Aug 2, 2016 | Industries, Market
Malaysia’s property giant Sime Darby Berhad, I&P Group Sdn Bhd, and SP Setia (Indonesia) Sdn Bhd have on Tuesday, August 2nd, signed memorandum of understanding with PT Hanson Indonesia (MYRX) Tbk for the development of 500 hectares if land in Maja,...
Aug 2, 2016 | Industries, Market
Competition in the Pay TV market intensified with aggressive expansion of Telkom’s IndiHome service. In the second quarter, Telkom’s revenues from pay TV has surpassed LinkNet (Lippo Group), closing further the gap with market leader MNC Sky Vision (MSKY)....
Aug 2, 2016 | Industries, Market
Executive of Media Nusantara Citra (MNCN), a company controlled by businessman cum politician Hary Tanoesoedibjo, was mad when we asked about placement of MNCN’s huge cash in mutual funds managed by MNC Group (affiliated party) during public expose of the...
Aug 2, 2016 | Industries, Market, Reviews
Food & beverage industry remains one of the most attractive sectors for foreign investors in Indonesia to tap potentials in the 260 million population. Some investors are known in the process of acquiring F&B producers in the country, including one of fast...
Aug 1, 2016 | Industries, Market
AKR Corporindo (AKRA) is one of losers on IDX year-to-date. The stock lost 5.2% as investors realized last year’s gains. Its sales revenue dropped 28.3% in the first half of 2016 due to falling oil prices, but its revenues from industrial estate and property started...
Aug 1, 2016 | Industries, Market
Toll road development is one of signature projects of Jokowi-Kalla administration. Land acquisition in some areas and financing are still the biggest challenges. Jokowi has appointed new minister of agraria/land, Sofyan Djalil, to replace Ferry Mursyidan Baldan, who...
Aug 1, 2016 | Industries, Market, Reviews
Aggressive expansion of convenience stores might have hurt bigger retail formats more in the first half. Alfamart, one of the largest operators of convenience stores, enjoyed strong sales revenue growth of 21.5% even though number of outlets grew only 5.4%. This...
Jul 30, 2016 | Industries, Market, Reviews
PT SmartFren Telecom Tbk (FREN) booked net loss of Rp668 billion in the first half of 2016, down 18% from the corresponding period of 2015 due to high depreciation and amortisation costs. Operating loss ballooned 101% to Rp1.04 trillion, while finance costs continue...
Jul 30, 2016 | Industries, Market, Reviews
Bentoel International Investama (RMBA), the fourth largest cigarette producer controlled by BAT International, has stepped up competition against three majors: HM Sampoerna, Gudang Garam, and Djarum. The Company was still in red with net loss of Rp676 billion in the...
Jul 30, 2016 | Industries, Market
Aggressive entry of new players hit Semen Indonesia (SMGR) and Indocement Tunggal Prakarsa (INTP), which long dominated the cement market. They both suffered falling sales revenues and operating profit margins in the first half. Unlike smaller player Semen Baturaja...
