Mar 31, 2016 | Industries, Market
Milk and beverage producer PT Ultrajaya Milk Industry & Trading (ULTJ) Tbk booked net profit of Rp519 billion last year, jumped 78% from 2014 on improved margins. The Company, however, reported weaker performance in the fourth quarter. ULTJ, where Salim Group is...
Mar 31, 2016 | Industries, Market
Two chemical giants, Chandra Asri Petrochemical (TPIA) and Lotte Chemical (FPNI), ended 2015 with positive note, thanks to falling input costs. Some textile producers, meanwhile, topped the list of hiring last year. Have fundamentals of the manufacturing industry...
Mar 31, 2016 | Industries
The Financial Service Authority (OJK) will issue a new regulation regarding the incentives awarded to banks for improving their cost efficiency by lowering net interest margin (NIM). The OJK has demanded state-owned banks to lower their NIM to the range of 3-4% in a...
Mar 31, 2016 | Industries, Market, News Group
Indonesia’s economic growth is expected to rebound this year as consumers and private investors respond favorably to the government’s public investment and structural reform efforts, says a new report by the Asian Development Bank (ADB) released Wednesday (Mar. 30)....
Mar 31, 2016 | Industries, Market
Food processor Mayora Indah (MYOR) is probably one of few companies listed on Indonesia Stock Exchange (IDX) benefited from strong export drive. The Company reported net profit of Rp1.22 trillion last year, tripled from 2014, thanks to significantly higher margins....
Mar 31, 2016 | Industries, Market, News Group
Asian shares rose on Thursday, taking early cues from Wall Street gains overnight, as receding worries of near-term U.S. interest rate hikes continued to buoy risk sentiment, Reuters reported. The dollar hovered near seven-week lows versus the euro as cautious...
Mar 30, 2016 | Industries, Politics
Competition between China and Japan in the development of infrastructure continues. This week, we’re informed that Chinese consortium wins the giant Jawa-5 coal-fired power plant (CFPP) with 2×1000 MW capacity, while Japan has been given green light to...
Mar 30, 2016 | Industries, Market, News Group
Some property firms mostly reported a drop in profits for 2015 due to growing costs. While PT Summarecon Agung Tbk (SMRA) and PT Metropolitan Land Tbk (MTLA) reported lower revenues. PT Ciputra Land Tbk (CTRA) reported 3.1% drop in profit attributable to equity to...
Mar 30, 2016 | Industries, Market, News Group
The Government of Indonesia predicts the economy to grow higher in the first quarter of 2016, compared to 5.04% growth in the fourth quarter of 2015, on the back of government spending, which has reached Rp8 trillion in the fourth week of March 2016. At the stock...
Mar 30, 2016 | Industries, Market
Unilever Indonesia (UNVR), market leader for personal and home care products, ended 2015 with 1.3% decline of net profit to Rp5.85 trillion, dragged down by 11% fall of net profit in the last quarter of the year. With return on equity (ROE) of 121.2% and price to book...
