Mar 2, 2016 | Industries, Market, News Group
Asia markets were higher in morning trade on Wednesday, taking early cues from overnight gains in Europe and U.S., Cnbc.com reported. Nevertheless, investors will closely watch the Chinese market today, after ratings agency Moody’s changed its outlook on...
Mar 2, 2016 | Industries, Market, News Group
The Central Bureau of Statistics (BPS) revealed on Tuesday (March 1) that February 2016 deflation was 0.09%, compared to 0.51% inflation in January 2016, contributed by staple food (-0.58%), housing, water, electricity, gas, fuel (-0.45%) and transportation,...
Feb 29, 2016 | Industries, Market, Reviews
Integrated poultry player PT Japfa Comfeed (JPFA) Tbk booked net profit of Rp468 billion last year, grew 38% from 2014, thanks to significantly stronger performance in the fourth quarter of 2015. This might be related to the Company’s actions in day-old-chick...
Feb 29, 2016 | Industries, Market
Astra International (ASII) sets aside Rp5.3 trillion of capital expenditures for the development of its infrastructure and logistic business this year, absorbing almost 40% of the group’s total capex. Physical construction of three giant power plants with...
Feb 29, 2016 | Industries, Market, Reviews
PT Semen Baturaja Tbk (SMBR) booked net profit of Rp354 billion last year, inched up 5.4% from 2014 due to falling profits in the fourth quarter of 2015. Still, Baturaja is persistently valued lower than the two giants: Semen Indonesia and Indocement Tunggal Prakarsa....
Feb 29, 2016 | Industries, Market, News Group
Retailer PT Hero Supermarket Tbk (HERO) recorded good sales growth in 2015, despite a significant reduction in store numbers. Its net revenue rose 12% to Rp14.56 trillion last year. However, HERO suffered net loss of Rp144 billion in 2015, including Rp62 billion...
Feb 29, 2016 | Industries, Market
The central bank (Bank Indonesia/BI) predicts 0.13% deflation for February 2016, the lowest in the past three years, mainly supported by the declining prices of agriculture products and the decline of electricity tariff. That said, BI believes that annual inflation...
Feb 26, 2016 | Industries, News Group
Since December 2015, PT Global Digital Niaga (blibli.com) of Djarum Group have been building a partnership with the National Basketball Association (NBA) for the latter’s first online store (www.nbastore.co.id) in Southeast Asia Region. On Wednesday (Feb. 24),...
Feb 26, 2016 | Industries, Law
The Special Committee formed to discuss the Bill on the Prohibition of Alcoholic Beverages (Pansus RUU Minol) convened on February 25, 2016. The Government attended the meeting and handed over the Problem Inventory List (DIM) for the Bill—the process to assemble this...
Feb 26, 2016 | Industries, Market
PT Vale Indonesia Tbk (INCO) reported profit attributable to equity of US$50.5 million in 2015, dropped 71% from US$172.27 million in 2014 as revenue fell 24% to US$789.74 million from US$1.04 billion previously Operating profit dropped 68% to US$79.75 million from...
