Jan 28, 2016 | Industries, Market, News Group
On Wednesday (Jan. 28), the Government of Indonesia launched the ninth economic policy package that focuses on accelerating infrastructure development for electricity, stabilizing meat prices, and improving logistics in villages and cities. The Coordinating Minister...
Jan 27, 2016 | Industries, Market, Reviews
Dubai-based private equity firm The Abraaj Group has reportedly acquired one hospital in Indonesia from pension fund of one state-owned mining company for undisclosed consideration. This extends the list of private equity investment in Indonesian healthcare industry....
Jan 27, 2016 | Industries, Market, Reviews
Most plastic processors listed on Indonesia Stock Exchange (IDX) reported weak bottomline in the past few years. In the first nine months of 2015, for example, Trias Sentosa (TRST) booked net profit of Rp18 billion only, crashed 67% from the corresponding period of...
Jan 27, 2016 | Industries, Market, News Group
The central bank (Bank Indonesia/BI) has positive view on the rupiah for this year as the pressure from external side is declining, while domestic economy shows its on-going recovery and improvement. BI believes that the rupiah depreciate less against the US dollar...
Jan 27, 2016 | Industries
The Official website of Ford Motor Indonesia announced on Monday (Jan. 25) that the American multinational automaker The Ford Motor Company (NYSE:F) decided to withdraw its business operations in Indonesia as of the second half of this year. Ford Motor Indonesia will...
Jan 27, 2016 | Industries, Market, News Group
Investors await the Fed Fund Rate policy to be decided on Thursday (Jan. 28). This morning, Asian stocks were subdued as a wait-and-see mood prevailed ahead of the Federal Reserve’s policy statement, with sentiment fragile after a rout in Chinese shares the...
Jan 26, 2016 | Industries, Market, News Group
Nymex’s crude oil returned to below US$30 per barrel, as this morning it was traded at US$29.77 per barrel in Asian trading. Crude oil prices fell again, wiping out much of the price gains made on Friday last week. The news that Iraq’s output reached a...
Jan 26, 2016 | Industries, Market, Profiles
Smartphone’s applications (apps) ecosystem gave rise to messaging apps. That his has moved people away from using text messages. The early, and once extremely popular messaging app was the Blackberry Messenger by the Canadian company Blackberry Ltd (Nasdaq:...
Jan 26, 2016 | Industries, Market, Reviews
PT Chandra Asri Petrochemical (TPIA) Tbk has finally completed expansion of its naphtha cracker in Cilegon, Banten province, which was started in September 2013. The expansion boosted Chandra Asri’s olefin capacity by 43%. The question, of course, what next? What that...
Jan 26, 2016 | Industries, Market, News Group, Reviews
PT Bank Negara Indonesia (BNI) Tbk (BBNI) suffered a 15.9% drop in net income to Rp9.067 trillion in 2015, from Rp10.78 trillion in previous year, as its loan provision doubled to Rp7.336 trillion from earlier year Rp3.64 trillion. Net income per share also fell 15.7%...
