Toll Road Projects in Greater Jakarta

Toll Road Projects in Greater Jakarta

In six months, Waskita Karya (WSKT) managed to accelerate construction of Bekasi-Cawang-Kampung Melayu (Becakayu) toll road, which has been delayed for two decades. People live in Bekasi can now expect commercial operation of the toll road in 2017. How about...

Infrastructure Projects & Cement Market

Strong demand from infrastructure projects has forced largest cement producer PT Semen Indonesia (SMGR) Tbk to run at full capacity in the past few months. The Company confirmed yet another strong cement sales in November, grew 7% year-on-year. It has also started to...

Digital Music: Melody Online “Melon”

The 2015 International Federation of the Phonographic Industry (IFPI) Report shows that the 2014 global music industry generated a revenue of 6.85 billion USD. Interestingly enough, 46 percent (3.15 billions USD) of the revenue came from digital sales. The report...

CR Aroma Ltd to Acquire Sariwangi

The process of acquisition of the legendary tea company PT Sariwangi Agricultural Estate Agency (Sariwangi) by the Hong Kong-based CR Aroma Ltd is reportedly in the stage of finalization of licensing in the Investment Coordinating Board (BKPM). Provided that there are...

Market Snapshots & Corporate Actions

PT Dua Putra Utama Makmur TBk (DPUM), engaging in industry, fishery, and trading business, will have its listing and trading debut at the Indonesia Stock Exchange (IDX) today for 4.17 billion shares with market capitalization of Rp2.29 trillion. DPUM raised Rp921.25...

Profile: Eka Gustiwana

With the increase of internet penetration rate and the distribution of smartphones, young Indonesians have more means to express their creativity and promote their work in the net to wider audience. Without having to spend a lot for marketing, creative individuals can...

The Rise and Fall of Trikomsel (2)

ICT Retailer Trikomsel Oke (TRIO) is significantly bigger than competitor Erajaya Swasembada (ERAA) in terms of total assets. Interestingly, almost 36% of Trikomsel’s assets were in the form of advances for inventory compared to less than 3% at Erajaya.  It is...
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