Dec 9, 2015 | Industries, Market, Reviews
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...
Dec 9, 2015 | Industries, Market, Reviews
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...
Dec 9, 2015 | Industries, News Group
Since it began operation in September 2015, MatahariMall.com, the Lippo Group’s e-commerce portal, has become the first online business portal in Southeast Asia that uses the O2O (Online-to-Offline) mechanism. In a move to strengthen its O2O network, the...
Dec 8, 2015 | Industries, Market
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...
Dec 8, 2015 | Industries, Law, News Group
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...
Dec 8, 2015 | Industries, Market, News Group
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...
Dec 8, 2015 | Industries, Politics, Reviews
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...
Dec 7, 2015 | Industries, Market, Reviews
Private equity firms continue to invest in Indonesia’s retail food & beverage to anticipate growing middle class and urbanisation in the country. This time, their target is a company operating food court in some malls for low-middle income group. Some people...
Dec 7, 2015 | Industries, Market, Reviews
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...
Dec 7, 2015 | Industries, Market, News Group
Indonesia is listed as the world’s third largest cocoa producer by the Food and Agriculture Organization after Côte d’Ivoire and Ghana. But there aren’t that many businesses producing high quality chocolate in Indonesia. Nevertheless, things are slowly changing....