Dec 7, 2015 | Industries, Market, News Group
Internet has long provided with its users with tools for finding and reviewing services. There are established directory services platform such as the Massachusetts-based TripAdvisor Inc (Nasdaq: TRIP) and the California-based Yelp (NYSE:YELP) as examples. Indonesia...
Dec 7, 2015 | Industries, News Group
After having been delayed for several weeks, the Indonesian government unveiled the seventh economic policy package on Friday last week. The series of policy packages are aimed at boosting economic growth in Southeast Asia’s largest nation amid slowing growth in...
Dec 7, 2015 | Industries, Market, News Group
The Asian Development Bank (ADB) lowered its forecast for economic growth in Indonesia to 4.8% year on year (y/y) in 2015 and to 5.3% (y/y) in 2016 from previously 4.9% (y/y) and 5.4% (y/y), respectively. In its latest report on Indonesia, the ADB cited that problems...
Dec 6, 2015 | Industries, Market, Reviews
SGX-listed Pollux Properties Ltd, controlled by Indonesian businessman Nico Purnomo Po, is a fast-growing property group, which reported 64% growth of sales revenues in the first half ended September 30, 2015. Most of its property projects are located in Singapore,...
Dec 5, 2015 | Industries, Market, Reviews
ICT retailer Trikomsel (TRIO) confirmed yesterday that it will not be in a position to make interest payment this month on the 2017 Notes (S$100 million). The Company also failed to make interest payment due last month on the 2016 Notes (S$110 million). Its future now...
Dec 4, 2015 | Industries, Market, Reviews
Ultra Jaya Milk (ULTJ) is one of the best performing companies listed on Indonesia Stock Exchange (IDX) this year. Its sales revenue grew 13.6% in Jan-Sep 2015, while net profit jumped 91% to Rp394 billion to represent an annualised return on equity (ROE) of 20%. What...
Dec 4, 2015 | Industries, Market, Reviews
Some garment and textile producers reported solid performance this year and benefited from weak rupiah by boosting export. Others, unfortunately, suffered from both falling sales and volatility of currencies worldwide. To get better understanding about the industry,...
Dec 3, 2015 | Industries, Market
Go-Jek, a social enterprise led by Nadiem Makarim, was established with the goal to professionalize motorcycle taxi (ojek) service and improve the welfare of ojek riders. Since early 2015, Go-Jek has been aggressively expanding their business by progressively rolling...
Dec 3, 2015 | Industries, Market, Reviews
Ministry of industry reveals that two companies, PT Well Harvest Winning Alumina Refinery and PT Feni Haltim, which applied for tax holiday facilities might only get tax allowance, Bisnis Indonesia newspaper reported this morning. PT Well Harvest Winning Alumina...
