Nov 17, 2015 | Industries, Market, Reviews
Suprapto, assistant to secretary of Brebes Regency, claimed last week that only 0.45% of land required for the 57.5-KM toll road connecting Pejagan and Pemalang yet to be acquired. He admitted of difficulties in completing the acquisition of 10 more parcel of land for...
Nov 17, 2015 | Industries, Law
The Ministry of Finance has published the taxation treatment policies for entrepreneurs taxpayer. Included in the new range policies is the elimination of double taxation for financial instruments related to real estate investment funds (DIRE) using a scheme of...
Nov 16, 2015 | Industries, Market, Reviews
Indonesia booked trade surplus of US$1.02 billion last month, down slightly from US$1.03 billion in September as import declined 4.3%, while export down 4%. This contributed to US$8.16 billion of trade surplus in January-October 2015 against deficit of US$1.7 billion...
Nov 16, 2015 | Industries, Market, Reviews
BlueBird (BIRD), market leader in taxi services, has dropped 50.8% from its peak, but its market capitalisation of Rp15.4 trillion is 53 x Express Taxi (TAXI), the second largest taxi operator. We asked several questions to both companies, including impact of...
Nov 16, 2015 | Industries, Market, Reviews
Falling sales of automotive directly affected performance of tyre producers, including Gajah Tunggal (GJTL). Any improvement in the past two months? How about the overall fourth quarter? Plan to divest shares in Petrochem Indonesia (ADMG)? Below is summary of Q&A...
Nov 16, 2015 | Industries, Market, News Group
PT Astra Otoparts Tbk (AUTO) reported a 78% profit drop to Rp158.47 billion for January-September 2015 period, compared to Rp721.65 billion profit a previous year. Revenues declined 5.5% to Rp8.67 trillion from earlier Rp9.18 trillion. AUTO recorded equity in net...
Nov 16, 2015 | Industries, Law, News Group
The Government through the Investment Coordinating Board (BKPM) is reportedly planning a revision of the Negative Investment List (DNI). Discussions on the move have taken place since September 2015, proposals have been solicited from relevant ministries and state...
Nov 13, 2015 | Industries, News Group
State miner PT Aneka Tambang Tbk (ANTM) briefly answered questions asked by investors and the media at the Investor Summit held on Wednesday (Nov. 11). President Director of ANTM Tedy Badrujaman provided updates on chemical grade alumina (CGA), its market share, and...
Nov 13, 2015 | Industries, Law
The Ministry of State-Owned Enterprises (BUMN) revealed yet another plan to privatize PT Merpati Nusantara Airlines (Merpati). Will this new plan work? The Government claimed to have found two investors willing to revive the airline. The Deputy Minister of BUMN for...
Nov 13, 2015 | Industries, Reviews
Of the 6.4 millions hectares of palm oil plantation in Indonesia, only 2.6 million hectares are sustainable palm oil production area. This data point is becoming a point of attention ever since Indonesia’s hit by one of the worst forest fire crisis in four...
