Strong Q3 for Telkom, Pay TV to Watch

PT Telekomunikasi Indonesia (TLKM) Tbk, the largest telecom carrier, booked net profit of Rp11.55 trillion in nine months of 2015, inched up 2.5% from the corresponding period of 2014. The Company’s revenues, interestingly, grew significantly by 20.5% in the...
BRI, Acquisition of BringinLife & Rini Soemarno

BRI, Acquisition of BringinLife & Rini Soemarno

Two months have passed since Bank Rakyat Indonesia (BBRI) announced the signing of conditional SPA for the acquisition of insurance firm BringinLife. The management yet to close the deal. What’s going on? Why investors should watch closely the process? Why the...

Weak September Data for United Tractors

United Tractors (UNTR), subsidiary of Astra International (ASII), reported weaker sales of construction machinery in September 2015 due to continuing pressures on plantation and mining sectors. Construction sector was the only positive news, but not enough to offset...

HM Sampoerna & IDX Composite Index

After completing the issuance of new shares to raise Rp20.77 trillion of proceeds, shares of HM Sampoerna (HMSP) have been traded more actively. Trading volume has been bigger than second largest cigarette producer Gudang Garam (GGRM) in the past few trading days,...

Coporate Actions & Q3 Results to Watch

PT XL Axiata Tbk (EXCL) has on Tuesday (October 27) paid unhedged US$100 million debt to Royal Bank of Scotland (RBS), a payment acceleration, along with Rp1.5 trillion loan facility provided by Bank Sumitomo Mitsui Indonesia. EXCL will also offer Islamic bonds...

Getting to Know Nonton.com

Last week, we wrote an article about the growth of internet television with video streaming service.  Today, we are going to talk about Nonton.com of PT Media Baru Digital, the Company behind the online portal that offers video streaming service. On Saturday (Oct....

9-Month Results: Bank Danamon, NISP, & BTN

Bank Danamon (BDMN) booked net profit after tax of Rp1.9 trillion in the first nine months of 2015, declined 9.5% compared to Rp2.1 trillion profit in the corresponding period of 2014, due to higher operating cost and lower net interest income. But on the quarter...
Legalization of Ojeks: What to Consider

Legalization of Ojeks: What to Consider

Motorcycle taxi, otherwise referred to locally as ojek, quickly became a very important transportation mode in the capital city Jakarta. This is largely thanks to the onslaught of new mobile applications increasing access to ojek riders. The problem is that ojek is...
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