Indigenous People of Silat Hulu v. Sinar Mas

The long struggle of the Dayak community in the village of Silat Hulu, Ketapang, West Kalimantan against palm plantations on their ancestral lands paid off. The Supreme Court (MA) granted the request of Reconsideration (PK) filed by the two members of the indigenious...
Infrastructure Update: Land Acquisition Progress

Infrastructure Update: Land Acquisition Progress

The Government of Indonesia demonstrated its commitment to develop the country’s infrastructure by allocating Rp4.7 trillion to fund acquire plots of land needed for construction in 2015. The Government also said that it would do everything in its power to expedite...
Q&A with Automotive Industry Association

Q&A with Automotive Industry Association

Preliminary data shows stronger sales of cars in September over August 2015 (some pointed to 2.1% growth), but still way below September 2014. Accordingly, market players believe in gradual recovery in the industry, even though this is not enough to revise up whole...

Stronger Car & Steel Sales in September?

Composite index of Indonesia Stock Exchange (IDX) advanced 2.35% Tuesday (Oct 6) to become the best performing market in the region. The index was lifted, among others, by 11.3% gain of Astra International (ASII), market leader of automotive industry. Has automotive...

Oil & Gas Journal

President Joko “Jokowi” Widodo is expected to announce the Phase 3 of the Economic Policy Package Thursday this week. The Third Policy Package will reportedly include lowering the prices of gasoline, diesel and electricity (for industries), to avert more...
Railway Construction Outside of Java

Railway Construction Outside of Java

The Ministry of Transportation has budgeted Rp105 trillion for railway development outside of Java until 2019. That being said, the Ministry will focus on optimizing existing railway lines that are no longer actively used, in addition to building new railways in...
Waiting Garuda to Take Off

Waiting Garuda to Take Off

Flag carrier Garuda Indonesia (GIAA) is among stocks yet to rally significantly from its bottom even though its business environment has been improving substantially. Garuda Indonesia is now traded 0.7 x equity only.  As shown in the table, GIAA’s performance...
Investments in Labour-Intensive Industries

Investments in Labour-Intensive Industries

President Jokowi and his cabinet are trying hard to convince public that they can create more jobs amidst economic slowdown and the collapse of commodities. In a show of force yesterday, the cabinet announced investments committed by 16 companies in labour-intensive...

Strong Cement Sales Continues

Shares of cement producers opened mostly higher Monday (Oct 5) morning as investors received more positive news about domestic sales of the construction material. This morning we got confirmation from PT Semen Indonesia (SMGR) Tbk about their historical highest...

KAI Financials & Rail Freight Transport

PT Kereta Api Indonesia (KAI) is one of the best performing state companies in the past few years. Last year, the Company booked net profit of Rp948 billion, jumped 69% from 2013, due to strong revenue growth of 22% and improved margins. Capital injection from the...
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