The Uber Trouble Continues

Uber Technologies’ operation in Jakarta has been the target of raids led by Jakarta’s Transportation Department. Jakarta’s Transportation Department formed a task force with the help of the Jakarta Metro Police to crack down on Uber’s operation in the capital city....
Deregulation of Alcoholic Beverages

Deregulation of Alcoholic Beverages

The Ministry of Trade will reportedly relax the regulation on the control of alcoholic beverages. This deregulation policy is a part of the Government’s Economic Policy Package released on September 9, 2015. The regulation to be revised is the Director General...
Infrastructure Projects Update

Infrastructure Projects Update

State-owned electricity provider PT Perusahaan Listrik Negara (PLN) will soon auction off three power plant projects under the 35,000 MW program. Ministry of public works & housing and ministry of transportation, meanwhile, will integrate infrastructure...

More Signals of Recovery

After eight months of weak demand, ceramic producers have started to see the lights. The start of some projects from the government and private sector contributes to stronger demand in the past week.  Elisa Sinaga, chairman of Indonesian Ceramics Association (Asaki),...
Financials of PT Djarum

Financials of PT Djarum

PT Djarum is the third largest cigarette producer in Indonesia with substantial gap from second largest, PT Gudang Garam (GGRM) Tbk. What do we know about its financials? Djarum, whose owner controls Bank Central Asia (BBCA) and Sarana Menara Nusantara (TOWR),...

Updates on the 35.000 MW Power Program

The debate about the viability of the 35,000 MW power program has eased after President Joko “Jokowi” Widodo insisted that there’d be no revision and all would go as planned. But the journey has just begun. There are still important issues to resolve...
SembCorp & The 35000 MW Project

SembCorp & The 35000 MW Project

SembCorp Industries has just commenced full operation of Thermal Powertech Corporation India (TPCIL) with the completion of its second 660-MW unit this week to make a total of 1320 MW capacity. The second power plant project, also with 1320 MW, is scheduled for...
Revitalizing Abandoned Railways

Revitalizing Abandoned Railways

The Government of Indonesia have discussed the idea of revitalizing the thousands of kilometers of abandoned railways in Java and Sumatera for years. Previous regimes have failed to do so. The question now is whether Jokowi’s administration would succeed what their...
Infrastructure Projects Update

Infrastructure Projects Update

PT Marga Harjaya Infrastruktur, holder of Jombang-Mojokerto (Joker) toll road concession in East Java, has decided to focus on field construction of Section 3 of the 40.5 KM project. Construction is expected to complete year end, which will be connected to...
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