Jul 30, 2015 | Industries, Market
In the first half (H1) of 2015, PT Bank Central Asia (BCA) Tbk (BBCA) booked profit after tax of Rp8.55 trillion, the amount grew by 8.79% from Rp7.86 trillion in the same period of 2014. Net interest income rose 11.39% to US$17.18 trillion from previous Rp15.42...
Jul 30, 2015 | Industries, Law, Market
Minister of trade’s regulation No. 06/2015, which revokes all selling permits at mini market and retailers effective April 16th, 2015 hit beer industry in Indonesia, including PT Multi Bintang Indonesia (MLBI) Tbk, which, by far, is the largest player. The...
Jul 30, 2015 | Industries
Jokowi administration seems determined to accelerate the development of mass rapid transportation system in the country. On Wednesday, July 29, the government kicked off procurement of 1000 bus rapid transit (BRT), which will be distributed to 33 provinces in the...
Jul 29, 2015 | Industries, Market
Shares of Japfa Comfeed Indonesia (JPFA) dropped further by almost 5% Wednesday (July 29) morning in Jakarta as investors responded negatively the Company’s financial performance in the first half, where it posted net loss of Rp272 billion against profit of...
Jul 29, 2015 | Industries, Market, Reviews
Shares of flag carrier Garuda Indonesia (GIAA) opened higher by 3% Wednesday (July 29) morning as investors responded positively the company’s financial and operational performance in the first half. In the period, Garuda Indonesia posted net profit of US$27.73...
Jul 29, 2015 | Industries, News Group
The Government of Indonesia offers 5 geothermal projects with total measured reserves of 730 megawatts (MW). The 5 projects are located in Kepahiang (Bengkulu), Marana-Donggala (Central Sulawesi), Way Ratai-Tanggamus (South Lampung) and Bandar Lampung. Indonesia has...
Jul 28, 2015 | Industries, Market, News Group
The Investment Coordinating Board (BKPM) told the press that Indonesia’s investment realization this year would surpass the target of Rp519 trillion after securing Rp259.7 trillion worth of investment commitment in the first half. BKPM projects investment into...
Jul 27, 2015 | Industries
Minister of Energy and Mineral Resources (ESDM) Sudirman Said told the press that he didn’t see the point of extending the Memorandum of Understanding (MoU) that the Government signed with PT Freeport Indonesia (PTFI) on July 25, 2015. The Government has also...
Jul 24, 2015 | Industries, Market, News Group
Minister of Finance Bambang P.S. Brodjonegoro expects to finalize the revision of the Finance Minister Regulation (PMK) Number 130/2011 about tax holiday by end of this month or early next month. The revision aims to boost investment realization to a 7% growth this...
Jul 24, 2015 | Industries, Law
PT Mandala Airlines, which was later known by the name Tigerair Mandala, was declared bankrupt on February 9, 2015. But to date, the process of calculating the company’s assets for repayment of debt has not yet been finalized. The main obstacle causing the...
