Jul 13, 2015 | Industries, Market
National car sales improved 4.8% in June 2015 from the previous month, but dropped 18% in the first half of 2015. Automotive Business Association, Gaikindo, predicts car sales of 1-1.1 million units this year, down from 1.21 million units last year. To get better...
Jul 13, 2015 | Industries
A couple of weeks ago, Uber Technologies Inc. won a legal battle at the Ontario Superior Court. Canada-based media outlet CBC.ca wrote that the Superior Court Judge presiding over the case declared there was no evidence that Uber was operating as a taxi broker, after...
Jul 13, 2015 | Industries
Sun Life Financial Inc (TSX: SLF) is one of the financial service institutions based in Toronto with operations in Indonesia. SLF entered the Indonesian market in 1995. The company operates in Indonesia as PT Sun Life Financial Indonesia and PT Sun Life Indonesia...
Jul 12, 2015 | Industries, Market, Reviews
PT Akasha Wira International (ADES) Tbk is still a producer of bottled water under Nestle’s Pure Life brand. ADES as a brand, however, is no longer produced and distributed by Akasha. Still, compared to other sectors, ADES reported strong sales revenue growth of...
Jul 12, 2015 | Industries, Market, Reviews
Shares of PT Semen Indonesia (SMGR) Tbk have just touched their new low in three years time Friday (July 10) amidst slowdown of domestic sales of cement related to delays in infrastructure projects. Has the stock been oversold? SMGR, the largest cement producer by...
Jul 10, 2015 | Industries, Market
ICT retailer PT TiPhone Mobile (TELE) Tbk and Taiwanese company Arima Communications have on Thursday (July 9) signed a memorandum of understanding (MoU) for the establishment of smartphone manufacturing facility in Indonesia. Both companies yet to provide details of...
Jul 10, 2015 | Industries, Law
Under the leadership of Ignasius Jonan, the Ministry of Transportation (Kemenhub) is a much more interesting institution to follow. After reportedly revoking sixteen airline operating license, otherwise known as Air Operator’s Certificate (AOC) in mid-June...
Jul 10, 2015 | Commodities, Industries, Market
Should President Joko ‘Jokowi’ Widodo serious with his ‘new growth engine’ program in processing industry, the government should address immediately issues blocking the development of major gas fields in the country as future source of...
Jul 9, 2015 | Commodities, Industries, Market
President Joko ‘Jokowi’ Widodo said in an economic speech before business leaders and economists today that Indonesia is in the hunt for new growth engine as commodities, which helped the economy for almost one decade, lost grounds. The remark was timely...
