Jun 12, 2015 | Industries, Market
Indonesia is considered a truly ‘mobile first’ market because almost 70% of its 83 million Internet users access the web via mobile devices. Companies like Elang Mahkota Teknologi (EMTK) and GSMKonsep International are targeting the market. This morning,...
Jun 12, 2015 | Industries, Reviews
President Joko ‘Jokowi’ Widodo is scheduled to inaugurate the operation of 13.6KM Gempol-Pandaan toll road in Pasuruan Regency, East Java today (Friday 12). Commercial operation of the toll road will cut significantly traffic between Surabaya and Malang. ...
Jun 12, 2015 | Industries, Reviews
Two years ago, PT Toray Polytech started commercial operation of polypropylene spunbond, raw material for disposable diapers, in Tangerang, Banten province with investment of around 3.2 billion yen. Early this year, international media reported plans from Toray...
Jun 11, 2015 | Industries, Market
Summarecon Agung (SMRA) is one of the largest property developers in the country with sales revenue of Rp942 billion in the first quarter of 2015, inched up 0.4% only from the same period of last year. Its net profit dropped 10% in the quarter, but Summarecon is...
Jun 10, 2015 | Commodities, Industries, Market
Despite prolonged weakness in metal prices, investors continue to pouring money in the country’s mineral processing industry. Sumatra Copper & Gold Plc, listed on ASX, but controlled by Indonesians, for example, has commenced open pit mining at Tembang...
Jun 10, 2015 | Industries, News Group
Local property developer community urges the government of Indonesia to grant investment ownership for foreign investors in the property sector to prevent outflow of funds. It’s a known fact that Indonesian rich have long opted for investing in properties...
Jun 10, 2015 | Industries, Market, Reviews
Erajaya Swasembada (ERAA) is the largest retailer for gadgets, cellular and smartphones in Indonesia. In the first quarter of 2015, ERAA reported 27.6% growth in sales revenues to Rp3.95 trillion, but net profit declined 11.8%. In recent years, the Company has...
Jun 9, 2015 | Industries, Reviews
PT Sumber Segara Primadaya (SSP) is getting closer to start construction of the giant 1000 MW coal-fired power plant in Cilacap, Central Java. This is one of projects under the ambitious 35,000 MW program launched by President Joko Widodo. Adi Supriono, corporate...
Jun 8, 2015 | Industries, Market, Reviews
Hary Tanoesoedibjo, controlling shareholder of MNC Group, admitted of interest in acquiring Link Net, operator of Pay TV and broadband Internet, which will be consolidated with MNC Sky Vision (MSKY) and PlayMedia. “If the price is right,” Hary said two...
