Apr 30, 2015 | Industries
On Wednesday (Apr 29), PT Elang Mahkota Teknologi Tbk (IDX:EMTK) announced that the company had just invested series A budget to the newly established e-commerce bobobobo.com through its subsidiary PT Kreatif Media Karya (KMK Online). Alvin W. Sariaatmadja of EMTK...
Apr 30, 2015 | Industries, Market
Indofood Sukses Makmur (INDF) reported flat growth of revenues in the first quarter despite a stronger 8.3% growth at consumer branded subsidiary PT Indofood CBP Sukses Makmur (ICBP) Tbk. Weaker performance of plantation units have dragged down INDF’s net profit...
Apr 29, 2015 | Industries, Market
Shares of Telekomunikasi Indonesia (TLKM) ended lower by 3.23% on broad market sentiment, contributing to 2.6% fall of IDX composite index Wednesday, even though it posted a relatively solid first quarter. Its revenues grew 11% in the period, thanks to strong...
Apr 28, 2015 | Industries, Market
The Brent crude oil price fell by almost 50% in the fourth quarter of 2014, closing the year at US$56 per barrel, its lowest level in more than five years. The speed and degree of this decline was unexpected, impacting oil and gas stocks around the world. In December...
Apr 28, 2015 | Industries, Market, Reviews
Pretty much as predicted, Astra International (ASII) reported a weak first quarter due to pressures in the automotive, agriculture, and heavy equipment segments. The Company’s sales revenue declined 9.3%, while net profit dropped 15.5% in the quarter. As you can...
Apr 27, 2015 | Industries
The popular social media platform Facebook announced its cooperation with PT Indosat Tbk (IDX:ISAT) to provide free internet access to Indonesian internet users through the internet.org. The internet.org is a Facebook-led initiative, bringing together technology...
Apr 27, 2015 | Industries, Market, Reviews
PT Nippon Indosari Corporindo (ROTI) Tbk, leader in the bread mass market, reported 11.6% growth in sales revenue for the first quarter of 2015. PT HM Sampoerna Tbk (HMSP), leader in cigarette market, meanwhile, posted 18% growth in revenues. NIPPON INDOSARI (ROTI):...
Apr 24, 2015 | Industries
The Indonesian Publisher Association (IKAPI) claims that there are 1,314 publishers in Indonesia as per 2013. Most of these publication companies are privately owned, but one of them is a stated-owned enterprise, i.e., PT Balai Pustaka. IKAPI also pointed out that...
Apr 24, 2015 | Industries, Market
Bisnis Indonesia reported this morning that state-owned toll road operator PT Jasa Marga (JSMR) Tbk has secured Rp1.6 trillion of loans from three state-owned banks to finance Medan-Kualanamu-Tebingtinggi toll road project. Others? MEDAN-TEBINGTINGGI: JSMR CEO...
Apr 24, 2015 | Industries, Politics, Reviews
President Joko ‘Jokowi’ Widodo has repeatedly expressed his intention to build high-speed train in Indonesia. He has tried both Shinkansen during his trip in Japan late last month and China Railway High-Speed (CRH) during a visit to China last November at...
