Slowdown of Domestic Consumption

Slowdown of Domestic Consumption

Financial report of Unilever Indonesia (UNVR) for the first quarter of 2015 points to a significant slowdown in domestic consumption of personal care, home care, food & beverages. UNVR posted 7.9% growth in sales revenues to Rp9.41 trillion in the quarter,...

First Quarter Results: Siloam Hospitals

Shares of Siloam Hospitals (SILO) have dropped 24.3% from its peak last year. At the current price, SILO has market cap of Rp15.32 trillion, less than half of the newly listed Mitra Keluarga Hospitals (MIKA). SILO reported strong results in the first quarter of 2015,...

Update on the National Car Project

After signing a Memorandum of Understanding with Proton Holdings Berhad on February 6, 2015, PT Adiperkasa Citra Lestari (ACL), the company chaired by the former Chief of National Intelligence Agency AM Hendropriyono, reportedly proposed a similar cooperation...
Advertising & Promotion: Big Spenders

Advertising & Promotion: Big Spenders

Unilever Indonesia, the largest player in home and personal care market, extended its domination as the biggest advertisement spender in Indonesia. HM Sampoerna, the largest cigarette producer, was caching up. Trailing behind them are pharmaceutical giant Kalbe Farma,...

TPS Food: Results & Outlook

Some people consider TPS Food (AISA) the small version of Indofood Sukses Makmur (INDF). Believe it or not, AISA is now valued almost the same with Indofood. They also generated somewhat similar return on equity (ROE), return on assets (ROA), and net profit margin....

Cosmetics Industry: Conversation with Wulan Tilaar

Sari Ayu is one of the oldest Indonesian cosmetic brands produced by PT. Martina Berto Tbk (IDX:MBTO) of the Martha Tilaar Group. MBTO was established on June 1977. Today it has 13 brands targeting different segments of cosmetic consumers. On Friday (April 17), we...

Martha Tilaar and the Jamu Industry

The Martha Tilaar Group has been expanding its business into spa and jamu (herbal drinks) business. In 2013, the company invested up to Rp45 billion in the jamu business by establishing a 10-hectare jamu factory complex in Cikarang, West Java. The 10-hectare jamu...
Logistic Boom: Noble Group

Logistic Boom: Noble Group

Global supply chain player Noble Group has joined other global players in tapping logistic business boom in Indonesia. Noble Group has just subscribed shares in three companies involved in Indonesian logistic business. Noble Group informed SGX this morning that it has...

Account Burglary at Major Banks

The National Police Criminal Investigation Unit (Bareskrim Polri) revealed to the public three cases of burglary that happened to bank account holders at BCA, Mandiri, and BNI. The Bareskrim Polri explained that the burglary happened by way of a computer virus that...
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