Telkom: FY14 Results & Outlook

Largest telco player PT Telkom (TLKM) Tbk booked net profit of Rp14.66 trillion last year, inched up 2.4% from 2013 on squeezed margins due to higher operation and maintenance expenses, depreciation and amortisation, and finance costs. Outlook? Telkom reported 8.1%...

The Case of Switched Drugs

On Feb. 12, 2015, two patients died at the Lippo-controled Siloam hospital Lippo Village Karawaci after they were injected with a local anaesthetic drug called Buvanest Spinal, a brand produced by the largest pharmaceutical company in Indonesia PT Kalbe Farma (KLBF) ....

Frenzy on Indonesian Tech Boom

Yello Digital Marketing, a subsidiary of Yello Mobile, South Korean company, which claimed itself the largest mobile platform in the region, has acquired majority stake in Adplus, a leading adtech company in Indonesia last week. This intensifies competition in the...

Lippo, CVC, LinkNet & BigTV

PT Indonesia Media Televisi (IMTV), subsidiary of Lippo Group’s Multipolar (MLPL), reportedly plans to sell 15% shares through initial public offering (IPO) to raise up to US$100 million. As of today, Multipolar controls 65% shares in IMTV, operator of pay TV...

Prajogo Pangestu’s Power Ambition

National media quoted Agus Salim Pangestu, son of tycoon Prajogo Pangestu, this morning revealing Barito Pacific Group’s plan to develop a giant 1,000 MW power plant in western tip of Java.  We can understand the plan in the context of Barito Group’s...

The Business of Co-Working Space Part II

The co-working space business emerged as an answer to rising demand for a more community oriented work space that is not only cozy but also has excellent infrastructure to support professional requirements. Co-working space can now be found throughout Indonesia, in...
Surya Paloh’s Planets, Part I

Surya Paloh’s Planets, Part I

Media mogul and politician Surya Dharma Paloh is a very important man to know. He contributed significantly to Jokowi-Kalla’s presidential campaign through his media network, especially with his national television station MetroTV. As such, Paloh is now one of the...
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