AirAsia Suffers More in Indonesia

The tragic crash of Indonesia AirAsia QZ8501 is no longer media headlines. Investors have refocused on fundamentals and financial performance of AirAsia and its Indonesian operations. While revenues in Indonesia grew higher than the holding company AirAsia Berhad, the...

Cilamaya Port Project & Interests Group

Transportation minister Ignatius Jonan revealed Wednesday (March 4) that vice president Jusuf Kalla has given a ‘go’ for the controversial Cilamaya port project in Karawang Regency, West Java, despite opposition from two state-owned companies, Pertamina...

Matahari Putra Prima: FY14 Results & Outlook

Retailer Matahari Putra Prima (MPPA) booked net profit of Rp554 billion last year, grew 24.5% from 2013. With earning per share of Rp103, MPPA is now traded 41 times earnings of 2014. MPPA is now among the most expensive stocks, valued eight times equity. MPPA...

Jakarta Journal: Traction on the ERP Project

The Government of the Special Province of Jakarta (PEMPROV DKI) have been working on having an Electronic Road Pricing (ERP) system installed in the capital city. But organizing this project has proven to be a very difficult task. PEMPROV DKI leadership met to discuss...
The Business of Co-Working Space

The Business of Co-Working Space

Cafes quickly became popular working space for freelancers ever since they began offering complimentary wifi connections. Executives have also caught on with this trend of working in cafes. Many of them began moving their meetings from the rigid conference room to...
Getting to Know Freelancer.com

Getting to Know Freelancer.com

More and more job seekers are foregoing the idea of settling down in a permanent job. They are keen on establishing their own business by first being a freelancer. The freelancers typically get jobs through their connections, but the advent of digital technology has...

FY2014 Results: PTPP & Peers

Shares of state-owned construction firm PT Pembangunan Perumahan (PTPP) Tbk ended lower by almost 2% Tuesday (March 3rd) on profit taking after a long period of rally. Besides, the stock is now among the most expensive in the construction sector, valued eight times...

Jakarta Journal: MRT Development Update

The Jakarta Mass Rapid Transportation (MRT) project is making progress. The tender for MRT Jakarta’s rolling stock work package has finalized. The company has just signed the contract with Sumitomo Corporation the winner of the bid. Here’s our recap on...
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