Feb 24, 2015 | Industries, Market
Ceramic producer PT Arwana Citramulia (ARNA) Tbk booked net profit of Rp259.3 billion last year, an increase of 10% from 2013. Investors responded positively with 0.52% gain in ARNA shares this morning. Some, however, consider ARNA too expensive already. With earning...
Feb 24, 2015 | Industries, News Group
Condoms are still considered to be something of a taboo in Indonesia. They are linked to promiscuity and premarital sex, which would explain the constant unease many have with the thought of condoms. But, ironically enough, Indonesia has one of the largest condom...
Feb 23, 2015 | Commodities, Industries, News Group
The Minister of Energy and Mineral Resources (ESDM) Sudirman Said met with PT Freeport Indonesia, PT Newmont Nusa Tenggara, PT Gorontalo Mineral, and PT Kalimantan Surya Kencana on Wednesday Feb. 18 to discuss the smelter project development roadmap. One of the...
Feb 23, 2015 | Industries, News Group
A social media campaign emerged in the wake of the execution of convicted drug-runners Myuran Sukumaran and Andrew Chan. Australians started the hashtag #boycottbali on Twitter to rally their countrymen against visiting Bali for their holidays in a move to stop...
Feb 23, 2015 | Industries, Market
World crude steel production for the 65 countries reporting to the World Steel Association was 133 million tons in January 2015, declined 2.9% from January 2015. This was attributable to 4.7% fall of production in China, the world’s single largest producer,...
Feb 18, 2015 | Industries, News Group
The Trade Minister Rachmat Gobel was praised for issuing the regulation to ban the sales of alcoholic beverages in minimarkets. But some players in the modern retail industry and players in the tourism industry are not impressed. For them, it’s not a matter of...
Feb 18, 2015 | Industries, News Group
Japanese online retailer Rakuten Belanja Online Indonesia published an interesting report predicting the growth of Indonesia’s electronic commerce (e-commerce) at 10 billion USD in 2015 (37.2 percent increase from previous year). The figure is really tempting for...
Feb 16, 2015 | Industries
If you’ve been paying attention to the news, you would’ve read the Minister of Agrarian Affairs and Spatial Planning/Head of the National Land Agency Ferry Mursyidan Baldan talking about his plan to eliminate the Land and Building Tax (PBB), Sale Value of...
Feb 16, 2015 | Industries, Market, Reviews
Indonesian cigarette market may have only grown less than 2% in volume last year. Cigarette producer Gudang Garam (GGRM), however, reported 20.4% growth in sales revenue in rupiah in nine months of 2014. That means, the Company transferred all of the higer excise tax...
Feb 16, 2015 | Industries, Market, Reviews
The House of Representatives (DPR) has just passed into law the revised 2015 State Budget on Friday (Feb 13). One of key changes is an 8.4% increase in tax revenues to Rp1440 trillion, thanks to 15% hike in revenues from excise, significantly higher than changes in...
