Feb 13, 2015 | Industries, News Group, Politics
In recent years, the 24-hour convenience stores have grown to become a new hangout place for young Indonesians. What’s interesting is that this has not been a phenomenon exclusive to Jakarta. You can find it happening in Bali, Surabaya, and Yogyakarta. The youth would...
Feb 13, 2015 | Industries, Reviews
State-owned port management company PT Pelindo IV is not as big as Pelindo II and III in terms of revenues and profit. The Company, however, deserved attention following approval from the House of Representatives (DPR) to a proposal from President Joko ‘Jokowi’ Widodo...
Feb 13, 2015 | Industries, Market
Increasing income and changing lifestyle have boosted consumption of bread, and accordingly attracted more players in the bread & fillings industry in Indonesia in recent years. Nippon Indosari (ROTI), famous with its Sari Roti brand, as of today, is still the...
Feb 12, 2015 | Industries, Market
Bank CIMB-Niaga (BNGA) booked net profit of Rp2.34 trillion last year, collapsed 45.31% from 2013, making it the worst performer in the Top 10 banks by total assets. Largest bank Mandiri (BMRI), meanwhile, posted net profit of Rp19.9 trillion, grew 9.23% from 2013 due...
Feb 12, 2015 | Industries, Reviews
PT Central Omega Resources (DKFT) Tbk has appointed China National Machinery Import & Export Corporation (CMC) and China Machinery Industry Construction Group Inc (SINOCONST) as EPC contractor for its nickel pig iron (NPI) plant in Morowali Utara, Central...
Feb 12, 2015 | Industries, Reviews
Story-i is among the fast growing authorized resellers in Indonesia. The launching of iPhone 6 and iPhone 6 Plus in Indonesia is expected to significantly boost Story-i’s revenues this year onwards. The stores’ indirect owner Pine Capital Limited is currently listed...
Feb 11, 2015 | Industries, Market, Reviews
Two weeks ago, PT Soho Global Health, one of leading pharmaceutical companies in Indonesia, announced the entry of private equity firm Quadria Capital. For Quadria Capital Fund, this is the second investment in Indonesia. Our source said the deal was worth less than...
Feb 11, 2015 | Industries, Reviews
In December 2012, then CEO of Pertamina Karen Agustiawan said then president Susilo Bambang Yudhoyono (SBY) ordered Pertamina to complete construction of the tallest building worth US$850 million in 18 months. So, SBY expected to inaugurate the 99-storey tower, meant...
Feb 10, 2015 | Industries, Reviews
Salim Group is one of the largest technology players in the country. One of its subsidiaries is a long-time supplier of banking equipment & solutions, hardware & infrastructure solutions, and software & application solutions for more than 30 years. Yes,...
Feb 6, 2015 | Industries, Reviews
Proton Holdings Berhad has on Friday (Feb 6) signed a memorandum of understanding with PT Adiperkasa Citra Lestari (ACL) to ‘establish cooperation ties between Malaysia and Indonesia in relation to the development and manufacturing of Indonesia National...
