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...
Feb 16, 2015 | Industries
Indonesian healthcare market continues to attract investments both for the development of new hospitals and expansion of pharmaceutical production. In this report: Sanbe Group, Majestic Land, Mitsubishi Tanabe, etc. HOSPITALS Siloam Hospital: On February 6, 2015, PT...
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...
