Five Islamic political parties will participate in the 2014 elections, and all five of them are struggling to improve their electability, as demonstrated by the results of various surveys. But despite the challenges, all five Islamic parties seem to be confident with...
Discussions on modern retail, at times, feel very political. But not without reason. The people who consider modern retail as the byproduct of the evil capitalism are amongst those who are negatively impacted by the aggressive expansion of chains of convenience...
It’s interesting to see how Prabowo Subianto seems to be taking his time in choosing a running mate for July’s presidential election. We have not yet been presented with a solid list. All we’ve heard are rumors about who the former commander of the special forces...
One of the keys to success in a presidential race is momentum. Many believe that Prabowo Subianto has lost his — he had it in 2009, and today is Jakarta Governor Joko “Jokowi” Widodo’s time. Nevertheless, Prabowo still believes that he has the...
Semen Baturaja (SMBR) is the first cement company releasing full year 2013 results. This company booked net profit of Rp312 billion from sales revenue of Rp1.17 trillion, representing net profit margin (NPM) of 27%. Semen Gresik and Indocement reported NPM of 22.5%...
Bakrie Group dominated acquisitions few years ago despite troubles at its main locomotive: Bumi Resources. Chairul Tanjung’s CT Corp followed with over US$1 billion acquisition of retail giant Carrefour Indonesia, stakes in flag carrier Garuda Indonesia or cable...
On Feb. 11, 2014, vice presidential hopeful from Hanura Party, Hary Tanoesoedibyo, spoke to his fellow partymen in Banyuwangi. In his talk, Hary spoke briefly about Jokowi about whom he said, “His time is up.” Hary Tanoe was referring to Joko...
Shares of Wilmar International gained 1.51% to S$3.36 Thursday (Feb 20). It is, however, nowhere near its peak early last year and still not even half of its value four years ago. The company generated net profit of US$1.32 billion last year, grew 5.1% from 2012, but...
Asia Resource Minerals Plc informed market participants yesterday that Bakrie Group has only raised US$163 million, rather than the US$228 million required to complete the separation transaction (Bakrie leaves London-listed company, but gets Bumi Resources shares) on...
The new Minister of Trade is not a new face in Indonesian politics. Muhammad Lutfi was a member of President Susilo Bambang Yudhoyono’s first cabinet. He was the country’s Chief of Investment Coordinating Board (BKPM) who later became Indonesia’s...
