Transportation statistics in the firs two months of 2017 continued to spur optimism of stronger domestic economy going forward. Domestic air travel passengers, for example, grew 9.7% to 13.3 million, thanks to strong growth in Denpasar (Bali Island) and other airports (+15.8%). Sea transportation was weak, down 10.6% year-on-year, but railway system remained strong.

Hanson International (MYRX), which claims of having thousands of hectares of land bank for property development, is among the stocks traded with high frequency on Indonesia Stock Exchange (IDX). Hanson, some whose shares are still disputed by Benny Tjokrosaputro and Goldman Sachs, has lost 17.8% year-to-date, but at the current price the Company has market cap of Rp11.1 trillion.

PT Graha Layar Prima (BLTZ) Tbk, operator of CGV Blitz cinema, posted net loss of Rp16 billion last year. The Company, however, reported strong sales revenue growth of 44%, despite slower growth in the fourth quarter of 2016. This is the only operator listed on IDX, but two others—-Cineplex 21 and Lippo Group’s Cinemaxx—-will likely follow suit.

PT Perusahaan Listrik Negara (PLN), the largest company in Indonesia by total assets (Rp1275 trillion by Dec 31, 2016), booked net profit of Rp10.5 trillion last year, an increase of 75% from 2015. While this is good, it is not the most important story for the public utility company. PLN was lot more aggressive last year.

Social House, Blowfish, DragonFly, Kitchenette and D’Journal are among famous lifestyle brands owned by Ismaya Group. It has a total of 25 brands for cafes, restaurants, and clubs. Established in 2003 by Bram Hendrata, Christian Rijanto, and Brian Sutanto, Ismaya Group is reportedly in talks with private equity firm.

Singapore’s sovereign fund GIC has decided to expand its investments in Indonesian property market through a joint venture with PT Intiland Development Tbk (DILD) for the development of South Quarter complex in South Jakarta. GIC will have 40% shares in the integrated mixed-use complex, which will be benefited from the development of mass-rapid transit (MRT) connecting Lebak Bulus (South Jakarta) and Bundaran HI (Central Jakarta).

Financial year 2016 treated Peter Sondakh, one of Indonesia’s tycoons, not quite well, at least in the context of his companies listed on Indonesia Stock Exchange (IDX). Plantation firm Eagle High Plantation (BWPT), for example, reported net loss of Rp391 billion, skyrocketed 117% from 2015, while deal with Felda Group yet to be completed.

MNC Sky Vision (MSKY), market leader in cable TV business, yet to release its full year 2016 results. Financial report of other players, however, suggesting more pressures to MSKY, which is indirectly controlled by businessman and politician Hary Tanoesoedibjo.

Beer producer Delta Djakarta (DLTA), co-owned by San Miguel and Jakarta government, booked net profit of Rp254 billion last year, an increase of 33.2% from 2015. The company’s sales revenue grew only 5.4%, substantially smaller than market leader Multi Bintang Indonesia (MLBI), which posted 21% growth.