Ministry of industry plans to issue new regulation, which basically strictening requirements for new investments in cement industry to solve the increasing oversupply. Semen Indonesia (SMGR), the largest cement producer, however, expects its expansion won’t be halted because its factories are now running at full capacity.

The government and House Commission XI have agreed on capital injection of Rp47.15 trillion (US$3.62 billion) for state companies in the State Budget 2017. Most of the funds will flow into infrastructure projects, including financing of land acquisition.

Hospital business continues to attract investment companies. This time, PT Saratoga Investama (SRTG) Tbk, an investment holding controlled by Edwin Soeryadjaya, decided to become minority shareholder of PT Famon Awal Bros Sedaya, which operates four hospitals in Indonesia.

Ever heard of Daniland Group? You might have to start learning the company because of its property assets and projects in the country, plus names behind.

Indonesian Association of Motorcycle Industry (AISI) has just revised down full year sales target to 6 million units upon reviewing performance in the first nine months of 2016. Last month, motorcycle sales grew to 555,820 units from 527,536 units in August, but sales in the first nine months dropped 9.74% to 4.35 million units. We had a chance to discuss the market with AISI chairman Gunadi Sindhuwinata.

PT Arwana Citramulia Tbk (ARNA), one of the largest ceramic producers in Indonesia, reported strong results in the third quarter ended Sept 30, 2016. Its sales revenue grew 25%, while net profit jumped to Rp16 billion from less than one billion rupiah in the corresponding period of 2015. The Company’s data showed significant movement in markets outside Java, pretty much mirroring cement sales data.

Indonesia booked trade surplus of US$1.22 billion last month, an increase of 18.1% year-on-year, but mostly due to 2.3% decline in import. While the trade surplus supports rupiah, September data suggests lacklustre domestic demand and investments.

Kutuh Village in Bali Island has been busier in the past few years with construction of some new five-star hotels. Last week. construction of Bukit Pandawa Golf and Country Club nearby the famous Pandawa Beach was started. Sitting over 29 hectares of land, the 18-hole golf course boosts profile of the area, which is located up north of hotels like Mulia Resort and Shang-ri La Hotels.