We talked to one cabinet member two weeks ago. That time, he informed us about the visit from executives of cement companies, during which they appealed for moratorium of new cement mill to tackle the growing oversupply. Looks like the proposal might be partly accommodated by the new cabinet.

After sinking thousands of vessels for their alleged involvement in illegal fishing, President Joko ‘Jokowi’ Widodo ordered his cabinet to speed up investments in fisheries industry. We have to admit that investments in the sector yet to pick up. Financial statement of companies listed on Indonesia Stock Exchange (IDX) suggested slow pace of investment and sales revenues in the sector.

PT Waskita Beton Tbk has kicked off initial public offering of 10.54 billion shares or about 40% of the enlarged paid-up share capital. Will it be successful like Wika Beton (WTON), which gained almost 100% from IPO price, or probably better?

We have completed collecting data about the real capital expenditures (cash-basis) from 103 companies listed in the stock and bond market. Unlike the first batch of 64 companies, the second batch led to overall 0.7% growth to Rp52.9 trillion of cash used by 103 companies in investing activities, mostly to acquire fixed assets.

Indosat (ISAT), the second largest cellular operator, reported slower sales revenue growth in the second quarter, but 10.5% growth in the first half of 2016 was enough to post 70% jump in profit before income tax.