Berita

Economic stimulus package no.7

On 4 December, the government announced its seventh economic stimulus package, aiming to provide incentives for labor-intensive industries ease certain land-certification processes and reaffirm the...

Inflation threat: No more

In line with Bahana (0.2% m-m, 4.88% y-y) and consensus (0.15% m-m, 4.85% y-y) estimates, November inflation is back at 0.21% m-m or 4.89% y-y. Food prices returned to positive territory on their...

Indonesian Automotive: More pot holes ahead

Despite support from the Jakarta auto show, October 4W wholesale sales declined to 88k units, -5% m-m and -16% y-y (exhibit 1) based on sales figures released by Gaikindo (4W association). This is...

Bank Indonesia’s policy rate: Dovishness persists

In line with our and market expectations, BI, at its recent Board of Governors’ meeting, maintained its benchmark policy rate at 7.50% while the FASBI and lending facility rates were retained...

Taxi Industry: Low traffic

The taxi industry is currently suffering from competition resulting in lower utilization rates. On Blue Bird (BIRD), with 9M15 revenue of IDR4tn (+17% y-y), we now expect its full-year 2015F...

3Q15 corporate result round-ups: Disappointing, but bottoming out

The Indonesian equity market has just undergone corporate result season for the third quarter 2015. Thus far, 84 companies (71% of total market cap of the JCI), out of 99 (85% of total market cap...

Indonesian economy: Room for lower rates

Capital flows into emerging market improved last month on the back of The Fed’s dovish stance. 10-year US T-bills yield edged down to 2.04% while the curve flatten together with continued...

Indonesian economy: Low inflation favorable for IDR

Beating ours and market expectation (Bahana: 0.10% m-m, cons: 0.16% m-m), price index dropped -0.05% m-m or rose 6.83% y-y (Aug: 7.18% y-y driven by staple foods deflation at -1.07% m-m or 8.26%...

Investor Gathering Bahana TCW: “Infra Sampai Mana?”

Jakarta - Bahana TCW Investment Management salah satu anak usaha PT Bahana Pembinaan Usaha (persero) mengadakan diskusi pada acara Investor Gathering bertema “Infra Sampai Mana?”...