Berita

Weak 1Q15 GDP = Cut in 2005 economic growth to 5

On the back of weak government expenditures, Indonesia’s 1Q15 GDP growth decelerated to 4.71% y-y, down 0.18% q-q, (4Q14: 5.01% y-y; 1Q14: 5.14% y-y), its lowest level since 3Q09 and well...

Equity market: Scarcity of growth

Harry SuSenior Associate DirectorHead of ResearchOur on-the-ground channel checks suggest severe economic growth deceleration with various sectors experiencing declines of 30-90% y-y. From brick...

IPO PP Property

Jakarta - Bahana Securities kembali mendapatkan kepercayaan menjadi  salah satu Lead underwriter atau Penjamin Pelaksana Emisi rencana go public PT PP Properti anak usaha perusahaan konstruksi...

Plantations: Under pressure

Soyabean oil and palm oil are naturally interchangeable goods, translating to strong correlation in prices for both commodities. Due to the abundance of global soyabean oil inventory, soyabean oil...

Toll roads: Policy updates

  Upon obtaining IDR3.6tn capital injection, Hutama Karya, a non-listed construction SOE, recently signed a toll-road concession agreement (PPJT) for the 17km Medan-Binjai toll road, one of...

4Q14 corporate results: The worst in several years

  With 93 out of 95 stocks under our coverage (76% of the total market capitalization of the index) having already reported 4Q14 earnings, it is safe to say that last quarter had been one of...

Infrastructure: Execution is key

At our recent Bahana Infrastructure Forum, our panelists shared a common view that the government is moving into the right direction on addressing Indonesia’s land acquisition issues,...

Monthly auto sales: Feeble February

Based on sales figures released by Gaikindo (4W association) and AISI (2W association), February 4W sales slumped to 88.7k units, down 21% y-y and 6% m-m, with 2W sales reaching 556k units, down...