BBCA – Solid Performance Throughout Pandemic Year
BBCA still managed to book a solid performance amid the pandemic, marked by an increase in PPOP by 11.2% YoY. Net income
BBNI – Amid Low Credit Growth and Cost of Funds
BBNI's profit fell by -78.7% to IDR 3.28 trillion in 2020. Loan Loss Provisions rose sharply to IDR 22.59 Trillion (vs
SCMA – Digital Segment as a Growth Driver
SCMA managed to record a net profit of IDR 911 Bn in 9M20 (-8.1% yoy, +12.2% qoq), supported by recovery in ads spending
MIKA – Inpatient Segment Supports Recovery
MIKA booked net income of IDR 570 Bn in 9M20 or a slight decline of –2.9% yoy. However, performance improved greatly on
Indonesia Market Insight | Outlook for Post-US Election
The 2020 United States Election was so tightly contested that it took days before a clear winner can be projected.
ASII – Recovery in Auto Sales, Agribusiness Leads Growth
Significant Improvement in 3Q20 Results. ASII booked net revenue of IDR 40,554 Bn in Q3/2020 (up 13.3% QoQ) which
Omnibus Law in the Midst of Recession
The Omnibus Law, on Job Creation was passed in early October. This law will attempt to streamline and simplify many
Import Remains Weak, Dimmer Outlook Ahead
In August 2020, Indonesia had a trade balance surplus of USD 2.33 Bn, or the fourth consecutive months with a net
Government Spending to Support Recovery
As of August 2020, Indonesia foreign reserves reached a new all-time high figure of USD 137 Billion. The amount is
