Research

News

29 January 2021

JCI Downtrends as Covid-19 Cases Surpass 1 Million

As the number of Covid-19 cases in Indonesia surpasses the 1 million mark, JCI starts to take a U...

27 January 2021

Technology Sector Index Ramps Up in Early 2021

The technology sector has booked a significant rise of 65.31% since the beginning of the year.

22 January 2021

SWF Establishment Becomes A Positive Sentiment ...

PT Jasa Marga Tbk (JSMR) plans to prepare Subsidiary divestment to the Sovereign Wealth Fund.

21 January 2021

Impact of Biden’s Policy on Metal Companies

The US Government under Joe Biden plans to develop Sustainable or Green energy, the opposite of t...

17 November 2020

Impact and Recommendation from MSCI Rebalancing

Indonesia MSCI Index will undergo rebalancing for November 2020, where there will be several chan...

22 October 2020

Innovation Boosts Sido Muncul Performance amid ...

Latest herbal supplement, healthy drink, and vitamin products boost Sido Muncul income

Company Report

12 April 2021

ICBP – Pinehill Acquisition Leads to Stro...

While we predict rising raw material price and weakening IDR will still continue this year, stron...

5 April 2021

PTPP – FY20 Performance Below Estimates

PTPP had a declining performance in FY20. Revenue and profit fell 36% YoY and 86% YoY. Meanwhile,...

1 April 2021

PURA – Addressing the High Costs of Logis...

PURA posted a solid financial performance throughout 2020, marked by an increase in revenue (+8.5...

22 March 2021

PTBA – FY2020 Result Below Expectations

In 2020, PTBA managed to record a top line of IDR17.3 trillion or down by 20.5% YoY and 2.7% belo...

15 March 2021

BMRI – Focus on NIM Recovery and Asset Qu...

Throughout 2020, BMRI booked a -37.7% YoY net profit decline; to IDR 17.1 Tn (vs IDR 27.5 Tn in F...

15 March 2021

UNTR – Lower Sales Volume in 2020

UNTR’s top line fell by 28.5% throughout 2020 to over IDR60.3 trillion, resulting in bottom line ...

Special Report

9 April 2021

Macroeconomic Report | Indonesia Manufacturing ...

IHS Markit recorded Indonesia Manufacturing PMI in March at 53.2. This number is significantly hi...

11 December 2020

Indonesia 2021 Market Outlook

Under the 2021 Macroeconomic assumptions, the government is targeting an economic growth of 4.5% ...

11 November 2020

Indonesia Market Insight | Outlook for Post-US ...

Indonesia officially entered into a recession zone after posting negative economic growth for 2 c...

15 October 2020

Sukuk Auction Results | Deflation Holds Interes...

Bank Indonesia (BI) has set the BI Seven Days Reverse Repo Rate (BI 7-DRRR) at 4% for the October...

8 October 2020

Omnibus Law in the Midst of Recession

The JCI fell sharply by -7.03% in September, ending a long market rally which started at the end ...

1 October 2020

Green Shoe Option Ends 3Q20 Sharia Bond Auction

Due to low interest in PBS003, the government only sold IDR6.4 trillion Government Sharia Bond (s...

Regular Report

14 April 2021 NEW!