The ceramic industry is currently benefiting from three significant tailwinds, in our view.
Construction Materials ARNA ARNA JK ARNA IJ Michael Wildon Edward Prima Gerald Hugo
BRIS continued to deliver solid 3Q24 bottom line performance with the numbers coming in largely in-line with o
We have become more positive on the Indonesia tower sector’s long-term outlook.
Crude palm oil (CPO) prices have recently broken above USD1,000/ton this year,
AKRA delivered weak 9M24 result as expected, due to the weak trading business as
BBNI released its 9M24 results with headline profit at IDR16.3tn (+3.3% y-y),
Despite the anticipated rate cut cycle, we believe Indonesia banks have limited room to lower their cost of fu
We took a closer look at BMRI’s provisioning expenses (12MMA CoC) which has stabilised at ~70-80bp in 1H24.
We introduce the Nusantara Series, an in-depth market research that leverages our surveys and channel checks a
According to recent news (LINK 1), the government is looking to provide debt forgiveness for written-off loans
BBCA released its 9M24 results with headline profit at IDR41.1tn (+13% y-y) accounting for ~78% of our FY24F p
Despite recent Bank Indonesia’s (BI) benchmark rate cut, funding costs may continue to inch higher
Largely in line with our view (see Indonesia Nickel: Nickel ore drives downstream prices, 16 August 2024),
Indonesia's 9M24 4W sales reached IDR232tn (-12% y-y), with 633k units sold (-16% y-y) at an ASP of IDR368mn (
We recently visited WINS' newly acquired Platform Supply Vessel (PSV), the WM Mentawai, in Batam, Indonesia.
Transportation and Logistic WINS JK WINS IJ Jupriadi Tan Gerald Hugo
