MEDC recorded 1Q25 earnings of USD18mn (-81% q-q, -76% y-y)...

OIL AND GAS CHEMICALS ASIA MEDC MEDC JK MEDC IJ Michael Wildon Edward Prima

As highlighted in our 23 March note (Repositioning, revamping, and reallocating)...

GENERAL CONSUMER Kalbe Farma KLBF KLBF JK KLBF IJ Sandy Ham Jody Wijaya Samuel Christian

Charts below provide the latest updates on SRBI...

BANKS Indonesia Banks Erwin Wijaya

BRIS has released its YTD Apr-25, results with headline...

BANKS BRIS BRIS JK BRIS IJ Erwin Wijaya

Indonesia’s tower companies: TOWR IJ, TBIG IJ and MTEL IJ (all rated Buy) have...

TELECOMS Erwin Wijaya

BBRI has released its bank-only Apr-25 results...

BANKS BBRI BBRI JK BBRI IJ Erwin Wijaya

We believe that the recovery in the Indonesia equity market may still...

EQUITY STRATEGY Jupriadi Tan Gerald Hugo Felix Justin David Tjahjadi

BMRI released its bank-only Apr-25 results...

BANKS BMRI BMRI JK BMRI IJ Erwin Wijaya

BBNI released its bank-only Apr-25 results...

BANKS BBNI BBNI JK BBNI IJ Erwin Wijaya

As previously noted in our reports Asymmetrical Upside Risks and...

BANKS Erwin Wijaya

The government will launch six new major stimulus packages to boost consumption by this June...

CONSUMER RELATED Sandy Ham Jody Wijaya Samuel Christian

Indonesia recorded a slight current account deficit of USD0.2bn (0.05% of GDP) in 1Q25...

EQUITY STRATEGY Jupriadi Tan Gerald Hugo

Our proprietary Verdhana Macro-Micro Index indicated a notable acceleration in consumer transactions in 1Q25..

EQUITY STRATEGY Jupriadi Tan Gerald Hugo

ARTO released its 1Q25 results, which were pretty solid, in our opinion...

BANKS ARTO ARTO JK ARTO IJ Erwin Wijaya

Bank Indonesia (BI) has cut its benchmark rate by 25bp to 5.50%,...

BANKS Erwin Wijaya