We believe Indonesia’s logistics market is a potentially lucrative segment that is still underpenetrated.

Transport Logistics FMCG Jupriadi Tan David Tjahjadi Gerald Hugo

GJAW 2024, as the third automotive expo this year, underscored the changing dynamics of Indonesia’s automotive

Autos Auto Parts Jupriadi Tan Gerald Hugo

In line with insights from our Anchor Report on purchasing power,

Equity Strategy Jupriadi Tan Gerald Hugo

The wholesales of 4W market in 10M24 remained weak, with sales volume down 15% yoy to 710k units.

Autos Autos Parts Jupriadi Tan Gerald Hugo

We hosted Verdhana Indonesia Conference 2024 – Passing the Baton on 4-8 November 2024.

Equity Strategy Jupriadi Tan Gerald Hugo Nicholas Santoso Erwin Wijaya Sandy Ham Jody Wijaya Samuel Christian Michael Wildon Edward Prima Felix Justin

The plan to revise the minimum wage formula (news) presents an opportunity to enhance purchasing power, which

Equity Strategy Jupriadi Tan Gerald Hugo

We hosted several property companies for discussions around recent results and the outlook for property compan

Property Gerald Hugo Felix Justin Jupriadi Tan

We compile Indonesia equities’ 9M24 results and provide a bottom-up assessment of which ones were above/in-lin

Equity Strategy Gerald Hugo Jupriadi Tan

Indonesia market view: While the current knee-jerk weakness has been expected, we recommend investors to not j

Equity Strategy Gerald Hugo Jupriadi Tan

One of the key projects from Indonesia’s new government is the Nutritious Meal Program (NMP)

Equity Strategy Gerald Hugo Jupriadi Tan

Indonesia’s automotive and transport sector has reported relatively strong results for 9M24 despite weak 4W s

Autos Auto Parts Jupriadi Tan Gerald Hugo

ASII reported 3Q24 results, with revenue at IDR86tn (+10% y-y) and NPAT of IDR10tn (+21% y-y),

Autos Auto Parts ASII ASII JK ASII IJ Jupriadi Tan Gerald Hugo

AKRA delivered weak 9M24 result as expected, due to the weak trading business as

Power Utilities Jupriadi Tan Gerald Hugo

Despite the anticipated rate cut cycle, we believe Indonesia banks have limited room to lower their cost of fu

Equity Strategy Jupriadi Tan Erwin Wijaya

We introduce the Nusantara Series, an in-depth market research that leverages our surveys and channel checks a

Autos Auto Parts Jupriadi Tan Gerald Hugo