Market Headlines
Mayora distribute IDR268.3bn dividend (Investor Daily)
PT Mayora Indah Tbk (MYOR) will distribute cash dividend amount of IDR268.3bn, or equivalently IDR300/share which will be paid on July 29, 2016.In addition, MYOR will also do stock split with 1:25 (old : new).
Indopoly add production machine (Investor Daily)
PT Indopoly Swakarsa Tbk (IPOL) plans to add two metalizing machine in their factory which located in Purwakarta and Suzhou (China). This new machine is expected to add value of IPOL products.
Alfamart launch first virtual store in Indonesia (Investor Daily)
PT Sumber Alfaria Trijaya Tbk (AMRT) launch Alfamind (virtual store). The company expects that will grab 50,000 virtual stores in Indonesia.
99% deregulation completed (Media Indonesia)
Coordinating Minister for Economic Affairs, Darmin Nasution stated that only 2 remaining from 203 economic package policy unresolved and still to be discussed by ministries / agencies.
As of May, Astra-Daihatsu sales increased 3% (Media Indonesia)
Although the automotive market is stagnant since last year, Astra-Daihatsu sales grew 3% by the end of May 2016.
Tax amnesty can boost Indonesia economy up to 5.3% (Kontan)
The bank of Indonesia will ensure the implementation of tax amnesty will be able to boost economic growth this year.
SMBR- a king in his own house (Kontan)
Performance of PT Semen Batu Raja (SMBR) has begun to improve. SMBR enjoys a lot of transportation projects as well as Asian Games 2018 sports facilities, LRT Palembang and also Trans Sumatra.
Post-booking a net loss, BIKA will chase the growth of sales (Kontan)
Binakarya Jaya Abadi hopes to draw up business plans better in the 2nd half of 2016 until the end of this year.
Blackberry and EMTK forge partnership to accelerate and advance BBM’ consumer business globally (Kontan)
BlackBerry Limited (NASDAQ: BBRY), a global leader in secure mobile communications, announced a strategic alliance with PT Elang Mahkota Teknologi Tbk. (IDX: EMTK) that will provide cross-platform BBM users with access to enriched content and services. This landmark partnership accelerates BlackBerry’s vision to
advance BBM for the consumer market through a licensing agreement with Emtek Group that enables the company to develop new BBM applications and services for Android, iOS and Windows Phones.
New projects: PWON aimes of IDR900bn (Bisnis Indonesia)
PWON aimes IDR900bn marketing sales from new project .
DAYA aimes for 20% YoY growth this year (Bisnis Indonesia)
DAYA aimes for 20% YoY revenue growth this year.
(Jakarta Post)
Indonesia braces for fresh funds as amnesty launched
Revised state budget passed without objections
Pertagas, PGN to merge pipeline networks
Pertamina eager to buy oil from Iran
Hutama eyes USD858mn loans from AIIB for toll road
Pakuwon City set to launch two office towers this year
(Jakarta Globe)
VP launches new taskforce to oversee policy packages
House passes 2016 state budget revision
House of Representatives passes tax amnesty law
Dealers demand USD75mn in compensation from Ford for leaving Indonesia
KPK probes money laundering by councilor in Jakarta reclamation graft case
Gerindra to announce candidate for Jakarta’s governor after Idul Fitri
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