The Business Columns section of Indonesia Investments provides in-depth columns that exhibit an analysis regarding subjects that are both important for understanding the Indonesian business climate and have high news value in the current state of Indonesia's economy. As a whole these columns should provide the reader a thorough and detailed picture of multiple Indonesian business sectors and be a source of ideas or inspiration to invest - or not to invest - in specific sectors of the Indonesian economy.
Amid changing shopping habits of the Indonesian consumer, department store Ramayana Lestari Sentosa continues to transform its business and to adjust it to the modern retail reality. In August 2017 Ramayana Lestari Sentosa announced to close eight stores (in Surabaya, Banjarmasin, Bulukumba, Bogor, Pontianak and Sabang), hence triggering concerns that the company is in financial trouble.
Indonesian heavy equipment distributor Intraco Penta is optimistic that its corporate earnings will improve in 2018 and 2019 on the back of rising coal prices and the so-called "replacement cycle". Ferdinand Dion, Investor Relations Strategist at Intraco Penta, said every five years mining companies tend to replace those heavy equipment units that have been consistently used for the past five years.
Shares of Perusahaan Gas Negara, the largest natural gas transportation and distribution company in Indonesia, are showing spectacular growth in 2018. On Tuesday (23/01) the company's shares surged 8.91 percent to IDR 2,690 a piece. So far this year, its shares have grown a whopping 53.71 percent. What is the story behind this spectacular performance?
Indonesian ice cream producer Campina Ice Cream Industry targets to see a 10 percent year-on-year (y/y) increase in sales in 2018 supported by business expansion in the form of new products and rising ice cream consumption amid several big events that are staged in 2018. This year the company plans to launch up to six new ice cream products in an effort to lure consumers.
The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.
