• IPO News: Emdeki Utama Listed on the Indonesia Stock Exchange

    Emdeki Utama, a leading Indonesian calcium carbide manufacturer, was added to the Indonesia Stock Exchange on Monday (25/09). The company became the 22nd company to conduct an initial public offering (IPO) in Indonesia so far in 2017. There are now 556 companies listed on the local exchange.

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  • Traditional Retail Sector Indonesia Needs to Adapt to Digital Reality

    Traditional retail companies in Indonesia need to change their business-as-usual mindset to overcome fierce competition from online shops or e-commerce. In line with rising Internet and smartphone penetration as well as improving infrastructure, more and more goods and services can now be purchased online - often at more competitive rates -, implying the role of Indonesia's "old fashioned" traditional retail companies is on the decline.

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  • Volcanoes in Indonesia: Rising Activity at Bali's Mount Agung

    Rising activity at the Mount Agung volcano on the eastern part of Bali has made local authorities decide to impose a 12-kilometer exclusion zone around the mountain's crater. Reportedly, nearly 35,000 people have been evacuated from this zone. Mount Agung has shown unusual activity for the past two weeks, triggered by a series of small earthquakes below the volcano.

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  • Stock Exchange: Tugu Pratama Indonesia to IPO in H1-2018

    Tugu Pratama Indonesia, an Indonesia-based general insurance company, announced it will not conduct its initial public offering (IPO) on the Indonesia Stock Exchange in 2017 as initially targeted. Instead, it now targets to become a publicly listed company in the first half of 2018. Corporate Secretary Syaiful Azhar said there were several internal and external obstacles that blocked the IPO.

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