• Indonesian Department Stores in Focus: Ramayana Lestari Sentosa

    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.

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  • Indonesian Heavy Equipment Distributors in Focus: Intraco Penta

    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.

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  • Indonesian Energy Companies in Focus: Perusahaan Gas Negara

    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?

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  • Indonesian Ice Cream Companies in Focus: Campina Ice Cream Industry

    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.

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