• Bank Rakyat Indonesia (BRI) Targets Double-Digit Growth in 2018

    Indonesian financial institution Bank Rakyat Indonesia (BRI) targets to see double-digit profit growth in 2018 supported by rising credit growth. Suprajarto, President Director of BRI, said rising revenue and the implementation of efficiency measures will boost the bank's performance in 2018. Moreover, Indonesia's banking sector is currently "hot", reflected by surging shares of the big listed Indonesian banks on the Indonesia Stock Exchange.

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  • Motorcycle Sales in Indonesia: Down Slightly in 2017, Up in 2018?

    Although motorcycle sales in Indonesia fell slightly in 2017, an improvement was detected. Sales fell 0.76 percent year-on-year (y/y) to 5.88 million motorcycle units in 2017, improving from a 8.4 percent (y/y) decline in the preceding year. Meanwhile, the Indonesian Motorcycle Industry Association (AISI) predicts a rebound as it expects growth up to 3 percent (y/y), or around 6 million motorcycles, in 2018.

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  • Investment in Indonesia: Investors Not Attracted by Tax Incentives

    Although the Indonesian government offered various attractive incentives to investors (tax holidays and tax allowances) in 2017 in an effort to encourage investment in pioneering industries (particularly the downstream oil & gas industry), there were no companies that took advantage of these incentives. How come investors were not interested in these incentives?

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  • Bank Kesejahteraan Ekonomi Delays IPO as New Investor Arrived

    Indonesian financial institution Bank Kesejahteraan Ekonomi delayed its initial public offering (IPO) on the Indonesia Stock Exchange because it welcomed a new investor. Earlier Bank Kesejahteraan Ekonomi planned to conduct its IPO at the start of 2018. It still targets to become a publicly listed company this year but in the second half of 2018, the earliest.

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