Indonesia

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Articles & Analysis | Waskita Karya: Construction from The Report: Indonesia 2013

THE COMPANY: Strong national construction growth and the establishment of a new management team in 2008 have been key factors in the success of Waskita Karya (WSKT), the sector’s largest player. In 2012 WSKT aggressively increased its new contracts (excluding job order contracts) to Rp40trn ($4bn), up 40...

What role can foreign direct investment (FDI) play in maintaining Indonesia’s growth momentum?

THE COMPANY: Established in 2008, Tiphone Mobile Indonesia (TELE) is the country’s largest nationwide prepaid and subscriber identity module card distributor for Telkomsel (TSEL), a subsidiary of Telekomunikasi Indonesia (TLKM) and XL Axiata (EXCL). Through 62 branches, 79 outlets and 48 owned shops, TELE...

What are your preferences regarding the type of investment you would like to attract, and to what extent can the country afford to become more selective in this process?

Central to the exchange’s ambition of doubling market capitalisation by 2015 will be the new supply of shares from initial public offerings (IPO) and secondary rights issues. Recovering from a trough at the start of 2012, the frequency of Indonesian issuances has led the region alongside the Philippines, with a steady stream of smaller issues...

Labour relations emerged in 2012 as one of the key downside risks facing Indonesia. Already constrained by one of the world’s most restrictive labour laws, new rules in 2012 hiking the minimum wages in important industrial production areas and curbing the use of outsourced staff to circumvent rules on full-time employees have prompted protests from...

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