In a series of bold steps to improve the infrastructure sector in the past few years, Indonesia has introduced regulatory reforms, expanded the space for private sector participation, extended investment risk guarantees, raised tariffs, passed the Land Acquisition Act and simplified registration processes. However, bureaucratic red tape, lack of...
The mobile market in Indonesia is largely dependent on increased use of the right kind of handsets. Operators may be able to supply the bandwidth, but if users do not have devices to take advantage of it the demand will not be there. The country also needs to nurture a stronger data culture if growth is to be achieved. For the operators, without...
In some ways, little has changed in Indonesian telecoms over the past year. The country still has eight operators and average revenue per user (ARPU) is still among the lowest in the world because the market is so crowded. In other ways, everything has changed. Mergers are in the works and the market is poised for consolidation. Once the number...
A result of decades of underinvestment, creaky infrastructure has long been the Achilles’ heel of the Indonesian economy. The archipelago has not been able to build the hard infrastructure essential for sustaining growth. The World Economic Forum’s “Global Competitiveness Report 2013-14” ranked Indonesia 61st out of 148 countries for the state...
THE COMPANY: Total Bangun Persada (TOTL), one of two listed construction companies not owned by the state, focuses on high-rise buildings for residential, office and commercial projects. Established in 1970, the company was listed on the IDX in July 2006, before being included in the MSCI Indonesia...
THE COMPANY: Indonesia’s largest integrated textiles manufacturer, Sri Rejeki Isman (SRIL), popularly known as “Sritex”, is currently enjoying the benefit of demand displacement from China as companies relocate to South-east Asia due to cheaper labour costs. The upstream segment of spinning and...
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