Indonesia

Indonesia Banks Boom

Indonesia’s largest retail bank, PT bank Central Asia or BCA, recorded a net profit rise of 14.3% to 2.3-T Rupiah (some US$250.26-M) in Q-1 Y-Y, supported by increasing loan, President Director of the BCA Jahja Setiadmadja said Thursday. The director said that the corporate credit grew by 43.4% to 74.8-T Rupiah in the Quarter, consumer [...]

Bumitama Agri Ltd. a Must Own

Bumitama Agri Ltd has been upgraded to a Must Own at Heffernan Capital Management and Economist Shayne Heffernan has place a $2SGD price target on the stock for 2012 and as high as $10SGD for 2016. Bumitama Agri Ltd Group has one of the youngest Palm Oil Plantations in Asia and revenue will grow year [...]

Asean Market Preview, Singapore, Thailand, Indonesia, Philippines, Malaysia

ASEAN Markets will not sell off to the same extent as their western counter parts, in fact ASEAN may see the start of a small rally. Regardless, all eyes are on APPL earnings and The Fed, any shift will be limited today until these reports are out. Economic concern grew as euro-area manufacturing fell and [...]

Asian Currency Outlook Kyat, RMB, Ringgit, Baht, Peso, Singapore Dollar

Currencies in Asia fell last week but should regain ground this week and will see a strong rally should the USA undermine the USD with a QE3 announcement. The rupiah, which has traded in the area of 9,100 against the dollar in recent weeks, is expected to strengthen to the 9,000 level in the coming [...]

ASEAN Market Preview, Singapore, Thailand, Indonesia, Malaysia, Philippines

History shows that it is time for the S&P 500 to pull a repeat of 2010 and 2011, sell in May and go away as the saying goes, when a traditional mid-year pullback followed an April peak, and that smart investors are selling U.S. stocks after highs reached earlier in the month. As Warren Buffett [...]

Economy of Java, Indonesia

Java, a driver for national industry and services Java is home to Indonesia’s capital and 135-M people, it has better economic and social conditions in comparison with the other Corridors. Under the theme ‘Driver for national industry and services,’ Java’s potential in its move from a manufacturing-based economy to a service-based one, accompanied by special [...]

Asian Property Report: Singapore, Thailand, Myanmar

Myanmar Real Estate Outlook ASEAN — the regional group to which Myanmar belongs — wants to be supportive and so does Singapore. This goes beyond the politics of having Myanmar assume the group’s chairmanship in 2014. ASEAN’s plan for a more integrated economic community in 2015 can also gain. Around 70% of Singaporean companies invested [...]

ASEAN Market Preview, Singapore, Jakarta, Kuala Lumpur, Bangkok, Manila

Another soft open for Asia today, however we have some chance of an afternoon rally if there is a loosening of China Government Monetary Policy. Overnight in the USA Industrial, technology and consumer-discretionary stocks led losses in the 10 main S&P 500 industry groups, while telephone companies posted the biggest gains. DuPont Co. lost 2.4 [...]

ASEAN Markets Preview, Singapore, Indonesia, Thailand, Philippines, Malaysia

ASEAN Markets will open lower today after falls on Wall St overnight. Again Europe is the problem Following on from the disastrous Greece Default, the ECB, IMF and World Bank are ready for the Sequel, Spain. As the IMF demands Austerity, growth in Europe is scarce, budget cuts have already put Europe in a recession [...]

A Closer Look at Bali

Bali, gateway for tourism industry and food The Bali-Nusa Tenggara Economic Corridor is home to Indonesia’s most famous and popular province. Tourism is the obvious strength, yet agriculture is closely linked in the corridor’s strategy to maintain a Green, all-organic economy. Combined, Bali and Nusa Tenggara have 15% of Indonesia’s national hotel capacity, and account [...]

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …