Holcim Indonesia, Indonesia's third-largest cement producer, reported net profit of IDR 1.35 trillion (US $140.0 million) in 2012, a 27.0 percent increase compared to the previous year. Earnings per share increased to IDR 176. At the coming shareholders meeting (2 April 2013), the Board of Directors will propose a final dividend of IDR 48 per share. This brings total dividend in 2012 to IDR 80, as an interim dividend of IDR 32 per share was paid in September.

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The Indonesian government has set new rules to limit the amount of outlets that a franchise holder can own in Indonesia to 250 in total. The government implements this rule to protect the country's small and medium enterprises. This new policy has far-reaching consequences for large fast-food companies such as Pizza Hut, KFC and Dunkin’ Brands Group Inc. They will have five years to adjust their businesses to the new policy.

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Although it has been in the air for a while, the Corruption Eradication Commission (KPK) finally named Anas Urbaningrum, chairman of president Susilo Bambang Yudhoyono's Democratic Party (PD), a suspect in the Hambalang corruption case. This case, in which Anas is charged with accepting a bribe to ensure a contract, is the last in a series of blows to the Democratic Party, which has seen its popularity erode drastically in recent months.

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The Bakrie Group is most likely to continue its separation from Bumi Plc, the London-listed coal miner, after an extraordinary shareholders' meeting yesterday rejected the proposal of British financier Nathaniel Rothschild to replace 12 of the 14 board members. This outcome means that the Bakrie Group can go ahead with its intention to separate from Bumi Plc as agreed by the board last week and will keep its assets in Bumi Resources, Indonesia's largest coal miner.

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