Below is a list with tagged columns and company profiles.

Today's Headlines BMRI

  • Fitch Ratings: Indonesia's Major Banks Able to Withstand Higher NPLs

    Fitch Ratings: Indonesia's Major Banks Able to Withstand Higher NPLs

    Despite Indonesia's macroeconomic conditions and liquidity experiencing a correction, Fitch Ratings believes that Indonesia's major banks are able to withstand a reasonably high degree of asset-quality stress, mainly due to the banks' strong standalone loss absorption cushions and likely support from highly rated foreign parent companies. Because of the banks' sound earnings buffers, they are expected to cope with the higher non-performing loans (NPLs) which are expected to emerge in the next one or two years ahead.

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  • Bank Mandiri: Company Profile of Indonesia's Largest Bank by Assets

    An updated profile of Bank Mandiri is presented in our Indonesian Companies' section. Bank Mandiri, which is Indonesia’s largest financial institution by assets, offers businesses and individuals throughout Indonesia a full set of banking and non-banking products and services. The bank was established as a result of the Asian Financial Crisis when four state-owned banks (Bank Exim, Bank Bumi Daya, Bank Dagang Negara and Bapindo) were merged into Bank Mandiri as part of the government's bank restructuring program.

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  • Indonesia Turns into Bullish Market as Quantitative Easing Continues

    The Federal Reserve's decision not to change its quantitative easing program seems to have led to a bullish market in Asia. Indonesia's benchmark stock index (IHSG) rose 4.37 percent to 4,658.2 points after the first session on Thursday's trading day (19/09). All sectoral indices were up, with the property sector in leading position. Big cap stocks, in particular, performed well. Investors are relieved that the Fed did not alter its stimulus program. Thus, funds are expected to continue flowing to emerging markets, including Indonesia.

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  • Largest Indonesian Companies in Terms of Market Capitalization

    Largest Indonesian Companies in Terms of Market Capitalization

    In recent years, Astra International, one of Indonesia's largest diversified conglomerates, dominated the Indonesia Stock Exchange (IDX) in terms of market capitalization. However, it increasingly felt the competition of HM Sampoerna, Indonesia's largest tobacco company. Over the last five years, HM Sampoerna's market capitalization grew by a staggering 746.2 percent. It is also interesting to note that a  handful of Indonesian companies account for over one-third of market capitalization of Indonesia's stock exchange.

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  • 13 Indonesian Companies Payout USD $2.30 Billion for Final Dividends 2012

    In the period April-June 2013, at least 13 Indonesian companies are planning to pay the final dividends for book year 2012. It is expected that this number will rise in the weeks ahead as there are still companies that need to hold the annual general meeting (AGM), in which dividend payouts are decided. Last year, more than one hundred listed companies on the Indonesia Stock Exchange paid out dividends (of a total number of 462 listed companies at end 2012).

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  • Bank Mandiri and Holcim Indonesia Increase Dividend Payouts

    In the General Meeting of Shareholders it was decided that Bank Mandiri, Indonesia’s largest financial institution by assets, will pay dividend of IDR 199.33 per share to its shareholders. Total dividend that will be paid amounts to IDR 4.65 trillion (US $479.4 million), which equals about 33 percent of the bank's net profit in 2012. Bank Mandiri, which is 60 percent owned by the Indonesian government, reported a 26.6 percent increase in net profit last year.

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Latest Columns BMRI

  • Telkom Satellite Error Causes Problems at Indonesian ATMs

    Telkom Satellite Error Causes Problems at Indonesian ATMs

    Since Friday (25/08) many Indonesians are having trouble to use ATMs (for withdrawing money and conducting various payments). Last week the Telkom-1 satellite started to suffer technical difficulties as a shift on the satellite's pointing antenna disrupted transponders. Considering most of Indonesia's major banks use this satellite, owned by Telekomunikasi Indonesia, for their telecommunication network, thousands of ATMs - hence millions of Indonesians - are affected.

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  • Listed Companies Indonesia: Bank Mandiri to Conduct Stock Split

    Listed Companies Indonesia: Bank Mandiri to Conduct Stock Split

    Bank Mandiri, one of Indonesia's leading financial institutions, plans to conduct a stock split in order to enhance investor interest by making its stocks more affordable and liquid for retail investors. However, the state-controlled lender is still studying whether to opt for a 2-for-1 stock split or a 3-for-1 split. Bank Mandiri is one of Indonesia's blue chip stocks that ranks among the biggest 10 companies in terms of market capitalization on the Indonesia Stock Exchange.

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  • Economic Update Indonesia: Stocks, Rupiah, Infrastructure & Economy

    Economic Update Indonesia: Stocks, Rupiah, Infrastructure & Economy

    Ahead of the release of Indonesia’s official first quarter GDP growth figure (scheduled to be released in the first week of May), Indonesian stocks fell and the rupiah depreciated (slightly) against the US dollar on the back of weak market sentiments that have plagued Indonesian markets over the past week. Most importantly, weaker-than-expected Q1-2015 corporate earnings reports of listed Indonesian blue chips have made market participants concerned that Indonesia’s economic slowdown has continued into the first quarter of 2015.

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  • What are the Best Performing Indonesian Stocks so Far in 2014?

    What are the Best Performing Indonesian Stocks so Far in 2014?

    Regarding stock trading on the Indonesia Stock Exchange, investors who focused on property, banking and infrastructure stocks have made the highest profit so far in 2014. Although all sectoral indices that are contained within the benchmark stock index of Indonesia, known as the Jakarta Composite Index (abbreviated IHSG) have shown a good performance, the three aforementioned sectoral indices stand out as the country's top performers. Indonesia's IHSG has risen 16.14 percent between 1 January and 26 May 2014.

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  • Consultancy for the Jakarta-Surabaya Toll Road Project Tendered in Early 2014

    Consultancy for the Jakarta-Surabaya Toll Road Project Tendered in Early 2014

    The position of consultant, tasked to conduct a feasibility study for the Jakarta-Surabaya toll road, will be tendered in early 2014. The realization of the Jakarta-Surabaya toll road, a 775 kilometer-long toll road that is built above the sea (along the coast line between Jakarta and Surabaya), is an ambition of the Indonesian government and expected to ease the difficulty of transportation on Java, Indonesia's most populous island. The feasibility study should explore the technical and environmental framework related to the establishment of the toll road.

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  • Indonesia infrastructure Update: Plans for Toll Road from Jakarta to Surabaya

    Indonesia infrastructure Update: Plans for Toll Road from Jakarta to Surabaya

    In order to improve Indonesia's intra-island connectivity on Java (and thus reduce logistics costs that are due to fragile infrastructure), the government is planning to build a toll road above the sea from the capital city of Jakarta in the western part of Java to Surabaya in East Java. Both these cities are Indonesia's centers of industrial productivity and economic growth. The 775 kilometer-long toll road, which is expected to cost about IDR 150 trillion (USD $13.3 billion), will be build by a consortium of 19 Indonesian state-owned enterprises.

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  • Indonesia's Stock Index Slightly Up, but US Debt Ceiling Issue Looms

    Indonesia's benchmark stock index (IHSG) was up 0.40 percent to 4,423.72 on Friday (27/09). The gain was mainly carried by demand for a number of Indonesian blue chip stocks. Astra International rose 1.16 percent after Deutsche Securities Indonesia, Credit Suisse Securities Indonesia and Citigroup Securities Indonesia increased their stakes in one of Indonesia's largest diversified conglomerates. Other blue chips that performed well were Perusahaan Gas Negara, Bank Mandiri, Telekomunikasi Indonesia and Indofood Sukses Makmur.

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  • Top Ten Largest Companies in Indonesia by Market Capitalization

    Top Ten Largest Companies in Indonesia by Market Capitalization

    Indonesia's largest company by market capitalization is still HM Sampoerna, the country's largest tobacco company. The company has been the top company in Indonesia since March 2013 when it replaced Astra International, Indonesia's largest diversified conglomerate, on the top spot. Astra had been Indonesia's largest company since 2010. Currently, the third-largest company in terms of market capitalization is Unilever Indonesia. Unilever, which is Indonesia’s largest consumer goods producer, jumped four places in the ranking since late 2012.

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  • Indonesia's Main Stock Index (IHSG) up 2.80% after Ben Bernanke's Speech

    Indonesia's main stock index (IHSG) was able to continue its rise on Thursday (11/07) despite mixed markets in the United States and Europe, that were waiting for the release of the Federal Reserve minutes, on the previous day. The minutes and Ben Bernanke's speech indicate that the bond-buying program will be continued for a while and this made investors decide to buy Indonesian assets, particularly large cap stocks such as Unilever Indonesia, Bank Mandiri and Indocement Tunggal Prakarsa.

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  • Indonesia's Stock Exchange Rebounds on Tuesday; Blue Chips Surge

    Although the stock markets of the USA and England were closed on Monday (27/05), strong European and Asian indices indicated that market participants were back in business. This also applied to the main stock index of Indonesia (IHSG), which regained the points it had lost on Monday. A number of blue-chips were chased by investors: Astra International, Unilever Indonesia, Lippo Cikarang and Semen Indonesia. Foreigners were particularly interested in stocks of Bank Mandiri, Bank Pembangunan Daerah Jawa, and Waskita Karya.

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