Indo Strategy: What If EM Contagion Unravels?
In times of fluid Rupiah situation like now, we take Rupiah as the leading indicator over stock market, not the other way around. Stabilizing...
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From Democratic Leader to Elite Deal-Maker: Widodo's Transformation Bodes Ill for Indonesian Reform
Twenty years ago, when President Soeharto resigned, the vast bulk of Indonesia's public clearly favored democratization and clean-governance...
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Bank Tabungan Negara: Powering Through Industry Slow-Down
Bank Tabungan Negara Persero (BBTN IJ) posted a superior loan growth (21% YoY in 2017, vs. the industry's 8% YoY), thanks to its dominance in...
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BRI Syariah IPO Review - Small and Sub-Par Metrics Points Towards a Large Discount to Peers
Bank BRISyariah PT (1017936Z IJ) is raising about US$100m in its upcoming IPO and proceeds will be mostly used to support financing activities,...
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The Week that Was in ASEAN@Smartkarma - Trade Wars, Unicorns, and Heavy Equipment
This week's offering across ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive and actionable insights from across...
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