TODAY’S NEWS
POLITICS
§ Tax amnesty: 120 ‘big fish’ to submit filings in September
ECONOMICS
§ Tax amnesty update: On track
§ MoF: 5.1% 2016 GDP growth; Lowering 2017 GDP growth estimate to 5.2%
FIXED INCOME
§ Bond issuance of IDR65.1tn as of August
BOURSE
§ 12 state-owned subsidiaries plan IPOs in 2017
§ APEI sets minimum brokerage fees
INDUSTRY
§ Banks: 7M16 loan growth at 7.7% y-y
§ Telecommunication: Ministry postpones lowering interconnection fees
§ Automotive: Discounts on sales tax for low-emission cars
§ Infrastructure: Pejagan-Semarang toll road to reach 44.6% land acquisition
§ Metals: Luhut proposes mineral-export relaxation
§ CPO: CPOPC to operate in January 2017
§ Energy: Indonesia Power working on the Java 5 power plant
§ Oil and Gas: Luhut invites Petronas to work on the East Natuna block
CORPORATE
§ TOWR 2Q16 results: Above our expectations
§ BMRI collected tax-amnesty funds of IDR818bn
§ CIMBG to transfer 1.4bn shares ; INPC to right issue
§ HMSP launches clove version of Marlboro called “Filter Black”
§ APLN: Former President Director gets three years in prison
§ PPRO to develop apartments in Semarang
§ DKFT focuses on the nickel business
§ Tax amnesty: 120 ‘big fish’ to submit filings in September
ECONOMICS
§ Tax amnesty update: On track
§ MoF: 5.1% 2016 GDP growth; Lowering 2017 GDP growth estimate to 5.2%
FIXED INCOME
§ Bond issuance of IDR65.1tn as of August
BOURSE
§ 12 state-owned subsidiaries plan IPOs in 2017
§ APEI sets minimum brokerage fees
INDUSTRY
§ Banks: 7M16 loan growth at 7.7% y-y
§ Telecommunication: Ministry postpones lowering interconnection fees
§ Automotive: Discounts on sales tax for low-emission cars
§ Infrastructure: Pejagan-Semarang toll road to reach 44.6% land acquisition
§ Metals: Luhut proposes mineral-export relaxation
§ CPO: CPOPC to operate in January 2017
§ Energy: Indonesia Power working on the Java 5 power plant
§ Oil and Gas: Luhut invites Petronas to work on the East Natuna block
CORPORATE
§ TOWR 2Q16 results: Above our expectations
§ BMRI collected tax-amnesty funds of IDR818bn
§ CIMBG to transfer 1.4bn shares ; INPC to right issue
§ HMSP launches clove version of Marlboro called “Filter Black”
§ APLN: Former President Director gets three years in prison
§ PPRO to develop apartments in Semarang
§ DKFT focuses on the nickel business
Source : Daiwa - Bahana