DOCSLIB.ORG

PT Lippo Karawaci Tbk 1Q19 Results Presentation May 2019 Disclaimer

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
PT Lippo Karawaci Tbk 1Q19 Results Presentation May 2019 Disclaimer PT Lippo Karawaci Tbk 1Q19 Results Presentation May 2019 Disclaimer This presentation is not for distribution in the United States. This presentation and the information contained herein is not an offer to sell securities in the United States or any other jurisdiction in which such offer or solicitation would be unlawful. Securities may not be offered or sold in the United States or to, or for the account or benefit of U.S. person (as such term in defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”)) absent registration pursuant to the Securities Act, or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the issuer and management, as well as financial statements. No money, securities or other consideration is being solicited by this presentation or the information contained herein and, if sent in response to this presentation or the information contained herein, will not be accepted. This presentation contains forward-looking statements. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import. By their nature, forward looking statements involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this release. Factors that could cause actual results to differ include, but are not limited to, economic, social and political conditions in Indonesia; the state of the property industry in Indonesia; prevailing market conditions; increases in regulatory burdens in Indonesia, including environmental regulations and compliance costs; fluctuations in foreign currency exchange rates; interest rate trends, cost of capital and capital availability; the anticipated demand and selling prices for LPKR’s developments and related capital expenditures and investments; the cost of construction; availability of real estate property; competition from other companies and venues; shifts in customer demands; changes in operation expenses, including employee wages, benefits and training, governmental and public policy changes; LPKR’s ability to be and remain competitive; LPKR’s financial condition, business strategy as well as the plans and objectives of LPKR’s management for future operations; generation of future receivables; and environmental compliance and remediation. Should one or more of these uncertainties or risks, among others, materialize, actual results may vary materially from those estimated, anticipated or projected. Specifically, but without limitation, capital costs could increase, projects could be delayed and anticipated improvements in production, capacity or performance might not be fully realized. Although LPKR believes that the expectations of its management as reflected by such forward-looking statements are reasonable based on information currently available to LPKR, no assurances can be given that such expectations will prove to have been correct. You should not unduly rely on such statements. In any event, these statements speak only as of the date hereof, and LPKR undertakes no obligation to update or revise any of them, whether as a result of new information, future events or otherwise. This presentation does not constitute as a public offering in Indonesia under Law Number 8 of 1995 regarding Capital Markets and its implementing regulations (the “Indonesian Capital Markets Law”). This presentation and the securities described herein will not be and may not be offered within the territory of the Republic of Indonesia or to Indonesian nationals, in a manner which constitutes a public offering under the Indonesian Capital Markets Law. 2 Contents Shareholder structure 04 Business Model 05 Recent Developments 06 1Q19 Financial Data 07 - 17 Subsidiaries 18 - 29 Turnaround Initiatives 30 - 40 Corporate Structure, Board & Management 41 - 44 Project Related Data 45 - 53 Meikarta 54 - 56 Appendix 57 - 67 Shareholder Structure As of March 31, 2019 As of December 31, 2018 Changes YoY Number of Number of Number of Number of No. Description % % % Investor Shares Investor Shares I. Domestic Insurance 17 774,621,800 3.4% 17 780,351,000 3.4% -0.7% Banks 6 625,378 0.0% 6 625,378 0.0% 0.0% Employees 33 526,776 0.0% 33 526,776 0.0% 0.0% Individual 10,016 1,585,257,158 6.9% 8,503 1,163,018,443 5.0% 36.3% Cooperative 3 2,360,000 0.0% 2 460,000 0.0% 413.0% Company 102 17,534,670,144 76.0% 100 17,943,046,650 77.8% -2.3% Mutual Fund 40 192,933,120 0.8% 31 270,081,330 1.2% -28.6% Foundation 2 175,000 0.0% 2 175,000 0.0% 0.0% Pension Fund 26 44,781,040 0.2% 22 16,514,340 0.1% 171.2% Sub Total 10,245 20,135,950,416 87.3% 8,716 20,174,798,917 87.4% -0.2% II. International Banks 7 385,092 0.0% 7 385,092 0.0% 0.0% Individual 51 32,519,474 0.1% 47 23,651,532 0.1% 37.5% Company 259 2,908,834,637 12.6% 256 2,878,854,078 12.5% 1.0% Sub Total 317 2,941,739,203 12.7% 310 2,902,890,702 12.6% 1.3% Total 10,562 23,077,689,619 100.0% 9,026 23,077,689,619 100.0% 0.0% 4 Generating shareholder value through a best-in-class real estate platform Best-in-class integrated real estate platform 1 2 3 Urban Housing Lifestyle Malls Healthcare Expand our Urban Homes product Maintain market leadership in Currently the leader in Indonesian to cater to the rising mass affluent lifestyle malls, capitalising on healthcare with network of 37 segment, capitalising on Indonesia’s strong consumption hospitals urbanisation trend and rapid themes increase in home ownership Focus on clinical quality and Our large and low cost landbank Proactive leasing strategies and patient care uniquely positions us to capitalise on improved execution to drive better this opportunity asset yields Returns and cash flow oriented approach to hospital expansion Leverage on our integrated ecosystem to create value-added Actively review portfolio to optimise mixed-use developments returns through efficient asset recycling strategies Highly attractive industry fueled by supportive Indonesia demographics Use technology and innovation to shorten time-to-market and improve cash flow cycle Disciplined capital management Strong execution and corporate governance 5 Recent developments Announced US$1.01 billion funding plan through a US$730 million Rights Issue and the US$280 million sale of Puri Mall and two Myanmar hospitals New leadership team put in place, led by new CEO John Riady and strong Board of Commissioners led by John Prasetio. Bond Tender Offer Completed and US$8.67 million of 2022 and 2026 bonds were tendered. Advanced subscription of US$280 million received before the end of 1Q19 Moody’s changes LPKR’s rating to Stable, while Fitch and S&P place LPKR on ratings watch Positive The sale of the Myanmar Hospitals stake was completed in April, generating US$ 19.5 million Annual Shareholders meeting was held on April 18, 2019 and shareholder’s approved the Right Issue and the new board members 6 1Q 2019 Financial Data Key Financial Highlights Q1 2019 Q1 2018 Change (%) Presales (Rp billion) 623 241 159% Revenue (Rp Billion) 2,806 2,504 12% Recurring Revenue (Rp billion) 2,155 1,896 14% EBITDA (Rp Billion) 469 470 0% EBITDA Margin 17% 19% -2% Net Income (Rp billion) 50 133 -62% Net Debt/Equity Ratio (X) 0.40 0.52 N.A. Interest Coverage Ratio (X) 1.60 1.76 N.A. Cash (Rp billion) 4,759 1,873 154% Inventory (Rp billion) 27,980 29,835 -6% 8 Pending Rights Issue will improve B/S & delever (Rp Bn Consolidated) ASSETS 1Q 2019 FY 2018 LIABILITIES & STOCKHOLDERS' EQUITY 1Q 2019 FY 2018 Current Assets Current Liabilities Cash & Cash Equivalent 4,759 1,818 Bank Loan 1,202 1,495 REIT Units 2,954 2,787 Other Debt - Non Bank 81 119 Accounts Receivable 2,481 2,401 Accounts Payable 1,516 1,373 Inventories 27,980 26,969 Accrued Exp. & Taxes Payable 1,997 1,676 Prepaid Taxes & Expenses 963 876 Customers' Deposits 1,218 2,290 Adv. & Others Current Assets 2,073 2,330 Deferred Gain on Sale and Leaseback 153 153 Total Current Assets 41,210 37,181 Deferred Income 356 353 Estimated Liabilities on Employees' Benefits 150 107 Other Current Financial Liabilities 588 638 Total Current Liabilities 7,261 8,204 Fixed Assets 6,007 5,830 NON-CURRENT LIABILITIES Bank Loan 349 388 Finance Lease 126 131 Bonds 12,429 12,738 Non Current Assets Other Non Current Liabilities 3,568 2,874 Land for Future Dev. 1,124 1,122 Total Non Current Liabilities 16,472 16,131 Intangible Assets 703 708 Other Non Current Assets 4,788 4,965 EQUITY Total Non Current Assets 6,615 6,795 Capital Stock - Issued & Fully Paid 2,308 2,308 Additional Paid In Capital 8,063 4,081 Other Additional Capital 3,756 3,236 Retained Earnings 9,177 9,127 Total Equity Attributable to Owner 23,304 18,752 of the Parent Non-Controlling Interest 6,795 6,719 Total Stockholders' Equity 30,099 25,471 TOTAL ASSETS 53,832 49,806 TOTAL LIABILITIES & STOCKHOLDERS EQUITY 53,832 49,806 9 Marketing sales on track with targets Marketing Sales FY 2019 1Q19 Realization Type Segment Target (Rp Bn) (Rp Bn) Marketing Sales 1Q 2019 Townships: 8 Lippo Village 145 96 30 53 Lippo Cikarang 925 387 48 96 - Residensial 477 34 - Komersial 43 3 - Industrial 105 41 - Delta Silicon 8 (JV) 300 309 Holland Village Manado - 8 388 Tanjung Bunga 190 47 San Diego Hills 200 30 Subtotal: 1,460 570 Condominiums: Jakarta Lippo Village Cikarang Kemang Village 50 4 Makassar Manado Karawang Millenium Village 75 Orange County 75 St.
Load more

Recommended publications
  • Only Yesterday in Jakarta: Property Boom and Consumptive Trends in the Late New Order Metropolitan City
    Southeast Asian Studies, Vol. 38, No.4, March 2001 Only Yesterday in Jakarta: Property Boom and Consumptive Trends in the Late New Order Metropolitan City ARAI Kenichiro* Abstract The development of the property industry in and around Jakarta during the last decade was really conspicuous. Various skyscrapers, shopping malls, luxurious housing estates, condominiums, hotels and golf courses have significantly changed both the outlook and the spatial order of the metropolitan area. Behind the development was the government's policy of deregulation, which encouraged the active involvement of the private sector in urban development. The change was accompanied by various consumptive trends such as the golf and cafe boom, shopping in gor­ geous shopping centers, and so on. The dominant values of ruling elites became extremely con­ sumptive, and this had a pervasive influence on general society. In line with this change, the emergence of a middle class attracted the attention of many observers. The salient feature of this new "middle class" was their consumptive lifestyle that parallels that of middle class as in developed countries. Thus it was the various new consumer goods and services mentioned above, and the new places of consumption that made their presence visible. After widespread land speculation and enormous oversupply of property products, the property boom turned to bust, leaving massive non-performing loans. Although the boom was not sustainable and it largely alienated urban lower strata, the boom and resulting bust represented one of the most dynamic aspect of the late New Order Indonesian society. I Introduction In 1998, Indonesia's "New Order" ended.
    [Show full text]
  • New Town Development in Indonesia Renegotiating, Shaping and Replacing Institutions
    Bijdragen tot de Taal-, Land- en Volkenkunde Vol. 167, no. 1 (2011), pp. 60-85 URL: http://www.kitlv-journals.nl/index.php/btlv URN:NBN:NL:UI:10-1-100913 Copyright: content is licensed under a Creative Commons Attribution 3.0 License ISSN: 0006-2294 MARLEEN DIELEMAN New town development in Indonesia Renegotiating, shaping and replacing institutions In line with the trend of urbanization in the developing world, Indonesia has undergone a rapid demographic shift from rural to urban areas. According to the United Nations, the proportion of urban dwellers in Indonesia was 17 per cent in 1970, 22 per cent in 1980, 31 per cent in 1990 and 42 per cent in 2000 and it has now surpassed 50 per cent (Urbanization 2007). This rapid urbaniza- tion is mirrored in the growth of Jabotabek1 and other Indonesian cities such as Surabaya in the past decades. Prices of land and real estate in and around urban areas, as well as the density and size of the cities, have increased significantly. The growth of urban areas has intensified the need for more infrastructure and services in the form of roads, sewerage, water management, public transport, and housing. The Indonesian government has not always been able to keep up with the increased growth, and Jakarta currently faces an assortment of problems such as regular flooding, pollution, security problems, poor road and pavement conditions, persistent traffic jams and inadequate public transport. Apart from urbanization, Indonesia has also witnessed significant eco- nomic growth in the past decades. During Soeharto’s New Order, for exam- ple, the economy grew at an average of 7 per cent annually over a period of 32 years (1966-1998).
    [Show full text]
  • 2012 Laporan Tahunan Lippo Karawaci Transformational
    Laporan Tahunan Lippo Karawaci PT Lippo Karawaci Tbk 2012 2012 Laporan Tahunan Lippo Karawaci Transformational Transformational Transformational Momentum Momentum Laporan Tahunan Lippo Karawaci Laporan Tahunan PT Lippo Karawaci Tbk Menara Matahari Lt. 22 7 Boulevard Palem Raya Lippo Village Sentral Tangerang 15811 Banten, Indonesia Tel. (62-21) 2566-9000 Fax. (62-21) 2566-9099 Email: [email protected] website: www.lippokarawaci.co.id 2012 The St.Moritz Penthouses & Residences Daftar Isi 51 57 Total penjualan Lippo Karawaci properti sepanjang akan mempercepat 2012 mencapai perkembangan Rp4,7 triliun divisi Hospitals meningkat 47% dari tahun sebelumnya Analisa dan Penjelasan Tema 3 Pembahasan Sekilas Lippo Karawaci 4 Manajemen Visi & Misi 8 Pencapaian Lippo Karawaci 9 • Tinjauan Bisnis 42 Struktur Perseroan 10 • Development Business 48 Area Kerja Lippo Karawaci 11 • Recurring Business 54 Unit-unit Usaha Lippo Karawaci 12 • Sumber Daya Manusia 60 Ikhtisar Keuangan 16 • Tanggung Jawab Sosial Perusahaan 66 Ikhtisar Saham 18 Aksi Korporasi 20 Penghargaan & Sertifikasi 21 Tonggak Sejarah 22 Peristiwa Penting 24 60 Sumber Daya Laporan Dewan Komisaris 26 Manusia merupakan kunci Laporan Presiden Direktur 32 sukses dalam kesinambungan pertumbuhan Perseroan Laporan Tahunan 2012 57 59 Lippo Karawaci Lippo Karawaci mengelola 31 mal mengelola delapan yang tersebar di hotel bintang lima seluruh Indonesia dengan brand name Aryaduta Laporan Manajemen Tata Kelola Perusahaan Tinjauan Keuangan 70 • Laporan Komite Audit 110 • Komite Audit 111 • Laporan
    [Show full text]
  • Chinese Big Business in Indonesia Christian Chua
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by ScholarBank@NUS CHINESE BIG BUSINESS IN INDONESIA THE STATE OF CAPITAL CHRISTIAN CHUA NATIONAL UNIVERSITY OF SINGAPORE 2006 CHINESE BIG BUSINESS IN INDONESIA THE STATE OF CAPITAL CHRISTIAN CHUA (M.A., University of Göttingen/Germany) A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY DEPARTMENT OF SOCIOLOGY NATIONAL UNIVERSITY OF SINGAPORE 2006 i ACKNOWLEDGEMENTS Throughout the years working on this study, the list of those who ought to be mentioned here grew tremendously. Given the limited space, I apologise that these acknowledgements thus have to remain somewhat incomplete. I trust that those whose names should, but do not, ap- pear here know that I am aware of and grateful for the roles they played for me and for this thesis. However, a few persons cannot remain unstated. Most of all, I owe my deepest thanks to my supervisor Vedi Hadiz. Without him, I would not have begun work on this topic and in- deed, may have even given up along the way. His patience and knowledgeable guidance, as well as his sharp mind and motivation helped me through many crises and phases of despair. I am thankful, as well, for the advice and help of Mary Heidhues, Anthony Reid, Noorman Ab- dullah, and Kelvin Low, who provided invaluable feedback on early drafts. During my fieldwork in Indonesia, I was able to work as a Research Fellow at the Centre for Strategic and International Studies (CSIS) in Jakarta thanks to the kind support of its direc- tor, Hadi Soesastro.
    [Show full text]
  • Reklamasi & Arah Kebijakan Pelaksanaannya
    Reklamasi & Arah Kebijakan Pelaksanaannya Yayat Supriatna – Teknik Planologi Univ Trisakti Belajar Dari Reklamasi Pantura Jakarta Regulasi Sektor Keuangan & Properti Sebagai Pemacu Pertumbuhan Wilayah Kebijakan Ekonomi & Perkembangan Properti • Era 1980-an, pemerintah mulai menerapkan kebijakan liberalisasi keuangan dan ekonomi, yang berwujud berbagai paket deregulasi semenjak tahun 1983. • Tanggal 27 Oktober 1988 dikeluarkan Kebijakan PAKTO ( Paket Oktober) pemerintah memberi keleluasaan untuk pendirian bank baru, termasuk bank patungan, dengan menurunkan reserve requirement dari 15% menjadi 2%, dan memperlakukan peraturan lending limit. • Tanggal 23 Oktober 1993 dikeluarkan PAKTO 1993, yaitu paket deregulasi sektor riil, diantaranya izin investasi lansung dapat diurus di tingkat kabupaten dan kotamadya dan penghapusan berbagai surat dan persetujuan. • Liberalisasi pada dasarnya mengukuhkan struktur konglomerasi yang mampu menguasai berbagai sektor ekonomi dari hulu sampai hilir di tangan segelintir kelompok pengusaha. Perkembangan Sektor Properti • Regulasi disektor keuangan menjadikan kegiatan properti sebagai pilar pertumbuhan investasi yang cepat berkembang. • Sejak tahun 1989 sebanyak 60.000 hektar areal lahan di Jabodetabek dikuasi oleh segelintir pengembang. • Contoh : • Keppres No.1 thn 1997 ttg Koordinasi Pengembangan Kawasan Jonggol Sebagai Kota Mandiri sebagai calon lokasi Ibu Kota terdiri dari 3 kecamatan dan 24 desa. • Dibentuk Badan Pengendali Pengembangan Kawasan Jonggol Sebagai Kota Mandiri, dengan sumber pendanaannya
    [Show full text]
  • Highlights of the Week
    YOUR GUIDE TO INDONESIA’S POLITICAL & BUSINESS AFFAIRS | October 26th, 2018 Highlights of the week Politics trumps economics in gasoline pricing Energy and Mineral Resources Minister Ignasius Jonan’s decision to revoke his announcement on the government’s decision to increase the oil prices less than half an hour after his initial announcement demonstrates how President Jokowi will likely maintain his real politik rules. Anies’ garbage policies and populist game The dispute between the Jakarta and Bekasi administrations over waste management once again indicates Anies’ populist tendency. As the Jakarta governor has reportedly started eyeing his reelection bid in 2022 and the presidential election in 2024, it remains unlikely that Anies will abandon his populist maneuvers and risk losing most of his staunchest supporters. Bribery case is unlikely to stop Meikarta The Meikarta property project, the Lippo Group’s flagship project, is in limbo after the Corruption Eradication Commission (KPK) caught several of its employees and Bekasi Regency officials red-handedly. Investors started shunning Lippo companies soon after the bribery case emerged, although it is not the first bribery case involving Lippo. Indonesia’s fintech faces structural challenges Indonesia’s fintech holds huge growth potential. President Joko “Jokowi” Widodo’s emphasis for friendly and accommodative fintech regulations was correct, despite structural problems besetting the industry persist. If left unaddressed, Indonesia’s fintech will be no more than a house of cards. SUBSCRIBERS COPY, NOT FOR DISTRIBUTION For subscription: [email protected] 2 POLITICS Politics trumps economics in gasoline pricing policy On Oct. 10, Energy and Mineral Resources Minister Ignasius Jonan announced the increase in the price of several types of gasoline, including the heavily subsidized Premium, in response to the increase in world oil prices.
    [Show full text]
  • Brown Bag Lunch Series Michael Riady
    Click here to view this email in your browser. Brown Bag Lunch Series Michael Riady (’11) Chief Advisor to Group Chairman, Overseas Union Enterprise (OUE), a unit of the Lippo Group of Companies Thursday, November 12, 2015 11:30am - 12:30pm B-210, Gold Hall Attire: Business casual Lunch will be provided RSVP - If you are interested in attending this luncheon, please submit your interest together with a copy of your resume to Lucy Allard at [email protected] by no later than Friday, November 6, 2015. Please join the Center for Global Management (CGM) in hosting a Brown Bag Luncheon with Michael Riady (GEMBA Asia Pacific ’11), Chief Advisor to Group Chairman, Overseas Union Enterprise (OUE), a unit of the Lippo Group of Companies, a multi-billion plus Pan Asia diversified conglomerate. Michael joined the Lippo Group in 2004 and currently serves in various positions within the organization, primarily real estate in the United States and Indonesia. He has extensive experience in real estate design and development, operations and corporate finance and is a Director of Lippo Malls, Indonesia’s largest owner with 42 malls and over 25 in the pipeline. Riady spearheaded the group’s return to the U.S. in 2010 and led the team to the sole acquisition of California’s tallest iconic U.S. Bank Tower in Downtown Los Angeles. The luncheon will provide an opportunity for interested MBA students to meet with Michael in an informal and interactive setting and hear more about his thoughts and experiences on the real estate industry, insights and guidance on the different areas of the industry, and also the importance of global perspectives and experiences in today’s environment.
    [Show full text]
  • PRIMUS DORIMULU Direktur Director
    PRIMUS DORIMULU Direktur Director Warga Negara Indonesia, lahir di Flores tahun 1959, lulusan Akademi Pendidikan Katekis, Flores pada tahun 1982 dan meraih gelar Sarjana dari Institut Ilmu Sosial dan Ilmu Politik (IISIP) pada tahun 1988. Beliau memiliki banyak pengalaman dalam dunia media, khususnya media cetak, hingga saat ini beliau merupakan Pemimpin Redaksi Investor Daily, Suara Pembaruan, Majalah Investor dan Beritasatu. com. Beliau memiliki gelar Certified Wealth Manager dari Erasmus University dan Universitas Gajah Mada dan hingga saat ini aktif mengikuti berbagai kursus di bidang Pasar Modal, Perbankan, Asuransi, Moneter, Fiskal, Industri, Perdagangan, Migas, Pertanian, Kehutanan, Ketenagakerjaan dan Pertambangan. Beliau mulai bergabung dengan Perseroan sebagai Direktur sejak April 2009 dan berdasarkan Keputusan Rapat Umum Pemegang Saham Tahunan tanggal 23 April 2014 beliau diangkat kembali sebagai Direktur Perseroan untuk periode 2014 - 2017. An Indonesian citizen, born in Flores in 1959, he graduated from the Cathecist Education Academy, Flores in 1982 and holds a bachelor’s degree from the Institute of Social and Political Sciences (IISIP) in 1988. Well experienced in the media industry, especially in the print media, he currently serves as the Chief Editor of Investor Daily, Suara Pembaruan, Investor Magazine and Beritasatu.com. He also holds the Certified Wealth Manager degree from the Erasmus University and Gajah Mada University and until now he is actively involved in various lessons on the Capital Market, Banking, Insurance, Monetary, Fiscal, Industrial, Commerce, Oil and Gas, Agriculture, Forestry, Labor and Mining. He joined the Company served as Director since April 2009 and based on the Resolution of the Annual General Meeting of Shareholders dated April 23, 2014 he was re-appointed as Director of the Company for the period of 2014 - 2017.
    [Show full text]
  • How Mochtar Riady Built Lippo
    How Mochtar Riady Built Lippo Lippo tycoon looks to young-gun grandson to build digital empire .................................................... 2 My Personal History: Mochtar Riady .................................................................................................. 5 01 The story of Lippo Group and modern Indonesia ....................................................................... 7 02 My early years in a turbulent China ............................................................................................ 9 03 The deep affection and profound wisdom of my grandmother ................................................. 10 04 Returning to a homeland under Dutch rule ............................................................................... 11 05 My mother's untimely death in childbirth ................................................................................. 12 06 On my own at 13, I learned a painful lesson ............................................................................. 13 07 Supporting Indonesia's pro-independence guerrillas ................................................................ 14 08 Hyperinflation and hunger in Nanjing ...................................................................................... 15 09 The letter that saved my life ...................................................................................................... 16 10 Travel opened my eyes to Indonesia's great diversity ............................................................... 17 11 How
    [Show full text]
  • Indonesia Media and Telecoms Landscape Guide November 2012
    1 Indonesia Media and Telecoms Landscape Guide November 2012 2 Index Introduction…………………………………………………………….……….3 Media overview……………………………………………………………….16 Media groups………………………………………………………………….30 Radio overview………………………………………………………………..39 Radio networks………………………………………………….…………….44 Television overview……………………………………………….…………..66 Television networks…………………………………………………………...74 Print overview………………………………………………………………….98 Newspapers…………………………………………………………………..103 Magazines…………………………………………………………………….121 Online media………………………………………………………………….124 News weBsites………………………………………………………………..128 Traditional and informal channels of communication……………………..131 Media resources………………………………………………………………133 Telecoms overview…………………………………………………………...141 Telecoms companies…………………………………………………………145 3 Introduction Indonesia is the largest and most populous country in Southeast Asia. It has become an economic and political powerhouse in the region, with a growing international profile. This chain of more than 6,000 inhabited islands had an estimated population of 242 million people in 2011, according to the World Bank. More than half the population lives on the island of Java, where the capital Jakarta is situated. This large island of 140 million people is one of the most densely populated places on earth. The overthrow of President Suharto in 1998 ended six decades of authoritarian rule. It ushered in a new era of democracy, freedom of speech and economic prosperity. The local media has blossomed in this environment. Over 1,500 private radio stations and more than
    [Show full text]
  • Lippo Karawaci Facts
    2015 2015 Annual Report Lippo Karawaci Annual Report lippo karawaci Lippo Karawaci Treading Through Volatility Through Treading 2015 Annual Report Lippo Karawaci Treading PT Lippo Karawaci Tbk Menara Matahari 22nd Floor 7 Boulevard Palem Raya Through Volatility Lippo Village Sentral Tangerang 15811 Banten, Indonesia Tel. (62-21) 2566-9000 Fax. (62-21) 2566-9099 Email: [email protected] website: www.lippokarawaci.co.id Theme Continuity 2010-2014 2010 2011 2012 Laporan Tahunan Lippo Karawaci PT Lippo Karawaci Tbk PT Lippo Karawaci Tbk Annual Report Lippo Karawaci 2010 2011 Picking Up 2012 Annual Report Lippo Karawaci The Beginning Journey: Transformational The Pace Transformational Picking Up The Pace Momentum Laporan Tahunan Transformational Journey: Annual Report Lippo Karawaci 2011 The Beginning PT Lippo Karawaci Tbk Menara Matahari Lt. 22 Lippo Karawaci PT Lippo Karawaci Tbk 7 Boulevard Palem Raya Menara Matahari 22nd Floor Lippo Village Sentral 7 Boulevard Palem Raya Tangerang 15811 Lippo Village Sentral Banten, Indonesia Tangerang 15811 Banten, Indonesia Tel. (62-21) 2566-9000 LaporanAnnual TahunanReport Annual Report Fax. (62-21) 2566-9099 Tel. (62-21) 2566-9000 Email: [email protected] 2010 Fax. (62-21) 2566-9099 website: www.lippokarawaci.co.id Email: [email protected] website: www.lippokarawaci.co.id 2010 2011 Transformational Picking Up Transformational Journey: The Pace Momentum The Beginning Lippo Karawaci has entered Lippo Karawaci is well placed a new phase and is closer to to realize its transformational Lippo Karawaci, with its vision, realizing its transformational journey to become an US$8 professionalism, entrepreneurial journey to become an USD8 billion company by 2015.
    [Show full text]
  • Local Politics and Chinese Indonesian Business in Post-Suharto Era
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Kyoto University Research Information Repository <Articles>Local Politics and Chinese Indonesian Business in Title Post-Suharto Era Author(s) Chong, Wu-Ling Citation Southeast Asian Studies (2015), 4(3): 487-532 Issue Date 2015-12 URL http://hdl.handle.net/2433/203094 Right ©Center for Southeast Asian Studies, Kyoto University Type Journal Article Textversion publisher Kyoto University Local Politics and Chinese Indonesian Business in Post-Suharto Era Wu-Ling Chong* This article examines the relationships between the changes and continuities of Indonesian local politics and Chinese Indonesian business practices in the post- Suharto era, focusing on Chinese Indonesian businesses in two of the largest Indo- nesian cities, Medan and Surabaya. The fall of Suharto in May 1998 led to the opening up of a democratic and liberal space as well as the removal of many dis- criminatory measures against the Chinese minority. However, due to the absence of an effective, genuinely reformist party or political coalition, predatory political- business interests nurtured under Suharto’s New Order managed to capture the new political and economic regimes. As a result, corruption and internal mis- management continue to plague the bureaucracy in the country and devolve from the central to the local governments. This article argues that this is due partially to the role some Chinese businesspeople have played in perpetuating corrupt busi- ness practices. As targets of extortion and corruption by bureaucratic officials and youth/crime organizations, Chinese businesspeople are not merely passive and powerless victims of corrupt practices.
    [Show full text]