Astra Otoparts (AUTO) expects 50% of its revenue to come from after-market products, an increase from after-market product contribution of 45% booked in 2015. The company will boost its after-market products sales by: a) distributing after-market products through 12,000 retailers across Indonesia, b) exporting the products to 40 countries and adding two more export destinations, c) selling through 360 direct retail outlets in Java and Bali.

Adira Dinamika Multifinance (ADMF) reported 2015 net profit of Rp665b, down 16% yoy from 2014’s Rp792b. Management attributed the weak performance to slow motorcycle and car sales dragged by weak customer purchasing power. New bookings also dropped 20% yoy to Rp18.6t. However, management is targeting to achieve new bookings of Rp36t in 2016, up 30% yoy. The company has budgeted capex for 2016 at Rp7.0t, out of which Rp5.0t will be funded by a bond issuance and the remainder will come from foreign currency bank loans.

Those stocking up on popular Chinese New Year food items in Singapore such as bak kwa and fish are feeling an extra pinch in their wallets this year, compared with the same festive period last year, with the Chinese silver pomfret seeing a 40% additional jump. At the market, the price for the Chinese silver pomfret has gone up from S$80 per kg — a common quoting price this time last year — to breach the S$100 mark. Some fish vendors even expect the price of the seafood to go as high as S$150 per kg as Chinese New Year approaches. It usually goes for about S$50 a kg during the off-peak period.

The Hongkong and Shanghai Banking Corporation (HSBC) Singapore branch plans to transfer its Retail Banking and Wealth Management (RBWM) business units to a locally incorporated subsidiary by May 9. HSBC This follows the Monetary Authority of Singapore announcement in April 2015 that HSBC is considered one of seven domestic systemically important banks in Singapore.ir-leasing.ru

In the proposed regulation regarding tax amnesty, the Indonesian government is proposing a lower tariff for those that repatriated the capital from overseas. The tariff is 2%, 3% and 5% of net asset reported in 1Q16, 2Q16 and 2H16 respectively. The government expects receipt from tax amnesty to reach Rp60t, which assumes a 3% multiple of inflow of overseas funds of about Rp2,000t. This tax amnesty law is attempting to lure funds from underground economy like illegal trading, illegal logging, illegal fishing and illegal mining. The tax department estimates the state lost about Rp263t per year from this underground economy. The government will submit this proposed law to the Parliament and expects the law to take effect in 1H16.berryjam.ru

PP Properti (PPRO) has agreed to establish a JV company with Kawasan Industri Jababeka (KIJA) to develop the Riverview Residence and Riverwalk Commercial Park projects. PPRO targets to achieve 30% yoy revenue growth this year. (Source: Investor Daily) Unilever Indonesia: Allocates capex of Rp1.2t. Unilever Indonesia (UNVR) allocates capex of Rp1.2t this year (2015: Rp1.2t). The company plans to launch 40 products this year, including new product variants and development of existing products.sports74.ru

Matahari Putra Prima (MPPA) is preparing capex of Rp700b-800b this year to add new stores. The capex will come from internal financing and bank loans. The company plans to open 10 new Hypermart stores – three in Java and seven outside of Java. The company will also open three new Foodmart stores, four Smart Club stores and 10 Boston outlets.

Indomobil Sukses Internasional injected Rp240b into Garuda Mataram Motor through its subsidiary IMG Sejahtera. (Source: Investor Daily) Kimia Farma: Targets export revenue of Rp207b. Kimia Farma (KAEF) targets to book export revenue of Rp207b, up 15% yoy from Rp180b in 2015. The company plans to open five drug stores in Mecca and Medina. The company also will export quinine salt to Europe, Oceania, North America, South America and Africa.