Sovereign Wealth Fund (SWF) Effects

Sovereign Wealth Fund (SWF) has been used globally for the purpose of generating national wealth for future generations.   Indonesia recently forms its own SWF, i.e. Indonesia Investment Authority or INA. The INA will invest primarily in infrastructure assets. The RPJMN (National Medium Term Development Planning) 2020 – 2024 estimate that funding of approximately IDR 6,500 trillion ...

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The Fundamental of Share Market

Not many people are aware that Indonesia was somehow related to the first introduction of Share Market. VOC (a Dutch Company) was the first company that issued Company Shares to the public in order to finance its trading venture across the globe (including Indonesia which became its headquarter) in year 1600. (note: resentment towards Dutch colonization ...

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SRTG – Insatiably Investable Investment Company

SRTG (Saratoga Investama Sedaya) was set up as an investment vehicle that owns majority shares of some blue chip companies in Indonesia. These blue chip companies include: CodeCompanySRTG’s Attributable Shares ** (per 30 Dec 2020)ADROAdaro EnergyIDR 7.2 trillionMDKAMerdeka Copper GoldIDR 6.7 trillionMPMXMitra Pinasthika MustikaIDR 1.4 trillionTBIGTower Bersama InfrastructureIDR 10.7 trillionTotalIDR 26 trillion **estimate only Approximately 26 trillion worth of ...

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PSAB – Unloved or Undervalued?

PSAB and MDKA PSAB (J Resources Asia Pasifik) is a gold mining company comparable to another gold peer MDKA (Merdeka Copper Gold). It currently produces 171,000 ounce of gold per annum.  While MDKA share is shooting up over recent months due to higher gold prices, PSAB share has not increased as much. Looking into their latest Q3 financial ...

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Property Taxes

Buying and Selling Properties in Indonesia will incur additional costs in the form of taxes and other fees. Buyers For Buyers, these taxes and fees include: NoCostsEstimationE.g. for a IDR 500 million property1BPHTB (Bea Perolehan Hak atas Tanah dan Bangunan)5% of purchase price after deducting the NPOPTKPIDR 22,500,0002Title Transfer Fee (Biaya Balik Nama)2% of purchase priceIDR 10,000,0003Sale and ...

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Mining the Future Commodity (Nickel)

Electric Vehicles (EV) As the younger (future) generation becomes more environmentally minded, there is ever increasing demand for electric vehicles (EV). Although globally there are dozens of electric vehicle (EV) manufacturers, the largest one (Tesla) has higher market capitalization than most established vehicle manufacturers. As a matter of fact, Tesla is currently valued (USD 578 billion) as much ...

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Responsible Investment

An investment is a means to generate Wealth. And Wealth comes after Well-Being, not the other way around.  Here are 3 basic tips when choosing shares to invest: Optimizing, not Maximizing External factor (e.g. market risk, recession) is very much detrimental to movement in investment value. An Investor should always be prepared for a downturn, which might mean having ...

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