Weak But Still Rising
Half year financials of several large listed companies have begun to emerge in the media. The numbers show continued weak performance, a sign that the economy has yet to fully recover. Retail companies, like Matahari Department Store and Hero Supermarket, have each shown revenue growth, but still much below a year ago. Consumer companies, like Unilever Indonesia and Indofood CBP, have also posted similar weaker results than last year.
HASTO Kristiyanto stopped for a moment as he was about to take a sip from his mineral water in Tempo’s editorial meeting room last Friday. The Indonesian Democratic Party of Struggle (PDI-P) secretary-general apologized for his petai, or stinky bean, breath. "Last night I was served stinky-bean fried rice by the President.