Indonesia’s strong FMCG sector and the start of election spend after June should bolster advertising prospects in 2013, although overall forecasts from Media Partners Asia are somewhat conservative in the early teens.
Meanwhile, media earnings have been strong, led by MNC Group while a May 1 onwards merger between SCMA and Indosiar, both Emtek companies, should bolster future growth.
Full analysis in Media Route 26 #121.