Recent Articles
The 2019 Race: North Maluku
North Maluku is one of the smallest provinces in Indonesia with around 1.1 million population. But, every vote counts, right? Prabowo Subianto won majority votes in this province four years ago with quite significant margin. What’s the recent outlook?
Business
ENI + Pertamina in Biorefinery
Italy’s energy giant ENI and state oil and gas company Pertamina have on Friday (Sep 21) signed a memorandum of understanding for development of the so-called green refinery, i.e. converting Pertamina’s existing conventional refinery into biorefinery.
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Doso Agung, New CEO for Pelindo 3
The Ministry of State-owned Enterprises (SoE) has appointed Doso Agung as new CEO or president director for state port operator PT Pelabuhan Indonesia (Pelindo) 3, replacing I Gusti Ngurah Ashkara Danadiputra who was elected as...
HK Metals Sets IPO Prices at Rp190-230
PT HK Metals Utama, member of Hyamn Group, engaging in metal and steel manufcturing, has set its IPO prices at Rp190-230. to raise total proceeds of Rp278.66 billion to Rp337.33 billion. It plans to offer 1.46 billion shares,...
Jokowi Imposes Three-year Freeze on Palm Oil Plantation Licenses
President Joko Widodo has signed a Presidential Instruction that puts a three-year ban on palm oil plantations licenses, a move that is unlikely to be popular among the palm oil industry, one of the most influential industry in...
Profiles
People on the Move
The government has appointed Jusman Syafii Djamal, former minister of transportation (2007-2009), as new chairman of state-owned railway operator PT Kereta Api Indonesia. Jusman is also listed chairman of flag carrier PT Garuda Indonesia Tbk (GIAA) and some other companies, including those in private sector.
