Recent Articles

Kalla: Present & Future

Jusuf Kalla will soon end his term as the Vice President (VP) of the Republic. He is no longer President Joko “Jokowi” Widodo’s running mate. He’s only the chief adviser of the President’s national campaign team (TKN). With such dramatic changes, some wonder whether Kalla still has significant influence in this year’s presidential race. Others wonder what future waits for him after the election.

Business

Corporate Actions: Blue Bird & Siloam

Conventional taxi operator Blue Bird (BIRD) will review its cooperation with ride-hailing firm Go-Jek as it wants to also build alliances with other platform operators on a mutual beneficiary scheme.

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BI Leaves Rate Steady as Expected

Central bank (Bank Indonesia/BI) left its benchmark 7-day reverse repo rate at 6% on 17th January 2019, as widely expected. Policy makers said the decision consistent with efforts to reduce the current account gap to a more...

London’s Ophir Rejects MedcoEnergi’s Possible Offer

Oil and gas producer Medco Energi Internasional (MEDC) expectation to own a Ophir Energy Plc. is nearly broken. The London-based upstream oil and gas producer has rejected the offering price of the local company. “The Board has...

Govt to Set Up Other State Holding Companies

State-owned Enterprises (SOE) ministry targets that some holding companies (holdco) establishment will be finished in March of 2019. The unfinished-holdings are infrastructure, insurance, housing, industrial estate, port,...

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Profiles

Wiwiek Tjokrosaputro Passes Away

Wiwiek Tjokrosaputro (Kwee Hwie Lan), mother of Anne Patricia Sutanto, vice president director of textile giant PT Pan Brothers Tbk (PBRX), passed away in Jakarta Monday (Jan 7). The late Wiwiek is sister of the late Handoko Tjokrosaputro (Batik Keris Group).

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