Batavia (Jakarta) was developed in early 17th century as waterfront city with canals, pretty much like Amsterdam. Series of flooding in early 20th century triggered Dutch colonialist to develop the West and East Flood Canal to...
Read MoreRecently we got rumours that Haryono Eddyarto, controller of ASX-listed Adavale Resources Ltd, which operate several coal concessions across Sumatera-Kalimantan, has recently signed papers with Korea Electric Power Corporation...
Read MoreAs the largest producer of palm oil, with the potential to double Malaysia’s output in eight years time, Indonesia could become the largest surfactant (detergent and soap raw material) player in the region. COULD, not WOULD. We love to export CPO and PKO only, easy money. We will import environmental-friendly detergent and soap from China.
Read MoreWell, he is not as big as Budi Hartono, Susilo Wonowidjojo, Teddy Rahmat, the Widjayas, or Salim. But, his activities deserved attention, especially huge concessions awarded to his group in various sectors. Who is he? Little...
Read MoreElectricity Generating Plc (EGCO) Group, Thailand’s first independent power producer, has acquired 40% interest in Manambang Muara Enim (MME) coal project for US$197 million. Prospect? Who’s behind Manambang Muara...
Read MoreHouse Commission XI (overseeing bank, capital market, insurance, etc) has finally elected seven commissioners of the powerful Financial Services Authority (OJK). Muliaman D Hadad, deputy governor of Bank Indonesia, has been...
Read MoreChina has grown its methanol production capacity from 6.16 million tons in 2003 to 20.6 million tons in 2008 and further up to to 50 million tons per annum this year. Unbelievable! Indonesia, the largest LNG exporter in the world, unfortunately, only has less than 1 million tons per annum capacity.
Read MoreErnst & Young awarded Hadi Surya, owner of Berlian Laju Tanker (BLTA), the Entrepreneur of the Year for Lifetime Achievement many years ago. His handling of BLTA’s defaulted debts is the biggest test of whether he...
Read MoreShares of Indomobil Sukses International (IMAS) have steadily declined from around Rp8000 in early July to Rp5100 Thursday (December 6). Indomobil currently has market value of Rp14.1 trillion or about 1/20 of Astra...
Read MoreRecovery of palm oil prices is important for Indonesian economy. Other than being the second largest export earner behind coal with export value of US$17.6 billion in 10 months of 2012, the industry contributed to strong...
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