Palm oil plantation company PT Selago Makmur Plantation joins the biodiesel frenzy with its plan to build biodiesel plant in Padang, West Sumatra. Meanwhile PT Supra Mitra Abadi, also a palm oil plantation company, plans to...
Read MoreThe largest listed palm oil plantation by market capitalization PT Astra Agro Lestari (AALI) Tbk is working on acquisition of 75,000 hectares of plantation in Sumatra and Kalimantan as part of the company’s plan to have...
Read MoreBenjamin Jiaravanon, son of Suneth Jiaravanon—founder of PT Central Pertiwi (Charoen Phokphand) acquires 51% shares of Commerzbank AG in Finconesia Bank, a bank with total asset of Rp1.09 trillion. Benjamin Jiaravanon...
Read MorePT Humpuss Intermoda Transportasi (HITS) Tbk—a shipping company controlled by Tommy Soeharto, plans to sell two tankers and use the proceeds to buy five new Panamax and chemical tankers. The company is looking for bank...
Read MorePT Central Proteinaprima (CP Prima) Tbk reported profit before tax of Rp96.5 billion in the first quarter, declined from Rp113 billion in the same period last year while its asset jumped significantly from Rp2.47 trillion to...
Read MoreOnce one of the golden boys of Indonesia government during the IBRA years but then off-the-screen for many years without significant deals, Lehman Brothers has been aggressive over the last few months as key financier for Harry...
Read MoreIndonesia Today attended a focus group discussion on biodiesel policy organized by Research Ministry on Tuesday with participants from Ministry of Finance, Ministry of Energy & Mineral Resources, Pertamina, and biofuel...
Read MorePT Mulia Mustika Tata Indah offers to buy 129.29 million shares (13.15%) of PT Mulialand Tbk held...
Read MoreTwo weeks ago, anti-corruption court sentenced Martias (Pung Kian Hwa)—owner and founder of Surya Dumai forestry and plantation group, 1.5 years in prison. He’s implicated in the corruption case of former East...
Read MorePT Asian Agri, one of the largest CPO producers in Indonesia, is clearly in big trouble as Tax Office formally announced indication of crime committed by the company’s owners. Tax Office also announced today the five...
Read More