MAKIN Group is a growing plantation group with hundreds of thousand hectares of plantations in the country. The group has 27 subsidiaries operating in CPO Plantation & Refinery, Plywood Manufacturing, Marble Mining, Gloves...
Read MoreSome people have just praised the newly deliberated Investment Law. But recent proposals from various ministries to set the limit of foreign ownerships in key sectors to 35%-49% might be a major setback for the country’s...
Read MoreEvery time we talk about Tirtamas Group, one of the biggest business empire during Soeharto years, three names would come up: Al Njoo, Hashim Djojohadikoesoemo, and Honggo Wendratno. The group was collapsed in 1998, but recently recovered. What’s happened on the trio since then? Let’s start with Al Njoo’s profile.
Read MoreSolichin Jusuf Kalla is Vice President Jusuf Kalla’s only son. Get to know his business and social activities. SOLICHIN JUSUF KALLA Current Position: 1) Business Development Director Hadji Kalla Group 2) CEO of Prambors...
Read MoreIt’s a matter of when the reshuffle will be announced. It’s almost certain if you see the political movements in the last few days. The president was waiting the conclusion of Golkar Party’s national leadership...
Read MoreTata Power is raising up to US$1.2 billion in the market to finance its acquisition of 30% shares in PT Kaltim Prima Coal, PT Arutmin Indonesia, Indocoal, Indokalsel, and Indokaltim. Meanwhile Bumi Resources would issue US$300...
Read MoreChemical distributor and manufacturer PT Lautan Luas Tbk is expanding its chemical business with the establishment of a new JV with Hongze Yinzu Chemical to produce ammonia in Hongze, China, the company told JSX late last week....
Read MorePT Kaltim Prima Coal, the largest coal mining in Indonesia, reported 97% drop in net profit last year, mainly due to significant drop in operating margin. The company’s operating profit decreased 54.7% last year to USD58.6...
Read MoreState-owned airline company PT Merpati Nusantara Airlines (MNA) has entered into a JV cooperation with PT E-Capital Securities and US-based Air XL Inc to develop an air transportation consulting business. The three companies...
Read MoreAfter weeks of speculation about the deal between Tata Power and PT Bumi Resources Tbk, the listed parent company of KPC & Arutmin finally announced part of the SPA today. What’s inside the US$1.1 billion deal? Bumi...
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