Farallon Capital and Alaerka Investment (controlled by Djarum Group) changed ownership structure at Farindo Investment (Mauritius) Ltd which controls 51.18% PT Bank Central Asia (BCA) Tbk, an official at Bank Indonesia said...
Read MoreI bet most of you have seen Lord of War with Yuri Orlov (Nicholas Cage) as the arms dealer with his brother Vitaly (Jared Leto) as partner. So, brothers-in-arms. “Yuri doesn’t believe in concepts like “right or wrong.” He...
Read MoreTwo palm oil giants have been emerged with Wilmar’s acquisition of PPB Oil and the merger of Guthrie, Sime Darby & Golden Hope into Synergy. Both have strong operations in Indonesia and Malaysia, but it’s...
Read MoreThere are at least four companies that will compete to be the strategic partner of ailing flag carrier PT Garuda Indonesia Airways. They are Texas Pacific Group (TPG)/Newbridge, Lufthansa, Air Canada and one name I don’t...
Read MoreMalaysia’s PLUS Expressway Berhad has made major inroads into Indonesian toll road projects with the acquisition of 55% share in PT Lintas Marga Sedaya, the holder of the biggest concession in the Trans Java Expressway...
Read MorePatrick Walujo of PT Northstar Pacific Partners (Indonesian division of Texas Pacific Group) signed a Letter of Intent and Exclusivity in the last week of December 2006 to purchase a 76% stake of PT Bank Tabungan Pensiunan...
Read MoreYou better check this out! I’m not sure if this is real nor when did President SYB wear that, and Smile! I did ask the sales person of Bio-FIR. “Yes, the president use this product,” he said.
Read MorePlatinum Energy (US) and Inizio (Malaysia) have joined the biofuel frenzy with their respective plans to build factories in South Sumatra with combined investment of USD80 million, Kompas reported. Good thing, they’ll...
Read MoreEvi Elka Pangestu, mother of Mari Elka Pangestu (minister of trade), passed away on Thursday at 85. Evi, wife of the late economist Yusuf Panglaykim, survived three children (Mari, Tikki, and Pingki) and five grandchildren...
Read MorePT Bank Mandiri Tbk is getting tougher on PT Kiani Kertas (PT KK) regarding the payment of USD220 million bad loan. Mandiri sent warning letter to the pulp producer, “so we don’t have to take tougher action,”...
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