Profiles

Budi Arie Setiadi, a loyalist of President Joko “Jokowi” Widodo, has been sworn in as the new Minister of Communications & Informatics (ICT) replacing Johnny G Plate, the disgraced politician from Nasdem, a political party led by media mogul Surya Paloh. Budi Arie is the chairman of Pro Jokowi (Projo), arguably the largest volunteer group of President Jokowi.

Rosan P Roeslani, co-founder of Recapital Group, was elected new chairman of Indonesian Chamber of Commerce and Industry (KADIN Indonesia) eight years ago. It was a landslide victory over rival Rachmat Gobel, former minister of trade and politician from NasDem Party. Most believed Rosan would later be joining the cabinet, but he was appointed Ambassador to the US two years ago. 

Unlike most leaders of Islamic boarding schools, Panji Gumilang, controversial leader of Al-Zaytun, prefers to wear western-style fashion, complete with tie. Panji is man of the hour due to series of investigations of blasphemy at the national police and his hundreds of bank accounts by the anti-money laundering agency PPATK.

April 5, 2014, national media published articles basically praising the ‘success’ of Dato Tahir (owner of Mayapada Group) in getting eight other businessmen to join the so-called Indonesia Health Fund (IHF). Tahir reportedly got US$40 million donation from them, including Ted Sioeng (owner and CEO of Xioeng or Sioeng Group).

The purchase of the used Mirage fighter jets from Qatar Air Force worth 733 million euros sparked debates in the country. Some politicians, including those from PDIP, questioned the urgency of such purchase, while lawmaker from Golkar raised concern about legality of the spending. Prabowo Subianto, minister of defense, came out to defend the decision saying modern fighter jets Rafale (France) will only arrive three to five years from now.

Indonesia Investment Authority (INA), the country’s sovereign wealth fund, has just signed an agreement with ESR Group and Mitsubishi Corporation’s MC Urban Development Indonesia for the development of multi billion dollar logistic parks in Cikarang, West Java province. 

PT Berau Coal Energy Tbk (BRAU), member of Sinarmas Group, has finally released its financial statement for the period ended December 31, 2022. After the stock was delisted from the Indonesia Stock Exchange (IDX) in November 2017, not much we knew about BRAU, immediate parent of PT Berau Coal, one of the largest coal miners in the country.

PT Amman Mineral International Tbk (AMMN), parent of gold-copper miner PT Amman Mineral Nusa Tenggara (AMNT), will start trading on the Indonesia Stock Exchange (IDX) with market capitalization of up to Rp129.5 trillion or US$8.9 billion, making it one of the largest issuers in the market.

Gardenia, BonJour, Cowhead, and Farmland brands under QAF Limited (Singapore) published a half-page congratulations on the wedding of Dharma Satya Dawis and Aprillia Astena Mina at the Jakarta Post this morning. The wedding is interesting because of big names behind.