Ending months of speculation, President Susilo Bambang Yudhoyono confirmed today his plan to reshuffle the cabinet and announce the changes by early May or two weeks from now. That would make some important decisions postponed, especially privatization plans.
Read MoreAttorney General’s Office (AGO) has filed new charges against former Bank Mandiri directors (ECW Neloe, I Wayan Pugeg, and Sholeh Tasripan). AGO argued that their decision to acquire bad loans of PT Kiani Kertas from IBRA...
Read MorePT Radiant Utama Interinsco Tbk entered stock market less than a year. The June 2005 IPO that raised around US$4 million may be too small to attract major institutional investors. But yesterday, the company told JSX that it will...
Read MoreForget about Bakrie Family for a while. Let’s talk about Barki Family, owner of several coal mining concessions in the country. Family Members: Kiki Barki Anita Barki Lawrence Barki Key Assets 1) Tanito Coal, produced 2.7...
Read MoreServeral business groups have drafted M&A plans this year. Chairul Tanjung’s business group, for example, plans to acquire companies in various sectors. Malaysia’s Khazanah also plans to take benefit from the...
Read MoreMAKIN 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...
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