PT Bumi Resources (BUMI) Tbk lost another 3.66% yesterday to Rp1840. BUMI is now the top loser in Top 20 stocks on IDX (by market cap) with 24.1% fall so far this year. Endless announcements (claimed to be the most credible)...
Read MorePeter Sondakh, the owner of Rajawali Corporation Group, was born in Surabaya, East Java from a native Manado father and Dutch-born/nationality mother. His first wife was a Thailand-born woman. From this marriage, Peter has two children, Claudia & Charles, both grown-up. The second wife, a Singaporean named Evi whose family owns Peninsula Hotel chains in Singapore & Indonesia. Peter has one child from this marriage.
Read MoreAdaro Energy (ADRO) surged 25.7% so far this year, second best behind Indika Energy (INDY) in major coal-related stocks. The stock steadily increased in the past three weeks on “expectation” of 25% equity...
Read MoreBanking crisis in 1997-1998 led to various agreements between Indonesian authorities and International Monetary Fund (IMF). One of them is the establishment of a Financial Service Authority (FSA), popular as Otoritas Jasa Keuangan (OJK) in Indonesia.
Read MoreRespected founder of Astra International, William Soeryadjaya, passed away last week at 87. He survived a wife, Lily, four children, and twelve grandchildren. Bitterly lost his crown jewel, Astra Group, William’s children have tried to establish their own business empires for the third generation to grow.
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