Leaders should make decisions and be accountable for them. That’s what the country missed and desperately needed. The newly appointed state-owned enterprises minister Sofyan Djalil seems to realize that. In his second day...
Read MoreStraits Asia Resources Ltd has appointed Rizal Ramli (former coordinating minister for the economy under Abdurrahman Wahid administration) as its CEO for Indonesia operation called PT Indo Straits. The group is already one of...
Read MoreMarket has talked about acquisition of plantation company PT PP London Sumatera Tbk by various groups since last year but none of them materialized. Three months ago, the company formally denied that it’s being targeted by...
Read MorePT Barito Pacific Timber Tbk has announced its plans to develop resources-based businesses. While no details provided, the group’s majority owner control has some significant coal assets in Kalimantan. Actually it’s...
Read MoreTwo-and-a-half years in office the outgoing state-owned enterprises minister Sugiharto scored only one ‘privatization’ decision, the divestment of 5% shares of PGN late last year despite his repeated statements to...
Read More