The biggest surprise of the recent cabinet reshuffle is the promotion of Hendarman Supandji as Attorney General replacing Abdurrahman Saleh. Saleh was shocked and reportedly cried out when he heard the news. Mr Saleh told the...
Read MorePT Energi Mega Persada Tbk is exercising fund raising activity to refinance Merrill Lynch loans and a possible acquisition of new oil and gas fields, people close to the company said. “Energi is working on the refinancing...
Read MorePresident SBY had announced the cabinet reshuffle on Monday. Pretty much as predicted, except the home affairs and defense ministry. The decision has long-term impact, especially the upcoming 2009 election which is not too far...
Read MoreTax Office claimed it had found strong evidence of tax evasion committed by Asian Agri, a subsidiary of RGM International controlled by tycoon Sukanto Tanoto, Koran Tempo reported today. The result of months of investigation...
Read MoreThis is a busy year for Indonesian telecommunication industry to raise funds from investors. Almost all players have launched plans to raise funds including new player like PT Sampoerna Telecom Indonesia, a company controlled by...
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