Author: yosefardi.com

Garuda improved, but still in red

Flag carrier PT Garuda Indonesia reported operating loss of Rp378.7 billion in 2006, reduced significantly from Rp668 billion in 2005. The company’s net loss also dropped to Rp197 billion against Rp688 billion in 2005. But...

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Bakrie Sumatra’s acquisition

PT Bakrie Sumatra Plantations Tbk will acquire 100% ownership of PT Grahadura Leidong (GLP) palm oil plantation company PT Sumbertama Nusapertiwi (SNP) at Rp260 billion. PT GLP owns 8,323 hectare of CPO plantation of which 3,832...

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Cabinet reshuffle updates

The rumor of a cabinet reshuffle has been around for almost six months. It makes some believe president Susilo Bambang Yudhoyono might simply not going to do that. But in the last few days, the rumor intensified with statements of the president himself, vice president Jusuf Kalla, and even The People’s Consultative Aseembly speaker. Now, it’s a matter of days to see the truth.

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Poempida: Politics & Business

Poempida Hidayatullah is one of important personalities in current politics and business in Indonesia. A close friend of controversial military figure and executive of the largest political party in the country, Poempida has a...

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