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...
Read MorePT 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...
Read MoreJababeka, one of the most prominent industrial estate developers in Indonesia, won a 20-year contract to operate and modernize military’s golf course in Magelang, Central Java. What’s up?
Read MoreThe 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.
Read MorePoempida 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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