May 19, 2015 | Industries
Jay’s Kitchen is one of the premium spices and herbs brands that you can easily find in Indonesian supermarkets. UD Hoka Jaya Perkasa is the owner of the brand, with distribution of the products handled by PT Hoka Rempah Persada. Jay’s Kitchen began their business in...
May 19, 2015 | Industries, Reviews
PT Waskita Karya Tbk (WSKT), developer of Pejagan-Pemalang toll road, believes first phase of 14.2 KM will be operational during this year’s Lebaran festivities. On Monday, President Joko ‘Jokowi’ Widodo witnessed the signing of financing agreement...
May 19, 2015 | Industries, Law, News Group
There is an ongoing dispute between the Government of DKI Jakarta (Pemprov DKI) and the Land Transportation Organization (Organda) regarding the operation of Busway-Integrated Border Transport (APTB), and it’s getting serious. This dispute was originally about...
May 19, 2015 | Industries, Market, Politics
Every time we have new president and minister of state-owned enterprises, the issue of establishing holding company for SOEs in the same business/sector emerged, but then died out. So far, consolidation of state cement producers into PT Semen Indonesia (SMGR) Tbk...
May 18, 2015 | Industries, Law, Market
Lawmakers are now working on the revision of broadcasting law No. 32/2002. They propose a total ban on advertisement of cigarettes in TV and radio stations. How serious will be its impacts to media companies like MNCN, SCMA, and VIVA? Mahfudz Siddiq, chairman of House...
May 18, 2015 | Industries, Law
The Government and PT Pertamina agreed to dissolve Pertamina Energy Trading Limited (Petral). Commissioner of Pertamina, Tanri Abeng said that the dissolution would be a part of the initial step for transforming the state-owned oil and gas company. The Minister of...
May 18, 2015 | Industries
In the 17th century, the Dutch and the English fought for the control of a small island in the Banda sea called Pulau Run. Therein the nutmeg trees grew in abundance, and they were found nowhere else but in Pulau Run. This is why the island was so precious, so much so...
May 18, 2015 | Industries, Market
Nusantara Infrastructure (META) is one of few companies reporting strong performance in the first quarter of 2015. Its net profit surged by 73% in the quarter, thanks to strong revenue growth of 25% and improved margins. The growth in sales revenue was attributable to...
May 17, 2015 | Industries
Indroyono Soesilo, coordinating minister for maritime affairs, claimed last week that land acquisition for the giant 2×1000 MW coal-fired power plant in Batang Regency, Central Java, planned by Adaro Energy and J-Power, has been fully completed. “I have to...
May 17, 2015 | Industries, Market
PT Asuransi Reliance Indonesia, subsidiary of Reliance Capital Management, dismissed speculations that Malaysian company Tune Insurance Holding Berhad, which acquires PT Asuransi Staco Mandiri, also acquires the insurance firm. Jurgantara Usman, group managing...
