Apr 18, 2015 | Industries, Market
Shares in PT Plaza Indonesia (PLIN) Tbk, operator of Plaza Indonesia Shopping Town, have been subject to various transactions by major business groups in the past few years. The most recent is a plan from MNC Land, controlled by Hary Tanoesoedibjo, to divest its 26%...
Apr 18, 2015 | Industries, Market
PT Saratoga Investama Sedaya Tbk (SRTG), controlled by tycoon Edwin Soeryadjaya, and PT Rajawali Corpora, controlled by tycoon Peter Sondakh, have signed an agreement to acquire 1.094 billion shares owned by Rajawali in second largest taxi operator PT Express...
Apr 17, 2015 | Industries, Market
PT Trikomsel Oke (TRIO) Tbk and PT Transindo Digital Ritel (Trans Hello)—controlled by Chairul Tanjung’s Trans Retail, have inked partnership in retail business, especially in the sales of telecommunication products. Under the agreement, various brands of...
Apr 17, 2015 | Industries
RAMBA ENERGY LIMITED said that it is confident that political reforms will positively impact the country’s energy sector, and create an improved business climate across the archipelago. The Group holds a 70% interest in the Jatirarangon TAC block, located in...
Apr 16, 2015 | Industries
The Indonesian coffee industry is facing a tough choice. Indonesia can sell smaller quantity of coffee to the American and European market with a premium, but both market require the Indonesian coffee industry to develop a sustainable business practice. Or, Indonesia...
Apr 16, 2015 | Industries, Law
President Joko Widodo (Jokowi) chaired a meeting on the reformulation of the Selling Value of Tax Object (NJOP) and Land and Building Tax (PBB) on April 1, 2015. The Minister of Agrarian Affairs and Spatial Planning, who is also the Head of the National Land Agency,...
Apr 15, 2015 | Industries, Market
Japfa Comfeed, one of the largest integrated poultry players in Indonesia, posted disappointing results last year. What the company will do to turn around this year onwards? We hereby provide excerpt of Q&A with directors of Japfa Comfeed after yesterday’s...
Apr 15, 2015 | Industries
The Indonesian Information and Technology Society (Mastel) has just appointed the former President Director of PT Telekomunikasi Indonesia Tbk (IDX: TLKM), Kristiono, as its chairman for the 2015 to 2018 period. Kristiono replaced Setyanto P. Santoso, who has been...
Apr 15, 2015 | Industries, Market
Property sector will see more foreign players entering local companies. While the government of Indonesia will encourage domestic investment in property sector to compete with foreign investors. But the concern on property industry is now the depreciation of rupiah...
Apr 15, 2015 | Industries
Royal Pacific Industry is a California based coffee importer established by Heru Khoe, Steve Hidajat and also Michael Lee. The company imports green coffee beans from all over the world. Royal Pacific Coffee Industry has been selling various single origin specialities...
