QZ8501, Beyond the Crash: Insurance Part II
The Indonesian Financial Services Authority (OJK) is closely monitoring the claim & disbursement of insurance for the victims of crashed AirAsia flight QZ8501. Firdaus Djaelan, the chief executive of OJK’s supervision of non-banking industry division, told...
What to Expect from the Search for QZ8501’s Black box?
The speculation game about what may have caused Air Asia flight QZ 8501 continues. This game won’t end until the truth about what happened inside the plane’s cockpit is revealed. For that, the authorities would need to find the cockpit voice recorder, and the flight...Freeport & Mitsubishi, Part Two?
National media quoted Sukhyar, director general for coal & minerals at energy & mineral resources ministry, saying PT Freeport Indonesia has opted to partner with Mitsubishi Materials Corp for the development of US$2.3 billion copper smelter project in Gresik,...QZ8501 Beyond the Crash: Karimata Strait Defence Expo
Let’s start with a disclaimer that this is not an article evaluating the management of Indonesia’s Search and Rescue (SAR) operation for flight QZ8501. Herein, we are only interested in the fleets involved in the SAR operation, and the extent to which the...A New Film Titled “Behind 98”
MNC Pictures will release its latest movie titled “Di Balik 98” (Behind 98) on January 15. The film, which was previously titled “Di Balik Pintu Istana” (The Palace Behind the Doors), is a drama set on the 1998 May Riots where Indonesian university students and...
QZ8501, Beyond the Crash: Insurance
Insurance claims for the perished AirAsia flight QZ8501 have been the topic of reportage as of late. German insurer Allianz is on the center stage internationally as the lead insurer for the flight. But as the Indonesian Financial Services Authorities (OJK) had made...
When Gallant Leaves Sebuku Iron Lateritic Ores
PT Sebuku Iron Lateritic Ores (SILO) is one of iron ores producers in South Kalimantan, Indonesia significantly affected by mineral export ban implemented since January 2014. SILO has resumed export of processed ores recently, but Salim Group’s Gallant decided...
Diapers Industry: Investment & Competition
Japanese giant Toray Industries Inc has decided to expand the production facility for high-performance polypropylene spunbond (PP Spunbond) in Indonesia with investment of around 7 billion yen to meet the growing demand from diapers industry. Toray said two weeks ago...