Nov 22, 2011 | News Group, Profiles
Lots of companies listed on the Indonesia Stock Exchange (IDX) have changed their business: from chicken to coal (Cipendawa), from shoes to coal (Hanson), from plywood to coal (Resources Alam), from shrimp farming to coal (ATPK Resources), etc. So, someday, we might...
Oct 25, 2011 | News Group, Profiles
Gita Wirjawan is named the ‘richest’ cabinet member with over US$40 million of wealth. As minister of trade, he is expected to boost Indonesia’s export profile, but at the same time protecting domestic market from influx of imported products. Hours...
Oct 20, 2011 | News Group, Profiles
Sharif Cicip Sutardjo (some writes Syarief Tjitjip Soetardjo, old bahasa), businessman and politician from Golkar Party, has been installed new minister of fisheries and marine affairs. Cicip replaced Fadel Muhammad. Both are deputy chairman of Golkar Party led by...
Oct 19, 2011 | News Group, Profiles
Evert Erenst Mangindaan, a retired Lt general, has been installed new minister of transportation, replacing Freddy Numberi. His close friends called him Lape. Transportation is a strategic ministry. People in the oil and gas sector, for example, might wonder whether...
Oct 18, 2011 | News Group, Profiles
President SBY has appointed Demokrat politician and businessman Jero Wacik as minister of energy and mineral resources, replacing his fellow Demokrat politician Darwin Zahedy Saleh. A public rally rejecting Jero Wednesday (Oct 18) failed to influence SBY. Besides, the...
Oct 6, 2011 | News Group, Profiles
President SBY and Vice President Boediono are reportedly working hard to rebuild the cabinet (for the sake of the three remaining years). Just when most people talk about the cabinet reshuffle, minister of state-owned enterprises (MSOEs) Mustafa Abubakar arrived home...
Oct 5, 2011 | News Group, Profiles
Karen Agustiawan is one of names circulated (or leaked) as new minister. The 53 year old, the first woman to lead Pertamina, is widely considered new minister of energy and mineral resources, replacing Darwin Zahedy Saleh. Other names include Evita Legowo (director...
Aug 23, 2011 | News Group, Profiles
About two years ago, national media reported that Arrow Resources, whose major shareholder is Indonesian businessman Hans Karundeng, planned to kick off a US$2.5 billion project, consisted of 10 ethanol plants, corn farming, and eucalyptus plantation. On Tuesday,...
Aug 16, 2011 | News Group, Profiles
‘Not too long ago, now she don’t love me anymore. Not too long ago, now I got tears in my eyes. Not too long ago, now she don’t want me anymore…’ Demokrat Party chairman Anas Urbaningrum may have been singing this Nick Lowe song quite...