Karli Boenjamin: Business & Politics

He is not as famous as Peter Sondakh, Eka Tjipta Widjaja, Sukanto Tanoto, or TP Rahmat. In fact, some bankers won’t easily notice his name. But for people in the plantation sector, Karli Boenjamin is quite a famous name. But don’t ask what plantation group...

Iwan Valiant & Joesoef Family

Hong Leong Asia Ltd has divested (or maybe we can say it returned back) majority shareholding of PT Karimun Granite to Iwan Valiant Joesoef and Hylton Investments Ltd. Why Iwan Joesoef took back the company? Who’s Iwan Joesoef anyway? It is not clear who owns Hylton,...

The marriage of titans: Soeryadjaja & Eka Tjipta

The Bride: Ms Fanny Maeloa is the daughter of Sukmawati Widjaja (daughter of Eka Tjipta) who married to the late Rudy Maeloa (Eka Tjipta’s nephew). Rudy died from cancer in 1998. Sukmawati is the only daughter from Eka Tjipta’s principal wife. Sukmawati is...

Sitorus & Ganda Group

Martua Sitorus is known for his Wilmar International Ltd, a company with market cap of S$27 billion, listed in Singapore but most of operations in Indonesia. How about his brother Ganda Sitorus? Ganda has established a separate but related business group called Ganda...

Longki Djanggola

For those with business operations or interests in Central Sulawesi province, you might have to start learning more about this guy: Longki Djanggola. He might be confirmed as the new governor in the province, which repeatedly rocked by social conflicts. The most...

Malinda Dee & Political Friends

Malinda Dee is a trending topic still. First we were told that she allegedly embezzled Rp17 billion funds from three Citibank clients when she was relationship manager for the bank’s Citigold. Police then revised up the amount reportedly embezzled to Rp20...

Mo Munshi, Antam Etc

Paramount Mining Corp. Ltd, a company listed on Australia Stock Exchange (ASX), through its subsidiary, PT Paramount Energi, has entered into a strategic partnership with state miner PT Aneka Tambang Tbk to develop coal projects in Indonesia. Earlier, Prosperity...

Bong Chandra & Property Challenge

Bong Chandra is considered ‘No 1 Youngest Motivator in Asia’. We have no idea about the accuracy of this title. But it’s true he is young, 23 years old and CEO of three companies with 150 employees. Monday (March 21), Bisnis Indonesia quoted Bong...

Arifin Family & Business Empire

Bustanil Arifin, former minister of SMEs and cooperatives under Soeharto regime, has just passed away. He leaves behind a business empire with interests in property, plantation, food processing, and retail. One of them might launch an initial public offering (IPO)...

Deddy Hartawan Jamin

Forestry company PT Sumalindo Lestari Jaya (SULI) Tbk, a company controlled by Sampoerna and Sunarko families, has been in dispute with its minority shareholders namely Deddy Hartawan Jamin and Imani United Pte Ltd. Who is Deddy Hartawan Jamin? Sumalindo denied all...
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