About Ganjar

The Governor of Central Java Ganjar Pranowo is the man of the hour. The train has been moving faster ever since his nomination as presidential candidate. He has already secured the endorsement from two political parties; the ruling party PDIP and the Islamic party...

Bakrie’s VIVA Worsened

Visi Asia Media (VIVA), the parent of TVOne, recorded revenues of Rp1.69 trillion in 2022, declined 5.5% year on year, but huge loss on foreign exchange (forex) translation and substantially higher finance costs resulted in widened net loss last year. VIVA suffered...

The Fall of TaniHub (2)

In just six years since start-ups in the agritech field have attracted attention, now all these efforts are slowly fading away. Initially, the aspirations of most of the founders were similar, namely breaking the distribution chain from farmers to buyers and...
Kalbe Group Founder Passes Away

Kalbe Group Founder Passes Away

Boenjamin Setiawan, popular as dr Boen, founder of Kalbe Farma (KLBF), the largest pharmaceutical company listed on the Indonesia Stock Exchange (IDX) with market capitalization of Rp98.4 trillion or around US$6.4 billion, has passed away.  Khouw Family is the right...

Laksamana Sukardi returns to politics

Laksamana Sukardi, former minister of state-owned enterprises and former treasurer of PDI-P, has decided to return to politics. Laksamana has joined Partai Kebangkitan Nusantara (PKN), a new political party established by loyalists of Anas Urbaningrum, former chairman...

Moertomo Basoeki passes away

Businessman Moertomo Basoeki (Tjan Swie Tjong), owner of some toll roads in Indonesia, has on Sunday (Feb 12) passed away. He leaves behind a wife, two daughters, and three grandchildren.  Moertomo was chairman of MBMR Group, which owns PT Margabumi Matraraya,...

Probosutedjo Family Feud?

Juniver Girsang & Partners Law Firm published one full page of announcement at Kompas newspaper this morning related to a court ruling in the case between its client Septanto Probosutedjo and other family members of the late Probosutedjo, half-brother of the late...

Robbyanto Budiman passes away

Businessman Robbyanto Budiman, CEO of Wahana Artha Group, one of the largest distributors of motorcycles in the country, has on February 10, 2022 passed away in Gleneagles Hospital, Singapore. The 56 years old leaves behind a wife and three children. Robbyanto has...

Djarum Group & Nickel Industry

Who’s not in the nickel industry is like who’s not in the coal mining industry many years ago. Almost all major business groups in the country have been involved in the industry, including Djarum Group, which is owned by Indonesia’s richest family the Hartonos.  Our...

Property player to watch: SPS Group

Property developer, PT Sri Pertiwi Sejati (SPS) Group will develop Cikarang International City (Cinity) as a center for commercial and residential areas in Cikarang, West Java province for Rp20 trillion of investment in its first stage. Sitting in 500 hectares of...
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