Hillcon & Its Key Persons

Jun 17, 2022 | Profiles

Hillcon, which has just launched an initial public offering (IPO), is a fast growing contractor in Indonesia, thanks to aggressive investments by Tsingshan and partners in the nickel processing. More nickel smelters in the Indonesia Weda Bay Industrial Park (IWIP),...

Those continue to invest: Hanwa

Jun 9, 2022 | Profiles

Hanwa Co Ltd is one of the largest companies in the region with sales revenue of 2.16 trillion yen and operating profit of 62.3 billion yen in the fiscal year ended March 31, 2022. The Japanese company enjoyed strong growth, among others thanks to its overseas...

Bumi Resources Minerals (BRMS) and Consolidation of Salim Group’s Mining Assets

Jun 8, 2022 | Profiles

Shares of BRMS opened lower by 0,9% to Rp228 this morning. Still, it is one of the best performing stocks year-to-date with gain of more than 100% as investors continue to speculate on future consolidation of Salim Group’s mining assets.  Salim Group has collected...

Sariaatmadja-Tanoesoedibjo

Apr 25, 2022 | Profiles

Jessica Herliani, daughter of Hary Tanoesoedibjo (MNC Group), has tied the knot with Jonathan Natakusuma, son of Fofo Sariaatmadja (Emtek Group). MNC and EMTEK are two of the largest media groups in the country. MNC controls TV stations like RCTI, MNC TV and TPI,...

Gudang Garam (GGRM): Beyond Cigarette

Apr 21, 2022 | Profiles

Shares of Gudang Garam (GGRM), a major cigarette producer, ended higher by 2% to Rp31,225 on Wednesday to make a market capitalization of Rp60 trillion, only slightly above its equity (Rp59 trillion). Sarana Menara Nusantara (TOWR), a telecommunication infrastructure...

Revisiting Musim Mas

Apr 21, 2022 | Profiles

PTS, general manager corporate affairs of Musim Mas, one of the largest processors of crude palm oil (CPO) into cooking oil, oleochemicals, and biodiesel, has recently been named suspect in the so-called ‘cooking oil mafia’ case. Like two other groups implicated in...

Revisiting Permata Hijau Group

Apr 20, 2022 | Profiles

Stanley Ma, assistant to director for corporate affairs at Permata Hijau Group, has been named suspect by Attorney General’s Office (AGO) in the so-called ‘cooking oil mafia’ scandal. Alongside Wilmar and Musim Mas, the group might also be named corporate suspect in...

Unifam Group & People Behind

Apr 13, 2022 | Profiles

Dahlia Pangjaya, wife of the late Harsono Pangjaya, founder of Unifam Group has on Sunday (Apr 10) passed away at 75 years old. She leaves behind seven children, 13 grandchildren, and a business group with interest mainly in food & beverages. The children are...

The New OJK Leadership

Apr 8, 2022 | Politics, Profiles

The House of Representatives (DPR) Commission XI has elected seven new commissioners of the Financial Service Authority (OJK) for the 2022-2027 period from 14 candidates proposed by President Joko “Jokowi” Widodo. Among the said seven new commissioners, Mahendra...

Raymond Pribadi passes away

Apr 8, 2022 | Profiles

Raymond Pribadi, son of businessman Henry Pribadi, has passed away on April 5 in Cedars Sinai Hospital, Los Angeles (USA) at 45 years old. Raymond, commissioner of PT Solusi Sinergi Digital Tbk (WIFI), leaves behind a wife (Veronika) and three children (Sheina,...