Airlangga’s Affair & the Power Struggle in Golkar

Dec 23, 2021 | Politics, Profiles

The hashtag #AHselingkuh and #AHHarusJawab trended on the social media platform Twitter a few days ago. A woman by the name Rifa Handayani claimed that she had an affair with Airlangga Hartarto, the Coordinating Minister for Economy and the chairman of the Golkar...

Toyota Tsusho’s expanded business partnerships in Indonesia

Dec 20, 2021 | Profiles

Toyota Tsusho Corporation (TTC), the trading arm of Toyota Group, has expanded its investments in Indonesia. TTC has joined CT Corporation, a company controlled by Chairul Tanjung, as the new car terminal operator at the Patimban international port, West Java...

Abhati Group & Sidarta Family

Nov 23, 2021 | Profiles

It is long overdue to do a note on this group. The group made headlines recently because of its decision to sell PT Megasetia Agung Kimia, which claimed itself as leading distributor for specialty ingredients for the pharmaceutical industry, to the global leading...

Thomas Mintarja Gani passes away

Nov 23, 2021 | Profiles

Thomas Mintarja Gani, co-founder of Tansri Gani Group (TSG) and industrial estate company Kawasan Industri Jababeka (KIJA), has on Monday (Nov 22) passed away at 86 years old. He leaves behind five children and 13 grandchildren. Born as Gan Tjun Min, the late Gani has...

Hiskak Secakusuma passes away

Oct 18, 2021 | Profiles

Businessman Hiskak Secakusuma, co-founder of Metropolitan Group, one of the largest property groups in Indonesia, has passed away on Friday, October 15 at 84 years old. The group’s flagship company is the IDX-listed PT Metropolitan Land Tbk, a company with total...

Here comes Zifivax

Oct 8, 2021 | Profiles

Zifivax, an mRNA-based Covid-19 vaccine developed by Anhui Zhifei Longcom Pharmaceutical (China), has just secured Emergency Use Authorization (EUA) from Indonesian Food and Drug Administration (BPOM). Like China Sinovac, which is locally produced by state vaccine...

Anderson Sumarli’s Ajaib

Oct 6, 2021 | Profiles

Investment platform Ajaib claimed itself as Indonesia’s seventh unicorn and the first investment fintech unicorn in Southeast Asia yesterday following US$153 million round of financing from China-based DST Global with participation from Alpha JWC, Ribbit Capital,...

Rahardja Family’s Nickel Interests

Sep 28, 2021 | Profiles

The late businessman Hadi Rahardja (passed away on Sunday, Sept 26) leaves behind four children, five grandchildren, and some controversial nickel mining assets. First, we need to update family members of Hadi, co-founder of industrial estate developer Jababeka...

Hadi Rahardja passes away

Sep 27, 2021 | Profiles

Hadi Rahardja, co-founder of Kawasan Industri Jababeka (KIJA), one of pioneers of industrial estate development in the country, has just passed away on Sunday (Sept 26) at 80 years old in Jakarta.  Hadi is listed commissioner of KIJA, one of the largest industrial...

People behind Bank Aladin Syariah

Sep 24, 2021 | Profiles

Bank Aladin Syariah (BANK) is one of the most ‘valuable’ stock on Indonesia Stock Exchange (IDX) as it is valued 36 times its equity by June 30, 2021. Claiming itself a digital bank, Aladin currently has market capitalization of Rp41.4 trillion, nearly twice the value...