Mu’min Ali Gunawan & Panin Bribery Case

Prosecutors from the Corruption Eradication Commission (KPK) mentioned the name of Mu’min Ali Gunawan, owner of Panin Group, in the court hearing of bribery case against Angin Prayitno Aji, former official at Directorate General of Taxation, Ministry of Finance....

Chasing Suyanto Gondokusumo

Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (BLBI), a task force under Minister of Finance Sri Mulyani Indrawati’s supervision to recover funds from some businessmen related to 1997-1998 financial crisis, has stepped up pressures....

Chairul Tanjung’s Allo Bank

Shares of Allo Bank (BBHI), which just secured approval from the Financial Services Authority (OJK) to become a digital bank, soared to as high as Rp4,390 to make a market capitalization of Rp51.3 trillion yesterday before settled at Rp3,720. At the same time, shares...

Ongko Family’s Assets

The family of Kaharuddin Ongko is required to make a Rp8.18 trillion payment related to the liquidity funds provided to Bank Umum Nasional (BUN), which was collapsed in 1997-1998 Asian financial crisis. The question, of course, whether the State can recover the funds...

Going after Trijono Gondokusumo

Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (BLBI), a task force under Minister of Finance Sri Mulyani Indrawati’s supervision to recover funds from some businessmen related to 1997-1998 financial crisis, has stepped up pressures....

Going after the Harjonos

Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (BLBI), a task force under Minister of Finance Sri Mulyani Indrawati’s supervision to recover funds from some businessmen related to 1997-1998 financial crisis, has stepped up pressures....

Obituaries: Harijanto Djojopranoto & Murad Husain

Harijanto Djojopranoto, president director of PT Multibangun Adhitama Konstruksi (Multikon), one of the largest EPC contractors in Indonesia, has passed away in Jakarta on Wednesday (August 18) at 71.  He leaves behind two sons (Albertus Kurniawan Djojopranoto and...

A Truly Global Consortium at SATRIA Satellite Project

The government and PT Satelit Nusantara Tiga (SNT, member of PSN Consortium) have kicked off construction of ground segment of Satellite of Republic of Indonesia (SATRIA) I in Cikarang, West Java province on Wednesday (Aug 18).This is one of the planned 11 ground...

Those leaving us behind

Shinta Subekti, wife of Jusuf Wanandi (cofounder of The Jakarta Post and commissioner of Pakarti Yoga Group), has passed away on Tuesday (Aug 17) at 84. Johnny Gunawan Ong, president technology and engineering Charoen Pokphand Group, meanwhile, passed away on Monday...

Totong Kurniawan passes away

Businessman Totong Kurniawan, co-founder of PT Catur Sentosa Adiprana Tbk (CSAP), one of the largest distributors of building and construction materials, has passed away in Jakarta Wednesday (Aug 11) at 82 years old. Totong leaves behind a wife (Janty), three children...
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