Dwi Soetjipto Finally

Dwi Soetjipto, former president director of state oil and gas company Pertamina, has on Monday (Dec 3rd) been sworn in new chief of the Upstream Oil and Gas Special Task Force (SKKMigas) to replace Amien Sunaryadi. Born in Surabaya, East Java on November 10, 1955, Mr...

Ridwan Djamaluddin, New SKKMigas Head?

Dr Ridwan Djamaluddin, deputy coordinating minister for maritime affairs, is among those tipped to become new head of the Upstream Oil and Gas Special Task Force (SKKMigas) to replace Amien Sunaryadi. Ridwan graduated from Bandung Institute of Technology (ITB)’s...

The Tjajadi Wedding

Indonesia’s social media circles reacted to the news of one Jusup Maruta Cayadi marrying one Clarissa. The wedding ceremony will be held on December 1, 2018, but the couple’s proposal and engagement videos have been widely circulated on the internet. Everything...

Salim & Medco Partnership

Salim and Medco are among major business groups surviving decades of political changes in the country. Both were benefited from economic development program of Soeharto regime. Interestingly, they decided to join forces in infrastructure development in the country...

Eagle High & Peter-Felda

November contracts of crude palm oil (CPO) fell to RM1,825 per ton on the Bursa Malaysia Derivatives Tuesday, while contracts for most part of 2019 were settled below RM2,300 per ton. This could extend pressure on palm oil producers, especially PT Eagle High...

People on the Move

Winata Hadi Santoso, founder and chairman of Panca Kusuma Raya Group, passed away last week in Singapore. Brother of Soegiarto Adikoesoemo, founder of AKR Corpora (AKRA), the late Winata leaves behind a business group with interest in distribution of chemicals,...
Jokowi’s Four Years

Jokowi’s Four Years

First of all, congrats to Joko ‘Jokowi’ Widodo, who survived a turbulent four years. “I give him three months,” an arrogant leader of a major political party supporting Prabowo Subianto in 2014 election, told a friend in late October 2014. Months later, the guy was...
The Sindoros

The Sindoros

So, Eddy Sindoro has on Friday (Oct 12) surrendered to Indonesian authorities after two years of hiding overseas. Eddy will be facing years of prison term for his role in the bribery case implicating then Supreme Court secretary Nurhadi. Eddy and Doddy Aryanto (staff...
Ie Seng Hoan Passes Away

Ie Seng Hoan Passes Away

Indonesian businessman Ie Seng Hoan, who filed lawsuit against Citibank Singapore back in 2011 for alleged loss us $18.1 million, has on October 7th, 2018 passed away in Jakarta. Ie, through his investment vehicle Zhen Yin Company, seeked US$17 million in damages from...

Benny Gozali Passes Away

Benny Gozali, commissioner of Gajah Tunggal (GJTL), one of the largest tire manufacturers in the country, passed away Sunday (Oct 7) in Jakarta. Benny is one of leaders of Gajah Tunggal Group banned from overseas travel in the infamous BLBI case, wherein former IBRA...
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