Jokowi’s Inner Circle: Heru Budi Hartono
Heru Budi Hartono has been appointed new head of presidential secretariat replacing Dharmansyah Djumala, who has been appointed Indonesian Ambassador to Austra in Vienna. Heru, former head of Financial and Asset Management Board of Jakarta provincial administration,...People on the Move
Ivy Santoso has been appointed CEO and director of Acuatico Pte Ltd, a principal subsidiary of Moya Holdings Asia Limited. Moya Holdings is a company controlled by Antoni Salim (Salim Group) engaged in water infrastructure business with main operation in Indonesia....Modern Group & The Collapse of 7-Eleven (2)
Has the collapse of 7-Eleven affected Modern Group’s other businesses, including Moderland Development (MDLN)? Modernland is one of the largest property developers in the country with total assets of Rp14.4 trillion by March 31, 2017. If you look at the table, MDLN is...
Salim Group & The Tourism Industry
Kontan business paper reported yesterday that PT Bintan Resort Cakrawala, indirect subsidiary of Salim Group, and Sriwijaya Air are developing integrated airport (runway and terminal) and maintenance repair overhaul (MRO) facilities in Bintan Island, Riau Islands...Revisiting Bakrie Sumatra Plantation
Bakrie Sumatra Plantations (UNSP) is actually among the oldest plantation companies in Indonesia which claimed of having over 80,000 hectares of planted area for oil palm (65,713 hectares) and natural rubber. The planted oil palm area is only slightly below Sawit...