Apr 27, 2017 | Politics, Profiles
Maj. Gen. Hinsa Siburian has been made as the new Army Deputy Chief of Staff (Wakasad), the second highest position in the Army. He replaces Lt. Gen. M. Erwin Syafitri, who has just entered his mandatory retirement age. Hinsa will thus earn his third star. Hinsa...
Apr 27, 2017 | Commodities, Profiles
State coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA) booked net profit of Rp870.8 billion in the first quarter 2017, skyrocketed 162% from the corresponding period of 2016, thanks to improved margins. Bukit Asam’s sales revenue actually grew only by 28% to...
Apr 26, 2017 | Politics, Profiles
Rumors are going around that the Indonesian Military (TNI) will undergo a leadership change. Suppose the rumor is true, is accelerating the appointment of a new TNI commander the right decision? Who would the President choose and from which military branch? The...
Apr 25, 2017 | Law, Profiles
Two of the biggest television companies, PT Media Nusantara Citra Tbk (MNCN) belonging to Hary Tanoesoedibjo and PT Surya Citra Media Tbk (SCMA) controlled by the Sariaatmadja family, are having a dispute over shareholding in PT Sinemart Indonesia, one of the biggest...
Apr 24, 2017 | Industries, Profiles
Anies Baswedan and Sandiaga Uno, winner of Jakarta election, plan to start their term in October 2017 with divestment of the city administration’s shares in beer producer PT Delta Djakarta Tbk (DLTA). This clearly an opportunity to those have long targeted ownership...
Apr 22, 2017 | Market, Profiles
It becomes clearer that VP Jusuf Kalla and Aksa Mahmud, whom Anies Baswedan consider as ‘parents and relatives’, are main supporters of the winning ticket in Jakarta election. It is disgusting how Erwin Aksa defended his chopper ride service for Anies. But, it won’t...
Apr 19, 2017 | Market, Profiles
PT MNC Sky Vision Tbk (MSKY), pay TV business unit of MNC Group controlled by businessman and politician Hary Tanoesoedibjo, booked net loss of Rp197 billion last year, down 74% from 2015. In the fourth quarter of 2016, however, net loss expanded almost 100% to Rp278...
Apr 19, 2017 | Market, Profiles
State-owned port management company PT Pelindo III, which manages, among others, Tanjung Perak & Teluk Lamong (Surabaya), Tanjung Emas (Semarang), Benoa port (Bali), Kota Baru port (South Kalimantan), and Lembar port (NTB) has just released its full year 2016...
