Cahyadi Kumala Named Bribery Suspect, Sentul City?

The Corruption Eradication Commission (KPK) has finally named Kwee Cahyadi Kumala AKA Swie Teng suspect in bribery case implicating Bogor Regent Rachmat Yasin. What about his property asset Sentul City (BKSL)? KPK spokesperson Johan Budi SP told reporters Tuesday...

Indonesian Ice Cream Industry: Wall’s of Unilever

Unilever Indonesia expanded the presence of their Wall’s Ice Cream brand in 1992 by establishing a factory in Cikarang, West Java. The factory produced their popular Conello ice cream cone and Paddle Pop ice cream stick for the Indonesian consumers. The Anglo-Dutch...

Indonesian Ice Cream Industry: Walls and Campina

Campina and Walls are two of the largest ice cream brands in Indonesia. Walls is by PT Unilever Indonesia Tbk (IDX: UNVR) and Campina is by PT Campina Ice Cream Industry, a joint venture between Darmo Hadipranoto, the founder of Campina Ice Cream, and Sabana...

The Senayan Complex Part III

The Senayan Complex has a rich and controversial history. The 2.7 million square meter (270 Ha), state-owned Complex was divided into smaller plots. Some of which were leased out to private sector entities for various types of business establishments.  And this is...

Hari Hardono & Saraswanti Group

Saraswanti is a diversified business group with interest in compound fertilizer for plantations, property, oil palm plantation, laboratory, paper, and transportation. One of the divisions, compound fertilizer, is in the process of raising funds from the capital market...

Property Assets of Soeharto Planet (II): Tommy Soeharto

Late last year, Tommy Soeharto, the youngest son of the late president Soeharto, visited the City Hall to meet then Jakarta governor Joko ‘Joko’ Widodo. Tommy basically invited Jokowi, now president elect, to attend the official ground breaking ceremony of Mangkuluhur...

Property Assets of Soeharto Planet (I): The Probosutedjos

PT Mahkota Real Estate published one full-page announcement Thursday (Sept 18) regarding its standing position in the disputed 16,600 square meter land at the prestigious Jl Jenderal Sudirman Jakarta. The land, next to the Arthaloka Building, was one of assets linked...

The Senayan Complex, Part II

The Senayan Complex encompasses a vast 2.7 million square meter (270 Ha) land area. A significant portion of the Senayan Complex plots are leased to over a dozen private entities for private sector uses, including the plots within the Senayan Sports Complex. But for...

Supreme Justice Artidjo Alkostar

Supreme Justice Artidjo Alkostar has once again harvested praises after dropping heavier punishment to graft convict and former PKS Chairman Luthfi Hasan Ishaaq. For his impressive track record at the Supreme Court, Artidjo’s name has reportedly been considered by...

The New Leaders of the 2014-2019 Supreme Audit Agency

The Finance and Banking Commission of the House of Representative (DPR) otherwise known as the Commission XI has just selected five names to be added into the 2014-2019 Supreme Audit Agency (BPK) Leadership. The selection of the new leaders of BPK took place yesterday...
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