New Acting Chairman of PPP: Emron Pangkapi (Part II)

Sep 10, 2014 | Politics, Profiles

Emron Pangkapi’s ties with the United Development Party (PPP) was formed during the period of his career as a journalist at Harian Pelita from 1979 to 1982. And as you may know, Harian Pelita was an official newspaper of the PPP. Soeharto’s New Order regime closed the...

Private Equity’s Target: Champ Group Restaurants

Sep 10, 2014 | Profiles

Mizuho Financial Group has entered The Duck King restaurant. Falcon House Partners enters Ta Wan Restaurant chain. Who’s entering The Champ Group? What is Champ Group? Our source said Capsquare Capital is working on investment package for Champ Group (PT Champ Resto...

New Acting Chairman of PPP: Emron Pangkapi (Part I)

Sep 10, 2014 | Politics, Profiles

Emron Pangkapi has just been appointed as new Acting Chairman of the United Development Party (PPP) to replace Suryadharma Ali. The decision was reached in a dramatic meeting of PPP’s top executives held last night. This is the second time for Emron Pangkapi to be...

Wings Group Co-Founder Passes Away

Sep 9, 2014 | Profiles

Wakidjo Tanojo (Tan Siek Kie), one of founders of Wings Group—consumer goods giant, has on September 6, 2014 passed away at 96. He is survived wife Christine Tanoyo (Liauw Tjiauw Hwie) and three children (Hendrik Tanojo, Luciana Tanoyo, and Suzanna Tanojo....

Gelael Family & Businesses

Sep 5, 2014 | Profiles

Dick Gelael is considered one of pioneers of modern retail industry in Indonesia. He started out Gelael Supermarket in early 70s. In late 70s, Dick started out Kentucky Fried Chicken fast food chain, which has now become the largest player with 467 outlets. Dick...

Revisiting Aspac Group & The Harjonos

Sep 5, 2014 | Profiles

Aspac is a popular name in Indonesian Basketball League. Irawan Haryono (Kim Hong) is owner of the club. Irawan’s brothers Hendrawan and Setiawan, meanwhile, were famous for the scandal surrounding Bank Aspac. What’s happened with the group recently? We’re not here to...

Jokowi: I’m Ready to Swallow Bitter Pills

Sep 3, 2014 | Profiles

Kontan business paper published an interesting exclusive interview with president elect Joko ‘Jokowi’ Widodo about various economic issues this morning. Excerpts of the interview conducted by Kontan journalist Barly Haliem are provided here. Kontan/Q: What are...

New Jakarta Police Chief: Unggung Cahyono

Sep 3, 2014 | Politics, Profiles

Today (Sep. 3), the National Police office is going to hold a handover ceremony for a number of police officers that have been promoted according to the Secret Telegram ST/1717/IX/2014 issued on Monday (Sep.1). The Jakarta police chief Inspector General Dwi Priyanto...

Impending Changes in SOE Leadership: PLN

Sep 3, 2014 | Politics, Profiles

Apart from the impending changes in the leadership of the 2014-2019 House of Representatives (DPR) and the ministries, the changes of leadership in the State-Owned Enterprises (SOEs) are also interesting to watch. As you may know, massive state-owned companies such as...

Waiting for More Actions at Nursalim Planet (II)

Sep 3, 2014 | Profiles

Nursalim Family, through Tuan Sing Holdings Ltd, a company listed on the stock exchange of Singapore (SGX), is known property developer in Singapore and China. On Tuesday, September 2nd, Tuan Sing launched an acquisition of A$126.04 million in Australia. How about...