The Senayan Complex

Sep 15, 2014 | Profiles

Residents of Jakarta would naturally assume that the historic Senayan National Sports Complex—wherein one can find the famous Gelora Bung Karno stadium—belongs to the Government. But many may not know that the Government also owns the vast expanse of land surrounding...

Mahakam Group: Consumer & Healthcare Giant

Sep 12, 2014 | Profiles

Iodine, antiseptic dry tissue for woman’s intimate organ, vaginal ozone therapy, five-star boutique hotel, laundry and dry cleaning services, chili sauce, tomato sauce, syrup, pastries and cake, and anesthetic gas are products and services linked to Mahakam Group....

Igor’s Pastry Shop

Sep 11, 2014 | Profiles

The Indonesian bakery and pastry business continues to grow. More and more bakeries are opening up shop in shopping malls and strategic areas. Known players in the business are Breadtalk Indonesia of Johnny Andrean Group, Holland Bakery of PT Mustika Citra Rasa, Tous...

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...