Speculations continue on a surprise move from Karen Agustiawan to resign as CEO of state-owned oil and gas company Pertamina. Karen herself informed Pertamina workers and shareholders that she resigns for personal reasons. Media quoted various sources, including...
The two big players in the cinema business in Indonesia are Blitzmegaplex of PT Graha Layar Prima Tbk and 21 Cineplex of PT Nusantara Sejahtera Raya. The 21 Cineplex Group was established in 1987 by Sudwikatmono in partnership with Benny Suharman, whereas...
Minister of state-owned enterprises Dahlan Iskan said this morning that he has proposed to the Final Assessment Team (TPA) led by President SBY to appoint Ignatius Jonan, CEO of state-owned railway company PT Kereta Api Indonesia, as the new CEO of PT Perusahaan...
Many Indonesian film fans would not forget the success of the Indonesian musical film “Petualangan Sherina” (Sherina Adventure). The film was directed by the young director Riri Riza and produced by Mira Lesmana in the year 2000 under PT Miles Production (Miles...
Andi Widjajanto, deputy chief of Transition Team for president elect Joko ‘Jokowi’ Widodo, disclosed today that Prananda Prabowo, son of Megawati Soekarnoputri (Indonesia’s fifth president and chairperson of PDI-P), has been appointed head of a...
Chand Parwez Servia is the founder of PT Kharisma Starvision Plus. He is also the head of distribution and marketing of the Indonesian Film Companies Association (PPFI). Mr. Chand was is not a newcomer in the Indonesian film industry. In the 80s, Mr. Chand started...
Ody Mulya Hidayat is one of the players in Indonesia’s film industry. He is the Secretary General of the Indonesian Film Companies Association (PPFI). Ody is also one of the co-founders of PT Maxima Pictures, a production company established in 2004 by Yoen K., Ody...
Garment player Golden Flower Group, controlled by the family of Po Soen Kok, expanded into property business in 1999 with the establishment of SGX-listed Pollux Properties Ltd. The company’s shares on SGX, however, are not liquid. Its market capitalization is only...
The family of Haji Abdul Rasyid AS is now among billionaires in Indonesia. Their plantation company PT Sawit Sumbermas Sarana (SSMS) Tbk currently has market capitalization of Rp12.05 trillion or about US$1.05 billion, about 4.5 times equity as at June 30, 2014. What...
In exactly one month, the House of Representatives (DPR) will conduct a fit-and-proper test to select the new nine members of the Supreme Audit Agency (BPK). As you may already know, the BPK is a key state agency that hold the strategic duty of monitoring the state’s...