SKK Migas Scandals: Adaro, Waryono Karno et al

Feb 10, 2014 | Profiles

Few years ago, when Purnomo Yusgiantoro (now defense minister) was energy and mineral resources, Mining and Energy Foundation (Yayasan Pengembangan Energi otherwise known YPE) handed out scholarships to 600 students. Back then, YPE chairman was Waryono Karno, who was...

Jakarta Journal: Interesting Days Ahead

Feb 10, 2014 | Profiles

A lot of interesting events have happened at the capital city of Jakarta ever since Governor Joko “Jokowi” Widodo and Vice Governor Basuki “Ahok” Purnama took control of the city’s administration in 2013. This week in particular, two...

Sritex Group After Lukminto (3)

Feb 7, 2014 | Profiles

Shares of textile giant Sri Rejeki Isman (SRIL), popular as Sritex, dropped sharply by almost 7% Thursday (Feb 6) as investors digest two main stories of the day: Muhammad Lukminto, founder of Sritex, passed away in Singapore and SRIL kicks off the issuance of US$350...

National Healthcare Insurance vs Jakarta Healthy Card

Feb 7, 2014 | Profiles

As we’ve reported before, the central government has begun implementing the National Health Insurance (NHI) program under the management of the Social Insurance Implementing Body for Health (BPJS Kesehatan). The first phase of the roll out involves enrolling 76...

Sritex Group After Lukminto (2)

Feb 7, 2014 | Profiles

Sritex has unique relationship with Indonesian politics for several reasons. First, the factory produces military uniforms/suits. Second, the factory employes about 20,000 workers/voters. Third, Lukminto, the founder, was closely linked to political elites ranging...

Sritex Group After Lukminto (1)

Feb 7, 2014 | Profiles

Detik.com reported Wednesday (Feb 5) night that H Muhammad Lukminto, founder and controlling shareholder of listed textile giant PT Sri Rejeki Isman (SRIL) Tbk, passed away in Singapore Wednesday at 67. Prospect of Sritex after the late Lukminto, who is known...

Lawmaker Candidates from Business Sector (IX)

Feb 7, 2014 | Profiles

This is the ninth edition of our series of article about lawmaker candidates and their business backgrounds, which might be related to connections between political party leaders and business groups. In this edition, we focus on election areas of Aceh, West Sumatra,...

Mass Layoffs Post Mineral Export Ban (3)

Feb 7, 2014 | Profiles

Tribunnews.com reported from Kendari, the capital city of Southeast Sulawesi province, few hours ago that about 14,000 workers at 47 nickel mining companies have been laid off without severance following implementation of mineral ore export ban since January 12, 2014....

SKK Migas Scandals: Ibas, Chevron, Priyono…(III)

Feb 5, 2014 | Politics, Profiles

Pressures have been mounted to the Corruption Eradication Commission (KPK) to immediately examine Deni Karmaina, allegedly high school friend of Edhie Baskoro Yudhoyono (Ibas), in graft scandals surrounding SKKMigas, the powerful upstream oil and gas regulatory body....

SKK Migas Scandals: Ibas, Chevron, Priyono…(II)

Feb 5, 2014 | Politics, Profiles

It was initially Kernel Oil. Investigations then led to other names: Deviardi, golf trainer of Rudi Rubiandini, revealed about Surya Esa Perkasa, Panca Amara Utama, and Parna Raya Group. Gerhard Marteen Rumeser, Rudy’s former deputy, mentioned about PT Timas and...