Former minister of law and human rights Yusril Ihza Mahendra has been appointed legal advisor by Asian Agri, a company controlled by tycoon Sukanto Tanoto. Asian Agri is trying to challenge the court’s ruling, which forces the company to pay more than US$200...
Weeks into April 9 legislative election, Harry Tanoesoedibjo has intensified his nationwide tour in his capacity as ‘campaign manager’ of Hanura Party and vice president candidate from the party. On the other hand, Media Nusantara Citra (MNCN), considered a locomotive...
Kompas, the largest newspaper in the country, published an article of Hikmahanto Juwana titled ‘Freeport and Newmont’ in its op-ed section this morning. In the article, Kompas only mentioned Hikmahanto as ‘International Law Professor at Law School of...
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...
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...
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...
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 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...
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...
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,...