SKK Migas Case: Waryono Karyo Suspect, Who’s Next?

Jan 20, 2014 | Profiles

Six months have passed since the Corruption Eradication Commission (KPK) arrested the head of the powerful Upstream Oil & Gas Regulatory Task Force (SKK Migas) Rudi Rubiandini under the suspicion of receiving bribes. A lot has happened since then. One of the...

Salim Group & Mineral Smelting Business

Jan 16, 2014 | Profiles

Salim Group, a diversified business empire controlled by Anthoni Salim, is among aggressive players in mineral business in the country. Other than its gold exploration business through ASX-listed Robust Resources Ltd, Salim Group is growing its iron & steel...

Rusdi Kirana and Politics (Part II)

Jan 15, 2014 | Profiles

Politics can end up being a very gruelling battlefield. But many are willing to take the risk given the multitude of rewards they can bring home if they could play their cards well. A few business people enter into politics precisely for these reasons. They are get in...

Rusdi Kirana and Politics (Part I)

Jan 15, 2014 | Profiles

The Chief Executive Officer of Lion Air, Rusdi Kirana, joined the National Awakening Party (PKB) last week. This is really interesting for a number of reasons. The timing is interesting given that we are only a few months away from April’s legislative election and...

Bumi Resources Debt Restructuring

Jan 10, 2014 | News Group, Profiles

Bumi Resources (BUMI)’s extraordinary general meeting (EGM) of shareholders on December 20, 2013 failed to reach a quorum and was adjourned until today, January 10, 2014. As you know, Asia Resource Minerals Plc (previously Bumi Plc), owner of 29% shares in BUMI,...

Restaurateur: Arief Wirawangsadita

Jan 6, 2014 | News Group, Profiles

In less than 10 years, Arief S Wirawangsadita managed to open more than 60 outlets of Bumbu Desa restaurants in Indonesia and provide jobs for more than 4,000 people. The restaurant, which mainly serves Sundanese cuisine, managed to grow beyond West Java. How many of...

Sukanto Tanoto & Other Stories

Jan 6, 2014 | News Group, Profiles

Tycoon Sukanto Tanoto has been under substantial pressures from Indonesian authorities in the past few years related to the plantation business Asian Agri. These pressures, however, didn’t prevent the tycoon from expanding his business, especially overseas,...

Paracheilinus nursalim & Bali Turtle Island

Oct 31, 2013 | Profiles

Reefbuilders.com reported in April 2011 that Paracheilinus nursalim is one of the new species of flasher wrasses from New Guinea, considered completely unknown in the aquarium world. Turtle Island, meanwhile, is another name of Serangan Island in Bali, a small island...

Sons of Cabinet Members in HIPMI Leadership

May 6, 2013 | Profiles

There plenty of organizations in Indonesia. To us, some of them matter and some do not. But there are those who are in between, those whose importance we cannot yet conclusively determine. One of them is the Indonesian Young Entrepreneurs Association (HIPMI). There...

Melinda Aksa’s wedding & The Private Jets

Apr 30, 2013 | Profiles

Tribun Timur, a newspaper published in Makassar, reported on Sunday that around 10,000 people, including most of cabinet members and Indonesia’s richests attended the party. Four of them were identified of flew in with private jets. They were Putera Sampoerna,...