Arrow Resources: Hans Karundeng & Partners
About two years ago, national media reported that Arrow Resources, whose major shareholder is Indonesian businessman Hans Karundeng, planned to kick off a US$2.5 billion project, consisted of 10 ethanol plants, corn farming, and eucalyptus plantation. On Tuesday,...
Anas Urbaningrum’s R(E)volution
'Not too long ago, now she don't love me anymore. Not too long ago, now I got tears in my eyes. Not too long ago, now she don't want me anymore...' Demokrat Party chairman Anas Urbaningrum may have been singing this Nick Lowe song quite regularly in the past few...
Karli Boenjamin: Business & Politics
He is not as famous as Peter Sondakh, Eka Tjipta Widjaja, Sukanto Tanoto, or TP Rahmat. In fact, some bankers won't easily notice his name. But for people in the plantation sector, Karli Boenjamin is quite a famous name. But don't ask what plantation group or how many...
Iwan Valiant & Joesoef Family
Hong Leong Asia Ltd has divested (or maybe we can say it returned back) majority shareholding of PT Karimun Granite to Iwan Valiant Joesoef and Hylton Investments Ltd. Why Iwan Joesoef took back the company? Who’s Iwan Joesoef anyway? It is not clear who owns Hylton,...
The marriage of titans: Soeryadjaja & Eka Tjipta
The Bride: Ms Fanny Maeloa is the daughter of Sukmawati Widjaja (daughter of Eka Tjipta) who married to the late Rudy Maeloa (Eka Tjipta’s nephew). Rudy died from cancer in 1998. Sukmawati is the only daughter from Eka Tjipta’s principal wife. Sukmawati is married to Mr Kenneth Lian, president director of listed property company PT Suryamas Dutamakmur Tbk.
Sitorus & Ganda Group
Martua Sitorus is known for his Wilmar International Ltd, a company with market cap of S$27 billion, listed in Singapore but most of operations in Indonesia. How about his brother Ganda Sitorus?
Longki Djanggola
For those with business operations or interests in Central Sulawesi province, you might have to start learning more about this guy: Longki Djanggola. He might be confirmed as the new governor in the province, which repeatedly rocked by social conflicts. The most...
Malinda Dee & Political Friends
Malinda Dee is a trending topic still. First we were told that she allegedly embezzled Rp17 billion funds from three Citibank clients when she was relationship manager for the bank's Citigold. Police then revised up the amount reportedly embezzled to Rp20 billion....
Mo Munshi, Antam Etc
Paramount Mining Corp. Ltd, a company listed on Australia Stock Exchange (ASX), through its subsidiary, PT Paramount Energi, has entered into a strategic partnership with state miner PT Aneka Tambang Tbk to develop coal projects in Indonesia. Earlier, Prosperity...
Bong Chandra & Property Challenge
Bong Chandra is considered 'No 1 Youngest Motivator in Asia'. We have no idea about the accuracy of this title. But it's true he is young, 23 years old and CEO of three companies with 150 employees. Monday (March 21), Bisnis Indonesia quoted Bong saying his company...