Gita Wirjawan is named the 'richest' cabinet member with over US$40 million of wealth. As minister of trade, he is expected to boost Indonesia's export profile, but at the same time protecting domestic market from influx of imported products. Hours after the...

Sharif Cicip Sutardjo (some writes Syarief Tjitjip Soetardjo, old bahasa), businessman and politician from Golkar Party, has been installed new minister of fisheries and marine affairs. Cicip replaced Fadel Muhammad. Both are deputy chairman of Golkar Party led by...

Evert Erenst Mangindaan, a retired Lt general, has been installed new minister of transportation, replacing Freddy Numberi. His close friends called him Lape. Transportation is a strategic ministry. People in the oil and gas sector, for example, might wonder whether...

President SBY has appointed Demokrat politician and businessman Jero Wacik as minister of energy and mineral resources, replacing his fellow Demokrat politician Darwin Zahedy Saleh. A public rally rejecting Jero Wednesday (Oct 18) failed to influence SBY. Besides, the...

President SBY and Vice President Boediono are reportedly working hard to rebuild the cabinet (for the sake of the three remaining years). Just when most people talk about the cabinet reshuffle, minister of state-owned enterprises (MSOEs) Mustafa Abubakar arrived home...

Karen Agustiawan is one of names circulated (or leaked) as new minister. The 53 year old, the first woman to lead Pertamina, is widely considered new minister of energy and mineral resources, replacing Darwin Zahedy Saleh. Other names include Evita Legowo (director...

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,...

'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...

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...

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,...