Minister Gita Wirjawan?
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...
Minister Karen Agustiawan?
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...
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....