Mulia Group: Now & Then
Mulia Group is still one of the largest property developers in the country. The group is also integrated with construction materials through companies like Mulia Industri, Mulia Glass, and Mulia Keramik. The property arm, Mulialand, has announced its plan to go...
Real Owners of Truba Alam
PT Truba Alam Manunggal Engineering (TRUB) Tbk is under the spotlight for suspicion on money laundering activities. The company's share price has skyrocketted to Rp800 from its IPO price at Rp110. Who are the real owners of the company? According to its prospectus...
The Tirtamas Trio (2): Honggo Wendratno
Honggo Wendratno has 25% shares in Tirtamas Group. He is the spokesperson of the group in the last few years, including gigantic effort to regain controls over petrochemical assets like Tuban Petro, Petro Oxo Nusantara, and Polytama Propindo. Who is he?
Peter Sondakh
Peter Sondakh is the front-runner in government's plan to divest up to 49% shares of flag carrier PT Garuda Indonesia. Who is he? Political affiliation? Business Interests & networks? Track records? Important inner circle? Peter Sondakh, the owner of Rajawali...
Chairul Tanjung
Chairul Tanjung is one of the most aggressive businessmen in town. He acquired almost everything, build, expand, new ventures with partners of various backgrounds. Who is he? Business partners? Political affiliation? The family? Chairul's Para Group and Kalla Group...
The Families: Adikoesoemo
Once only known as chemical producer and distributor through flagship companies like PT Aneka Kimia Raya Tbk and PT Sorini Corporation, Adikoesoemo family has increasingly diversified its business into logistic and property business. Haryanto Adikoesoemo is the most...
Kemal Stamboel
Kemal Stamboel has been tipped to replace Sugiharto as the minister for state-owned enterprises. Who is he? Political affiliation? Business interests? Check out his track-record! Kemal Stamboel is a respected professional, former managing director at...
Michael Sampoerna & The Poker Network
Michael Joseph Sampoerna, president director of PT Sampoerna Telekomunikasi, the son of tycoon Putera Sampoerna, is a professional poker player like Indonesian-born poker star John Juanda. For those familiar with poker game, Michael is a famous player and always play...
Wilmar & Synergy: Amalgamation of plantation business in Indonesia
Two palm oil giants have been emerged with Wilmar's acquisition of PPB Oil and the merger of Guthrie, Sime Darby & Golden Hope into Synergy. Both have strong operations in Indonesia and Malaysia, but it's Singapore who get most of the gains. What? Two palm oil...
Mari Pangestu’s mother passed away
Evi Elka Pangestu, mother of Mari Elka Pangestu (minister of trade), passed away on Thursday at 85. Evi, wife of the late economist Yusuf Panglaykim, survived three children (Mari, Tikki, and Pingki) and five grandchildren (Pang, Bayu, Raymond, Alexander, and Budi)