Bakrie & Brothers (BNBR) reported strong performance in the first nine months of 2019 with net profit of Rp342 billion against loss of Rp1.23 trillion in the corresponding period last year, thanks to improved sales revenues and margins. BNBR, however, only has a market capitalization of Rp1.04 trillion or 0.3 x equity as at Sept 30, 2019.

MNC Investama (BHIT), holding company of MNC Group (Hary Tanoesoedibjo) booked net profit of Rp351.26 billion in the first nine months of 2019 against loss of Rp549.28 billion in the corresponding period of 2018. The company, however, has market capitalization of Rp4.9 trillion or 0.2 x equity as at Sept 30 (Rp30.99 trillion).

Djarum Group, controlled by the Hartonos, is in good shape with Bank Central Asia (BBCA) reporting net profit of Rp20.92 trillion in the first nine months of 2019, an increase of 13% from the corresponding period last year. The Hartonos should be cash-rich because BCA paid out cash dividend of Rp6.29 trillion in Jan-Sep 2019, jumped by nearly 46% from the corresponding period last year.

Luhut Binsar Pandjaitan admitted he was about to pack his things when the State Palace asked him to meet President Joko ‘Jokowi’ Widodo ahead of the announcement of new cabinet. He thought that Jokowi would move him to other portfolio in the cabinet. Turned out that Jokowi not only maintaining the retired general in his post, but adding his authority.

Yohana Theodora Juniati (Sie Yauw Nio), wife of Djoenaedi Joesoef (Djoe Djioe Liang), passed away October 2nd, 2019. Djoenaedi is founder of Konimex, one of the largest pharmaceutical players in the country, which is famous with OTC brands like Paramex, Konidin, and Inza. Yohana leaves behind four children and eleven grandchildren.

He’s known for being easy to get along with people. This is why journalists found it easy to contact him. He was under the spotlight when a video of him, Aburizal Bakrie, and two young female celebrities (Marcella Zalianty and Olivia Zalianty) vacationing in Maldives was leaked on March 21, 2014 on YouTube.

Bank Bukopin issued an interesting warning in newspapers this morning, demanding 23 companies to immediately settle their payments within seven days. One of the companies is known  for Rp300 billion loan facilities secured seven years ago to build an apartment in Daan Mogot, West Jakarta.

Puan appears to be a calm figure outside, but she’s actually not afraid of confrontation. The Jakarta Post observed the relationship dynamics between Puan and President Joko “Jokowi” Widodo back in 2014. According to the Jakarta Post there was infighting a few hours after the quick-count results of the 2014 legislative election. Jokowi, the Post wrote, was “disappointed” with PDIP’s performance.

Personal data Registered Name: Sri Mulyani Indrawati Known Nicknames: Sri Mulyani Date of Birth: August 26, 1962 Place of Birth: Bandar Lampung, Lampung Province Gender: Female Religion: Islam Ethnicity: Javanese Known hobbies: Painting, Writing Family Relations by...