New Minister of SOEs Rini Mariani Soemarno
Rini Mariani Soemarno is another controversial name in the new cabinet due to her alleged involvement in scandals of the past. Rini was once questioned as witness in graft cases by the Corruption Eradication Commission (KPK). But the KPK Spokesperson Johan Budi recently stressed the point that being a witness related to a graft cases does not mean a person is undeserving of a ministerial position.
Coordinating Minister for Human Development & Culture Puan Maharani
Puan Maharani’s appointment as the Coordinating Minister for Human Development and Culture drew a lot of negative remarks. But it’s a done deal. Those who disapprove may say what they want to say, but nothing will change the fact that from now onwards, Puan Maharani will be responsible for delivering President Joko “Jokowi” Widodo’s pro-poor programs in healthcare and education, on top of being responsible for poverty eradication and improvement of welfare.
PT. Terang Dunia Internusa of United Bike
Established in 1975 by Tan Mong Kong, United Bike began as a bicycle importer under PT Bintang Timur. The development into bicycle manufacturing did not happen until the early 1990s under PT Terang Dunia Internusa. Today, the company is managed by Stephen Mulyadi, Henry Mulyadi and Andrew Mulyadi.
PT Wijaya Indonesia Makmur Bicycle Industries of WIM Cycle
PT Wijaya Indonesia Makmur Bicycle Industries is one of the oldest bicycle manufacturers in Indonesia. Established by Hendra Widjaja in 1972 as a bicycle part manufacturer under CV Indonesia Makmur, Hendra Widjaja decided to develop his business into full-fledge bicycle manufacturing in 1976 under PT Wijaya Indonesia Makmur Bicycle Industries.
Minister of Communications and Informatics Rudiantara
The new Minister of Communication and Informatics Rudiantara is known for his extensive background in the industry. Aside from being one of the commissioners of Indosat (ISAT)—together with Rachmat Gobel the new Minister of Trade—, Rudiantara is also known as a former executive of XL Axiata and Semen Gresik, and, last but not least, PT Rajawali Asia Resources, a company controlled by tycoon Peter Sondakh.
Healthcare Minister Nila Djuwita Moeloek
Nila Djuwita Moeloek nearly became the Minister of Health in President Susilo Bambang Yudhoyono’s first cabinet. But for some reason, her name was dropped in the last minute and President SBY appointed the late Endang Rahayu Sedyaningsih instead. Nila was reportedly shocked by the last-minute exclusion, but before long, President SBY made her the country’s special envoy for Millenium Development Goals. Now that she’s been entrusted with the Ministry of Health by President Joko “Jokowi” Widodo, we wonder whether she’s the right person for the job.
Polygon Bicycle’s PT Insera Sena
The three big bicycle producers in Indonesia are PT Insera Sena of Suryanto Wijaya based in Sidoarjo, East Java Province; PT Terang Dunia Internusa of Stephen Mulyadi based in Jakarta; and also PT Wijaya Indonesia Makmur Bicycle of Hendra Widjaja based in Surabaya, East Java Province. Today, we’ll have a look at PT Insera Sena the producer of Polygon bicycles.
Indonesian Cassava Industry: Cargill Indonesia and Sungai Budi Group
The two largest cassava industry players in Indonesia—which produce sorbitol, tapioca flour, and other cassava derived products—are PT Sorini Agro Asia Corporindo Tbk (IDX: SOBI) in Pasuruan, East Java and also PT Budi Starch & Sweetener Tbk of Sungai Budi Group (IDX: BUDI) in Bandar Lampung, Lampung Province.
Mahkota Group & People Behind (II)
Two construction companies, 10 plantation companies, one palm kernel crushing plant & refinery, one rubber factory, four property companies, one transportation, and two foundations engaged in education are among entities controlled by Mahkota Group. Yet, public knew very little about people behind the group.
Mahkota Group & People Behind
Mahkota Group has just inked a lucrative deal with state-owned coal producer PT Tambang Batubara Bukit Asam (PTBA) Tbk. Mahkota Group will get Rp861.38 billion in cash from divestment of subsidiary PT Bumi Sawindo Permai. Who’s behind Mahkota Group?