Mahakam Group: Consumer & Healthcare Giant
Iodine, antiseptic dry tissue for woman’s intimate organ, vaginal ozone therapy, five-star boutique hotel, laundry and dry cleaning services, chili sauce, tomato sauce, syrup, pastries and cake, and anesthetic gas are products and services linked to Mahakam Group.
Igor’s Pastry Shop
The Indonesian bakery and pastry business continues to grow. More and more bakeries are opening up shop in shopping malls and strategic areas. Known players in the business are Breadtalk Indonesia of Johnny Andrean Group, Holland Bakery of PT Mustika Citra Rasa, Tous Les Jours of PT. Tousindo Primamulia and Bread Life Bakery of PT Dunia Makmur Jaya.
New Acting Chairman of PPP: Emron Pangkapi (Part II)
Emron Pangkapi’s ties with the United Development Party (PPP) was formed during the period of his career as a journalist at Harian Pelita from 1979 to 1982. And as you may know, Harian Pelita was an official newspaper of the PPP. Soeharto’s New Order regime closed the newspaper down after the 1982 election. From there onwards, Emron maintained his political affiliation with the PPP while continuing his journalistic career at other medias.
Private Equity’s Target: Champ Group Restaurants
Mizuho Financial Group has entered The Duck King restaurant. Falcon House Partners enters Ta Wan Restaurant chain. Who’s entering The Champ Group? What is Champ Group?
New Acting Chairman of PPP: Emron Pangkapi (Part I)
Emron Pangkapi has just been appointed as new Acting Chairman of the United Development Party (PPP) to replace Suryadharma Ali. The decision was reached in a dramatic meeting of PPP’s top executives held last night. This is the second time for Emron Pangkapi to be appointed as PPP’s Acting Chairman. So, who is this politician? Why has he become the default choice?
Wings Group Co-Founder Passes Away
Wakidjo Tanojo (Tan Siek Kie), one of founders of Wings Group—consumer goods giant, has on September 6, 2014 passed away at 96. He is survived wife Christine Tanoyo (Liauw Tjiauw Hwie) and three children (Hendrik Tanojo, Luciana Tanoyo, and Suzanna Tanojo.
Gelael Family & Businesses
Dick Gelael is considered one of pioneers of modern retail industry in Indonesia. He started out Gelael Supermarket in early 70s. In late 70s, Dick started out Kentucky Fried Chicken fast food chain, which has now become the largest player with 467 outlets. Dick passed away yesterday. Dick is survived his wife Elizabeth, two sons (Ricardo and Fabian) and daughter Noni. They are all, except Noni, members of the board of commissioners and directors of Fast Food Indonesia.
Revisiting Aspac Group & The Harjonos
Aspac is a popular name in Indonesian Basketball League. Irawan Haryono (Kim Hong) is owner of the club. Irawan’s brothers Hendrawan and Setiawan, meanwhile, were famous for the scandal surrounding Bank Aspac. What’s happened with the group recently?
Jokowi: I’m Ready to Swallow Bitter Pills
Kontan business paper published an interesting exclusive interview with president elect Joko ‘Jokowi’ Widodo about various economic issues this morning. Excerpts of the interview conducted by Kontan journalist Barly Haliem are provided here.
New Jakarta Police Chief: Unggung Cahyono
Today (Sep. 3), the National Police office is going to hold a handover ceremony for a number of police officers that have been promoted according to the Secret Telegram ST/1717/IX/2014 issued on Monday (Sep.1). The Jakarta police chief Inspector General Dwi Priyanto is to be chief of Public Supervision Inspectorate to replace Commissioner General Anton Bachrul Alam, who is due to retire on Sep. 1. The man who will replace Inspector General Dwi Priyanto as the new Jakarta police chief is Inspector General Unggung Cahyono, the former East Java police chief.