Buana Finance & SDK Group

Buana Finance (BBLD) is not an interesting stock in the context of trading. It is rarely traded. Accordingly, its price might not reflecting true value of the company. Still, the company is interesting because of its aggressive expansion in the past few months, when it raised more than Rp1.25 trillion of loan facilities, bigger than its total equity..

Mysterious Disappearance of JIHD Director

Wisnu Tjandra, one of the directors of the Jakarta International Hotels & Development (JIHD) has been reported missing for more than 10 days. Until today, the whereabouts of the 56 year old remains a mystery. The Jakarta Police is still investigating the case. Several people have been questioned and still no lead.

Family, Relatives and Conflict of Interests

The graft case involving Rievan Afrian, the eldest son of the Minister of Cooperatives and Small and Medium Enterprises Syarief Hasan, who have allegedly abused the influence of his father for the purpose of winning a government tender, brought to fore the importance of paying attention to other relatives of the holder of public positions. The following is a list of family members of the holders of public positions and their businesses.

Marulitua Rajagukguk: Workers’ Lawyer

Marulitua Rajagukguk is a public lawyer working at the Jakarta Legal Aid Foundation (LBH Jakarta). He has been handling labor cases since 2010. The University of Lampung graduate join LBH Jakarta soon after he completed the famous LBH Jakarta’s Legal Aid Work Training for two months in 2009.

SKK Migas & Energy Ministry Scandals: Next Targets?

Thanks to Rudi Rubiandini, former head of SKKMigas, who has been sentenced few years jail, the Corruption Eradication Commission (KPK) named more suspects in scandals surrounding the powerful agency and ministry of energy & mineral resources. Today, KPK named Sutan Bhatoegana, lawmaker from President SBY’s Democratic Party, another suspect. CEO of PT Kaltim Parna Industri Artha Meris Simbolon is also new suspect in the scandals. Who’s next?

GSBI Workers Union

The Federation of Independent Workers Union (GSBI) is one of the grass root workers unions established in the 1980s by a number of labor activists and non-governmental organization activists. GSBI is known as the “rival” of the Confederation of the All-Indonesian Workers Union (KSPSI), the only workers union that was “recognized” by the government during President Soeharto’s New Order years.

Workers Unions & Outsourcing: Workers Opinion

Outsourcing has long been a topic of intense debate between the government and workers union. It has grown to become a complex issue that doesn’t have clearly divided pros-and-cons. We spoke to Retno Kusniati, a garment factory worker and Handono, a security officer from security service provider company, to have a glimpse of workers point of view on outsourcing.

The Federation of Indonesian Chemical, Energy and Mining Workers Union

The Federation of Indonesian Chemical, Energy and Mining Workers Union of the All Indonesian Workers Union, otherwise known as FSPKEP-KSPSI was established in 1985. The union has since been affiliated with the All-Indonesian Workers Union Confederation (KSPSI) and the International Federation of Chemical, Energy, Mine and General Workers Union (ICEM).

BEST Industry Group: People Behind

BEST Industry Group is one of major players in Indonesian palm oil industry. Other than producing palm oil, the group has expanded into margarine, shortening, cooking oil, palm wax, and soap. The group was started out in 1982 by the Tjajadi Family.

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