Sukanto Tanoto & Other Stories
Tycoon Sukanto Tanoto has been under substantial pressures from Indonesian authorities in the past few years related to the plantation business Asian Agri. These pressures, however, didn't prevent the tycoon from expanding his business, especially overseas, including...
Paracheilinus nursalim & Bali Turtle Island
Reefbuilders.com reported in April 2011 that Paracheilinus nursalim is one of the new species of flasher wrasses from New Guinea, considered completely unknown in the aquarium world. Turtle Island, meanwhile, is another name of Serangan Island in Bali, a small island...
Sons of Cabinet Members in HIPMI Leadership
There plenty of organizations in Indonesia. To us, some of them matter and some do not. But there are those who are in between, those whose importance we cannot yet conclusively determine. One of them is the Indonesian Young Entrepreneurs Association (HIPMI).
Melinda Aksa’s wedding & The Private Jets
Tribun Timur, a newspaper published in Makassar, reported on Sunday that around 10,000 people, including most of cabinet members and Indonesia's richests attended the party. Four of them were identified of flew in with private jets. They were Putera Sampoerna, Tommy...
Dahlan Iskan: A Reality Check (2)
Dahlan Iskan rose to fame for his 'success' in transforming Jawa Pos into a media powerhouse with hundreds of local newspapers and TV stations. He is now at the center of a conflict with politicians in the House of Representatives (DPR) and forced president SBY to...
Dahlan Iskan: A Reality Check (1)
Dahlan Iskan’s popularity shot up when in October 19, 2011, he was sworn in by President SBY as minister of state-owned enterprises with his antiques: casual sport shoes. He also told media that actually he rejected President SBY’s offer to become a minister and...
Mayapada & Cougar Logistics
Few months ago, Mayapada Corporation Pte Ltd acquired 19.99% shares of SGX-listed Cougar Logistics Corporation Ltd for S$6.35 million. The company then becomes controlling shareholder of Cougar Logistics and launched transformation of the company. Tahir, director of...
Revisiting Nursalim Group
We haven't seen Sjamsul Nursalim in Indonesia for more than one decade now. His company Gajah Tunggal (GJTL), however, is doing good with net profit of Rp777.7 billion in nine months of 2012 from sales revenue of almost US$1 billion. Gajah Tunggal is now a company...
Asnim Brothers & Maneuvers
Malaysian company Lion Forest Industries Berhad has agreed to acquire 100% shares of plantation company PT Varita Majutama for a cash consideration of US$63.75 million. This is one of the largest acquisitions in the plantation sector year-to-date. What Asnim brothers...
Salim Group after The Tsar
Lim Sioe Liong AKA Soedono Salim has passed away at almost 97 in Singapore Sunday (June 10). He is founder of the conglomeration with businesses spanning from noodle to iron ore, from Indonesia to all over the world. He has actually left the empire to his sons long...