Saraswanti Group & People Behind
Saraswanti is a group with diversified business interests. Fertilizer, plantation, laboratory, real estate, and others. The group claimed that PT Saraswanti Sawit Makmur had planted over 3,000 hectares of palm oil trees in East Kalimantan. Who's behind the group? PT...
Dexa Medica & Soetikno Family
Dexa Medica is one of the largest pharmaceutical groups in Indonesia. In 2007, the company claimed itself the second largest player for prescription drugs and third largest overall. Established by Rudy Soetikno, the group has expanded into other businesses. Dexa is...
Crisis? PRADA Says No…
Politicians might be hectic in finding ways to defend Euro from debt fears. Others worry on slowing down of China's economy or slower than expected recovery in US. But PRADA, the company that sells luxury items, reported remarkable growth. The Milan-based fashion...
Tanihaha & The Property Business
Bliss Group is said to be an US-based Indonesian family owned property group, which reportedly was established in 1980s. The company has footprints in two regions: Southern California, USA and Eastern Indonesia. In Southern California, the group has developed...
Nirvana Development & People Behind
Property developer PT Nirvana Development (NIRO) Tbk kicks off trading of its shares on Indonesia Stock Exchange (IDX) this morning. It offers 6 billion shares in the initial public offering (IPO) at Rp105 per share to raise Rp630 billion. It starts the trading with...
Modernland Realty & People Behind
Modernland Realty (MDLN) is one of top gainers on Indonesia Stock Exchange (IDX) this year. The stock has gained 125% year-to-date to make a market capitalization of Rp3.38 trillion. The company has just released its first half 2012 results, where net profit...
Sumitomo in Indonesia (3)
Sumitomo Corporation CEO Susumu Kato has just paid a courtesy call to President SBY at the State Palace Tuesday (Feb 7). Susumu pledges about US$10 billion of new investments in various sectors in the country, ranging from geothermal, coal, natural gas, and power...
Haryono Eddyarto & KEPCO
Recently we got rumours that Haryono Eddyarto, controller of ASX-listed Adavale Resources Ltd, which operate several coal concessions across Sumatera-Kalimantan, has recently signed papers with Korea Electric Power Corporation (KEPCO) for Indonesian coal cooperation....
Conglomerate Named Victor Fungkong
Well, he is not as big as Budi Hartono, Susilo Wonowidjojo, Teddy Rahmat, the Widjayas, or Salim. But, his activities deserved attention, especially huge concessions awarded to his group in various sectors. Who is he? Little that we know about his family background....
Elected OJK Leaders: Who’s Who
House Commission XI (overseeing bank, capital market, insurance, etc) has finally elected seven commissioners of the powerful Financial Services Authority (OJK). Muliaman D Hadad, deputy governor of Bank Indonesia, has been elected Chief of OJK. Who are they? "You...