Ernst & Young awarded Hadi Surya, owner of Berlian Laju Tanker (BLTA), the Entrepreneur of the Year for Lifetime Achievement many years ago. His handling of BLTA's defaulted debts is the biggest test of whether he deserved such award. Or, who cares? Bondholders...

Mayora Indah (MYOR) ended substantially lower by 6% Monday (Nov 5). The stock has dropped 18% from its peak this year. Still, Mayora is among the most expensive stocks in the market, valued almost six times its equity and traded 24 times annualized earnings. Expensive...

The race is on! For the first time in history, Media Nusantara Citra (MNCN) has market capitalization bigger than Bumi Resources (BUMI) on Monday (June 11). MNCN has Rp26.4 trillion, while BUMI at Rp25.8 trillion. Surya Citra Media (SCMA), meanwhile, has around Rp17...

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...

Elshinta Radio had an interesting interview with Yudo Wintoko, one of the victims of Lapindo mudflow in Sidoarjo, East Java this afternoon. Other than appealing to Nirwan Bakrie for an immediate settlement of overdue compensation, Yudo expressed his disappointment...

Two months ago, Ismed Hasan Putro, former journalist at Jawa Pos Group controlled by Dahlan Iskan (now minister of state-owned enterprises), was appointed president director of PT Rajawali Nusantara Indonesia, a state-owned company involved in trading of strategic...

Lucas SH & Partners placed a half-page advertisement in Indonesian media this morning about the South Jakarta District Court's ruling in the pre-trial lawsuit filed by Tong Keng Siong, director of Aperchance Company Ltd, related to a long legal dispute against...

Five years ago, President Susilo Bambang Yudhoyono inaugurated commercial operation of PT Caprifarmindo Laboratories in Bandung, West Java. Two months ago, House Speaker Marzuki Ali attended the inauguration of what Sanbe claimed as the first oncology plant in...

Stock market players may skip this article, because Bayan Resources (BYAN) is not a liquid stock. Its market value has dropped 46.4% year-to-date. Still, BYAN is among the most expensive coal stocks, traded with PE multiple 40 and PBV 4.7, even though its annualized...

Agus Nursalim, one of founders of Kedaung Industrial Group, has just passed away. Agus, known for his close relationship with political elites in the country, leaves behind a big family and a business group with interests in various sectors in Indonesia and China....