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....

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....

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...

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...