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....

Immigration Office has imposed travel ban on business woman and politician Siti Hartati Murdaya, founder and owner of CCM Group/Berca Group. The lady, known as active member of SBY-Boediono campaign team in 2009 election, has to stay home to support an investigation...

United Tractors, Trakindo, and Hitachi are the leading players in heavy equipment market here for many years. Four years ago, Kobexindo Group targeted itself to be third largest in the industry. Kobexindo Tractors, one of its units, now plans to offer up to 30% shares...

Inovisi Infracom (INVS) is now a company with market capitalization of Rp15.3 trillion, bigger than Indika Energy (INDY). The company has announced various acquisitions in the past two years. Acquired B2B e-commerce company for US$40 million, purchased Ozura World for...

Established in 2008, Trisurya Group is a growing resources player in the country. At least that's what the group claimed in its website. One of its subsidiaries worked with Sojitz for coal-fired power plant project in Bali three years ago. That's right! We're talking...

Tempo Scan Pacific (TSPC), the second largest pharmaceutical company listed on Indonesia Stock Exchange (IDX), is not a liquid stock like Kalbe Farma (KLBF), despite placement of 800 million shares to some investors few months back. Since the placement, Tempo Scan...