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People on The Move
The House of Representatives (DPR) has finally accepted Agus Martowardojo as Bank Indonesia governor candidate. Minister of state-owned enterprises Dahlan Iskan, meanwhile, confirmed reappointment of Karen Agustiawan as CEO of Pertamina, pending final approval from President SBY. Zulkifli Zaini, CEO of Bank Mandiri, however, has to go. ,Last Updated ( Wed, 06 Mar 2013)
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| Samin Tan, Bakrie's Exit & Berau Coal
Trading of Bakrie-related stocks were relatively quiet this morning in Jakarta, hours before Bumi Plc shareholders meeting in London. Spectators predict a Bakrie win in the voting, allowing the group to leave Bumi Plc, regaining full control of Bumi Resources, but leaving Berau Coal Energy (BRAU) in the hands of Samin Tan and Nathaniel Rothschild. (Thu, 21 Feb 2013)
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| New Leaders in Energy Sector
Energy and mineral resources minister Jero Wacik will install new director generals Thursday (January 31) for strategic portfolios, including oil & gas and new energy. Some new leaders will also be installed at the newly established SKK Migas, the upstream oil and gas special work unit under President SBY and Jero as head of Supervisory Committee. (Wed, 30 Jan 2013)
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| More Articles |
| • Endriartono Sutarto | People | Endriartono Sutarto (65), has repeatedly been tipped as one of president candidates considered by Nasional Demokrat Party (Nasdem), a newly established political party led by media mogul Surya Paloh, owner of Media Group. Paloh, however, has yet to confirm the party’s the decision to endorse Endriartono for next year’s presidential race. | |
| • Dayaindo & Tragic Death of CEO | People | Sudiro Andi Wiguno, CEO of Dayaindo Resources (KARK), was found died Wednesday (Jan 23), reportedly hanging himself to death, amidst bankruptcy petition filed by creditors and lawsuit filed by SUEK AG, coal buyer, against the mining company. Speculations rife on the 35-year old's decision to commit suicide and the future of Dayaindo. | |
| • Harry Tanoe & His Partnerships | People | One day after leaving Nasional Demokrat Party (Nasdem), PT MNC Land (KPIG) Tbk, a property arm of MNC Group led by Harry Tanoesoedibjo, announced its partnership with businessman Rachmat Gobel in the development of Mandalika Resort in Lombok, West Nusa Tenggara province. MNC Group has earlier been appointed by PT Pengembangan Pariwisata Bali (BTDC) to develop the area. | |
| • Rudi Rubiandini (Updated) | People | Geologist Rudi Rubiandini, who is now vice minister of energy and mineral resources, has been appointed by President SBY as the new boss of SKMigas, the temporary agency established to replace BPMigas even though earlier reports pointed to Susilo Siswoutomo as the preferred choice of energy minister Jero Wacik. | |
| • Harto Khusumo: Beyond Shipping | People | PT Pelayaran Tempuran Emas Tbk (TMAS) is a shipping company based in North Jakarta with market capitalization of Rp422 billion only. As of September 30, 2012, TMAS or Temas Line had total assets of Rp1.09 trillion. Controlling shareholder of the company, interestingly, has also expanded mining business. | |
| • Susilo Siswoutomo | People | Bisnis Indonesia reported this morning that energy and mineral resources minister Jero Wacik might appoint Susilo Siswoutomo or vice minister Rudi S Rubiandini as head of the powerful SKSP Migas, the temporary working unit taking over duties and responsibilities of BPMigas. We have written extensively on Rudi. Who is Susilo? | |
| • Ungaran Geothermal & Kodel Group | People | State Utility PT Perusahaan Listrik Negara (PLN) has recently sealed Power Purchase Agreement for Ungaran Geothermal Power Plant in Central Java with PT Giri Indah Sejahtera, a subsidiary of PT Golden Spike Energy. The plant was set only at 55 MW, far lower than previous estimation of 150 MW. | |
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