Sad news came from Charoen Pokphand (C.P.) Group, Thailand’s largest agribusiness conglomerate. Earlier this month, the Indonesian Charoen Pokphand Group lost one of its members Jiacipto Jiaravanon, the vice president commissioner of PT Charoen Pokphand Indonesia Tbk (IDX: CPIN). Jiacipto Jiaravaron is one of the third generation descendants of the Chearavanont family. [Continue reading]
Month: December 2015
The Coffee Business: Maxx Coffee
NewsroomStarbucks (Nasdaq:SBUX) has become a staple for big cities. It’s brand color green is already well known that people wouldn’t mind using a similar green to label their brand of coffee. Starbucks’ Indonesian competitor named Maxx Coffee uses a drawing of an owl in a green circle symbol as their corporate logo. At a glance, one could not help to think of Starbucks when seeing a Maxx Coffee logo. [Continue reading]
End of Year Security Brief
NewsroomThe National Police’s counter terrorism squad, Detachment 88, otherwise known as Densus 88, arrested six suspected terrorist over the weekend in West Java, Central Java and East Java. The group are reportedly affiliated with the Islamic State of Iraq and the Levant (ISIS). The National Police (POLRI) Chief Gen. Badrodin Haiti told the press that the group had prepared a bomb attack for this upcoming end of the year holidays. [Continue reading]
F&B Business: Socieaty
NewsroomSocieaty is a new restaurant located in the First Floor of the Plaza Indonesia shopping center in Central Jakarta. The restaurant was opened in September earlier this year. Socieaty offers all-day dining with a combination of Asian and European influence in their menu. The new restaurant adds to the plethora of other ventures catering to the upper- middle market of Jakarta. [Continue reading]