business

PT Jasuindo Tiga Perkasa, POLRI, and the Business of Official Documents

Newsroom

In the past three years, the growth of vehicles in Indonesia has been increasing approximately by 10 percent each year. Data from the Central Statistics Agency (BPS) show that in 2013 the number of vehicles in Indonesia reached 104,118,969, a significant jump from 2012 with 94,373,324 vehicles, and 2011 with 85,601,351. And every single one of those vehicles would need a set of registration documents. So let’s look at one of the companies that print them. [Continue reading]

General Retirement Activity: Bambang Hendarso Danuri and Jusuf Manggabarani

Newsroom

The Indonesian government forbids active members of both the Indonesian military (TNI) and the Indonesian police (POLRI) to be involved in business and also political activities. But it is common for these law enforcement officials to enter into business upon retirement. They are typically appointed members of a company’s board of commissioners/directors. This morning, we will focus on the retirement activities of Bambang Hendarso Danuri and Jusuf Manggabarani. [Continue reading]

General Retirement Activity: Timur Pradopo and Nanan Soekarna

Newsroom

The Indonesian government forbids active members of both the Indonesian military (TNI) and the Indonesian police (POLRI) to be involved in business and also political activities out of fear of conflict of interests. But it is common for these law enforcement officials to enter into business upon retirement. They are typically appointed members of a company’s board of commissioners/directors. This morning, we will focus on the retirement activities of two retired POLRI generals: Timur Pradopo and Nanan Soekarna. [Continue reading]

Creative Economy: Blok-M Square Painting Center

Newsroom

We’re exploring spaces in Jakarta that have the potential for becoming hubs for creative economy. Earlier this week we went even further into the now trending traditional market, Pasar Santa. Today we’ll go into Jakarta- government-owned, modern retail complex called Blok-M Square, noting in particular its painting center that plays host to Jakarta’s streetside artists. [continue reading]

 

Business Side of Hendropriyono

Newsroom

Abdulla Macmud Hendropriyono is a controversial figure in Indonesia. He’s known primarily for his military prowess, and his work as the chief of Indonesia’s State Intelligence Agency (BIN) under Megawati Soekarnoputri’s administration. But as with most retired Army generals, Hendropriyono became director/chairman in a number of private companies in Indonesia, including PT Mahagaya Perdana, PT. Carrefour Indonesia of Chairul Tanjung’s Trans Corp, and Blitzmegaplex of PT. Graha Layar Prima. In addition to that, the retired four-star general also has his own business empire called Hendropriyono Corporation. [continue reading]

Jokowi’s Commitment for Papua

Newsroom

President Joko “Jokowi” Widodo tried hard to show his commitment to the social welfare of Papuans. As a presidential candidate Jokowi kicked off his election campaign in Papua on Jun. 5, 2014. And later, on the day of his inauguration, the President gave the ceremonial cutting of tumpeng (tumeric infused rice cone), which symbolizes blessing for the future, to three Papuan women. And then, the President also appointed Yohana Susana Yembise as the first female Papuan Minister in Indonesian history. But now that societal conflict has once again appeared in the frontier province, what will Jokowi do beyond the symbolism?[continue reading]