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R.I.P Jiacipto Jiaravanon

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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]

The Coffee Business: Maxx Coffee

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Starbucks (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]

EMTK Is Now One of the Shareholders of Bobobobo.com

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On Wednesday (Apr 29), PT Elang Mahkota Teknologi Tbk (IDX:EMTK) announced that the company had just invested series A budget to the newly established e-commerce bobobobo.com through its subsidiary PT Kreatif Media Karya (KMK Online). Alvin W. Sariaatmadja of EMTK told the press that the value of EMTK’s investment to bobobobo.com is approximately 20 billion Rupiah. [Continue reading]

Cosmetics Industry: Conversation with Wulan Tilaar

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Sari Ayu is one of the oldest Indonesian cosmetic brands produced by PT. Martina Berto Tbk (IDX:MBTO) of the Martha Tilaar Group. MBTO was established on June 1977. Today it has 13 brands targeting different segments of cosmetic consumers. On Friday (April 17), we spoke exclusively with Wulan Tilaar Widarto, the vice chairwoman of the Martha Tilaar Group. [Continue reading]

Beers, a Part of Modern Lifestyle

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The Indonesia Stock Exchange has two listed breweries, i.e., PT Multi Bintang Indonesia (IDX: MLBI) and also PT Delta Djakarta Tbk (IDX:DLTA). DLTA is the producer of Anker Bir, Anker Stout, San Mig Light, Carlsberg, San Miguel Pale Pilsen and also Kuda Putih. MLBI is the producer of Bintang Beer, Heineken, Bintang Zero and also Green Sands. [Continue reading]