COMPANIES
Adapting to a changing world economy
The Bakrie Group will continue to play an active role in contributing to the Indonesian economy as it has done over the past 70 years, says the heir apparent of the group, Anindya Novyan Bakrie. Experiencing the ups and downs of the Indonesian economy under various governments since the Japanese occupation, Bakrie has done its fair share in building the Indonesian economy.
Bank Mandiri aims higher
As Indonesia’s biggest bank by assets, state-owned Bank Mandiri is set to continue to grow with the Indonesian economy and with a series of moves to expand into regional banking. 11:52 AM Feb 22, 2012
Chandra Asri adds value
Market demand is driving PT Chandra Asri Petrochemical Tbk. to add value by becoming the first in the country to make butadiene, the raw material for synthetic rubber. With steady economic growth pushing demand for synthetic rubber in the automotive industry. The company has invested $145 million in a plant operated by subsidiary PT Petrokimia Butadiene Indonesia. 7:15 PM Feb 2, 2012
Diamond in the rough
Former banking and marketing executive Intan Abdams Katoppo is the woman charged with turning around the fortunes of ailing state hotel operator PT Hotel Indonesia Natour. She may have only been appointed last month, but Intan is wasting no time in getting on with the difficult job of shining up some very faded stars. 11:33 AM Jan 3, 2012
Controlling the skies over Indonesia
Lockheed Martin, the leading developer of sophisticated air defense systems and aircraft is hoping to reconnect with Indonesia after a long hiatus. Its new strategy to build a local partnership for a country-wide radar system could act as a catalyst for the emergence of a whole new high-technology industry. 10:05 PM Dec 2, 2011
Me too at Barito Pacific
The success of companies in the coal and palm oil sector is proving too much of a temptation for Barito Pacific to resist. Using proceeds from the sale of shares in the Chandra Asri Petrochemical Center to the Siam Cement Group, Barito will expand its footprint in the two business areas. 12:47 PM Nov 3, 2011
Exporting designer labels to the world
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