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Indonesia

December 18, 2017

Why are family-controlled companies in Asia-Pacific much more likely to be publicly listed than in other parts of the world?

Why are family-controlled companies in Asia-Pacific much more likely to be publicly listed than in other parts of the world?

August 1, 2014

Indonesia’s wealthiest billionaires all come from family businesses, according to a new rich list released this week.

Indonesia’s wealthiest billionaires all come from family businesses, according to a new rich list released this week.

In the wake of the southeast Asian nation’s presidential elections, held last month, Wealth-X has revealed the Hartono brothers, Michael and Robert, are the wealthiest Indonesian individuals, with a net worth of $9.7 billion (€7.2 billion) each.

The 9 July election was won by Joko Widodo, who did not come from an wealthy background, but instead grew up in a riverside slum in the city of Surakarta.

May 3, 2012

The combined fortunes of Indonesia’s ultra-high net worth population grew by 47% last year, as the Asian country benefited from the commodities boom.

The combined fortunes of Indonesia’s ultra-high net worth population grew by 47% last year, as the Asian country benefited from the commodities boom.

There are now an estimated 775 individuals resident in Indonesia worth at least $30 million (€22.9 million), an increase of about 50 people since the release of the World Ultra Wealth Report 2011.

April 7, 2011

The Bakrie family, owner of coalminer Bumi Resources, is in talks with London-based Vallar to agree a share swap deal that would see the family lose majority control of Bumi Resources in exchange for an increased share in Vallar.

The Bakrie family, owner of coalminer Bumi Resources, is in talks with London-based Vallar to agree a share swap deal that would see the family lose majority control of Bumi Resources in exchange for an increased share in Vallar.

The deal would see the Indonesia-based family swap 26% of their Bumi Resources for 11.6% of Vallar, according to a statement by Vallar.

September 16, 2008

Lachlan Murdoch is believed to be eyeing up investment opportunities in Indonesia, according to reports that the son of media magnate Rupert Murdoch has met with Indonesian tycoon James Riady.

Lachlan Murdoch (pictured) is believed to be eyeing up investment opportunities in Indonesia, according to reports that the son of media magnate Rupert Murdoch has met with Indonesian tycoon James Riady.

Marshall Cooper, a commissioner at First Media, an internet company owned by the Riady family, confirmed that Murdoch was in Jakarta last week visiting a number of the Riady family’s real estate projects, as well as its newspaper in Jakarta.

He said there had been no discussions about any specific investments between Riady and Murdoch.

May 2, 2008

Soedarpo Sastrosatomo had a fascinating life that included politics, war and the formation of Indonesia’s largest shipping company. His daughter, Shanti, talks to Bruce Love about her father’s life and her role in continuing his businesses

Soedarpo Sastrosatomo had a fascinating life that included politics, war and the formation of Indonesia's largest shipping company. His daughter, Shanti, talks to Bruce Love about her father's life and her role in continuing his businesses

While the world watches closely as China and India lead a South East Asian wave of economic growth, and Hong Kong, Shanghai and Singapore duel for the title of premier Asian economic hub, other regional players, such as Indonesia, prefer to continue their equally impressive growth outside of this harsh spotlight.

April 1, 2003

PT GISTEX: professionalism at play

Petrina Faustine is a professor at Magister Management of Administration and Technology Program at Bandung Institute of Technology in Indonesia.

PT GISTEX: professionalism at play

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