Key Person
Key Person

Three Billionaires Move to Expand BFI Finance's Business

Jerry Ng, Garibaldi Thohir, and Patrick Walujo are working together to develop PT BFI Finance Tbk (BFIN) business, including it into the PT Bank Jago Tbk (ARTO) ecosystem that will further heat the competitive landscape of digital banks.

Board Member Resignations Mark Sugih Energy's Tragic Fall

The resignation of all Sugih Energy’s boards of commissioners and directors highlights the company’s current state of affairs. Founded by tycoon Edward S. Soeryadjaya, it may also be delisted from the Indonesia Stock Exchange.

Latest Rumor: Rachmat Kaimuddin Will Lead New Capital Project

The Ministry of Maritime Affairs and Investment will hold a press conference regarding the joining of former Bukalapak CEO Rachmat Kaimuddin on Monday afternoon. Rumor has it that Rachmat is trusted to lead the State Capital project in East Kalimantan.

Toto Sugiri, the Man Behind the Booming Data Center in Indonesia

PT DCI Indonesia Tbk (DCII) founder Otto Toto Sugiri is the 19th richest person in Indonesia, with a net worth of US$2.5 billion. Next year, the partnership with Anthoni Salim will make Toto even more expansive in the data center business.

New Tasks for the Ex-CEO of Bukalapak

Rachmat Kaimuddin stepped down from his position as Chief Executives Officer of PT Bukalapak.com Tbk (BUKA) and decided to serve the country by working for the government. Rachmat can lead Merah Putih Fund or a State-Owned e-commerce operator.