Together with Indonesian business partner Hary Tanoesoedibjo, the Trump Organization, which was ran by US President Donald Trump between 1971 and 2017, plans to build the biggest and most luxurious hotel on the Indonesian resort island of Bali, complete with an upgraded golf course and ocean view (which includes a view on the 16th century Hindu pilgrimage temple Pura Tanah Lot). However, this USD $1 billion (six-star) resort project met resistance from the local population.

Lanjut baca ›

Indonesia Investments added a preliminary company profile of PT MNC Investama Tbk (BHIT) in the Indonesian Companies' section. MNC Investama, which was formerly known as Bhakti Investama until it changed its name in May 2013, is one of Indonesia's leading investment companies. Its businesses include media, financial services, energy & natural resources and portfolio investments. The company was founded by business tycoon Hary Tanoesoedibjo, one of the richest Indonesians and who still holds are large stake in the company.

Lanjut baca ›

Media Nusantara Citra (MNC) is Indonesia's leading integrated media company. It owns the most popular TV channel of Indonesia (RCTI) as well as two other free national channels (MNCTV and GlobalTV). The company also provides 16 Pay-TV channels which cover a whole range of genres. Most of its revenue is gained through advertisement on its TV channels. Apart from television, the company's supporting businesses include print & online media as well as radio.

Lanjut baca ›

Media company Media Nusantara Citra (MNC) is expected to post good corporate earnings in 2016 on the back of Indonesia's (estimated) accelerating economic growth, relatively high TV ad prices, and its television channels - RCTI, MNC TV, Global TV, and iNews TV - through which the company commands the largest share of the free-to-air market in Indonesia. The MNC Group is controlled by Indonesian media magnate Hary Tanoesoedibjo.

Lanjut baca ›