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View all search resultsDjarum
Companies 4 days ago
PREMIUM
Djarum owner Michael Hartono dies at 86
Michael, an Indonesian of Chinese descent born in Kudus, Central Java, in 1939, jointly owned the Djarum Group with his brother Robert Budi Hartono, both sons of Djarum founder Oei Wie Gwan. Their father established the company in 1951 with just 10 employees, and it grew into one of the world’s largest clove cigarette firms with tens of thousands of workers.
Politics 4 months ago
PREMIUM
AGO slaps travel ban on former tax chief, Djarum CEO amid graft probe
AGO spokesperson Anang Supriatna told The Jakarta Post on Thursday that the office had coordinated with the Immigration Directorate General to issue the six-month travel ban, which has been in effect since Nov. 14.
Opinion 4 years ago
How Asia’s family offices can offer value to startups beyond capital
With its market debut on the IDX in early August, Bukalapak managed to raise Rp21.9 trillion ($1.5 billion) in an IPO that was oversubscribed by nearly 900 percent, making it the largest IPO to date on the local exchange.
Business 5 years ago
Ad spending plunges as companies reduce marketing activities amid outbreak
Total ad spending fell 25 percent month-to-month to Rp 3.5 trillion (US$235 million) in the third week of April, after a steady increase prior to the COVID-19 outbreak, the latest data issued by Nielsen Indonesia show
Business 6 years ago
Hartono brothers top 'Forbes Indonesia' list of 50 wealthiest Indonesians
Forbes Indonesia released its list of the 50 richest Indonesians on Thursday, showing that a large portion of the country’s wealth is still controlled by the old guards of various industries and legacy conglomerates.
National 6 years ago
Djarum buys Italy’s third tier soccer club
Indonesia’s tobacco industry giant Djarum, through its vessel SENT Entertainment Ltd, has bought itself Italian third tier soccer club Como 1907. Through the club, Djarum, among others, intends to provide the club’s headquarters as a shelter for the Garuda Select team that is slated to visit Italy in the immediate future, as part of its training program on European soil.
