Tempo English Weekly

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Tuesday, July 11, 2017

Former CEO of Pelabuhan Indonesia II Richard Joost Lino: The Contract Takes Effect After the Minister Agrees

RICHARD Joost Lino still firmly stands behind his decision to extend the cooperation contract for the management of the Jakarta International Container Terminal (JICT) with Hutchison Port Holdings five years before the contract ends in 2019. This former CEO of Pelabuhan Indonesia (Pelindo) II holds that the state benefits from this arrangement. One advantage, he pointed out, is the payment of an upfront fee of US$215 million, which can be…

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Monday, January 08, 2018

Java Holds the Key

HASTO Kristiyanto stopped for a moment as he was about to take a sip from his mineral water in Tempo’s editorial meeting room last Friday. The Indonesian Democratic Party of Struggle (PDI-P) secretary-general apologized for his petai, or stinky bean, breath. "Last night I was served stinky-bean fried rice by the President.