Bambang Subianto
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Bambang Subianto
Bambang Subianto (10 January 1945 – 4 November 2022) was an Indonesian academic and technocrat who served as Minister of Finance from 1998 to 1999. Before assuming the post of finance minister, Bambang worked in the Department of Finance for about a decade. Early life and education Bambang was born on 10 January 1945 in Madiun during the Japanese occupation of the Dutch East Indies. Upon finishing his high school education, Bambang enrolled at the Bandung Institute of Technology (ITB), where he studied chemical engineering. He graduated with an undergraduate degree in 1973. Five years later, Bambang went to KU Leuven in Belgium for his postgraduate studies in business administration and doctorate in economics. He obtained his postgraduate and doctoral degrees in 1981 and 1984, respectively. Career Two years after graduating from ITB, Bambang started his career in the Faculty of Economics of the University of Indonesia (UI) as a researcher and lecturer. He continued his sti ...
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Madiun Regency
Madiun Regency ( id, Kabupaten Madiun; jv, ꦑꦧꦸꦥꦠꦺꦤ꧀ꦩꦝꦶꦪꦸꦤ꧀) is a landlocked Regency in East Java province, Indonesia. It covers an area of 1,010.86 km2, and had a population of 662,278 at the 2010 Census and 744,350 at the 2020 Census. It is bordered by Bojonegoro Regency in the north, Nganjuk Regency in the east, Ponorogo Regency in the south, and Magetan Regency and Ngawi Regency in the west, while the city of Madiun is an enclave within the regency. Its capital was formerly the city of Madiun but became the district of Mejayan, in accordance with Government Regulation No.52 of the year 2010. However, Government Regulation No.3 of the Year 2019, as a revision of Government Regulation No. 52 of the year 2010, mentions that the capital of Madiun Regency is now called "Caruban", not Mejayan. The change of name of the capital city of Madiun Regency to "Caruban" is because of the history and culture of the former Regency of Caruban, of which "Mejay ...
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Studium Generale
is the old customary name for a medieval university in medieval Europe. Overview There is no official definition for the term . The term ' first appeared at the beginning of the 13th century out of customary usage, and meant a place where students from everywhere were welcomed, not merely those of the local district or region. In the 13th century, the term gradually acquired a more precise (but still unofficial) meaning as a place that (1) received students from all places, (2) taught the arts and had at least one of the higher faculties (that is, theology, law or medicine) and (3) that a significant part of the teaching was done by those with a master's degree. A fourth criterion slowly appeared: a master who had taught and was registered in the Guild of Masters of a ' was entitled to teach in any other without further examination. That privilege, known as , was, by custom, reserved only to the masters of the three oldest universities: Salerno, Bologna and Paris. Their reput ...
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1945 Births
1945 marked the end of World War II and the fall of Nazi Germany and the Empire of Japan. It is also the only year in which Nuclear weapon, nuclear weapons Atomic bombings of Hiroshima and Nagasaki, have been used in combat. Events Below, the events of World War II have the "WWII" prefix. January * January 1 – WWII: ** Nazi Germany, Germany begins Operation Bodenplatte, an attempt by the ''Luftwaffe'' to cripple Allies of World War II, Allied air forces in the Low Countries. ** Chenogne massacre: German prisoners are allegedly killed by American forces near the village of Chenogne, Belgium. * January 6 – WWII: A German offensive recaptures Esztergom, Kingdom of Hungary (1920–1946), Hungary from the Russians. * January 12 – WWII: The Soviet Union begins the Vistula–Oder Offensive in Eastern Europe, against the German Army (Wehrmacht), German Army. * January 13 – WWII: The Soviet Union begins the East Prussian Offensive, to eliminate German forces in East Pruss ...
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CNBC Indonesia
Consumer News and Business Channel Indonesia (known as CNBC Indonesia and abbreviated as CNBC ID) is an Indonesian television network owned by Trans Media in collaboration with Comcast's NBCUniversal under CNBC license. Launched on 10 October 2018, the channel is the second business-oriented news channel in Indonesia after IDX Channel. History Businessman Chairul Tanjung announced the birth of a strategic partnership between NBCUniversal and Trans Media to launch a CNBC-branded channel in Indonesia. CNBC Indonesia was soft-launched as an online business news portal in the Indonesian language on 8 February 2018 and was officially launched as a business news channel on 10 October 2018. In early February 2020, the channel launched its own HD feed on the Telkom 4 Merah Putih satellite. Presenters Current *Maria Anneke Wijaya (ex-news anchor SCTV and Kompas TV) *Syarifa Rahma (ex-news anchor NET.) *Maria Katarina (ex-news anchor iNews and IDX Channel) *Andi Shalini *Safrina N ...
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Pertamina
PT Pertamina (Persero), formerly abbreviated from ''Perusahaan Pertambangan Minyak dan Gas Bumi Negara'' (lit. 'State Oil and Natural Gas Mining Company'), is an Indonesian state-owned oil and natural gas corporation based in Jakarta. It was created in August 1968 by the merger of ''Pertamin'' (established 1961) and ''Permina'' (established 1957). In 2020, the firm was the third-largest crude oil producer in Indonesia behind US-based companies ExxonMobil's Mobil Cepu Ltd and Chevron Pacific Indonesia. In 2013, Pertamina was included for the first time in the ''Fortune'' Global 500 list of companies, ranked at 122 with revenues of $70.9 billion, it was also the sole Indonesian company to be featured in the list. According to the 2020 ''Fortune'' list, Pertamina is the largest company in Indonesia. History Nationalization In 1957, Royal Dutch/Shell's assets in Indonesia (trading as Bataafse Petroleum Maatschappij) were nationalised, from which Permina was founded as a state-o ...
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Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and PricewaterhouseCoopers (PwC), it is considered one of the Big Four accounting firms. It primarily provides assurance (which includes financial audit), tax, consulting and advisory services to its clients. Like many of the larger accounting firms in recent years, EY has expanded into markets adjacent to accounting, including strategy, operations, HR, technology, and financial services consulting. EY operates as a network of member firms which are structured as separate legal entities in a partnership, which has 312,250 employees in over 700 offices in more than 150 countries around the world. The firm's current partnership was formed in 1989 by a merger of two accounting firms; Ernst & Whinney and Arthur Young & Co. It was named Ernst & Young until ...
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Permata Bank
Permata Bank (or Bank Permata) is a bank in Indonesia, headquartered in the capital city Jakarta. It has officially become a BUKU IV bank after receiving confirmation from the Financial Services Authority (OJK) on 20 January 2021. Serving nearly four million customers in 62 cities in Indonesia, it has 304 branch offices and two mobile branches; currently, the bank is led by Meliza Musa Rusli as the CEO. As a pioneer in mobile banking and mobile cash technology in the Indonesian market, in 2018, Permata Bank launched its PermataMobile X super application with 200 innovative features, and is currently one of the digital mobile banking leaders in the Indonesian market. History Bank Permata was formed with merger of five banks under the management of the Indonesian Bank Restructuring Agency (IBRA), namely: * PT Bank Bali Tbk - established in 1954, then center of a corruption scandal; * PT Bank Universal Tbk; * PT Bank Prima Express; * PT Bank Artamedia; and * PT Bank Patriot ...
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Bank Bali Scandal
The Bank Bali scandal occurred in Indonesia in 1999 when Golkar Party officials colluded with the Indonesian Bank Restructuring Agency (IBRA) to coerce Bank Bali chief Rudy Ramli to pay an illegal commission of Rp546 billion (then equivalent to about US$80 million) to private company Era Giat Prima in order to collect Rp904.6 billion owed by two banks taken over by IBRA. Part of the funds were used to support then-president B.J. Habibie's re-election bid, but his accountability speech was rejected by the nation's top legislative body after the scandal broke. The scandal was widely referred to as Baligate (after Bank Bali and the Watergate scandal). Most of those involved, including Golkar officials and Habibie aides, were either acquitted or not even prosecuted. Background The 1997-98 Asian financial crisis resulted in the collapse of 64 Indonesian banks. Numerous problematic banks were taken over by the government, which restructured and merged some of them. Prior to the cr ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Indonesian Rupiah
The rupiah (Currency symbol, symbol: Rp; ISO 4217, currency code: IDR) is the official currency of Indonesia. It is issued and controlled by Bank Indonesia. The name "Rupee, rupiah" is derived from the Sanskrit word for silver, (). Sometimes, Indonesians also informally use the word ("silver" in Indonesian language, Indonesian) in referring to rupiah in coins. The rupiah is divided into 100 ''cent (currency), sen'', although high inflation has rendered all coins and banknotes denominated in obsolete. Introduced in 1946 by Indonesian nationalists Indonesian National Revolution, fighting for independence, the currency replaced Japanese government-issued currency in the Dutch East Indies, a version of the Netherlands Indies gulden, which had been introduced during the Japanese occupation of the Dutch East Indies, Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by th ...
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Syahril Sabirin
Syahril Sabirin (born 14 October 1943) is an Indonesian economist who served as Governor of Bank Indonesia, Indonesia's central bank, from 1998 to 2003. In 2009, he was sentenced to two years in jail for his role in the Bank Bali scandal. Education Syahril studied at Gadjah Mada University in Yogyakarta, graduating with an economics degree from the Faculty of Economics in 1968. In 1972, he earned a scholarship from USAID to study at Williams College and graduated with Master of Arts in Development Economics in 1973. Under the USAID scholarship, he then continued to study at Vanderbilt University, earning a PhD in economics in 1979. Career Syahril joined Bank Indonesia in 1969. He later served a three-year term as Senior Financial Economist at the World Bank, Washington DC. In late 1997, Indonesian President Suharto summoned him back to Bank Indonesia, at which time the country was suffering from the Asian financial crisis. In February 1998, at the height of the economic and fina ...
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Widjojo Nitisastro
Widjojo Nitisastro (23 September 1927 – 9 March 2012) was an Indonesian economist, who was known as the main architect of the Indonesian economy during the New Order regime of president Suharto, serving as Minister for National Development (1971–1983) and Coordinating Minister for Economy, Finance and Industry (1973–1983). He was one of Indonesia's best-known and most respected economic policy-makers, both within Indonesia and overseas. He joined the Indonesian Student Army during the Indonesian National Revolution and fought in Surabaya. After the end of the revolution, he taught at a junior high school, before, attending and later graduating from the University of Indonesia. He would go on to become professor at the university. In the late 1960s, after the fall of president Sukarno, he became one of Indonesia's most important economic policy-makers under the New Order regime of president Suharto. He was generally considered to be the foremost member of the well-known ...
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