PT Inti Indorayon Utama
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PT Inti Indorayon Utama
PT Inti Indorayon Utama is an Indonesian paper milling company founded in Sumatra, Indonesia, in 1989 and is owned by Indonesia's richest business man Sukanto Tanoto. History In 1989, Sukanto Tanoto started a pulp mill under the name of PT Inti Indorayon Utama, which was built at a small village Porsea nearby Lake Toba of North Sumatra. The mill however did not run smoothly with the local people, who argued that it had polluted the area, performed major deforestation and injustice land grabbing. From the beginning, the Indonesia's first pulp mill was full of conflict history. The initial permit released contained land disputes, the quality of air and water around Asahan River degraded drastically, which was said to be responsible to certain skin diseases, reducing corp production and water contamination, was responsible for some landslide disasters in the area and released toxic chlorine gas during the 1993 boiler explosion. However, during the Suharto administration, Indora ...
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Sumatra
Sumatra is one of the Sunda Islands of western Indonesia. It is the largest island that is fully within Indonesian territory, as well as the sixth-largest island in the world at 473,481 km2 (182,812 mi.2), not including adjacent islands such as the Simeulue, Nias, Mentawai, Enggano, Riau Islands, Bangka Belitung and Krakatoa archipelago. Sumatra is an elongated landmass spanning a diagonal northwest–southeast axis. The Indian Ocean borders the northwest, west, and southwest coasts of Sumatra, with the island chain of Simeulue, Nias, Mentawai, and Enggano off the western coast. In the northeast, the narrow Strait of Malacca separates the island from the Malay Peninsula, which is an extension of the Eurasian continent. In the southeast, the narrow Sunda Strait, containing the Krakatoa Archipelago, separates Sumatra from Java. The northern tip of Sumatra is near the Andaman Islands, while off the southeastern coast lie the islands of Bangka and Belitung, Karim ...
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Landslide
Landslides, also known as landslips, are several forms of mass wasting that may include a wide range of ground movements, such as rockfalls, deep-seated grade (slope), slope failures, mudflows, and debris flows. Landslides occur in a variety of environments, characterized by either steep or gentle slope gradients, from mountain ranges to coastal cliffs or even underwater, in which case they are called submarine landslides. Gravity is the primary driving force for a landslide to occur, but there are other factors affecting slope stability that produce specific conditions that make a slope prone to failure. In many cases, the landslide is triggered by a specific event (such as a heavy rainfall, an earthquake, a slope cut to build a road, and many others), although this is not always identifiable. Causes Landslides occur when the slope (or a portion of it) undergoes some processes that change its condition from stable to unstable. This is essentially due to a decrease in the She ...
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Environmental Issues In Indonesia
Environmental issues in Indonesia are associated with the country's high population density and rapid industrialisation, and they are often given a lower priority due to high poverty levels, and an under-resourced governance. Most large palm oil plantations in Indonesia owned by Singaporean rich conglomerates who employ thousands of local natives Indonesian. Issues include large-scale deforestation (much of it illegal) and related wildfires causing heavy smog over parts of western Indonesia, Malaysia and Singapore; over-exploitation of marine resources; and environmental problems associated with rapid urbanisation and economic development, including air pollution, traffic congestion, garbage management, and reliable water and waste water services. Deforestation and the destruction of peatlands make Indonesia the world's third largest emitter of greenhouse gases. Habitat destruction threatens the survival of indigenous and endemic species, including 140 species of mammals id ...
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Equity Swap
An equity swap is a financial derivative contract (a swap) where a set of future cash flows are agreed to be exchanged between two counterparties at set dates in the future. The two cash flows are usually referred to as "legs" of the swap; one of these "legs" is usually pegged to a floating rate such as LIBOR. This leg is also commonly referred to as the "floating leg". The other leg of the swap is based on the performance of either a share of stock or a stock market index. This leg is commonly referred to as the "equity leg". Most equity swaps involve a floating leg vs. an equity leg, although some exist with two equity legs. An equity swap involves a notional principal, a specified duration and predetermined payment intervals. Equity swaps are typically traded by delta one trading desks. Examples Parties may agree to make periodic payments or a single payment at the maturity of the swap ("bullet" swap). Take a simple index swap where Party A swaps £5,000,000 at LIBOR + 0.0 ...
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Stakeholder (corporate)
In a corporation, a stakeholder is a member of "groups without whose support the organization would cease to exist", as defined in the first usage of the word in a 1963 internal memorandum at the Stanford Research Institute. The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR). The definition of corporate responsibilities through a classification of stakeholders to consider has been criticized as creating a false dichotomy between the "shareholder model" and the "stakeholders model" or a false analogy of the obligations towards shareholders and other interested parties. Types Any action taken by any organization or any group might affect those people who are linked with them in the private sector. For examples these are parents, children, customers, owners, ...
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Washington DC
) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, National Cathedral , image_flag = Flag of the District of Columbia.svg , image_seal = Seal of the District of Columbia.svg , nickname = D.C., The District , image_map = , map_caption = Interactive map of Washington, D.C. , coordinates = , subdivision_type = Country , subdivision_name = , established_title = Residence Act , established_date = 1790 , named_for = George Washington, Christopher Columbus , established_title1 = Organized , established_date1 = 1801 , established_title2 = Consolidated , established_date2 = 1871 , established_title3 = Home Rule Act , ...
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Jusuf Kalla
Muhammad Jusuf Kalla (; born 15 May 1942) is an Indonesian politician and businessman who served as the 10th and 12th vice president of Indonesia, the only vice president in Indonesian history to serve two non-consecutive terms in office (2004–2009 and 2014–2019). He was unsuccessful as Golkar's presidential nominee in the 2009 presidential election. Before Kalla declared himself as the running mate for Joko Widodo in the 2014 presidential election, a 2012 poll placed his popularity among likely voters in the top three contenders for the presidency and ahead of his own party's nominee Aburizal Bakrie. Since 2009 Kalla serves as the chairman of the Indonesian Red Cross Society. Early life Kalla was born on 15 May 1942 in Watampone, now sits in South Sulawesi. His parents were Hadji Kalla, a local businessman and Athirah, a woman who sold Buginese silk for a living. He was the second of 10 children. After completing school, Kalla attended Hasanuddin University in Makass ...
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Pulping
Pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibers from wood, fiber crops, waste paper, or rags. Mixed with water and other chemical or plant-based additives, pulp is the major raw material used in papermaking and the industrial production of other paper products. History Before the widely acknowledged invention of papermaking by Cai Lun in China around 105 AD, paper-like writing materials such as papyrus and amate were produced by ancient civilizations using plant materials which were largely unprocessed. Strips of bark or bast material were woven together, beaten into rough sheets, dried, and polished by hand. Pulp used in modern and traditional papermaking is distinguished by the process which produces a finer, more regular slurry of cellulose fibers which are pulled out of solution by a screen and dried to form sheets or rolls. The earliest paper produced in China consisted of bast fibers from the paper mul ...
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Abdurrahman Wahid
Abdurrahman Wahid ( ; born Abdurrahman ad-Dakhil; 7 September 1940 – 30 December 2009), though more colloquially known as Gus Dur (), was an Indonesian politician and Islamic religious leader who served as the 4th president of Indonesia, from his election in 1999 until his removal from power in 2001. A long time leader within the Nahdlatul Ulama organization, he was the founder of the National Awakening Party (PKB). He was the son of Minister of Religious Affairs Wahid Hasyim, and the grandson of Nahdatul Ulama founder Hasyim Asy'ari. He had a visual impairment caused by glaucoma. He was blind on the left eye and partially blind on his right eye. He was the first and as of 2022 the only president of Indonesia to have had physical disabilities. His popular nickname 'Gus Dur' is derived from ''Gus'', a common honorific for a son of kyai, and from the short-form of ''bagus'' ('handsome lad' in Javanese); and ''Dur'', short-form of his name, Abdurrahman. Early life Abdurrah ...
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Jusuf Habibie
Bacharuddin Jusuf Habibie (; 25 June 1936 – 11 September 2019) was an Indonesian engineer and politician who was the third president of Indonesia from 1998 to 1999. Less than three months after his inauguration as the seventh Vice President of Indonesia, vice president in March 1998, he succeeded Suharto who Fall of Suharto, resigned after 31 years in office. His presidency was seen as a landmark and transition to the post-Suharto era, Reformation era. Upon becoming president, he liberalized Indonesia's press and political party laws, and held an 1999 Indonesian legislative election, early democratic election three years sooner than scheduled, which resulted in the end of his presidency. His 517-day presidency and 71-day vice presidency were the shortest in the country's history. Early life Habibie was a native of Parepare, in South Sulawesi. He was of ethnic Bugis-Gorontalo people, Gorontalese-Javanese people, Javanese descent from Kabila in Gorontalo and Yogyakarta.Sala ...
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New Order (Indonesia)
The New Order ( id, Orde Baru, abbreviated ''Orba'') is the term coined by the second Indonesian President Suharto to characterise his administration as he came to power in Transition to the New Order, 1966 until his Fall of Suharto, resignation in 1998. Suharto used this term to contrast his presidency with that of his predecessor Sukarno (retroactively dubbed the "Old Order," or ''Orde Lama''). Immediately following the 30 September Movement, attempted coup in 1965, the political situation was uncertain, Suharto's New Order found much popular support from groups wanting a separation from Indonesia's problems since its independence. The 'generation of 66' (''Angkatan 66'') epitomised talk of a new group of young leaders and new intellectual thought. Following Indonesia's communal and political conflicts, and its economic collapse and social breakdown of the late 1950s through to the mid-1960s, the "New Order" was committed to achieving and maintaining political order, econom ...
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