Indonesia: business daily launch, aims for top rank

Posted by Jean Yves Chainon on February 27, 2007 at 11:50 AM
Kompas Gramedia Group, Indonesia’s leading media group, launched a new business daily, Kontan, on Feb. 26. The paper’s initial circulation, of about 75,000 copies, will hope to compete with the two other national business dailies.

 
Kontan hopes to become Indonesia’s leading business daily, and surpass Bisnis Indonesia and Investor Daily. Investor Daily has a circulation of 40,000 copies and is distributed in 25 Indonesian cities. Bisnis Indonesia – currently the nation’s leading business daily – has a circulation of 85,000 copies.

"Our vision is to provide more personalized business news. We are aiming at new readers, including young, upwardly mobile people and housewives, who manage their families' finances," said Kontan editor-in-chief Yopie Hidayat.

According to him, the other business dailies were too focused on corporate news and carried too little general business information. Kontan’s first issue, in consequence, contained more general business news, such as tips on how to start up a business.

Source: The Jakarta Post

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naser said:

HYDERABAD BASED MUNSIF AND SIASAT URDU DAILY EDITORS GRAB WAQF LANDS
Urdu Media War and the Wakf properties tussle in Hyd ; MiM Leader Akbaruddin Owaisi
(Friday, Dec 09, 2005 - 09:00 pm) TeamMedia war among Urdu dailies was taken to Assembly in Hyderabad, when MIM floor leader Akbaruddin Owaisi accused Siasat and Munsif Urdu daily owners of grabbing Wakf properties and demanded stern action against them.Mr Owaisi armed with statistics and details of all Waqf Lands which are being encroached upon said govt is going soft on these editors as they are trying to threaten the govt through there newspapers .In the same breath he also alleged that no action was taken against grabbers of Wakf properties in city and outside including Viceroy Hotel, Shaam and Sensation theatres, local reports inform. Turning his ire on owners of rival Urdu dailies, Siasat and Musif, he said, "Mr Zahid Ali Khan has illegally encroached Wakf property. He is a white collar land grabber. Why is the government keeping quite? You should put them behind bars." Shifting his heat on another Urdu daily Munsif owner, he remarked, "Mr Khan Lateef Khan...the double Khan.. too has encroached Wakf properties housing Santosh and Sapna theatres, yet no action has been taken. The government should take stringent action against encroachers of Wakf properties," he alleged. Reacting to Mr Owaisi's demand, minister for minorities welfare Mohd Fareeduddin assured that the government would enquire into the matter and would not "spare anyone however big he might be." Referring to allotment of land to one Tajuddin, he said the land was given on a lease for three years for agricultural purposes and the renewal would depend on the government He also accused them of trying to cover there illegal grabbing of land by bribing some high officals in the govt .
posted by HyderabadLive at 5:30 AM

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