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Healthcare Industry’s Strong First Half (2)

PT Medikaloka Hermina Tbk (HEAL), owner and operator of Hermina hospital chain, booked net profit of Rp535.9 billion in the first half of 2021, surged by more than 400% from the corresponding period last year, thanks to stronger revenues. 

Business

Healthcare Industry’s Strong First Half (2)

PT Medikaloka Hermina Tbk (HEAL), owner and operator of Hermina hospital chain, booked net profit of Rp535.9 billion in the first half of 2021, surged by more than 400% from the corresponding period last year, thanks to stronger revenues. 

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US Economy Likely Grew at a Faster 8.5% in Q2

The US economy likely grew an annualized 8.5% on quarter in Q2, above 6.4% in Q1. That would mark the 4th straight quarter of growth and the second fastest expansion in 38 years, boosted by government stimulus and consumer...

Asian Shares Advance

Asian stocks jumped on Thursday as Beijing sought to ease recent regulatory concerns. China Securities Journal said the market correction was a short-term event shock, rather than a reversal caused by changes in fundamentals....

Palm Oil Hovers at 2-Month Highs on Output Concerns

Malaysian palm oil futures have been trading at around 2-month highs above RM4,300 a tonne since July 23rd, supported by lingering concerns over lower output. Malaysian palm oil production for July is expected to be lower on the...

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Profiles

On Joker’s Case: High Court and the Controversial Appeals

Last month the Panel of Appeal of the Jakarta High Court surprised the nation when it granted the petition filed by former prosecutor Pinangki Sirna Malasari, a graft convict who supposedly helped Joko Soegiarto Tjandra to escape the law. Pinangki's sentence was reduced from ten years to only four years imprisonment. To make matters worse, the Attorney General's Office (AGO) decided not to file any cassation. This week, the High Court gave another surprise. It eased Joko Tjandra's sentence. Four of the five members of the Panel of Appeal in the Joko Tjandra case are the same high court judges who previously reduced Pinangki's sentence.

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