Recent Articles
COVID-19 Situation Report: Dec. 1
Indonesia's COVID-19 Mitigation Task Force (Satgas Covid) reported 5,092 new daily cases on Dec. 1, higher than the 4,617 new cases reported on Nov. 30. With 4,361 reported cured and 136 dead, the tally of active cases for Dec. 1 is 72,015. The number of suspect cases nationwide went down to 71,286 from 72,786 cases reported a day earlier.
Business
Market & Manufacturing Data
Global stock markets gained on Monday (Nov. 30) as developments toward a coronavirus vaccine and reduced uncertainty in the United States (US) politics lifted sentiment. The Dow Jones rallied almost 12% in November, the most since January of 1987, and the S&P 500 and the Nasdaq 100 both gained nearly 11%. The reduced uncertainty in US politics brightened the prospect of a swift economic recovery.
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Coal Prices at 8-Month Peak
Coal prices rose towards $70 per ton in November, extending their rally to a level not seen since March amid expectations of higher restocking levels and a boost in seasonal demand. At the same time, stringent inspections on...
Inflation Rate at 5-Month High of 1.59%
Indonesia’s annual inflation rate edged up to 1.59% in November 2020, the highest since June, from 1.44% in October and compared to market expectations of 1.53%. Upward pressure came from, food, drinks and tobacco (2.87%...
Tourist Arrivals Sink 88.25% YoY in October
Foreign tourist arrivals in Indonesia tumbled 88.25% year-on-year to 158,159 in October 2020, as the COVID-19 global crisis forced more countries to implement travel restrictions. The number of arrivals by air in Bali, the...
Profiles
On Joker’s Case: Joshua Rahmat, Objections and Witness Accounts
The trials related to cases of corruption and conspiracy to save Joko Tjandra continues. Earlier this week, Joko Tjandra attended the hearing in the trial of prosecutor Pinangki as a witness. He gave a different account if compared to the investigation report. The same hearing also presented Rahmat, the missing link in the case. A day after that, in a hearing on the trial of Joko Tjandra and Tommy Sumadi, Joko's secretary was summoned as a witness and she explained how Tommy received money from Joko.
