Recent Articles
Ex-KPK Officials & Their Political Agenda
Some former officials of the Corruption Eradication Commission (KPK) have expressed interest in establishing a new political party. The said former KPK officials are those who were recently dismissed for having failed to pass the civic knowledge test (TWK). If they really establish a new political party, one wonders who will be their financier(s) and who they will endorse in the 2024 race.
Business
Corporations to Watch
Petrochemical giant Chandra Asri Petrochemical (TPIA) mulls to issue the sustainability linked bond, a loan linked to the sustainability, environment, social, and government. Separately, animal feed producer Japfa Comfeed Indonesia (JPFA) has issued a sustainability-linked bond worth US$350 million, equivalent to Rp5.1 trillion.
QUICK UPDATES
Palm Oil Prices Remain Close to Records
Palm oil futures were trading around MYR 4900 per tonne in mid-October, remaining close to a record high of MYR 4969 per tonne hit earlier in the month, benefiting from higher demand for biofuels due to global rally in energy...
Chinese Equities Sell Off
China’s equity markets sold off in a volatile session, with the Shanghai Composite Index falling more than 2% before closing 1.25% lower at 3,547, while the SZSE Component Index lost 1.62% to close at 14,135. Investors were...
Asian Shares Retreat
Major bourses in Asia were lower on Tuesday, tracking losses on Wall Street overnight, as a global energy shortage fuelled fears over rising inflation. The Shanghai Composite tumbled 1.3%, as China Evergrande missed its third...
Profiles
Here comes Zifivax
Zifivax, an mRNA-based Covid-19 vaccine developed by Anhui Zhifei Longcom Pharmaceutical (China), has just secured Emergency Use Authorization (EUA) from Indonesian Food and Drug Administration (BPOM). Like China Sinovac, which is locally produced by state vaccine producer Biofarma, Anhui has been working with private companies in Indonesia to produce Zifivax locally.