The majority of the pollsters that are conducting a quickcount on the Jakarta gubernatorial race have taken in over 90 percent of their samples. Given the results, we can say that Jakarta’s 2017 gubernatorial race will continue to a runoff, with incumbent pair Basuki “Ahok” Tjahaja Purnama and running mate Djarot Sjaiful Hidayat going head-to-head against contender Anies Baswedan and running mate Sandiaga Uno.
Read MorePreliminary results of quick counts conducted by eight agencies have consistently shown Agus Yudhoyono, son of Indonesia’s sixth president Susilo Bambang Yudhoyono (SBY), a distant third in today’s election for Jakarta governor.
Read MoreThe lawsuit for Suspension of Debts Payment (PKPU) filed by PT Cal Dive Offshore Indonesia (Cal Dive Indonesia), a subsidiary of Cal Dive International Inc against the Technical Assistance Contract (TAC) Pertamina and PT Pertalahan Arnebatara Natuna (PAN) was received and the Panel of Judges decided to continue the examination of the dispute. The panel stated that TAC Pertamina and PAN is considered as one sentence and because of that the legal counsel appointed by PAN should have the power of attorney for both PAN and Pertamina.
Read MoreThe former chief of the Corruption Eradication Commission (KPK) Antasari Azhar is not the only one who believe that they’re victims of high-level political plot executed during Susilo Bambang Yudhoyono’s (SBY) regime. Like Antasari, the graft convict and the ousted chairman of Democratic Party Anas Urbaningrum also believe that he was criminalized by SBY.
Read MoreElnusa (ELSA), an integrated energy services provider, maintained its profit and margin in 2016 amid the high fluctuation of crude oil prices, which touched its lowest at US$28 per barrel in early January last year. During 2016, oil price movement was limited to below US$50 level.
Read MoreOn February 14, 2017, the Supreme Court (MA) voted to elect the next chief of MA for the period of 2017-2022. And as expected, Justice Hatta Ali won his re-election with 38 votes from 47 voters. Hatta Ali has a long career in Indonesia’s legal field, but in recent years, under his leadership, a lot of officials within the judiciary system have been caught for committing crime. Can Hatta Ali restore the reputation of the institution with this extended term?
Read MoreAnd so the former chief of the Corruption Eradication Commission (KPK) Antasari Azhar finally confronted former President Susilo Bambang Yudhoyono (SBY)—who is also the chairman of Democratic Party and the father of Jakarta gubernatorial candidate Agus Harimurti. Antasari held a press conference made some shocking statements.
Read MoreBank Mandiri (BMRI) booked profit after tax of Rp13.81 trillion in 2016, it dropped 32.1% from Rp20.33 trillion in 2015 due to higher provision for loans. Pre provision operating profit (PPOP) grew by 12.7% to Rp43.26 trillion, from Rp38.38 trillion in the previous year.
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