Moving to East Kalimantan

President Joko ‘Jokowi’ Widodo has on Monday (Aug 26) announced an area in the neighbouring regencies of Penajam Paser Utara and Kutai Kartanegara in East Kalimantan as future capital city of Indonesia to replace Jakarta. This ends months of speculations about the location of the new capital city. As to whether this will become a reality, time will tell. But, why not?

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The Race to Control Golkar (3)

The rivalry between the Chairman of Golkar Party Airlangga Hartarto and his strongest contender Bambang Soesatyo (Bamsoet), who is also the speaker of the House of Representatives (DPR) is turning ugly. Yorrys Raweyai, who is a big supporter of Bamsoet, said that Airlangga’s leadership as the worst in the Party’s history. Earlier, Bamsoet’s supporters from Golkar’s youth wing organization AMPG staged a rally in front of the Party’s headquarters protesting Airlangga.

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KPK Leadership Selection Near the Finish Line

The selection committee tasked to select the new five leaders of the 2019-2023 Corruption Eradication Commission (KPK) has just announced the top 20 candidates that passed the profile assessment test. Who will make it into the final top ten from the said remaining candidates?

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Corporate Actions

Two Indonesian businessmen, Patrick Walujo and Jerry Ng, will acquire 51% shares of the publicly listed lender PT Bank Artos Indonesia Tbk (ARTO) from the existing shareholders Hardy family. Both of them will absorb the share through rights issues program.

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