Author: yosefardi.com

The deaths tell us…(2)

As of this morning, around 1.27 million people worldwide have been confirmed Covid-19 positive, wherein 69,418 have died. There is no accurate data available, however, about how many people have actually been infected. There are scattered data about how many people have been tested in some countries, but should all 7.8 billion people be tested?

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Jokowi & Electricity Issue

The Government is overwhelmed with its efforts to mitigate the COVID-19 pandemic. But still, President Joko “Jokowi” Widodo still pays attention to other crucial issues in the country. One of them is Indonesia’s electricity...

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Corporate FY19 Results

Pharmaceutical firm Kalbe Farma (KLBF) booked a net profit of Rp2.54 trillion in 2019, up 1.6% year on year (y/y), mostly supported by top-line growth, as well as marketing expense control. It booked a net revenue of Rp22.6...

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Market This Week

Global stock markets closed in the red on Friday last week (April 3) and are expected to extend the correction this week as analysts and investors worry about the spread of the virus and its impact on the economy, although some...

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M&A Update

The Financial Services Authority (OJK) offers the merger option to multi finance firms with weak capital capacity, for keeping their business operation or going concerns. The multi finance firms are urged to get additional...

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Kernel Oil Pte Ltd v. Iman Djuniardi

Recently, the Singapore High Court published its decision on the appeal submitted by Kernel Oil Pte Ltd. It’s an appeal against the decision of the assistant registrar related to the lawsuit Kernel Oil filed against one...

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Those who saw the peak recently (2)

More countries have sent out signals of lifting some restrictions related to the handling of Covid-19 outbreak. Both Italy and Spain, two of the worst affected in Europe, have seen early signs of the plateau, but decided to extend their respective lockdown for two more weeks at least. United Kingdom, meanwhile, might need seven to 10 days more to see the peak.

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