yosefardi.com | Analysis by Yosefardi

Jokowi’s New Communication Office

Posted by yosefardi.com | May 18, 2015 | Politics

On Saturday (May. 16), thousands of President Joko “Jokowi” Widodo’s supporters reminded the President that the people had not yet seen the impact of his work. The people had seen nothing more than political acrobatics and poor communication coming out from the State Palace. The complaint came at the right time. The President had just established a communications office to tackle the growing concern on the Palace’s management of political communications. The question now is whether this communications office will be able to fix the problem.

Market Snapshots: Domestic Factors & Foreign Investment Appetite

Posted by yosefardi.com | May 18, 2015 | Market

Investors might focus on domestic factors and investment reports as stocks opened mostly lower ground in Asia this morning. More positive reports came out from various ministries about higher speed of government spending, including in infrastructure projects.

Total Ban on Cigarette Ads: Media Companies?

Posted by yosefardi.com | May 18, 2015 | Industries, Law, Market

Lawmakers are now working on the revision of broadcasting law No. 32/2002. They propose a total ban on advertisement of cigarettes in TV and radio stations. How serious will be its impacts to media companies like MNCN, SCMA, and VIVA?

Oil and Gas Journal: Rejoining OPEC, New Fields

Posted by yosefardi.com | May 18, 2015 | Commodities, Market, Politics

Indonesia is considering rejoining the Organisation of the Petroleum Exporting Countries as an observer after leaving the group six years ago, Wall Street Journal reported two weeks ago. The idea was emerged just when Indonesia’s deficit of oil and gas ballooned 215% to US$878 million in April 2015.

Benjina Case Update: Suspects Detained

Posted by yosefardi.com | May 18, 2015 | Law

Seven people have been declared suspects in the case of alleged trafficking and slavery carried out by PT Pusaka Benjina Resources (PBR) in Benjina, the Aru Islands of Maluku. Earlier this months, the Task Force on Human Trafficking of the Aru Islands Police and the National Police’s Criminal Investigation Unit (Bareskrim Polri) finally made their arrests.

Petral Group Liquidated

Posted by yosefardi.com | May 18, 2015 | Industries, Law

The Government and PT Pertamina agreed to dissolve Pertamina Energy Trading Limited (Petral). Commissioner of Pertamina, Tanri Abeng said that the dissolution would be a part of the initial step for transforming the state-owned oil and gas company. The Minister of State Owned Enterprises (BUMN) and the Minister of Energy and Mineral Resources (ESDM) agreed.

Indonesian Spices Industry: Overview

Posted by yosefardi.com | May 18, 2015 | Industries

In the 17th century, the Dutch and the English fought for the control of a small island in the Banda sea called Pulau Run. Therein the nutmeg trees grew in abundance, and they were found nowhere else but in Pulau Run. This is why the island was so precious, so much so that the English had to let it go to the Dutch for the sake of keeping the island of Manhattan several thousand miles away. Centuries have passed, but spices remain a crucial part of Indonesia’s story.

Revisiting Nusantara Infrastructure

Posted by yosefardi.com | May 18, 2015 | Industries, Market

Nusantara Infrastructure (META) is one of few companies reporting strong performance in the first quarter of 2015. Its net profit surged by 73% in the quarter, thanks to strong revenue growth of 25% and improved margins.

Law Journal: Advocate Organizations

Posted by yosefardi.com | May 18, 2015 | Law

Organizational feud is not limited to politics. The field of law also has its fair share of quarrelling. In 2005, members of Indonesian Bar Association (Ikadin), the Indonesian Advocates Association (AAI), the Association of Indonesian Legal Counsel (IPHI), the Association of Indonesian Advocates and Lawyers (HAPI), and the Syariah Lawyers Association of Indonesia (APSI) agreed to set up an umbrella organization called Peradi. But after four years running, those unsatisfied with Peradi decided to form their own organization.

Corruption in PT PLN

Posted by yosefardi.com | May 18, 2015 | Law

Investigator of the Jakarta High Prosecutors Office (Kejati) questioned the former Director of the State Electricity Company (PT PLN), Nur Pamuji, as a witness on the case of alleged graft in the construction of 21 PLN substations in Java, Bali, and Nusa Tenggara worth Rp1,063 billion. Investigators filed 25 questions in search of evidence to prosecute two suspects, Hengky Wibowo and Yusuf Mirand, the Commitment Making Officers (PPK) for the construction project.

Author: yosefardi.com