Joko “Jokowi” Widodo and Jusuf Kalla will be sworn in as the Seventh President and Vice President of the Republic of Indonesia next week, on Monday Oct. 20, 2014. Preparations are underway. So let’s cover the inauguration schedule for Oct. 20, what’s fixed and what isn’t.
Read MoreSuppose that President-elect Joko “Jokowi” Widodo is going to wait until next year to appoint a new Military Commander and a new Chief of the National Police. Who would Jokowi pick? Who would qualify for the positions? In what way would Jokowi choose his nominees?
Read MoreWe’ve been asked whether or not President-elect Joko “Jokowi” Widodo will appoint a new Commander of the Indonesian Military (TNI) and a new Chief of the National Police. Here’s our answer.
Read MoreOther than United Tractors’ plan to acquire construction firm PT Acset Indonesia (ACST) Tbk, there are some acquisition deals deserved watching, including QSR Indoburger’s plan to acquire Burger King outlets from Mitra Adiperkasa, Top Global on Suryamas, etc.
Read MoreAsian stocks opened mostly lower this morning to tracking Wall Street. Nikkei 225 leads with 2.4% fall, while Strait Times Index lost 1% in the opening hour.
Read MoreChinese agriculture giant COFCO has agreed to acquire 51% shares in Noble Agri Ltd for US$1.5 billion in cash. Noble Group maintains 49% stake in the company, which has three divisions: grains & oilseeds, softs trading, and sugar milling.
Read MorePT United Tractors (UNTR) Tbk, a heavy equipment, mining contractor, and coal producer, has entered into a memorandum of understanding with PT Loka Cipta Kreasi and PT Cross Plus Indonesia to acquire their combined 50.1% shares in construction firm PT Acset Indonusa (ACST) Tbk.
Read MoreFalling coal and oil prices triggered some fund managers to offload shares of Indonesian coal producers, weighing the whole market recovery. Trading was heavy in the shares of Adaro, Indo Tambangraya Megah, Bukit Asam, and United Tractors, which are major and profitable companies.
Read MoreWe recently spoke to a couple of sources acquainted with President-elect Joko “Jokowi” Widodo’s cabinet formation process. Here are some of the things we heard:
Read MoreComposite index of Indonesia Stock Exchange (IDX) opened higher by 0.51% this morning on optimism that president elect Joko ‘Jokowi’ Widodo would be able to ease political tensions in the country. The crash of commodities, however, might cap recovery.
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