PDIP is starting to select potential candidates that will be nominated for the Jakarta’s 2024 gubernatorial election. Among the potential candidates that have been considered by PDIP to run in Jakarta are big names in Indonesian politics. Let’s talk about their chance at winning in the Jakarta election.
Read MoreShares of consumer goods giant Unilever Indonesia (UNVR) opened higher by 3% to Rp2,720 this morning even when the company reported flat growth in the first quarter of 2024. With market capitalisation of Rp103.4 trillion, Unilever is still among the most ‘valuable’ company on the Indonesia Stock Exchange (IDX).
Read MoreShares of PT Bank Rakyat Indonesia (BRI) Tbk (BBRI) opened substantially lower by 2.9% to Rp5,000 this morning as some investors responded negatively the company’s lacklustre performance in the first quarter.
Read MoreNasdem, a political party led by media mogul Surya Paloh, has decided to join the coalition of the President-elect Prabowo Subianto and the Vice President-elect Gibran Rakabuming Raka. It looks like PKB, PPP, and even PKS will also follow to join Prabowo-Gibran’s coalition. How about PDIP? Will PDIP become the only opposition party?
Read MoreNasdem, a political party led by media mogul Surya Paloh, and PKB, led by Muhaimin, are considering to endorse Anies Baswedan in the Jakarta gubernatorial election that will be held this year. Anies, however, has yet to make a decision on whether he will seek for his second term in Jakarta or not. However, Sudirman Said, a closest aide of Anies, claimed that Anies might not run in the Jakarta election. If it is true, what will Anies do next?
Read MoreThe General Election Commission (KPU) has officially announced Prabowo-Gibran as the President-elect and the Vice President-elect in a ceremonial event held on Wednesday (Apr. 24) following the rulings from the Constitutional Court (MK) that rejected the lawsuits from the losing presidential camps, Anies-Muhaimin and Ganjar-Mahfud. Anies-Muhaimin was present in yesterday’s event to congratulate Prabowo-Gibran, while Ganjar-Mahfud was absent.
Read MoreShares of data center service provider DCI Indonesia (DCII) gained 0.71% Rp35,500 per share on Tuesday (April 23), to make market capitalization of Rp84.62 trilion, while its peer, Mora Telematika Indonesia (MORA), declined 0.4% to Rp456, to make market capitalization of Rp10.78 trillion.
Read MoreInvestors accumulated shares of giant coal Bumi Resources (BUMI) on Tuesday (April 23), lifting the stock price by 21.18% to Rp103, to make market capitalization of Rp38.25 trillion. This development followed report that BUMI intends to eliminating accumulated losses. BUMI will restructure its capital through a quasi reorganization plan.
Read MoreMooryati Soedibyo, the founder and owner of cosmetic company Mustika Ratu (MRAT) has just passed away at 96 years old. She married Soedibyo Purbo Hadiningrat in 1956, and the couple had children named Putri Kuswisnuwardhani, Djoko Ramiadji, and Haryo Tedjo Baskoro. Djoko is recently listed as President Commissioner, while Haryo is listed as Commissioner of MRAT.
Read MoreIn mid 2022, the investigation into allegations of corruption at the root of the problem which caused the cooking oil shortage and price surcharge developed after the Attorney General’s Office (AGO) announced that it had named three groups of companies as suspects. However, until now there are still many questions remaining, especially regarding the Government’s responsibility. The companies tried to file a State Administrative lawsuit against the Minister of Trade soon after and received interesting decisions. This week, the companies once again tried their luck and filed for different lawsuits to the Central Jakarta District Court.
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