Author: yosefardi.com

The Latest on Ahok vs DPRD DKI

Governor of Jakarta Basuki “Ahok” Tjahaja Purnama is still going head-to-head with Members of Jakarta’s Regional Representative Council (DPRD DKI). The latter accused the former of sending the Ministry of Home Affairs an illegal version of Jakarta’s 2015 budget (APBD) for approval and review. To determine whether or not the law has been violated, DPRD DKI decided to launch their own investigation. Since then, however, the DPRD DKI have shown the public signs that they lack focus in their effort to incriminate the Governor.

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Indonesians Arrested in Turkey

More surprising news came from Turkey. Turkish authorities reportedly arrested 16 Indonesian citizens in the city of Gaziantep while the latter were trying to cross the border between Turkey and Syria. According to the jawapos.com, the Turkish authorities communicated this matter after the disappearance of 16 Indonesian citizens at the Ataturk International airport earlier this month.

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Luhut Pandjaitan’s Boys at the President’s Office

President’s Chief of Staff Gen. (ret) Luhut Pandjaitan and his prospective deputies are facing growing criticisms. A number of President Joko “Jokowi” Widodo’s group of supporters highly doubt the loyalty of Luhut’s proposed deputy candidates. These group even asked Jokowi to find better suited candidates.

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Agung Laksono’s Business Networks

Raden Agung Laksono has so far proven that he has the best kung fu in Golkar. He successfully the leadership of the Party from Aburizal “Ical” Bakrie. And, he secured the official recognition of the central government for his leadership. But Agung’s story goes beyond his life in politics. Let’s look at his business networks.

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Customers of Fitness Centers

Maintaining one’s well-being have increasingly grown to become the priority of urban dwellers. Executives are signing up for gym memberships so they can exercise before or after work. Some even do so to pass the rush hour. We spoke to some members of Jakarta’s fitness centers to understand this developing urban lifestyle.

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Legislative Journal 16/03/2015

In this edition of Legislative Journal we will review three of the thirty-seven bills that are included in the 2015 National Legislative Program (Prolegnas) to be passed this year. The Bills are: the Bill on Trademarks, the Bill on Patent, and the Bill on the Resolution of Industrial Disputes.

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Market Snapshots: PGN Sustainability

Foreign investors booked net sell of Rp464.6 billion on Friday last week, cutting their year-to-date net buy to Rp9.34 trillion. Last week, foreign investors booked net sell of Rp2.37 trillion, while the index fell 1.6%. Nevertheless, agriculture and consumers goods stocks gained 0.45% and 1.53% respectively last week.

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Kalla Factor in the Mahakam Block

The role of Jusuf Kalla is no doubt one of the determinant factors in the future of Indonesia’s largest gas producing block, the Mahakam Offshore in East Kalimantan. Kalla will be among those to determine who gets to control the Mahakam Block. This is a natural consequence of his position as the Vice President of the Republic as well as his influence in the Golkar Party. Let’s review what the Vice President has been saying about the Block.

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Indonesia Eximbank vs Peers (Malaysia & Thailand)

Lembaga Pembiayaan Ekspor Indonesia (Indonesia Eximbank) posted net profit of Rp1.18 trillion last year, jumped 43.9% from 2013 as its net interest income surged by 46.61%. It is lot more profitable than EXIM Thailand, which recorded net profit of 1.5 billion baht only (Rp606 billion) last year, but may not be a better supporter of export.

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Thanks to Haji Lulung

The 2015 Jakarta city budget dispute between Governor Basuki “Ahok” Tjahaja Purnama and the Jakarta city councilors have captivated Indonesian netizens for the past few weeks. Topics such as racial slurs made against the Governor, and the mysterious appropriation for the procurement of uninterruptible power supply (UPS) flooded online discussion forums. But the one topic that went viral and dominated the Indonesian social media universe had to do with the controversial United Development Party politician Abraham “Lulung” Lunggana in the conflict.

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