Recent Articles
Latest on KPPU Investigation on Google Play Store
The policy changes to the Google Play Store that took effect from June 2022 have a bad impact as several new provisions trigger research initiatives from the Business Competition Supervisory Commission (KPPU). Towards the end of...
Business
Blibli still in red
Online shopping mall Blibli.com (PT Global Digital Niaga Tbk/BELI)), owned by Djarum Group, suffered loss of Rp2.65 trillion in the first nine months (9M) to September of 2023, but narrowed from Rp3.75 trillion loss in the corresponding period last year.
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Coal Prices Rise Slightly
Newcastle coal futures increased to $128 per tonne as demand from China is set to rise as temperatures are falling. China’s thermal coal imports for November are anticipated to reach approximately 29.21 million metric...
Gold Prices Extend 4-Day Winning Streak
Gold rose above $2,040 an ounce on Tuesday, Gold rose above $2,040 an ounce on Tuesday, rising for the fourth consecutive session and approaching a record close of 2050.5 hit in May as the US dollar retreated after speeches by...
Oil Rises by Over 2.5%
WTI crude futures rose more than 2.5% to over $76.5 per barrel on Tuesday, rebounding from four consecutive sessions of losses, as OPEC+ members continued negotiations over output levels. Saudi Arabia has been urging other...
Profiles
The Wedding of Ryan Harris and Gwen Ashley
For several days, social media has been abuzz with video footage and photos of Ryan Harris' wedding to Gwen Ashley. The reception, which was held at The Westin Surabaya and used all the rooms in the five-star hotel, is said to have cost Rp75 billion. Once again, we see a display of wealth in the union of two families, often dubbed as "Crazy Rich Surabaya".