We will have few days of break for New Year holidays, but politicians will continue to capitalize on whatever issues come up. Campaigns will likely be accelerating in two weeks time, especially ahead of the first presidential debate scheduled January 17. Jokowi and Ma’ruf are in Jakarta at the moment, while Prabowo and Sandiaga are out there in Ambon (Maluku) and Solo (Central Java) respectively.
Read MoreShares of First Media (KBLV) dropped 7.14% this morning after the government announced revocation of KBLV’s license for the utilization of 2.3 GHz frequency. This will clearly worsen financial situation of First Media and its subsidiary Internux, which owe lot of creditors and tower providers.
Read MoreNational police arrested Johar Lin Eng, member of the executive committee of Indonesian Football Association (PSSI) in the score manipulation scandal. Two other members of the committee are also said involved in the match-fixing scandal, which makes Indonesian football even worse.
Read MoreHary Tanoesoedibjo made a shocking move in 2017. For a long time, he played the opposition card vis-a-vis President Joko “Jokowi” Widodo, but in the said year he made a u-turn and became a Jokower. Ever since then market players have been wondering if the media mogul has made the right bet. Would his business (MNC Group) benefit if Jokowi were re-elected? What is Hary Tanoe’s real objective?
Read MoreThe Ministry of Energy and Mineral Resources (ESDM) have not yet decided on the future of the Corridor Block and the Jabung Block. The contract for the management of the two blocks will expire in 2023. The Rimau Block, on the other hand, already has some clarity over its fate.
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