Month: January 2019

A Conversation With BUMN’s Fajar Harry Sampoerno

Jan 7, 2019 |

PT Indonesia Asahan Aluminium (INALUM)’s acquisition of 51 percent of PT Freeport Indonesia (PTFI) gained renewed scrutiny after Freeport-McMoRan (FCX) noted the following in a press release: “ The arrangements provide for FCX and the pre-transaction PT-FI shareholders to retain the economics of the revenue and cost sharing arrangements under the Joint Venture. As a result, FCX’s economic interest in PT-FI is expected to approximate 81.28 percent through 2022. FCX will continue to manage the operations of PT-FI.”

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Andi Arief and the Ballot Hoax

Andi Arief and the Ballot Hoax

Jan 7, 2019 |

The Deputy Secretary General of the Democratic Party Andi Arief is known for making dramatic statements. In a move to criticize the Government’s handling of the acid attack on Corruption Eradication Commission investigator Novel Baswedan, Andi asked the President to give his eye to Novel who had lost his. That’s but one example of Andi Arief’s flair.

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Measured Expectations on Agrarian Affairs

Jan 7, 2019 |

President Joko “Jokowi” Widodo boasted on the achievement of his administration to issue over nine million land titles in 2018, well beyond the target of seven million land titles to be issued in the said year. The President should indeed be proud, but he said something else that would’ve been best left unsaid.

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The Campaign Trails

Jan 4, 2019 |

Efforts to delegitimize 2019 election have been intensified by some politicians. The last is hoax about 70 million cast ballots from China for presidential candidate pair Joko Widodo-Ma’ruf Amin. The national police responded reports from the General Elections Commission (KPU) and some groups with the arrest of two persons found of actively viralling the hoax through social media platforms and whatsapp groups.

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Rokan Block Update

Rokan Block Update

Jan 4, 2019 |

PT Pertamina’s contract on the Rokan Block has not been signed. The Ministry of Energy and Mineral Resources (ESDM) had promised to finalize the signing by the end of 2018, that didn’t happen. The Head of ESDM’s Public Relations Agung Pribadi told yosefardi.com that the signing simply has not been scheduled. “It won’t be long, we are still busy with the start of the new year. (Matters concerning) the Rokan Block won’t take long. Just wait for it. Remember that the contract follows the gross split arrangement now,” Agung explained earlier today (Jan. 4).

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