Shares of natural gas distribution firm Rukun Raharja (RAJA), controlled by Hapsoro (Happy), husband of Puan Maharani (House Speaker, daughter of PDIP leader Megawati Soekarnoputri), opened lower by 2.94% to Rp1,155 this morning to make a market capitalization of Rp4.88 trillion.
Read MoreThe House Speaker Puan Maharani, who is the daughter of the PDIP Chairperson Megawati Soekarnoputri, continues her political safari. After a meeting with Prabowo Subianto, interestingly, Puan is expected to meet with Muhaimin Iskandar, the chairman of the Islamic party PKB, soon.
Read MoreShares of Adaro Minerals Indonesia (ADMR), subsidiary of coal miner Adaro Energy Indonesia (ADRO), gained 4.4% to Rp1,780 on Tuesday (Sep 13) to make a market capitalization of Rp72.8 trillion. The stock has lost 43% from its peak, but still one of the most ‘valuable’ stocks in the Indonesia Stock Exchange (IDX).
Read MoreThe Jakarta city legislative council (DPRD DKI) has nominated three candidates of acting Jakarta governor to replace Anies Baswedan, who will soon end his term. One of the candidates is Heru Budi Hartono, the head of Presidential Secretariat.
Read MoreTime flies. It has been over two years since the Ministry of Finance expanding the tax base by collecting Value Added Tax (VAT/PPN) for digital products in trading through the electronic system (PMSE). The number of collectors continues to increase, as per this week, there are already 127 companies with the same set of responsibilities. The Government has received more than Rp9 trillion tax value in total and had issue an amendment to the legal basis.
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