Implementing regulations of the new personal data protection (PDP) Law, which was deliberated on Tuesday (Sep 20), are clearly interesting to watch because the law will have wide-ranging impacts to the business community. Market participants shall also closely monitor the omnibus bill for financial sector (P2SK), which will also have substantial impacts.
Read MoreTensions between the Democratic Party and the PDIP continue to flare. Recently, Democratic Party accused PDIP for an attempt to tackle Susilo Bambang Yudhoyono (SBY) seeking his re-election in the 2009 presidential election through the deliberation of the Law No. 42/2008. However, it seems they have forgotten the history.
Read MoreGold prices steadied around $1,675 an ounce on Tuesday (September 20), hovering close to the lowest levels in over two years, as investors remained on the sidelines ahead of a key US Federal Reserve meeting where it is expected to deliver another outsized interest rate hike to tackle high inflation. Higher-than-expected inflation numbers and solid economic data in the US last week cemented expectations that the Fed will tighten further, and markets are currently priced for a third straight 75 basis point increase.
Read MoreThe Chairperson of the ruling party PDIP, Megawati Soekarnoputri, asked everyone to be patient because she’s still finalizing the name of presidential nominee from the Party. Megawati also stated that PDIP can run alone in 2024 race.
Read MoreIn November 2020, PT Asuransi Jiwa Kresna (known as Kresna Life linked to PT Kresna Graha Investama Tbk – KREN) was sued by one of its clients. Within less than a month, the Company was forced to restructure its debts in a period of Suspension of Debts Payment (PKPU).
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