It has been five years since the corruption scandal in Jambi was uncovered. Since then, dozens of parties have been convicted including the disgraced Governor, Zumi Zola. However, the Corruption Eradication Commission (KPK) is not done with the province. Recently, the KPK announced they had named 28 new suspects in the development of the case. What a mess.
Read MorePathetic oversupply in domestic market has led to series of consolidation in the cement industry. After acquisition of Holcim Indonesia (SMCB) few years back, the state cement producer Semen Indonesia (SMGR) is getting closer to acquire smaller state cement firm Semen Baturaja (SMBR), awaiting the signing of Government Regulation by President Joko ‘Jokowi’ Widodo.
Read MorePresident Joko “Jokowi” Widodo has on Tuesday (Sep 20) inaugurated two new toll roads, namely the Cibitung-Cilincing toll road (two sections) and Serpong-Balaraja toll road (one section). The Cibitung – Cilincing toll road is part of Jakarta Outer Ring Road (JORR)-2 which links industrial and residential areas in the western and the eastern sides of Greater Jakarta.
Read More