Day: September 23, 2022

Nickel-EV Journal

Nickel retreated to US$24,365 per ton in LME Thursday (Sep 22), but this price is still more than enough to make Indonesian producers reporting decent profitability in the second half of the year. The commodity’s outlook remains positive thanks to an even more impressive growth of electric vehicle (EV) market worldwide. 

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Digital banks so far

Shares of Bank Jago (ARTO), which claim itself as digital bank, opened further down by 3% to Rp7,275 this morning to make a market capitalization of Rp99.8 trillion. The stock ended lower by 1.66% to Rp7,425 on Thursday despite a relatively ‘strong results’ reported in the first half of 2022. The bank, like other ‘digital bank stocks’, has collapsed by 62.9% from its peak.

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Noteworthy Survey Results

Charta Politika found Ganjar Pranowo leading the poll with substantial margin. If Ganjar cannot enter the 2024 presidential election and the ruling party PDIP decides to nominate Puan Maharani instead, another pollster Saiful...

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HappyFresh resumes Indonesian operation

E-grocery start-up HappyFresh is back in operation in Indonesia after receiving fresh funds in the form of debt from Genesis, Innoven, and Mars. The amount of funds received is kept confidential by the company. Bear in mind that...

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