Day: September 26, 2022

Corporations to watch

PT Pembangunan Perumahan Tbk (PTPP) is scheduled to start commercial operation of Section II (16.3 KM) of the Semarang-Demak toll road in the first half of 2023. Physical construction progress has reached 94.69% with scheduled completion end of the year. 

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SBY vs Jokowi: Tension Continues

Tension is building up between President Joko “Jokowi” Widodo and his predecessor, Susilo Bambang Yudhoyono (SBY), following a series of statements from the latter and his Democratic Party to the President. The President, however, has yet to give any comment to present.

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Puan-Imin Meeting

Puan Maharani, the daughter of PDIP Chairperson Megawati Soekarnoputri, met with the Chairman of PKB Muhaimin Iskandar on Sunday (Sept 25). Unlike her previous meetings with Surya Paloh and Prabowo Subianto, Puan’s meeting with Imin wasn’t held at the office or private residence, but at the National Heroes Cemetery (TMP) in Kalibata, South Jakarta.

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Electric Vehicle Development in Indonesia

Electric vehicle (EV) company PT Mitra Motor Group (MMG), a subsidiary of coal miner PT Indika Energy, created a joint venture (JV) with EV component producer Foxteq Singapore on September 22, 2022. The JV, called PT Foxconn Indika Motor (FIM), is licensed to build EVs with four wheels or more, produce batteries and provide management consulting services.

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Handojo Santosa passes away

Handojo Santoso, CEO and owner of Japfa Comfeed Indonesia (JPFA), one of the largest integrated poultry players, has reportedly passed away in Singapore last night, our source famliar with the issue said. JPFA is a company with...

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