Month: September 2022

The New KPK Commissioner

Johanis Tanak has been elected as the new commissioner of the Corruption Eradication Commission (KPK) replacing Lili Pintauli Siregar, who resigned from the agency due to ethical violations. Johanis, a former state prosecutor,...

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Domestic asphalt production

President Joko “Jokowi” Widodo in his visit to inspect PT Wika Bitumen, a unit of state construction firm Wijaya Karya (WIKA), in Buton Regency, Southeast Sulawesi province yesterday urged the import of asphalt to be stopped by 2024. The domestic industry would be encouraged to meet the needs of the raw materials for road construction. 

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Rupiah & Commodities

The rupiah weakened toward Rp15,260 against the US dollar on Wednesday (September 28), the weakest level since April 2020, in line with the majority of other Asian currencies, as the dollar index hit a 20-year high after hawkish statements by the US Federal Reserve officials and reports that there was no possibility of a global deal to adjust currency values.

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JKW & TW

President Joko “Jokowi” Widodo recently sent a humanitarian aid to Pakistan. Interestingly, the influential businessman Tomy Winata (TW) was among those who accompanied the President during the event. This is the second time TW...

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Klasofo v. Pertamina EP

PT Pertamina EP (PEP), a subsidiary of Pertamina Hulu Energi, does not seem to be free from problems. Recently, one of the company partners filed a lawsuit, accusing the company of committing tort. What happened? The lawsuit in...

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