While Nasdem Party declared Anies Baswedan as its presidential candidate for 2024 election in an event held in Jakarta, President Joko “Jokowi” Widodo was in Batang Regency, Central Java to inaugurate some major investments, accompanying by governor Ganjar Pranowo, frontrunner in most surveys. The meeting is worth highlighting given its timing and knowing the President’s relationship with the Ganjar.
Read MoreThermal coal fell sharply by 8% to US$399 per ton on Monday (Oct 3) following news about China’s plan to boost output by 300 million tons, but this price is still very high to benefit Indonesian coal miners. They will also continue to spend more to modernize their heavy equipments.
Read MoreAnies Baswedan has been officially nominated by Nasdem Party as its presidential candidate for 2024 election. Nasdem, led by media mogul Surya Paloh, is the fourth largest political party in the House of Representatives (DPR).
Read MoreForeign tourist arrivals in Indonesia jumped sharply by 28,767.5 percent year-on-year to 510.2 thousand in August 2022, boosted by further easing of COVID-19 restrictions and intense preparation for the G20 summit later this...
Read MoreThe Bill for Development and Strengthening of the Financial Sector (RUU PPSK) dubbed as the Financial Omnibus Law is being discussed. The Bill is designed to amend the provisions of several Laws at once and similar to the controversial Law on Job Creation, there are several new proposals from the House of Representatives in the Bill that need attention. Moreover, there is also topic that cause problem. Said problem arose because the House of Representatives decided to provide an opportunity for politicians to become members of the Board of Governors of Bank Indonesia. Their reason is because these positions are chosen through a political process and therefore the limitation of positions on members of political parties is considered to have lost its relevance. However, is that reason enough to be used to bring political interests into the central Bank?
Read More