Month: November 2023

Satgas BLBI Latest Summons

The Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) only has three weeks left to work. They started to accelerate the summons of obligors who still had to settle their outstanding...

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Constitutional Court Latest Decision

After going through many obstacles accompanied by various controversies, the Constitutional Court finally decided to reject the Judicial Review application which was registered as case No. 141/PUU-XXI/2023. This application...

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MIND ID’s Financials

PT Mineral Industri Indonesia (MIND ID) has finally released financial report for the period ended June 30, 2023. MIND ID, parent of Aneka Tambang (ANTM), Bukit Asam (PTBA), PT Timah Tbk (TINS), and PT Freeport Indonesia (PT-FI), booked net profit of Rp11.2 trillion in the first half of 2023, increased by 12.3% from the corresponding period of 2022 thanks to substantial contribution from PTFI.

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General Agus’ First Job Rotation

General Agus Subiyanto, the new Military Commander (Panglima TNI), instituted the first ever job rotation under his leadership. The rotation affects 49 high-ranking military officers, including the commander of the Army’s elite forces Kostrad (Pangkostrad), a territorial commander (Pangdam), and the commander of the Presidential Details (Danpaspampres).

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Luhut’s Return

General (ret) Luhut Binsar Pandjaitan was present at the State Palace Jakarta on Wednesday (Nov. 29) when President Joko “Jokowi” Widodo witnessed his son-in-law, General Maruli Simanjuntak, taking the oath as the new Army Chief of Staff (KSAD). Luhut’s presence is undoubtedly the most important thing that is worth highlighting from Maruli’s inauguration. It is Luhut’s first appearance in the country after undergoing medical treatment in Singapore since October 2023.

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