Month: December 2023

Corruption Journal

Towards the end of 2023, several corruption cases are also nearing their end. In the trial of the bribee in the case of corruption involving officials of the Directorate General of Railways at the Ministry of Transportation,...

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Artificially high composite index

Indonesia Stock Exchange (IDX) might end 2023 in new high as it closed at 7,304 on Thursday (Dec 28). The year has been marked by initial public offering (IPO) of some major companies, including Amman Mineral (AMMN), the second largest gold and copper producer, and Barito Renewables (BREN), the largest geothermal player. 

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Polling War

A new survey from the so-called Forum Alumni Perguruan Tinggi Indonesia (FAPTI) that works together with Alvara Research Center found Ganjar Pranowo-Mahfud MD at the second position. FAPTI-Alvara, moreover, predicts that Ganjar-Mahfud will challenge Prabowo Subianto-Gibran Rakabuming Raka in the election runoff. Let’s talk a bit about this survey.

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Corporations to Watch: ANTM

State miner Aneka Tambang (ANTM), member of PT Mineral Industri Indonesia (Persero) (MIND ID)–the State-owned Enterprise Holding of the Mining Industry–, announced that it has completed a series of transactions with Ningbo Contemporary Brunp Lygend Co Ltd (CBL), through its controlled subsidiary Hongkong CBL Limited (HKCBL), related to the integrated nickel minerals downstream development in Indonesia.

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December 2023
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