Day: December 8, 2023

Satgas BLBI Latest Summons

The Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) published five new summons this week, less than two weeks before the Satgas’ term ends. The first summon announced this week...

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On Eddy Hiariej Case

One week after news circulated that the Deputy Minister of Law and Human Rights, Eddy Hiariej, had been named a suspect by the Corruption Eradication Commission (KPK), the anti-corruption institution finally officially announced...

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Far-fetched promises

Scrolling down some Jakarta streets this morning, we found some posters from lawmaker candidates and political parties with far-fetched promises. One lawmaker candidate from new party Gelora, member of Prabowo-Gibran’s campaign, for example, pledges ‘Gelora wins = free meat and eggs for pregnant women’. 

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Ganjar’s Repositioning Strategy

It looks like Ganjar Pranowo, a presidential candidate from the ruling party PDIP, changed his strategy from being offensive toward President Joko “Jokowi” Widodo to becoming more cooperative. Recently, on Thursday (Dec. 7), Ganjar visited the new capital city (IKN) Nusantara in East Kalimantan, where he ensured his commitment to continue the development of the new capital city, which is the legacy of President Jokowi.

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Corporations to Watch

Shares of plantation firm Sawit Sumbermas Sarana (SSMS) gained 1% to Rp1,010 on Thursday (December 7), to market capitalization of Rp9.62 trillion, on report the Company will receive the transfer of debt into shares worth Rp3.45 trillion.

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