Day: January 25, 2024

Sinarmas digs deeper to keep SmarFren ringing

Share of Sinarmas Group telecommunication firm Smartfren Telecom (FREN) gained 2% to Rp51 on Wednesday (January 24), to make market capitalization of Rp17.1 trillion. While FREN said it would increase capital with preemptive rights or a rights issue, targeting funds of up to Rp8.57 trillion.

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Why Jokowi’s Team (Prabowo-Gibran) getting emotional on LFP vs nickel?

Vice president candidate Muhaiman Iskandar was considered ‘anti-nickel’, while intellectual capacity of Thomas (Tom) Lembong, co-captain of Anies-Muhaimin campaign, is now seriously doubted by Luhut Binsar Pandjaitan, coordinating minister for maritime and investment affairs, when Muhaimin and Tom criticized the government’s policy on nickel processing. Why Jokowi’s supporters (and accordingly Prabowo-Gibran campaign) are getting emotional?

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