Thomas “Tom” Lembong, who is now co-captain of Anies Baswedan-Muhaimin Iskandar’s campaign team, shared the reasons why he chose to oppose President Joko “Jokowi” Widodo and support Anies in the 2024 presidential election. Tom stated that he agrees with Anies that it is time for a change. The question is, what kind of change will Anies bring into this country?
Read MoreAlmost everybody in Jokowi’s Team (Praboro-Gibran) trying to kissing ass by attacking LFP batteries. The latest, Luhut Binsar Pandjaitan, coordinating minister for maritime and investment affairs, said LFP can not be recycled so that nickel batteries is more superior than LFP, but he didn’t mention about their superiority in cycle life, safety characteristics, and cost efficiency.
Read More
Freeport McMoRan (FCX) has just released fourth quarter 2023 results, including performance and various issues at PT Freeport Indonesia, one of the world’s largest copper and gold producers. One outstanding issue in the report is financial impact of the government’s policy on export duty.
Read MoreChina’s tire manufacturer Zhongce Rubber Group Co. Ltd (ZC Rubber) has officially announced its plan to construct its second overseas tire factory in Indonesia. The company, in addition, aims to commence tire production at the new facility by the end of 2024. ZC Rubber is also evaluating the possibility of building another plant in Mexico.
Read MorePT Bank Central Asia (BCA) Tbk (BBCA) booked net profit of Rp48.6 trillion in 2023, grew 19.4% year on year (y/y). BCA’s controlling owner Djarum Group has earlier been mentioned by Boy Thohir (co-owner of Adaro Energy) as one of major business groups declaring support for Prabowo-Gibran campaign.
Read More