Malaysian palm oil futures hovered near MYR 3,880 per tonne, continuing their bullish traction for the third session as rival oils were higher. Meanwhile, crude oil prices held their gains amid shipping disruptions in the Red...
Read MoreAsian equity markets mostly rose on Tuesday as investors digested the latest inflation figures from Japan, while looking ahead to Australian inflation numbers and the Reserve Bank of New Zealand’s interest rate decision on...
Read MoreWTI crude futures extended gains to above $78 per barrel on Tuesday, following a 1.4% rise in the previous session due to supply concerns and a stronger US physical market. Uncertainties persist over a possible Gaza ceasefire,...
Read MoreThe trial of the decade ended in 2020. Benny Tjokrosaputro and Heru Hidayat, who were defendants in the corruption related to PT Asuransi Jiwasraya, were found guilty and sentenced to life imprisonment. It’s a historic outcome in Indonesia’s corruption eradication effort, but questions remain until today. Benny insisted that he was not the one to blame in the case. During the court proceedings he accused the Bakrie Group for playing a bigger role in causing State losses, Benny even tried to sue the Supreme Audit Agency (BPK) repeatedly, but we never really understand what he really meant. Interestingly, this week the South Jakarta District Court registered a lawsuit filed by several familiar names against the Attorney General’s Office (AGO) and although the court has not published detailed information on the lawsuit, the plaintiffs remind us of the Asuransi Jiwasraya case.
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The national media outlets pick up the news that went viral regarding the purchase of one Boeing Business Jet (BBJ) MAX 7 by Seacons Trading Ltd, a company owned by Andi Syamsuddin Arsyad a.k.a Haji Isam, the owner of Jhonlin Group. Let’s talk a bit about the businessman, especially his extensive political and business connections.
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