Responding to this week’s investigative report from Tempo magazine about nickel tentacles of Bahlil Lahadalia, minister of investments, the Corruption Eradication Commission (KPK) said it will soon seek clarification from Bahlil. Some politicians, in the meantime, have mounted pressures to immediately investigate Bahlil, key member of Prabowo-Gibran campaign.
Read MoreAnies Baswedan, a losing presidential candidate based on quick count from various pollsters and ongoing real count conducted by the General Election Commission (KPU), talked about a scenario of making all political parties become a part of the ruling coalition that will support the next administration. Similar to Anies, his closest ally, Sudirman Said, has earlier shared his concern on it.
Read MoreRajawali Group, controlled by tycoon Peter Sondakh, might continue divesting its assets. After selling controlling shareholding in coal mining company Golden Eagle (SMMT) and advertising company Fortune Indonesia (FORU), investors have long awaited divestment of gold mining company Arci Indonesia (ARCI).
Read MoreShares of state coal miner PT Bukit Asam Tbk (PTBA) ended substantially higher by 4.26% on Monday (March 4) to make a market capitalization of Rp31 trillion, less than 1/20 of Dato Low’s Bayan Resources (Rp648 trillion). It is also smaller than Sinarmas Group’s Golden Energy Mines (Rp33 trillion).
Read MoreFormer Vice President Jusuf Kalla addressed some important issues, including his potential meeting with the fifth President Megawati Soekarnoputri, who is the matriarch of the ruling party PDIP, and the rumor that President Joko “Jokowi” Widodo might join Golkar Party. Kalla’s statement is worth highlighting given that he is former chairman of Golkar and also political mentor of Anies Baswedan.
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