Nickel has been hovering above US$16,000 per ton in the past few days, giving some reliefs to those betting heavily in the commodity. First half results of IDX-listed nickel producers were mostly under pressure, including those entering the industry behind the curve.
Read MoreFrustrated with lack of interest from others? Just throw another party! That’s what exactly the outgoing president Jokowi is doing with extravagant independence day celebration in the new capital city (IKN) Nusantara. At all cost!
Read MoreFormer Vice President (VP) Jusuf Kalla responded to the current political dynamics in relation to this year’s gubernatorial election in Jakarta. Kalla’s response is worth highlighting because he is widely known as political mentor and patron figure of Anies Baswedan, who is eager to run in the Jakarta election for his re-election. Kalla, moreover, is an influential figure in Indonesian business and politics.
Read MorePolitical tension is heating up ahead of the 2024 simultaneous regional elections, especially between the outgoing President Jokowi–and his family—and PDIP. Meanwhile, the Corruption Eradication Commission (KPK) is open to the possibility of summoning Bobby Afif Nasution, the son-in-law of Jokowi, and his wife, Kahiyang Ayu, who is Jokowi’s daughter, in relation to the case of the then North Maluku Governor Abdul Gani Kasuba (AGK).
Read MoreSingapore’s Sembcorp Industries, through its subsidiary Sembcorp Development, has signed a memorandum of understanding (MoU) with Panbil Group, a company controlled by Johannes Kennedy Aritonang, to jointly develop two projects of low carbon industrial parks in Batam, Riau Islands.
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