Day: August 29, 2024

Restoring Dignity and Honor of All Parties

The drama regarding the implementing regulations for the 2024 simultaneous Regional Leaders Elections is finally over, hopefully, after the amendment to the General Elections Commission Regulation (PKPU) No. 8/2024 concerning...

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Revisiting Corruption in Jasindo

Years ago the Corruption Eradication Commission (KPK) first announced its investigation into allegations of corruption involving State-owned insurance company PT Asuransi Jasa Indonesia (Jasindo). The lengthy process of...

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The troubled NETV

Shares of PT Net Visi Media Tbk (NETV), owner of NET TV, ended at Rp89 on Wednesday (Aug 28) to make a market capitalisation of Rp2.09 trillion. NET TV launched initial public offering (IPO) at Rp196 per share in early 2022 with PT NH Korindo Sekuritas Indonesia as lead underwriter. 

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The MAJ Nusa Dua’s New Owner

There were media reports last year about PKPU lawsuit filed by EPC contractor PT Tatamulia Nusantara Indah against PT Narendra Interpacific Indonesia, developer of the Shangri-La Resorts and Hotel at Nusa Dua tourism complex, Bali Island. The lawsuit was filed due to Rp76.6 billion overdue receivables since December 2018.

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More Balanced Race in West Java

Unlike Jakarta and East Java, we may see a more balanced competition between three gubernatorial pairs in the election in West Java, the most populated province in Indonesia. The three gubernatorial pairs are Dedi Mulyadi-Erwan Setiawan from KIM Plus (an expanded coalition of Prabowo-Gibran), Ahmad Syaikhu-Ilham Habibie from PKS-Nasdem, and Ono Surono-Acep Adang Ruhiat from PDIP-PKB.

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