Day: August 29, 2024

Anti-Climax

After massive protests from civil society groups, student activists, and those from Partai Buruh (Labor Party) led by Said Iqbal, Anies Baswedan’s supporter, to support the Constitutional Court’s (MK) ruling that paves the way for more political parties to nominate regional head candidates, PDIP chose to nominate an unexpected candidate for Jakarta election. In East Java election, PKB nominates an unexpected candidate as well.

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The consistently undervalued United Tractors

Shares of United Tractors (UNTR)—a subsidiary of Astra International engaged in construction machinery supply, coal mining contracting, own coal business, gold mining, power generation, and civil construction—gained 1.65% to Rp27,700 on Wednesday (August 28) to market capitalization Rp103.3 trillion.

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