Month: August 2024

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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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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On the Gold Import Scandal : First Trials

After over three years filled with puzzling allegations and accusations including a series of seemingly designed lawsuits, confusing enough that the court also failed to identify the real case earlier, we now witness the...

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On Corruption in North Maluku

Abdul Gani Kasuba, governor of North Maluku, was arrested by the Corruption Eradication Commission (KPK) in a series of sting operations carried out in several different locations towards the end of 2023. The KPK succeeded in...

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