Years ago the former chairman of Indonesia Bank Restructuring Agency (IBRA/BPPN), Syaf Temenggung, was named a suspect by the Corruption Eradication Commission (KPK) for the alleged misappropriation on the issuance of release...
Read MoreWe all know how Benny Tjokrosaputro, graft convict in the PT Asuransi Sosial Angkatan Bersenjata Republik Indonesia (PT ASABRI) corruption scandal and the case of corruption in Asuransi Jiwasraya refused to give up. Even though...
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The Jakarta Post quoted Fajar Budiono, secretary general of the Indonesian Olefin, Aromatic and Plastic Industry Association (INAplas), saying the plastic and petrochemical sectors are bracing for potential mass layoffs because of low utilisation rate of factories amidst growing import. Yet, Chandra Asri Petrochemical (TPIA), the largest player, continues its overtly high valuation in the stock market.
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Political parties within the so-called KIM Plus coalition, the expanded coalition of Prabowo-Gibran, have proposed its ministerial candidates and the selection process of the candidates has already begun. Political parties aside, some political and influential figures also took the opportunity to make suggestions to Prabowo here and there. One of them is former Vice President (VP) Jusuf Kalla, who reminds Prabowo to appoint the right figure for the next Minister of Education. Kalla delivered the statement after he heavily criticized the current Minister of Education Nadiem Makarim.
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President Joko ‘Jokowi’ Widodo inaugurated the commercial operation of the Sigli – Banda Aceh toll road in Aceh province for the section 2 Seulimeum – Jantho (6.26 KM), section 3 Jantho – Indrapuri (16.37 KM), section 5 Blang Bintang – Kuto Baro (7.6 KM), and section 6 Kuto Baro – Baitussalam (5.11 KM) yesterday. Meanwhile, the construction of section 1 Padang Tiji – Seulimeum (24.58 KM) has reached 88.6% of progress in August 2024.
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