There are more and more signals that PDIP might join Prabowo Subianto’s administration instead of becoming opposition alone. Given these signals, some started to speculate on who might be proposed by PDIP for becoming ministers in Prabowo’s cabinet. Megawati Soekarnoputri, matriarch of the party, might surprise everybody with her final say though.
Read MoreCompared to peers, state mining companies (INALUM and Aneka Tambang) have been very slow in adding value to the bauxite ore resources. Aneka Tambang (ANTM) was actually the first to build a chemical grade alumina (CGA) refinery, but even one decade after its first commercial operation the so-called Tayan CGA yet to make money.
Read MoreDeputy finance minister II Tommy Djiwandono, nephew of president elect Prabowo Subianto, said on Tuesday (Sep 24) that the eight percent GDP growth target set by his uncle is not a dream, but a necessity to escape from the middle income trap. Tommy pointed out four main areas prioritised by Prabowo government in the coming years: education, health, food, and energy security.
Read MoreA case of alleged corruption has hit PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR). The Corruption Eradication Commission (KPK) suspects that there are parties that have marked up advertising placement funds throughout the 2021 to 2023 budget years with an inflated amount reaching 100 percent. Reportedly, five individuals have been named as suspects. This news surprised many parties, but we know this is not the first time Bank BJB has had to deal with the law.
Read MoreIn the domestic aviation industry, we know that the public has been asking for years about the reasons why domestic plane ticket prices can be many times more expensive than flights abroad. Until now, there has been no answer that the public can understand. To make matters worse, stakeholders and policymakers seem confused by the small problems that must be solved. In this case, various allegations have emerged, including allegations of unfair business competition and monopolistic practices. Not long ago, KPPU conveyed what efforts have been made to resolve this problem.
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