Day: October 1, 2024

On Gorby Putra Utama Case

PT Atlas Resources Tbk (ARII) and its subsidiary PT Gorby Putra Utama (PT GPU) is unlikely to be free of problems any time soon. After going through several years full of lawsuits in Jakarta, last year we learned that the...

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Man to Watch: Eko Patrio

The National Mandate Party (PAN), one key member of Prabowo-Gibran’s coalition, has appointed Eko Hendro Purnomo or familiarly known as Eko Patrio, a comedian turned into a politician, as its new Secretary General for 2024-2029 period. Let’s talk a bit about Eko Patrio!

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Reality Check on Merdeka Battery

Shares of Merdeka Battery Materials (MBMA), currently one of the largest nickel players in the country co-owned by Saratoga, Provident, and Thohir (Boy, brother of Erick Thohir—-minister of state-owned enterprises), ended at Rp585 on Monday (Sep 30) to make a market capitalisation of Rp57 trillion.

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Hijacking Democracy

Today, on Oct. 1, the new lawmakers of the House of Representatives (DPR) for the 2024-2029 period will be sworn in altogether. Some of them, however, do not deserve to be inaugurated because they actually failed to collect enough votes in the 2024 legislative election but got a favor from their respective party to replace the elected ones.

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