Company to Watch: CNGR
China’s CNGR Advanced Material Co. Ltd is a company to watch given its ambitious metal processing projects and relationship with political heavyweights in the country.
Read MoreMonth: October 2024
On Corruption in the Ministry of Manpower
The Corruption Eradication Commission (KPK) conducted years of investigation before finally announcing the case of alleged corruption at the Ministry of Manpower earlier this year. The case eventually ensnared several suspects...
Read MoreOn Corruption in INKA
The East Java High Prosecutors’ Office (Kejati Jatim) has just named the former President Director of PT INKA, Budi Noviantara, as a suspect in a case of alleged corruption. Budi is suspected of being involved in the...
Read MoreAdaro’s thermal coal spin-off (1)
Shares of Adaro Energy (ADRO) have gained 11.4% in the past three weeks or so since the company announced a plan to spin-off the thermal coal business, offering the shares to its existing shareholders. It is the first such kind on the Indonesia Stock Exchange (IDX), which might be followed by other players seeking ways to transform themselves into ‘green companies’.
Read MoreGoogle at al pick neighbours instead
Google has reportedly decided to build US$1 billion data centre in Thailand. In late August 2024, global media outlets reported that the tech giant also considered Ho Chi Minh City in Vietnam as potential location for a hyper scale data centre.
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