Month: October 2024

What’s next for Adilmart?

CCK Consolidated Holdings Bhd is divesting 40% stake in its Indonesian subsidiary PT Adilmart to Creador with RM163.1 million of investment. This is slightly lower than the initial investment proposed by Creador of RM170.3 million, when the deal was announced back in May.

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KPK Leadership Selection: The Final Top Ten

The selection committee tasked to select the new five leaders of the Corruption Eradication Commission (KPK) for 2024-2029 period has just submitted the final list of top ten candidates to the outgoing President Jokowi. Who are they? Which ones will be elected as the new five KPK leaders by the House of Representatives (DPR)?

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Man to Watch: Bambang Brodjonegoro

At the time when the current Minister of Finance Sri Mulyani Indrawati was rumored to be stepping down from her position earlier this year, Bambang Brodjonegoro’s name came up as one of the candidates suggested by economists for the replacement. It was believed that Bambang would have been an ideal option because of his past experiences as the Head of BAPPENAS (Ministry of National Development Planning), the Minister of Finance, and the Minister of Research and Technology during both of President Jokowi’s terms.

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Puan’s Reelection & the New DPR Leadership

Pretty much as predicted, Puan Maharani, the daughter of PDIP matriarch Megawati Soekarnoputri, is re-elected as the Speaker of the House of Representatives (DPR) for 2024-2029 period. Puan will be assisted by four deputy speakers from Gerindra, Golkar, PKB, and Nasdem Party.

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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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