Trials of the defendants in the case of alleged corruption related to PT Aneka Tambang Tbk (ANTM) are reaching the end. One of the most important defendants, namely the former Director General of Mineral and Coal at the Ministry of Energy and Mineral Resources, Ridwan Djamaluddin, has been found guilty. The decision, however, makes us wonder, will this be the end?
Read MoreThe trial on the series of cases of alleged corruption in Kolaka Timur, Southeast Sulawesi, finally reached the finish line. This week, the last defendants in the case have been found guilty.
Read MorePDIP is starting to select potential candidates that will be nominated for the Jakarta’s 2024 gubernatorial election. Among the potential candidates that have been considered by PDIP to run in Jakarta are big names in Indonesian politics. Let’s talk about their chance at winning in the Jakarta election.
Read MoreShares of consumer goods giant Unilever Indonesia (UNVR) opened higher by 3% to Rp2,720 this morning even when the company reported flat growth in the first quarter of 2024. With market capitalisation of Rp103.4 trillion, Unilever is still among the most ‘valuable’ company on the Indonesia Stock Exchange (IDX).
Read MoreShares of PT Bank Rakyat Indonesia (BRI) Tbk (BBRI) opened substantially lower by 2.9% to Rp5,000 this morning as some investors responded negatively the company’s lacklustre performance in the first quarter.
Read MoreNasdem, a political party led by media mogul Surya Paloh, has decided to join the coalition of the President-elect Prabowo Subianto and the Vice President-elect Gibran Rakabuming Raka. It looks like PKB, PPP, and even PKS will also follow to join Prabowo-Gibran’s coalition. How about PDIP? Will PDIP become the only opposition party?
Read MoreNasdem, a political party led by media mogul Surya Paloh, and PKB, led by Muhaimin, are considering to endorse Anies Baswedan in the Jakarta gubernatorial election that will be held this year. Anies, however, has yet to make a decision on whether he will seek for his second term in Jakarta or not. However, Sudirman Said, a closest aide of Anies, claimed that Anies might not run in the Jakarta election. If it is true, what will Anies do next?
Read MoreThe General Election Commission (KPU) has officially announced Prabowo-Gibran as the President-elect and the Vice President-elect in a ceremonial event held on Wednesday (Apr. 24) following the rulings from the Constitutional Court (MK) that rejected the lawsuits from the losing presidential camps, Anies-Muhaimin and Ganjar-Mahfud. Anies-Muhaimin was present in yesterday’s event to congratulate Prabowo-Gibran, while Ganjar-Mahfud was absent.
Read MoreShares of data center service provider DCI Indonesia (DCII) gained 0.71% Rp35,500 per share on Tuesday (April 23), to make market capitalization of Rp84.62 trilion, while its peer, Mora Telematika Indonesia (MORA), declined 0.4% to Rp456, to make market capitalization of Rp10.78 trillion.
Read MoreInvestors accumulated shares of giant coal Bumi Resources (BUMI) on Tuesday (April 23), lifting the stock price by 21.18% to Rp103, to make market capitalization of Rp38.25 trillion. This development followed report that BUMI intends to eliminating accumulated losses. BUMI will restructure its capital through a quasi reorganization plan.
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