Author: yosefardi.com

Dalton Tanonaka v. Prem Harjani

Senior announcer Dalton Ichiro Tanonaka, who is also the Director of PT Melia Media International (MMI), is facing a lawsuit related to a breach of contract, and a civil suit filed by PT Vivaces Prabu Investments. Dalton allegedly committed fraud and embezzled investment funds amounting to US$500,000.

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The Constitutional Court Under Attack

A number of students, who are members of the Jakarta Law Student Movement (GMHJ), reported four Justices of the Constitutional Court to the Jakarta Metropolitan Police, following the Constitutional Court (MK) decision to grant the judicial review filed by the Indonesian Judges Association (IKAHI)—the decision that took away the authority of the Judicial Commission (KY) to supervise and monitor the admission of judges.

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Nasdem & the Second Round of Cabinet Reshuffle

The National Democratic (Naseem) Party, a political party led by the media baron Surya Paloh, had lost one strategic portfolio, i.e., the position of the Coordinating Minister for Politics, Law & Security affairs in the last cabinet reshuffle. There is now a possibility that Nasdem would lose another strategic portfolio in the second round of cabinet reshuffle as more and more politicians demand the replacement of the Attorney General (AG) HM Prasetyo.

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PAN & the Second Round of Cabinet Reshuffle

The National Mandate Party (PAN) confirmed the report that the party had proposed five ministerial candidates to President Joko “Jokowi” Widodo. This is why more and more people are talking about the second round of a cabinet reshuffle to happen in the near future. PAN reportedly proposed the following five names to President Jokowi as potential ministerial candidates: Didik J. Rachbini, Eddy Soeparno, Asman Abnur, Taufik Kurniawan, and Achmad Hanafi Rais.

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Jokowi’s First Year: Investments

The Investment Coordinating Board (BKPM) recorded the investment appetite of US$165 billion, equivalent Rp2,062 trillion, during the first year of President Joko “Jokowi” Widodo. BKPM operates its representatives offices in 8 countries and has marketing officers team working abroad.

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Market Snapshots & Corporate Actions

Japan’s Nikkei 225 index gained 0.78% in this early morning trade, shrugged off slower-than-expected exports data to rise early Wednesday, while the rest of the region posted a tepid open following a lackluster lead from Wall Street, Cnbc.com reported. Nymex’s crude oil fell 0.7% to US$45.96 per barrel in Asian trading this morning and gold inched down 0.01% to US$1,177.50 per ounce.

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Jokowi’s First Year: Transportation Sector

“If there is someone out there saying maritime axis is not working, let’s find the right stage and debating (the issue) with me, because I can provide lots of proofs…Within one year, we have been building 200 ships, which equals five years in the previous leadership,” said Ignatius Jonan, minister of transportation, in a public discussion about first year of Jokowi-Kalla administration, Tuesday (Oct 20).

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Jokowi’s First Year

“I give him three months,” one businessman, who is also leader of a major political party, told a friend in October 2014, when asked about the future of President Joko ‘Jokowi’ Widodo. The businessman, a supporter of Prabowo Subianto in last year’s election, was not alone. Some professors and those claiming themselves political analysts said Jokowi won’t survive even for one year. But, here we are. Jokowi is not only still the President, but gained more grounds, and might on his way for two terms.

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