Dec 1, 2016 | Law, Market
The negotiation between the Government and Google’s Asia-Pacific entity based in Singapore regarding the Company’s back taxes is reportedly closing to the finish line since both parties are said reaching for a win-win solution. The Government demanded the Company to...
Dec 1, 2016 | Law, Politics
Hengky Setiawan, CEO of Telesindo (TELE), admitted of a picture about him, Rommy Winata (younger brother of Tommy Winata), and Habibie Rizieq, chairman of Islamic Defenders Front (FPI), leader of anti-Ahok movements. “That’s not him (Tommy Winata)…It’s me, and Rommy...
Nov 30, 2016 | Law, Politics
The Attorney General’s Office (AGO) is having a bad year and it’s getting worse after the South Jakarta District Court decided to partially grant the pre-trial lawsuits filed by two suspects in the case of alleged corruption in tax restitution conducted by PT Mobile-8...
Nov 30, 2016 | Law, Politics
Corruption Crime Court of the Surabaya District Court in East Java has on Tuesday (Nov 29) held the first trial of Dahlan Iskan, former minister of state-owned enterprises, who is accused of causing losses to the State regarding divestment of assets of PT Panca Wira...
Nov 29, 2016 | Law, Politics
The investigation conducted by the Corruption Eradication Commission (KPK) on the case of alleged graft on the procurement of electronic identity card (e-KTP) during the period of 2011-2012 is getting more complicated after new problems slowly arise since early...
Nov 29, 2016 | Law, Politics
The investigation conducted by the Corruption Eradication Commission (KPK) on the case of alleged graft in the procurement of electronic identity card (e-KTP) during the period of 2011-2012 is getting more complicated after new problems slowly arise since early...
Nov 28, 2016 | Law, Politics
For those of you with special interest in nickel industry, political developments and corruption cases in Southeast Sulawesi deserved attentions. They could affect future dynamics of nickel industry, given new smelter projects being built and planned in the province. ...
Nov 27, 2016 | Law, Market
PT Sariwangi Agricultural Estate Agency (Sari Wangi AEA Co Ltd – Sariwangi) and its subsidiary PT Maskapai Perkebunan Indorub Sumber Wadung (Indorub) escaped bankruptcy since September last year after being able to resolve the debts disputes during the period of...
Nov 27, 2016 | Commodities, Law
On November 22, 2016 the team of curators for the insolvency of PT Kaltim Supacoal published an announcement stating that the process of insolvency of the Company is finished. But the announcement did not give further explanation. Earlier in May 2016, the Singapore...
