Apr 1, 2021 | Law, Profiles
The Corruption Court of the Central Jakarta District Court continues to examine the latest defendant in the case of corruption involving PT Asuransi Jiwasraya (Persero). One person refused to surrender. On March 31, 2021, Benny Tjokro filed another lawsuit against the...
Mar 5, 2021 | Law, Profiles
Joko Tjandra’s appearance last year caused a stir and led to investigations on three new cases, two of which were investigated by the POLRI. The cases are one general crime namely case of alleged forgery and obstruction of justice, the other is a specific crime...
Feb 17, 2021 | Politics, Profiles
President Joko “Jokowi” Widodo has announced the board of directors of the newly established Lembaga Pengelola Investasi (LPI), Indonesia’s version of Sovereign Wealth Fund (SWF). We noted two of the directors in the previous installment of this article. Today we note...
Feb 15, 2021 | Commodities, Profiles
Some nickel players reported substantial profit from investments in the smelters, but others failed for various reasons, including selection of technology. That’s probably why one of the nickel companies listed on Indonesia Stock Exchange (IDX) is valued only slightly...
Feb 9, 2021 | Commodities, Profiles
Some emerged as nickel players because of their ability to get nickel mining area previously studied or explored by Vale Indonesia (INCO). Over the years, Vale relinquished tens of thousands of hectares to the State. Some blocks have been taken, but winners of the...