State coal producer Bukit Asam (PTBA) booked profit attributable to owners of Rp3.78 trillion in first 9M this year, dropped 60% y/y, due to lower revenues and higher costs, mainly associated to the government’s policy on coal royalty. 

President Joko “Jokowi” Widodo held a luncheon meeting with three presidential candidates at the State Palace Jakarta on Monday (Oct. 30). The meeting was held soon after President Jokowi briefed the acting regional heads across the country, in which the President instructed the regional heads to remain neutral during the 2024 simultaneous presidential and legislative elections. Really?

Pretty much as predicted, President Joko “Jokowi” Widodo nominated General Agus Subiyanto as the next Military Commander (Panglima TNI) to replace Admiral Yudo Margono, who will soon enter his mandatory retirement age. General Agus has just been sworn in as the new Army Chief of Staff (KSAD) six days ago. Agus’ nomination as Yudo’s successor will trigger major rotation in the Army.

We have three pairings of presidential and vice-presidential candidates that will compete in the 2024 presidential election. How about the figures that had previously been mentioned as potential candidates but failed to enter the race? There’s a question of whether they will join the three presidential camps or choose to stay out of the race.

Less than a month before ending his term, Military Commander (Panglima TNI) Admiral Yudo Margono instituted another round of job rotation. The rotation affects 36 high-ranking military officers, including the Navy Vice Chief of Staff (Wakasal) and the Commander of the Joint Defense Command (Pangkogabwilhan). We’re also anticipating a possible major rotation in the Army that may happen within the next few weeks since Admiral Yudo will soon end his term and the campaign period of 2024 elections is about to start.

The Chief of the National Police (Kapolri), General Listyo Sigit Prabowo, recently instituted a police job rotation. This job rotation is truly worth highlighting in relation to 2024 elections because it affects 55 high-ranking police officers, including provincial police chiefs and the commander of the National Police’s Mobile Brigade (Brimob). The Police, as we all know, is expected to secure the 2024 simultaneous presidential and legislative elections that will soon enter a campaign period.

President Joko “Jokowi” Widodo only made one change into his cabinet by appointing Amran Sulaiman as the new agriculture minister to replace the disgraced Syahrul Yasin Limpo. However, the reshuffle might not be over yet and there’s still a possibility that we might see the President apply more changes into his cabinet.

Amran Sulaiman returns to President Joko “Jokowi” Widodo’s cabinet after being appointed as agriculture minister replacing the disgraced Syahrul Yasin Limpo. Amran was also agriculture minister back in Jokowi’s first term. Amran’s return to the cabinet is truly worth highlighting in relation to the 2024 presidential race.

Three presidential pairings have registered themselves at the General Election Commission (KPU). All pollsters, except Alvara Research Center, showed that Prabowo Subianto-Gibran Rakabuming Raka led the race above the two other pairings, Ganjar Pranowo-Mahfud MD and Anies Baswedan-Muhaimin Iskandar.

Rosan Roeslani, vice minister of state-owned enterprises, has been appointed chairman of the campaign team for Prabowo Subianto-Gibran Rakabuming Raka in next year’s election. Are we entering a year of living dangerously?