Tempo English Weekly

Economy

Market Pulse: Dancing Dangerously to Trump's Beat

Short-term populist economic policies are increasingly dominating the world. One is protectionism. In his first days in office, US President Donald Trump immediately pulled his country out of the Trans-Pacific Partnership (TPP). Trump also invited Mexico and Canada to meet and reassess the North American Free Trade Agreement (NAFTA).

Indeed,…

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Pertamina's Twin Suns

Pertamina CEO Dwi Soetjipto attended last week's press conference alongside the company's board chairman Tanri Abeng, Deputy CEO Ahmad Bambang, Director of Processing Toharso, and Vice President of Corporate Communications Wianda Pusponegoro. According to the invitation sent to the media, only Ahmad Bambang, Toharso, and Tanri would be delivering a…

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Bribery at Tanjung Batu

Not long after the British Serious Fraud Office (SFO) released their findings on the Rolls-Royce bribery case, Sofyan Basir immediately gathered stacks of documents. The CEO of the state-owned electricity company PLN bent over backwards to collect data because the Rolls-Royce case also implicated PLN officials. "We immediately handed over…

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Monday, November 27, 2017

Communication and Informatics Minister Rudiantara: New unicorns should emerge

INDONESIA is now home to Southeast Asias largest herd of unicorns. At the Digital Economic Briefing hosted by Tempo two weeks ago at the Indosat-Ooredoo building, Bukalapak proclaimed itself to be worth in excess of US$1.0 billion, or around Rp13.