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, October 09, 2017

From Kazanlak with Grenades

A meeting was held in the Unex Area Cargo building at Soekarno-Hatta Airport in Tangerang, Banten, Tuesday night last week. Its participants were from the National Police, the Indonesian Military (TNI) and the Directorate-General of Customs.

There were about 20 people in the room, including Chief of the Police Mobile Brigade (Brimob) Insp.