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The End of Probolinggo’s Corrupt Couple

Corruption Eradication Commission (KPK) investigators arrested Probolinggo Regent Puput Tantriana Sari and her husband Hasan Aminuddin, for their alleged involvement in trading administrative appointments. The KPK has been following this possible corruption case for two years, but was unsuccessful to make arrests until now as sting operation plans were frequently leaked.

Law Monday, September 6, 2021 Edition

Some Investors Turn to Crypto

In the midst of turmoil from the Covid-19 pandemic, cryptocurrencies are being recognized as commodity subjects. Futures exchanges are also preparing a physical market for digital gold. An interview with the Jakarta Futures Exchange Chief Executive Officer Stephanus Paulus Lumintang.

Economy Monday, August 23, 2021 Edition

Crypto Trading Can Be Misused if Not Regulated

Crypto assets become increasingly popular in Indonesia. In four months alone, from January to April, their transaction value reached Rp237 trillion, or a fourfold increase from throughout 2020. At least 5.6 million Indonesians now own various digital coins. Bappebti Chair, Indrasari Wisnu Wardana, explains his institution’s position regarding the new, largely unregulated market.

Cover Story Monday, May 24, 2021 Edition

ASDP Indonesia Ferry Needs a Friend for a Change

Numerous transportation companies are having a difficult time due to mobility restrictions during the Covid-19 pandemic. ASDP Indonesia Ferry is among those facing the challenge. In May 2020, the ferry operator lost Rp71 billion a month. ASDP Chief Executive Officer (CEO) Ira Puspadewi acts quickly to implement various efficiency moves, particularly through digitization of passenger service.

Economy Monday, August 30, 2021 Edition

The Contributions of Cepu Block Towards Resilient Indonesia, Growing Indonesia

How do we assess oil and gas projects that contribute to the realization of “Resilient Indonesia, Growing Indonesia”?

How do they contribute to the rise of Indonesia's economic growth? What about their contributions to the transfer of knowledge for Indonesia? Or, their contribution to the development of the communities around their area of operations? Keep reading, we will get the answers to these three questions.

 

Inforial Monday, August 16, 2021 Edition

Indonesia’s Condition is Similar to China’s A Decade Ago

The Covid-19 pandemic has changed Indonesia’s demographics affecting the trends in the capital market. Indonesia Stock Exchange’s Commissioner Pandu Patria Sjahrir says enthusiasm of millennial and Gen Z investors has risen phenomenally during the pandemic. Since 2016, the number of young investors has grown to over 1.8 million with those aged 28 and below making up the highest increase. The rapid development of the digital technologies has opened the floodgates for tech companies and start-ups. One of the sectors most sought after by foreign investors is financial technology (fintech). Pandu, a businessman and an investor, who is also the chairman of Indonesian Fintech Association, says that in future fintech companies will not just focus on consumer lending but increase productive loans to support micro, small and medium enterprises through peer-to-peer lending.

Interview Sunday, June 27, 2021 Edition

Lagging Indonesian Education

The Organization for Economic Cooperation and Development (OECD), based in Paris, has published survey results on the competencies of Indonesian schoolkids in science, reading and mathematics. Indonesia’s score is 396 for competence in science, 371 for reading, and 379 for mathematics.

News Capsule Monday, December 9, 2019 Edition

Pupuk Indonesia’s Objection

IN the Opinion of Tempo’s July 23-29, 2019 entitled All Eyes on the SOEs mentioned: “There was also a bribery case at another SOE: fertilizer company Pupuk Indonesia. In March, the company’ marketing manager was detained by the KPK for allegedly bribing member of the Golkar Faction in the House of Representatives Bowo Sidik Pangarso, in order to smooth the way for the business.”

Letters Tuesday, July 30, 2019 Edition

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