• Stock Market Update Indonesia: Disappointing Bank of Japan Stimulus

    Stock Market Update Indonesia: Disappointing Bank of Japan Stimulus

    After being in green territory for almost the entire trading day, Indonesia's benchmark Jakarta Composite Index suddenly plunged into deep red in the last 1.5 hours of trading on Friday (29/07). HM Sampoerna, one of the largest companies on the Indonesia Stock Exchange in terms of market capitalization, shocked analysts by plunging 9.70 percent. Another huge company, Unilever Indonesia also put severe pressure on the Jakarta Composite Index by plunging 5.75 percent on Friday.

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  • Infrastructure Indonesia: Update Mass Rapid Transit (MRT) Project Jakarta

    Infrastructure Indonesia: Update Mass Rapid Transit (MRT) Project Jakarta

    Since the groundbreaking ceremony on 10 October 2013, witnessed by then-Jakarta Governor Joko Widodo, the Mass Rapid Transit (MRT) project in Indonesia's capital city of Jakarta has made progress. According to the latest updates, the first phase of the North-South line has been completed for slightly over 50 percent per July 2016. This first phase, which is estimated to require USD $1.5 billion worth of investment, connects Lebak Bulus in South Jakarta to Bunderan Hotel Indonesia in Central Jakarta.

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  • Confusion about Indonesia's Executions of Drug Smugglers

    Confusion about Indonesia's Executions of Drug Smugglers

    Just after midnight in the early hours of Friday (29/07) Indonesia executed four people by firing squad - three Nigerians and one Indonesian convicted drug traffickers - on the remote Nusa Kambangan island (part of the province of Central Java). The government gave the green light for these executions, resisting fierce international criticism, as it remains committed to its "war on drugs". However, the fate of ten other inmates who were recently moved to Nusa Kambangan to face their imminent executions remains unknown.

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  • Controversial Issues in Indonesia: Executions & Human Rights

    Controversial Issues in Indonesia: Executions & Human Rights

    Despite fierce international criticism, Indonesia will go-ahead with the executions of 14 convicted drug traffickers, including 10 foreigners (from Nigeria, Zimbabwe, India and Pakistan). According to local media coffins have already arrived at the Nusa Kambangan prison island (Central Java) where executions usually take place, while the families of those who face imminent executions have already been informed. The executions, by firing squad, are expected to be conducted tonight or tomorrow (traditionally around midnight).

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