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View all search resultsIn a sweeping move that reshaped Indonesia’s financial landscape, the annual shareholders’ meetings (RUPS) of state-owned banks Bank Rakyat Indonesia (BBRI), Bank Mandiri (BMRI), and Bank Negara Indonesia (BBNI) not only approved multi-trillion-rupiah share buyback programs but more importantly ushered in a new era of leadership at the country’s largest state-owned banks. Market reacts positively to this sudden overhaul, with the Jakarta Composite Index (JCI) rebounding slightly on the final trading day before the long holiday. The index closed at 6,510.62 on Mar. 27, marking a 0.59 percent increase from the previous day’s close.
Fans of PSIS Semarang and PSS Sleman were involved in fisticuffs that caused several minor injuries, during a heated match on Sunday that served to underline Indonesian soccer’s persistent problem with hooliganism.
The question of women in the armed forces has drawn excitement as well as criticism from various feminist scholars. While some argue that such inclusion invalidates the logic of masculinist protection and debunks myths of war, others contend that this does little for the cause of gender equality as it perpetuates militarization, patriarchy and war.
A minimum-capital requirement has proven a tall order for many ventures capital companies (VCs) in Indonesia, and this is just one of several regulations believed to be discouraging investment into the country’s digital industries.
The government is gearing up to overhaul its preemployment card program to address findings by the Corruption Eradication Commission (KPK) earlier this month on suspected irregularities in the operation of the program.
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