The tragedy unfolding in Sumatra is no longer merely an environmental disaster. It has become a political reckoning. As villages were swept away, rivers overflowed, and entire communities were uprooted, Indonesia was forced to confront an uncomfortable truth: nature...
The government’s latest proposal — a Debottlenecking Task Force led by Finance Minister Purbaya Yudhi Sadewa — is being presented as a new fast-track mechanism that will allow businesses to escalate regulatory, licensing, and administrative obstacles directly to a...
President Prabowo Subianto once claimed that Indonesia’s current unemployment rate is at its lowest since the 1998 monetary crisis. The Central Bureau of Statistics (BPS) recorded a decrease in the Open Unemployment Rate of 0.06% in February 2025, compared to the...
Shares of PT Perintis Triniti Properti Tbk (TRIN) have surged sharply in recent weeks, prompting unusual marketplace activity, temporary suspension, and rising curiosity among analysts. The rally appears to echo the pattern once seen in ICT firm WIFI (Surge), where...
Oversubscription of the first edition of Patriot Bonds might encourage sovereign wealth fund Danantara to issue the second to finance ambitious projects, including the 3 million homes per annum program from Prabowo administration. “One group expressed interest to...
As “agentic AI” becomes the newest buzzword in Indonesia’s tech and business circles, a narrative is rapidly taking hold: that autonomous AI agents will allow small and medium enterprises (SMEs) to finally “compete with big corporations.” The claim—promoted in...
Japan’s Rengo Co., Ltd., through its joint venture in Thailand, Thai Containers Group Co., Ltd., has entered into a conditional share purchase agreement to acquire 60% shares of corrugated packaging manufacturer PT Prokemas Adhikari Kreasi (commonly known as Mypak),...
Shares of Raharja Cepu Energi (RATU), subsidiary of Rukun Raharja (RAJA), retreated 2.2% to Rp11,400 on Tuesday (Dec 2), but it has gained nearly 100% since early October. RATU, indirectly controlled by Hapsoro Sukmonohadi (son-in-law of PDIP leader Megawati...
The Attorney General’s Office (AGO) has quietly taken a decisive step in the long-running investigation into alleged tax corruption between 2016 and 2020. This week, the institution questioned Astera Primanto Bhakti, the current Director General of Treasury at the...
Telkom’s decision to spin off its massive fiber-optic business into a new entity named Infranexia marks one of the most consequential restructurings in Indonesia’s digital infrastructure landscape. The company projects grand optimism: Infranexia, they claim, may one...
