The Whip Pink case

Jul 29, 2026 | Market

Earlier this year, questions arose over Whip Pink’s marketing of its culinary products as a lifestyle brand associated with parties and nightlife. Now, months later, the brand has found itself at the center of a police investigation into the production and...

Post-quantum cryptography regulation?

Jul 29, 2026 | Law, Market

The Ministry of Communication and Digital Affairs (Kemkomdigi) is preparing regulations on post-quantum cryptography, AI-based identity verification, cloud signing and internationally recognised electronic certificates. Officials describe the package as the foundation...

Efficiency for some, subsidies for others

Jul 29, 2026 | Market

For months, we have been told that fiscal efficiency is unavoidable. Ministries have trimmed budgets, official travel has been reduced, regional governments have struggled to finance personnel spending, and thousands of prospective Government Employees with Work...

Hajj funds should not become a fiscal cushion

Jul 29, 2026 | Market

Hajj Fund Management Agency (BPKH) remains financially healthy on paper. Total assets reached Rp238.8 trillion by the end of June 2025, while the institution recorded a comprehensive surplus of Rp5.87 trillion in the first half of the year. These figures suggest...

Fiscal management credibility: KDMP managers & employees

Jul 29, 2026 | Market

Public have been left in the dark about source of funds for the costly training for over 30,000 prospective managers of the Red-and-White Village Cooperative (KDMP). Now, Prabowo’s cabinet is working on payment of salary for the managers (ultimate target more than...

First half results: BCA and Unilever

Jul 29, 2026 | Market

Shares of Bank Central Asia (BBCA), the largest on Indonesia Stock Exchange (IDX) by market cap, ended lower by 1.2% Tuesday (Jul 28) on flat growth in first half of 2026. Unilever Indonesia (UNVR), market leader for personal and home care products, on the other hand,...

AirAsia’s loss nearly doubled

Jul 29, 2026 | Market

Airasia Indonesia booked net loss of Rp1.45 trillion in the first half of 2026, surged by 84% from the corresponding period last year due to falling revenues, downfall of rupiah, and soaring fuel costs.  Revenues declined by 1.8% to Rp3.9 trillion in the first half,...

Further corrections, trust deficit

Jul 28, 2026 | Market

Composite index of IDX (IHSG) ended lower by 0.89% on Tuesday (Jul 28), while rupiah also depreciated further by 0.17% to Rp18,093 per USD as rumours continued swirling around behind the resignation of Perry Warjiyo as governor of Bank Indonesia and his likely...

Ricky Perdana Gozali: New BI governor?

Jul 28, 2026 | Market

President Prabowo Subianto appointed Ricky Perdana Gozali as deputy governor of Bank Indonesia on July 29, 2025 for a five year term. He was previously representative head of BI for Jakarta province.  Our source said Ricky is frontrunner as successor of Perry Warjiyo,...
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