Week ahead

External factors might be favourable for Indonesian market in the new week. Brent crude oil futures dropped 3.37% to US$87.3 per barrel on Friday (Jun 12), while USD lost ground against most currencies on US-Iran peace deal optimism. “Investors might be focusing on...

Revisiting Bakrie’s VIVA & tax liabilities

Visi Media Asia (VIVA), holding company for TVOne and ANTV controlled by Bakrie Group, has only published its full year 2025 financial statement two weeks ago. The report confirmed VIVA as the worst performer among major players in the TV media industry. VIVA, which...

Prabowo’s national car program

President Prabowo Subianto said recently that he saw the country was heading to wrong direction in early 90s, and that he is now taking the country to a new direction. It is not clear, however, whether national car program from then President Soeharto, that time...

Personal care industry: Old vs New

Mustika Ratu (MRAT) and Martina Berto (MBTO) used to be household names for cosmetics and personal care. They’re among pioneers of local brands. Their companies have also long listed on the Indonesia Stock Exchange (IDX). Their combined market value (Rp316 billion),...

ADES heats up gummy candy market

Shares of Akasha Wira International (ADES), producer of ADES bottled water, ended higher by 0.46% to Rp22,000 on Friday (Jun 12) as investors positively responded the company’s plan to expand into the gummy candy business. At the last quoted price, ADES was worth Rp13...

Students return to the streets

Thousands of police personnel had been deployed across Jakarta to secure student demonstrations centered around Bundaran HI. The immediate trigger may be a protest organized by BEM UI, but the emerging picture suggests something broader: a growing convergence of...

Who will pay for PPPK promise?

The recent wave of governors appearing before the House of Representatives with a similar plea—more money to pay government contract employees (PPPK)—should serve as a warning sign for policymakers. What initially appeared to be an administrative issue has quickly...

Who is Gus Najmi?

Muhaimin Iskandar (Cak Imin) announced the appointment of Najmi Mumtaza Rabbany, widely known as Gus Najmi, as Chairman of PKB’s Daily Executive Board, many Indonesians asked a simple question: Who is Najmi? Najmi’s journey has not been confined to a single party. He...

A new wave of demonstrations

As the government stumbles from one controversy to another, students are once again at the forefront of safeguarding democracy. They will hold a demonstration in Jakarta today, adding to the growing list of mass protests that have taken place across several regions of...

More electricity projects to watch

President Prabowo Subianto has approved a plan from Kalla Group, led by Jusuf Kalla (former vice president), to build up to 2,000 MW power plants (hydropower and gas-fired) with investment of up to Rp70 trillion.  Kalla said after a meeting with Prabowo Thursday (Jun...
error: Content is protected !!