Worrying signs from Apindo Survey

The House of Representatives (DPR) is deliberating a new Manpower/Labour Law to amend the Law No. 13/2003. Drafters claimed that the labour bill will balancing protection of the workers’ rights, improvement of welfare and sustainability of businesses and investments....

The 8th Rights Issue for Matahari Putra Prima?

Retailer Matahari Putra Prima (MPPA) plans to issue 24 billion new shares at Rp50 per share to raise a total of Rp1.2 trillion. This is the eight rights issue from the company, which currently has a market value of Rp609 billion only.   MPPA is controlled by...

Fuel shortage or market engineering?

Recent findings by the Komisi Pengawas Persaingan Usaha (KPPU) suggest a more troubling possibility: what if scarcity is not merely an accident of the market, but a byproduct of how the market itself is designed? At the heart of the issue lies highly concentrated...

Expanding protection, or diluting justice?

Government’s revision of the Law on the Protection of Witnesses and Victims (RUU PSdK) promises a long-overdue shift in the country’s criminal justice system. By expanding protection beyond witnesses and victims to include whistleblowers, experts and other parties...

Political timing behind the attack on Jusuf Kalla

The controversy surrounding Jusuf Kalla’s sermon at Universitas Gadjah Mada is being framed as a theological dispute. It is not. It is a case study in how outrage can be manufactured, amplified, and weaponized—with strikingly convenient timing. Kalla’s remarks,...

About Yasa Group

Yasa Group (PT Yasa Artha Trimanunggal), CEO Yenna Yuniana, and majority shareholder Andri Mulyono, made headlines recently following public outcry over the purchase of 25,000 premium electric motorcycle by the National Nutrition Agency (BGN) to support President...

Rupiah’s new normal (2)

Rupiah was traded Rp17,131 against US dollars this morning, a new low reflecting both global economic and geopolitical uncertainties plus series of domestic issues, including fiscal sustainability.  After hitting US$105 per barrel Monday morning in Asian trading on...

When the Hajj becomes a competition

Thousands of people rush to access an online ticketing portal at the same time, hoping to secure a seat at their favorite artist’s upcoming concert. This is the familiar scene of a so-called “ticket war”; a cut-throat competition where speed determines success. So...

Stark contrasts between rhetorics and actions

President Prabowo Subianto often talked about efficiency in government spending, but the National Nutrition Agency (BGN), which manages around US$20 billion budget this year (the largest among State institutions) did completely the opposite.  BGN purchased 21,801 out...

Fiscal squeeze or a new corruption model?

The corruption case surrounding Tulungagung Regent Gatut Sunu Wibowo raises a deeper question than individual wrongdoing. Is this scandal a symptom of tightening fiscal space in regional governments? Or does it signal something more troubling — the emergence of a new...
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