Mountains of cash and General Sjafrie

Latest forest enforcement campaign no longer resembles a routine bureaucratic operation. It has evolved into something far more theatrical: stacks of confiscated cash displayed before cameras, senior officials posing behind mountains of money, and President Prabowo...

East Kalimantan’s brewing political storm

Politics in Kalimantan Timur is no longer just about a regional dispute. What is unfolding today increasingly resembles a test of political legitimacy in the province that hosts Ibu Kota Nusantara. The escalating conflict between Governor Rudy Mas’ud and factions...

The low inflation ‘miracle’

US annual inflation rate accelerated to 3.8% in April 2026. Indonesia, ‘miraculously’ recorded 2.42%, down from 3.48% in March despite weaker rupiah and spike in prices of most commodities internationally. Should we say WOW? “I seriously doubt the data. It doesn’t...

Soldiers vs movie (2)

“We did not ban the screening of Pesta Babi.” That statement from Coordinating Minister for Law, Human Rights, Immigration and Corrections Yusril Ihza Mahendrawas intended to calm public controversy surrounding the documentary film. Instead, it exposed a deeper and...

Reality check on XLSmart

Shares of XLSMART Telecom Sejahtera (EXCL) ended lower by 2.3% Wednesday (May 13) as some investors responded negatively the company’s financial performance for the first quarter ended March 31, 2026. At the last quoted price, EXCL, a merger between XL Axiata (EXCL)...

Between judicial welfare and public trust

Recently, President Prabowo Subianto ordered the Minister of Housing and Settlement Areas (PKP), Maruarar Sirait, to construct approximately 8,900 official residences for judges across Indonesia. This directive has drawn strong public reaction, as it came at a...

Jinping’s ‘love letter’ to Prabowo

China Chamber of Commerce Indonesia (CCCI) has sent a formal letter to President Prabowo, highlighting their concern on some policies, particularly in natural resources sector. Indonesian cabinet members immediately defended the policies, asking Chinese investors to...

MSCI & Rupiah (3)

Pretty much as predicted, Indonesian shares kicked out from MSCI Global Standard Index and Small Cap Index were under selling pressure, contributing to nearly two percent fall of IDX composite index (IHSG) and the new record low of rupiah Wednesday (May 13). But, the...

Selective compliance in digital regulation

As the government pushes platforms to improve protections for minors online, social media companies have largely moved toward compliance. E-commerce platforms, however, are asking for negotiation, flexibility and gradual implementation. On the surface, such requests...

MBG lawsuit quietly disappeared

Last week, the Constitutional Court approved the withdrawal of a judicial review petition challenging provisions of the 2026 State Budget Law related to MBG. The petition had been filed by “MBG Watch,” a coalition of civil society groups that includes anti-corruption...
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