Danantara and Lippo: No free lunch

Jun 29, 2026 | Market

Danantara has officially kicked off development of public housing project over 30 hectares of land ‘granted’ by Lippo Group in the controversial township project Meikarta, Cikarang, Bekasi, West Java province. It is considered a bold move from Riady Family, who has...

Merdeka Battery: Strong Q1, but…

Jun 29, 2026 | Market

Shares of nickel producer PT Merdeka Battery Materials Tbk (MBMA) ended lower by 0.4% to Rp494 on Monday (Jun 29) despite strong performance in the first quarter. Correction of nickel price in international market weighed on related stocks. MBMA, co-owned by Saratoga...

Trust deficit

Jun 29, 2026 | Market

Composite index of IDX (IHSG/JCI) ended lower by 1.28% Monday (Jun 29) on thin trading and continued net sell by foreign investors. A coordination meeting between the government’s economic team, the House of Representatives (DPR), and Bank Indonesia failed to impress...

Gaurav Srivastava, Hashim & Prabowo (2) 

Jun 29, 2026 | Market

Big names are mentioned in the lawsuit filed by Niels Troost, former business partner of Gaurav Srivastava, including Bank Indonesia, Bank Mandiri, and Bank Bukopin (now KB) related to financial transactions between companies linked to Troost-Srivastava with Arsari...

The Tragedy of Physician in East Nusa Tenggara

Jun 29, 2026 | Law

The death of Eliza Princila Utami Pakaenoni, a young physician known as Icha, has shaken Indonesia’s medical community. Authorities are investigating what has been reported as an apparent suicide after she allegedly endured intimidation while treating a...

The Next AI War Won’t Be About Intelligence

Jun 29, 2026 | Market

For the past three years, the global artificial intelligence race has been obsessed with one question: who has the smartest model? Every major release from OpenAI, Google, Anthropic, Meta, and China’s DeepSeek has been judged by benchmark scores, reasoning...

Stop military training for KDMP/KNMP managers!

Jun 29, 2026 | Market, Politics

Basic military training for KDMP/KNMP managers has once again come under public scrutiny. The deaths of two participants during the program have now been followed by three more fatalities in recent days. As before, the Ministry of Defense has pledged to conduct a...

Lampung: The Moment Jokowi Stopped Pretending

Jun 29, 2026 | Politics

For months after leaving office, Joko Widodo carefully maintained the image of a former president above day-to-day party politics. He spoke sparingly about electoral contests, insisted he was simply enjoying retirement in Solo, and avoided explicitly endorsing any...

Gaurav Srivastava, Hashim & Prabowo (1)

Jun 29, 2026 | Law, Market

In this week’s edition, Tempo magazine posted three articles about Gaurav Srivastava, labelled as fake CIA operative by former business partner Niels Troost (Dutch-born controversial oil trader initially sanctioned by EU for his alleged links to Russian oil), and his...

MORA > Telkom + Tower operators

Jun 28, 2026 | Market

Shares of ICT company Ekamas Mora Republik (MORA), controlled by Sinarmas Group, ended lower by 3.5% to Rp7,575 last Friday (Jun 26). At this price, MORA was worth Rp362 trillion, substantially bigger than Telkom (TLKM), market leader in ICT business. MORA, which has...