Hashim Djojohadikusumo, younger brother of President Prabowo Subianto, made headlines since last year for his group’s new investments: tin solder factory, investments in ICT infrastructure company WIFI, and, recently, ownership in crypto currency trading company COIN....
Indonesia’s headline-grabbing tax crackdown on mineral and coal (minerba) companies is being presented as a routine enforcement effort. It is nothing of the sort. This is a political maneuver—one that signals an aggressive realignment of power within a sector long...
When the government launched the National Logistics Ecosystem (NLE) in 2020, it was sold as a breakthrough: a unified digital infrastructure that would finally streamline notoriously inefficient port, trucking and customs processes. At the time, the Ministry of...
In moments of national crisis, accuracy is not merely a technical requirement—it is the foundation of public trust. Indonesia witnessed a stark reminder of this when Minister of Energy and Mineral Resources Bahlil Lahadalia told President Prabowo Subianto that...
Shares of PT Maha Properti Tbk (MPRO), a very small property developer with cash in hands less than US$1 million, ended flat at Rp11,750 on Thursday (Dec 11). At the last quoted price, MPRO, which is controlled by Tahir Family, was worth Rp116.8 trillion or around...
An MBG delivery van broke through a gate and crashed into students in the schoolyard of SDN 01 Kalibaru, Cilincing, North Jakarta. The police have detained the driver and a helper, who was also in the van during the accident, and are currently investigating. There is...
Nursalim Family, owner of GT Group, has been relatively quiet in Indonesia in recent years with only some property projects in Batam Island and Karawang, West Java (the premium outlet with Mitsubishi Estate). The family, however, have some high-profile projects...
One could say that student organizations, along with other civil society groups, are the only hope for checks and balances given no formal opposition in the parliament. They keep resistance against injustice alive through social movements. But several student...
Digital bank platform Superbank (SUPA) claims oversubscription in its initial public offering (IPO), but priced the shares at Rp635, little above median of price range of Rp525-695. That means Superbank will collect fresh money of Rp2.79 trillion. Superbank will then...
Indonesia’s digital ambitions have always been constrained not by lack of ideas but by the political economy that governs them. Komdigi’s Garuda Spark Innovation Hub—promising six hubs by 2026 and millions of “digital talents”—enters an ecosystem shaped by overlapping...
