Ormat gains more grounds

A geothermal specialist company from the United States, Ormat Technologies through its subsidiary PT Ormat Geothermal Indonesia has been awarded the Telaga Ranu Geothermal Working Area (WKP) in West Halmahera Regency, North Maluku, following a competitive tender...

Great Deal or Faustian Bargain?

The White House posted on its website Thursday (Feb 19) a briefing and statement titled ‘Implementation of the agreement toward a new Golden Age for the U.S. – Indonesian alliance following a meeting between President Prabowo and Trump in Washington DC....

Rally in Spindo

Shares of PT Steel Pipe Indonesia/Spindo Tbk (ISSP) advanced 4.42% Thursday (Feb 19) to follow 7.33% gain earlier on Wednesday as investors responded positively the company’s stable financial performance last year. Spindo recorded net profit of Rp534 billion, inched...

Freeport in Grasberg: For Life?

President Prabowo Subianto regularly talked about protecting Indonesian natural resources and preventing ‘leakages’. Yet, when it comes to Grasberg, the world’s largest gold and copper mine, his government has just signed a memorandum of understanding regarding aa...

CPO scandal’s second trial

The palm oil export corruption case was supposed to be about illegal permits, corporate misconduct and state losses during the 2022 cooking oil crisis. Instead, it has evolved into something far more alarming: a trial of Indonesia’s judiciary itself. The latest...

Who wins and loses if Indonesia bans vape?

The National Narcotics Agency’s (BNN) proposal to ban electronic cigarettes may sound like a public-health intervention. But behind the moral and medical arguments lies a deeper political-economy contest—one that could reshape Indonesia’s tobacco, retail, and tax...

DPR draws the line for judicial ethics

The House of Representatives (DPR) have publicly pressured the Constitutional Court’s Ethics Council (MKMK) not to process a complaint related to the appointment of Constitutional Court justice Adies Kadir. Their argument is simple: the MKMK has no authority to...

Prabowo’s Visit to the U.S.

President Prabowo Subianto is scheduled to meet with his counterpart in Washington on Thursday 19, local time. In addition to advancing economic cooperation with the United States–including the signing of a Reciprocal Trade Agreement–the president will also attend the...

Behind the Polri SPPG

Recently, Indonesian social media has been abuzz with discussions about the implementation of President Prabowo’s free ‘nutritious’ meal (MBG) by the Indonesian National Police (Polri), which has established more than 400 operational SPPG (central kitchen) units...

Softened palm oil

Palm oil and derivatives enjoyed nearly 28% growth in export to US$34.36 billion last year thanks to higher volume and average price of both crude palm oil (CPO) and palm kernel oil (PKO). How about this year? While CPO’s average price (MDEX/Malaysian Derivatives...
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