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...

Further pressures on Bakrie’s media business

Jun 28, 2026 | Market

Visi Media Asia (VIVA), parent of TVOne and ANTV stations, has just released its financial report for the period ended March 31, 2026 alongside Intermedia Capital (MDIA), immediate parent of ANTV.  ANTV generated sales revenues of Rp141.7 billion in the first quarter,...

Week ahead

Jun 28, 2026 | Market

Iran has reportedly launched retaliatory attacks on US forces in Bahrain and Kuwait, while the US has bombed Iran, hitting some areas, following a drone attack on a commercial vessel near the Strait of Hormuz.  Brent crude oil futures fell as much as 4.34% to US$72...

The Muara Enim case

Jun 26, 2026 | Law, Market

The Corruption Eradication Commission’s (KPK) raid on the South Sumatra office of the Audit Board (BPK) on June 23, 2026, marked a new turn in the case involving Muara Enim Regent Edison. What began as a corruption case tied to the procurement of goods and services...

Rewriting emergency powers law

Jun 26, 2026 | Law, Politics

For nearly seven decades, Law on the State of Emergency has remained largely untouched. Enacted in 1959 during President Soekarno’s Guided Democracy, the legislation was designed for a vastly different political era—one in which executive authority faced few...

Latest on Kresna Life case

Jun 26, 2026 | Law, Market

The legal battle surrounding Kresna Life has now entered a new phase. While the Supreme Court’s administrative ruling strengthened OJK’s authority to revoke the company’s business license, criminal law enforcement has finally begun to catch up with...

Attacking Sony Sonjaya

Jun 26, 2026 | Law

Attorney General’s Office rejected former National Nutrition Agency (BGN) deputy head Sony Sonjaya’s request to become a justice collaborator, the decision was expected. Prosecutors argued that Sony was not a secondary participant but one of the principal...

Intiland: What’s up?

Jun 26, 2026 | Market

Shares of property developer Intiland Development (DILD) ended lower to Rp113 Thursday (Jun 25) to make a market capitalization of Rp1.17 trillion, not even half of its equity (Rp6.77 trillion). It is not alone, of course. Bumi Serpong Damai (BSDE) is now worth Rp12.1...

Going downhill

Jun 26, 2026 | Market

Shrinking civil space, growing militarization, worsening graft, governance issues in flagship programs (free meal, village cooperatives, food estate, People’s School), fiscal discipline (including expansion of Danantara’s blurred mandates), legal and policy...

The relaxation window for coal and nickel

Jun 26, 2026 | Commodities, Market

Nickel and coal miners are gearing up preparations to best use the window for revision of their work plan and budget (RKAB), which will officially open July 1st. Subject to approval, this will likely drag further down international price of both commodities. “We need...