May 11, 2026 | Law, Market
The recent acquittal of eight bankers in the Rp1.3 trillion Sritex corruption case may have protected banking industry from immediate reputational shock. But it also exposed a deeper problem within the country’s legal and financial governance system: the uneasy...
May 11, 2026 | Law, Market, Uncategorized
Findings from an investigation by Indonesia Corruption Watch (ICW) point to alleged corruption in the 2025 procurement of halal certification services at the National Nutrition Agency (BGN), with potential state losses estimated at up to Rp 49.5 billion. ICW...
May 11, 2026 | Market, Politics
The inauguration of a new Community Gateway in Wamena by Telkomsat may appear, at first glance, as another infrastructure success story. The government celebrates it as a leap forward for digital inclusion in Papua, promising internet capacity increases of up to...
May 11, 2026 | Commodities, Market
SGX-listed Geo Energy Resources Ltd, which operates coal mines in Indonesia, has entered into a term sheet with Resource Invest AG (ResInvest), wherein ResInvest will enter the company’s infrastructure business with a US$1.5 billion valuation. ResInvest will invest...
May 11, 2026 | Industries, Market
Citra Tubindo (CTBN), producer of pipe for oil and gas operations (oil country tubular goods/OCTG), suffered 80% fall of sales revenues in the first quarter of 2026 due to lower purchase from both domestic and overseas oil and gas companies. Export sales fell sharply...
