A hiccup in pickup truck hullabaloo?

Joao Angelo de Sousa Mota, CEO of Agrinas, who dropped his resignation last year after openly criticizing Danantara, openly defended the policy to import 105,000 pickup trucks from India even after ‘strong man’ Sufmi Dasco Ahmad, deputy chairman of President Prabowo’s...

Halal sovereignty or trade concession?

As public concern grows over the Agreement on Reciprocal Trade (ART) between Indonesia and the United States, senior officials have moved quickly to reassure public that the country’s halal certification regime remains untouched. Coordinating Economic Minister...

Expanding MBG before fixing its flaws

Government’s flagship Makan Bergizi Gratis (MBG) program was introduced with a clear, politically compelling promise: to improve the nutrition of schoolchildren and strengthen the country’s future human capital. Yet even before its implementation for students has...

BRI’s less convincing numbers

Shares of Bank Rakyat Indonesia (BBRI), the second largest financial group in terms of total assets, opened lower by 1% this morning as investors responded negatively the company’s full year financial report. BRI reported net profit of Rp56.65 trillion last year, down...

7 Percent Parliamentary Threshold

With the removal of the 4 percent parliamentary threshold, many political parties are now advocating for a lower figure or even for its complete abolition. Conversely, the NasDem Party has proposed raising the threshold from 4 to 7 percent, arguing that it would help...

Quiet (mass) layoffs (4)

Maybank Indonesia Group, which consists of Bank Maybank (BNII), Maybank Finance (BIIF), and WOM Finance (WOMF), reduced its workforce significantly last year. Panin Group, which controls Bank Panin (PNBN), Clipan Finance (CFIN), Panin Sekuritas, and Panin Sharia...

A counterattack against constitutional oversight

Indonesia’s constitutional order is being tested again, not through a dramatic courtroom verdict, but through a quieter and potentially more consequential confrontation between the House of Representatives (DPR) and the Constitutional Court’s ethics body, the Majelis...

Canva’s motion bet could redraw creative labor market

Canva’s latest acquisitions—Cavalry, a professional motion graphics software, and MangoAI, an artificial intelligence marketing optimization startup—may appear as routine product expansion. In Indonesia, however, they signal something far more consequential: a...

Update on Chromebook case

Prosecutors have recently stated in court that there is no record of Rp 809 billion flowing directly to Nadiem in the Chromebook procurement case, a clarification that may appear to ease suspicions at the personal level. Yet the absence of direct transfers does not...
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