Danantara/Denera & WtE Partners

Danantara has established a new state company named PT Daya Energi Bersih Nusantara (Denera) as holding entity for all waste-to-energy (WtE) projects nationwide. Danantara, through Denera, will hold 30% shares in each project, around 33, while the balance will be...

Fuel, power and timing

For over a decade, the shadow of Pertamina Energy Trading Limited has loomed over Indonesia’s oil imports—whispered about in audits, debated in Parliament, and quietly buried in reform narratives. The decision by the Attorney General’s Office to finally name Riza...

No deal!

No deal, but no breakdown! That’s the conclusion of the US-Iran peace talks in Islamabad, Pakistan over the weekend. US delegation led by vice president JD Vance has left Islamabad saying about the final offer refused by Iran, while Iran said no plan for the next...

Concrete, contracts and silence

Jakarta High Prosecutor’s Office entered the offices of the Ministry of Public Works and Housing this week, they were not just searching for documents. For over a decade, infrastructure has been the crown jewel of development policy under Joko Widodo. Toll roads,...

Regulating platform workers

Digital economy has created millions of jobs—but it has also exposed a regulatory vacuum that the state can no longer ignore. At the center of this contradiction are platform workers—especially ride-hailing and delivery drivers—who are officially labeled as...

Anwar Usman’s replacement

Following Anwar Usman’s retirement, the Presidential Palace has reportedly received the name of the new judge who will replace him, proposed by the Supreme Court. The official inauguration by President Prabowo Subianto is scheduled for this week, although the exact...

VKTR’s Junk Rally & Prabowo’s Order

Shares of VKTR, controlled by Bakrie Group, ended higher by 1.7% to Rp40.2 trillion Thursday (Apr 9) when President Prabowo Subianto inaugurated the company’s assembling facility for electric vehicle (EV) in Magelang Regency, Central Java province.  At the last quoted...

Prabowo’s co-op (KDMP): The devil is in the details

Development of the Red-and-White Village Cooperative (KDMP) in over 80,000 villages with Rp250 trillion of budget is the second largest project from Prabowo administration behind the free ‘nutritious’ meal (MBG) program. KDMP is financed with loans from state banks,...

Bakrie is back?

President Prabowo Subianto jokingly asked, “Why isn’t he here?” in reference to Aburizal Bakrie at a recent public event, it sounded like harmless banter. But in political economy, visibility is rarely accidental. It is curated, and often consequential. To be named in...
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