Hashim’s WIFI so far

Shares of PT Solusi Sinergi Digital Tbk (WIFI), an ICT infrastructure company, ended substantially higher by 10% to Rp2,200 on Wednesday (Mar 25) as investors responded positively the company’s strong financial performance last year. WIFI reported net profit of Rp409...

Who writes the rules for their own retirement?

The Constitutional Court (MK) has quietly issued a ruling that could reshape one of the most entrenched privileges in the country’s political system: lifetime pensions for former state officials. By declaring key provisions of Law No. 12/1980 outdated and partially...

Too many voices, no single message

Recent policy signals on energy conservation reveal less about the severity of the crisis than about the state of its governance. Within days, the government floated the idea of work-from-home (WFH) to reduce fuel consumption, while simultaneously cancelling plans for...

KPK’s flip-flop decisions

Some time ago, the Corruption Eradication Commission (KPK) officially detained former Minister of Religious Affairs Yaqut Cholil Qoumas over alleged corruption in the Hajj quota. Yaqut was initially scheduled to remain in detention from March 12 to March 31, 2026, but...

Gainers of 2025 (3): Charoen Pokphand

Charoen Pokphand (CPIN), the largest integrated poultry player in the country, booked net profit of Rp5.64 trillion last year, surged by 52% from 2024 on improved operating margins, which might have been lifted by President Prabowo Subianto’s free nutritious meal...

Pressures on manufacturers

Polychem Indonesia (ADMG), manufacturer of ethylene glycol, booked net loss of US$3.1 million last year, down 70% from 2024. Looks improved, but the company’s gross profit margin was 1.1% only. Polychem, controlled by Gajah Tunggal Group (Sjamsul Nursalim Family),...

Reform or rebranding?

President Prabowo Subianto’s recent call for ministers to dismiss “rogue” director generals has struck a familiar chord in politics: a strong leader promising to clean up a stubborn bureaucracy. The language was unmistakably forceful. Officials who feel “untouchable”...

Prabowo and his commitments

There is a popular joke in Indonesia that Warung Madura will stay open 24/7, even through the apocalypse. Now, it seems like the MBG program is operating on the same principle. Amid mounting economic pressure from the global crisis, Prabowo Subianto has pressed ahead...
error: Content is protected !!