More New Schools

Jun 23, 2026 | Market, Politics

People’s Schools, Garuda Schools, and now a new model is in the works: Integrated National Schools. Through the Ministry of Primary and Secondary Education, the government is reportedly set to build 100 Integrated National Schools starting this year, backed by a...

The NIB debate

Jun 23, 2026 | Market

The government insists that the mandatory Nomor Induk Berusaha (NIB) requirement for e-commerce sellers has nothing to do with taxation. Legally speaking, that statement is correct. An NIB is a business identification number, not a tax bill. Registering a business...

The battle behind NU’s ministerial debate

Jun 23, 2026 | Politics

Nahdlatul Ulama’s (NU) recent National Conference (Munas-Konbes) was expected to discuss a range of organizational and policy issues, from governance reforms to the government’s Free Nutritious Meals (MBG) program. Yet one debate overshadowed everything else: whether...

West Java’s education problem

Jun 23, 2026 | Politics

The controversy surrounding West Java Governor Dedi Mulyadi’s free-school program has quickly evolved into a debate about subsidies, private schools, and access to education. But beneath the headlines lies a more fundamental question: Why does Indonesia still lack a...

Growing mass layoffs

Jun 23, 2026 | Market

PT Feng Tay Indonesia Enterprises, footwear manufacturer, has reportedly sent home 4,000 of its 16,000 workers due to a combination of factors, including global disruption of supply chain. PT Pakerin, a paper manufacturer, meanwhile, sends home 2,500 workers due to...

Ithaca’s acquisition of Vulcan coal mine

Jun 23, 2026 | Commodities, Market

Indonesian miner PT Ithaca Resources, linked to President Prabowo Subianto’s six coal concessions in East Kalimantan province, has reportedly agreed to acquire the collapsed Australian coal miner Vitrinite for A$200 million. Vitrinite, which operated the Vulcan coal...

Net sell, questions on Danantara

Jun 23, 2026 | Market

Foreign investors continued selling pressures on Indonesian stocks Monday (Jun 22) in a trading day dominated by domestic investors. Combined with more questions on Danantara, the composite index of IDX (IHSG/JCI) ended lower by 0.98%.  Total trading value was Rp13.5...

Improved, but not out of the woods yet

Jun 22, 2026 | Market

External pressures have eased off notwithstanding uncertainties surrounding the reopening of Strait of Hormuz. Brent crude oil futures were traded below US$80 per barrel. Some domestic issues have also been partially addressed, including budget cut for the free meal...

Indonesia needs jobs before new roofs

Jun 22, 2026 | Market

In difficult economic times, governments are judged less by how many programs they launch and more by whether they understand what people need most. That is why the government’s decision to push ahead with a nationwide gentengisasi program deserves closer...
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