China slowdown and Indonesian economy

Jul 15, 2026 | Market

Brent crude oil futures moved below US$85 per barrel Wednesday (Jul 15) as US concluded its strikes on Iran. China’s GDP growth of 4.3% in the second quarter, slowed down from 5% in the first quarter, also prevented further rally amidst escalation of conflicts in the...

MBG kitchens’ nationwide strike

Jul 15, 2026 | Market

Several MBG partner associations have firmly declared their intention to stage a nationwide strike unless the government improves the program’s governance by August 17, 2026. They highlighted a range of problems that MBG partners across Indonesia are facing, including...

Purbaya’s statement, state banks-Agrinas, and KDMP

Jul 15, 2026 | Market

Minister of finance Purbaya Yudhi Sadewa issued an interesting statement to respond allegation of mark-up in the procurement of pick-up trucks by PT Agrinas Pangan Nusantara (APN) for President Prabowo Subianto’s flagship village cooperative (KDMP) program.  “We will...

HSC stocks & market credibility

Jul 15, 2026 | Market

Indonesia Stock Exchange (IDX) and Indonesia Central Securities Depository (KSEI) have on July 14 announced a long list of 37 stocks considered High Shareholding Concentration (HSC). These stocks have low liquidity and high price volatility, which distorts true market...

Beyond the Spectrum Auction: Next Digital Test

Jul 15, 2026 | Market

The latest spectrum auction has produced clear winners. Telkomsel, Indosat and XLSmart have secured valuable allocations in the 700 MHz and 2.6 GHz bands, ending years of anticipation over one of the country’s most important digital infrastructure decisions. Yet...

KPK knocks on BPK’s door

Jul 15, 2026 | Law, Market

The Corruption Eradication Commission (KPK) has searched the Jakarta residence of Supreme Audit Agency (BPK) member Bobby Adhityo Rizaldi as part of its investigation into an alleged bribery scheme involving audit findings for Muara Enim Regency. Investigators seized...

Intiland vs Mayapada

Jul 15, 2026 | Market

In our earlier article (Intiland: What’s up?, June 26), our sources talked about potential fallout in relationship between property developer Intiland Development (DILD), famous with its South Quarter complex—neighbour of Mayapada Hospital in South Jakarta, and...

Net sell continues despite the affirmed rating

Jul 15, 2026 | Market

Composite index of IDX (IHSG) inched up 0.03% Tuesday (Jul 14), weighed by profit taking in banking stocks and escalated conflicts in the Middle East. Brent crude oil futures surged to as high as US$86.4 per barrel, while falling US dollar index (DXY) contributed to...

Major shakeup at Attorney General’s Office

Jul 14, 2026 | Politics

Following resignation of Febrie Adriansyah as assistant attorney general for special crime (Jampidsus) due to corruption investigation, Attorney General ST Burhanuddin has reportedly submitted a proposal for major shakeup to President Prabowo Subianto. According to a...
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