Between conservation and commercialization

A few weeks ago, as I sat basking in the beauty of a public garden in a neighboring country, a question came to mind. Indonesia’s nature is no less beautiful–arguably even more so in many places–but why does it rarely feel as inviting? Yesterday, the media reported...

Adjusted valuation of BankJago

Shares of digital bank Jago (ARTO) ended significantly lower by 6.51% to Rp1,435 on Thursday (Mar 12)  even when it reported 114% jump in net profit to Rp276 billion last year, while total assets expanded by 28% to Rp36.5 trillion. Jago, among those promised...

When Mr. DIY > 3x AZ.KO

Shares of home improvement retailer Mr. DIY ended substantially higher by 7.7% Thursday (Mar 12) as it reported an impressive sales revenue growth of 16.7% to Rp7.92 trillion last year. The company is now valued Rp23 trillion, more than three times the value of AZ.KO...

Poco Leok’s victory

The legal battle between the residents of Poco Leok in Manggarai, East Nusa Tenggara, and the Manggarai regency administration offers a rare courtroom moment in Indonesia’s long-running conflict between development policy and local community rights. In early March...

Slow return of common sense

The most important thing is not the answer, but the question itself. In the world of check-and-balances, it is the fiduciary responsibility of lawmakers to raise questions, while those in the executive branch are expected to provide answers. Unfortunately, less...

Recurring problems in the MBG program

Another day, another problem in the implementation of MBG. Reports of raw, marinated catfish appearing on its Ramadan menu in Pamekasan, East Java, are the most recent example. Although technical guidelines from the BGN are already in place, it seems like partners...

Crony capitalism in BAZNAS

Badan Amil Zakat Nasional (BAZNAS), has long been positioned as a bridge between Islamic philanthropy and national welfare policy. Yet the composition of its newly installed leadership for the 2026–2031 term raises an uncomfortable question: Is the country’s largest...

Social media becomes a bargaining tool in ride-hailing economy

In recent weeks, many users have taken to social media to complain that it has suddenly become harder to get an ojek online (ojol) driver. Screenshots showing long waiting times for rides or food deliveries have circulated widely, often accompanied by frustrated...

Danantara & Lippo’s Meikarta

Mochtar Riady, tsar of Lippo Group, was seen standing next to Hashim Djojohadikusumo, younger brother of President Prabowo Subianto, who is also head of the public housing task force (is it a State institution?), in the ‘groundbreaking’ of subsidized homes at...
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