Nursalim Family, owner of GT Group, has been relatively quiet in Indonesia in recent years with only some property projects in Batam Island and Karawang, West Java (the premium outlet with Mitsubishi Estate). The family, however, have some high-profile projects...
Digital bank platform Superbank (SUPA) claims oversubscription in its initial public offering (IPO), but priced the shares at Rp635, little above median of price range of Rp525-695. That means Superbank will collect fresh money of Rp2.79 trillion. Superbank will then...
Indonesia’s digital ambitions have always been constrained not by lack of ideas but by the political economy that governs them. Komdigi’s Garuda Spark Innovation Hub—promising six hubs by 2026 and millions of “digital talents”—enters an ecosystem shaped by overlapping...
Mass rapid transit (MRT) project in Bali Island seems not moving as planned due to lack of funding commitment from the central government. Private investors are struggling to get financing for the US$20 billion project, which was expected to ease traffic congestion in...
Shares of Indokripto Koin Semesta (COIN), a crypto trader, declined 3% to Rp4,490 on Wednesday (Dec 10) to make a market capitalization of Rp66 trillion. Valued more than 40 times equity, COIN is among the most expensive stocks in the market. At the last quoted price,...
Around 8,000 village officials from 37 provinces across Indonesia staged a mass protest in Jakarta on Monday (08/12). They demanded the government to revoke PMK Number 81 of 2025, which hindered local governments in carrying out public services and village development...
Kremlin confirmed on Tuesday (Dec 9) about a scheduled meeting between Vladimir Putin and Indonesian president Prabowo Subianto today in Moscow. They are expected to discuss strategic partnerships and recent international and regional issues at the time Prabowo is...
If the reports are true that Netflix is preparing a bid for the Premier League’s global broadcasting rights, Indonesia may be on the verge of a structural shock in its media ecosystem. This is not merely about football. It is about how a single global platform, armed...
Sjafrie Sjamsoeddin, minister of defence, who is now seen among the strongest persons close to President Prabowo Subianto, gave a public lecture at Hasanuddin University in Makassar, South Sulawesi province on Tuesday (Dec 9). He talked about how 80% of Indonesia’s...
Indonesia has been struggling to reduce its dependency on imported liequefied petroleum gas (LPG) due to delays in coal-to-dimethyl ether (DME) projects. Oil palm plantation companies, however, have quietely added more bio-compressed natural gas (Bio-CNG) or...
