Sariaatmadja Family (Emtek Group) closed down marketplace services at bukalapak.com (BUKA) early this year. Riady Family (Lippo Group) closed down mataharimall.com seven years earlier. Tokopedia was initially acquired by Gojek, but then ByteDance (parent of TikTok) took over the e-commerce platform early last year. Hartono Family, the richest in the country, remains in the business through Blibli, trying to survive competition from TikTok and Shopee. At what cost?

According to a recent report by the non-government organization JPPI, there have been a total of 16,109 food poisoning victims in the last ten months, starting from the launch of the MBG program on January 6 until October 31. Strangely enough, the number only kept increasing, even after the government took several evaluation steps to improve the implementation of this disastrous program.

Malaysia, once again, is one step ahead of Indonesia. Italia’s Eni and Malaysia’s Petronas had recently signed a binding agreement to form a joint venture company, combining some of their oil and gas exploration and production assets in Indonesia and Malaysia.

After several years of delay, CABINDO Poultry Sdn Bhd (CABINDO), a wholly-owned subsidiary of Malaysian food giant Cakaran Sdn Bhd, and its Indonesian partner, Salim Group, decided to implement the joint venture for a fully integrated poultry business.

Minister of Finance Purbaya Yudhi Sadewa revealed that the government’s flagship CoreTax system still suffers from “design flaws” and unresolved access issues, it underscored a hard truth about Indonesia’s digital transformation: we are still outsourcing our sovereignty.

Integrated poultry players listed on IDX clearly set their sights on implementation of the MBG program next year. With tripled State budget to US$20 billion, major players hired more workers and boosted investments in fixed assets.

Prabowo administration continues to claim ‘big success’ in the free ‘nutritious’ meal (MBG) program, which led to higher price of chicken and eggs. Minister of agriculture Andi Amran Sulaiman, meanwhile, said the government will boost domestic production with state company as off-taker. 

Ministry of Communication and Digital (Komdigi) officially launched the Indonesia Game Rating System (IGRS) at the Indonesia Game Developer eXchange 2025 in Bali last month, the announcement was framed as a milestone — Indonesia, it claimed, is now the first country in ASEAN to establish its own national game classification system.

Sufmi Dasco Ahmad, deputy speaker of the House (DPR) and one of the strongest men in Prabowo regime, visited the factory of PT Multistrada Arah Sarana (MASA) Tbk, which produces Michelin tires, in Cikarang, West Java province Monday (Nov 3) to protest the company’s plan to dismiss hundreds of workers. 

Minister of finance Purbaya Yudhi Sadewa believes composite index of Indonesia Stock Exchange (IDX) would surpass 36,000 by 2035 or more than four times the current index. He only needs to ask Prajogo Pangestu, Anthoni Salim, Sugianto Kusuma, Haji Isam, and Dato Tahir to cooking up their stocks.