Political party involvement in MBG
Recently, the PDIP Central Leadership Council sent an official letter to the National Nutrition Agency (BGN), requesting data on the involvement of its cadres in managing SPPG kitchens. The request was presented as part of the party’s internal discipline efforts, following an earlier warning to its members against using the MBG program as a means of financial gain.
Hillcon’s downfall & the doubtful accounts (2)
Coal and mining contractor Hillcon (HILL) finally released its first quarter 2026 financial report. The company reported net loss of Rp294.4 billion in the quarter against profit of Rp2.7 billion in the corresponding period last year. What happened?
Where’s the bottom?
Composite index of IDX (IHSG/JCI), which collapsed 3.05% on Tuesday (Jun 30), and rupiah might be affected by the release of some economic data by the Central Bureau of Statistics (BPS) today. They include export-import and tourism for May 2026.
Gaurav Srivastava, Hashim & Prabowo (3)
In the lawsuit filed by Niels Troost, a Dutch-based oil trader, against The Arkin Group and Victoria Kataoka, to the US District Court for the Southern District of New York last year, the plaintiff (Niels) inserted a photograph of Hashim Djojohadikusumo (President Prabowo’s brother), Gaurav Srivastava (former business partner accused as a fake CIA operative).
United Tractors data & the economy
Shares of United Tractors (UNTR) dropped 1.7% Tuesday (Jun 30) on broad market sentiment and negative responses from some investors on the company’s operational data for the first five months of the year.
Taxing Security: When Justice Gives Way to Revenue
Every tax system ultimately rests on one principle: fairness. Citizens may accept paying taxes—even high ones—if they believe the burden is distributed justly. This is why the renewed debate over taxing Indonesia’s Old-Age Security (JHT) withdrawals deserves to be framed not merely as a technical tax issue, but as a question of justice.
Exporting Talent, Importing Platforms
The latest partnership between the Ministry of Creative Economy (EKRAF) and Coda has been widely celebrated as a breakthrough for local game developers. By connecting Indonesian studios to Coda’s global payment and distribution network, the government hopes to help homegrown games reach international audiences more quickly.
Another agency is not the answer
Indonesia has become remarkably adept at creating new institutions whenever governance problems emerge. When coordination falters, the instinct is to establish a coordinating body. When regulations overlap, the answer is often another agency. The proposal to establish the National Industrial Estate Agency (BKIN) under the ongoing Industrial Estate Bill is the latest example of this bureaucratic reflex.
Risk mitigation coming too late
The Ministry of Defense has further revised the training program for prospective KDMP/KNMP managers. Thirty-two pregnant participants have now been sent home and will be allowed to join a subsequent batch. More significantly, the program itself has reportedly been redefined from “Latsarmil” (basic military training) to “Pembekalan Bela Negara dan Manajerial”, with less emphasis on physical drills and the removal of live-fire shooting practice.
More coffee outlets
PT Erajaya Swasembada (ERAA) is set to open Oriental Kopi in Indonesia, through its subsidiary PT Era Boga Nusantara. ERAA, the largest distributor of cellular phones in the country, is now worth Rp5.7 trillion, only slightly above Fore Kopi Indonesia (Rp5.4 trillion), which operates Fore coffee chain.