Reality check on Prajogo’s CUAN
Shares of Petrindo Jaya (CUAN), a coal mining and services company controlled by Prajogo Pangestu, declined 2.2% to Rp1,105 this morning as investors responded to the company’s financial report for full year 2025.
Mass (quiet) layoffs (16)
PT Ramayana Lestari Tbk (RALS), the largest conventional fashion retailer for middle-low income group, dismissed 427 workers or 12.6% of its total workforce last year as sales and margins were under bigger pressures.
Who controls the next wave of AI?
The race for artificial intelligence supremacy is no longer confined to Silicon Valley labs or hyperscale data centers. It is moving—quietly but decisively—to the factory floor.
Tinder’s quiet monetization of loneliness
Tinder is no longer just a dating app. With its latest feature rollout—AI-powered matchmaking, interest-based profiles, double dates and offline events—the platform is attempting something more ambitious: redesigning how relationships are formed in the digital age. But beneath the language of “authentic connections” lies a more uncomfortable truth. Dating, increasingly, is becoming a paid experience.
KDMP so far
The Red-White Village Cooperative (KDMP) was initially designed to strengthen the rural economy. However, when cooperatives are created through government mandates rather than local community initiative, fundamental problems emerge from the very beginning. In many areas, land is unavailable, and those appointed to manage the cooperatives are not even local residents.
Illegal settlements and urban planning issues
Illegal settlements around public facilities have long been a challenge in Indonesia, particularly in dense urban centers like Jakarta. Evictions have become necessary measures to improve public safety and urban planning. But what happens when they are carried out...
Talking compliance, delaying control
Child-protection regulation for digital platforms—popularly known as PP Tunas—came into force this week, it was framed as a long-overdue intervention. Children under 16 should not be freely exposed to high-risk online environments; platforms must verify age, enable parental controls and redesign features that amplify harm. Few would dispute the intent. The friction begins with execution—and with power.
Fresh pressure on Samin Tan and the coking coal asset
Satgas PKH has imposed administrative fines of Rp4.2 trillion against PT Asmin Koalindo Tuhup, a coking coal producer controlled by Samin Tan (Borneo Lumbung Energi/BORN). Samin himself has been named corruption suspect by the Attorney General’s Office (AGO) for the alleged illegal mining operations for nine years.
Long-list of P2P lending platforms fined by KPPU
Business Competition Supervisory Commission (KPPU) has recently fined 97 peer-to-peer (P2P) lending platforms due to operating the alleged interest rate cartel practices. The lenders violated Article 5 of Law No. 5 of 1999 by coordinating interest rates far above market equilibrium, effectively stifling price competition. Consequently, the commission imposed collective fines totaling Rp755 billion, with 52 firms receiving the minimum penalty of Rp1 billion each. The verdict was read out at the Commission’s Panel hearing last week.
The worst yet to come?
Brent crude oil advanced 4.22% to US$112.6 per barrel last Friday on persistent market skepticism on deescalation of conflicts in the Middle East. Media reports over the weekend suggested intensified escalation of the conflict, especially following news about Houthi joining the attacks.