Fintech P2P & accountability (2)
One venture capital, subsidiary of a state-owned company, claimed fair value of its investment in fintech company Kredivo at US$74.9 million last year, down from US$78.3 million in 2024, but still nearly 10 times its principal investment.
Fintech P2P & accountability
Andi Taufan Ganda Putra, founder and CEO of P2P fintech platform Amartha (PT Amartha Mikro Fintek) claimed of reporting profit in the past few years. Unfortunately, without quarterly publication of financial report (audited and unaudited), public at large can’t verify such claim.
Market & Rupiah Correction
Composite index of Indonesia Stock Exchange (IHSG) dropped 1.56% to 8,851 this morning on broad market correction mainly from internal issues. Other stock markets in the region were mostly in green territory on stronger economic data from US and Japan or Trump’s scaling down threat on Greenland.
Regulating platforms without killing innovation
Govt plan to revise its e-commerce regulation—particularly provisions governing platform administration fees—signals a familiar dilemma in the digital economy: how to rein in dominant platforms without suffocating the very innovation that made them successful.
Who really has the power to revoke corporate permits?
The government’s decision to revoke the permits of 28 companies allegedly linked to environmental destruction in Sumatra has been widely applauded as a long-awaited show of state authority. After years of regulatory paralysis, the move appears decisive, even cathartic. Yet beneath the political symbolism lies a more uncomfortable question: was the revocation legally airtight, or does it risk collapsing under procedural scrutiny?
Who controls cinema screens?
Public attention often focuses on film quality, audience taste, or censorship when discussing the health of film industry. Yet the real power shaping what audiences see—and when they see it—lies elsewhere. It sits quietly in scheduling rooms, negotiation tables, and capital structures that determine which films receive prime-time slots and which are quietly sidelined.
Unirama’s acquisition of DPUM
PT Rama Indonesia has informed stock market authorities that it enters into a negotiation to acquire a controlling 59.24% shares in PT Dua Putra Utama Makmur (DPUM) Tbk, a fish and shrimp exporter, from PT Pandawa Putra Investama.
Interpark-Emtek’s failed attempt
Interpark Global (has been rebranded NOL World) might be successful as an online ticket platform in South Korea. The company, however, failed in its attempt to grow such business in Indonesia in partnership with Emtek Group (EMTK), which developed the collapsed ecommerce platform bukalapak.com (BUKA).
Freeport Indonesia: 2025 Results & 2026 Outlook
Freeport McMoRan, co-owner of PT Freeport Indonesia (PTFI), the world’s largest copper and gold mine, has just released operational and financial data for full year 2025, where it posted net profit of US$2.2 billion, increased from US$1.89 billion in 2024 despite downfall of PT Freeport Indonesia following suspension of mining activities in Grasberg, Papua.
Foreign Data Centers and the Hollowing of Digital Sovereignty
Indonesia likes to believe that hosting foreign-built data centers equals digital sovereignty. It does not. In fact, without strict control mechanisms, foreign-owned data centers risk becoming symbols of dependence rather than pillars of national resilience.