Nepotism: Easy money from garlic import quota
Indonesia heavily relies on import of garlic with annual import quota of more than 600,000 tons. Companies granted the quota, in theory, are required to have local plantation with annual output of 5% (30,000 tons).
Cloud is getting expensive—who pays for the AI race?
Oracle, one of the world’s largest enterprise software vendors, is ramping up investments in AI-driven cloud infrastructure at an unprecedented scale. Reports suggest tens of billions of dollars are being funneled into building data centers capable of handling massive AI workloads. This is not unique to Oracle—every major cloud provider is in a similar arms race—but Oracle’s position in enterprise databases gives it a particularly powerful lever: pricing.
Indonesia-US: The blanket overflight access
The plan to allow U.S. military aircraft access to Indonesian airspace has recently sparked public debate. For many, this goes far beyond a matter of aviation. At its core, the issue raises questions about sovereignty, the direction of Indonesia’s foreign policy, and its position amidst the longstanding rivalry between two global powers.
Talks hope
Financial markets responded positively the ongoing US-brokered negotiation between Israel and Lebanon in Washington DC and Trump’s statement regarding resumption of US-Iran talks in Pakistan in the next two days.
Widodo Makmur: Boosted by Prabowo’s MBG, but got qualified opinion
Agriculture company PT Widodo Makmur Perkasa Tbk (WMPP), controlled by Tumiyana (former CEO of state EPC firm Pembangunan Perumahan/PTPP, reported 77% jump in sales revenues to Rp1 trillion last year, but the financial report got qualified opinion from auditor Jojo Sunarjo & Rekan.
Junk Rally Returns: Moratelindo
Shares of ICT infrastructure company Mora Telematika Indonesia (MORA) or Moratelindo jumped 25% Tuesday (Apr 14) to make a market capitalization of Rp135 trillion, bigger than combined market value of three biggest players—-Sarana Menara (TOWR), Mitratel (MTEL), and Tower Bersama (TBIG).
Worrying signs from Apindo Survey
The House of Representatives (DPR) is deliberating a new Manpower/Labour Law to amend the Law No. 13/2003. Drafters claimed that the labour bill will balancing protection of the workers’ rights, improvement of welfare and sustainability of businesses and investments. Association of Employeers (Apindo), however, remind lawmakers about declining competitiveness of the country’s investment climate.
The 8th Rights Issue for Matahari Putra Prima?
Retailer Matahari Putra Prima (MPPA) plans to issue 24 billion new shares at Rp50 per share to raise a total of Rp1.2 trillion. This is the eight rights issue from the company, which currently has a market value of Rp609 billion only.
Fuel shortage or market engineering?
Recent findings by the Komisi Pengawas Persaingan Usaha (KPPU) suggest a more troubling possibility: what if scarcity is not merely an accident of the market, but a byproduct of how the market itself is designed?
About Yasa Group
Yasa Group (PT Yasa Artha Trimanunggal), CEO Yenna Yuniana, and majority shareholder Andri Mulyono, made headlines recently following public outcry over the purchase of 25,000 premium electric motorcycle by the National Nutrition Agency (BGN) to support President Prabowo’s signature free meal (MBG) program.