Officially, the Directorate General of Immigration confirmed that Victor Rachmat Hartono, the director of PT Djarum, along with several tax officials and consultants, was barred from leaving the country for six months starting November 14. The order came at the request of the Attorney General’s Office as part of an investigation into alleged bribery linked to tax amnesty program.

The latest standoff between lawmaker Adian Napitupulu and Finance Minister Purbaya Yudhi Sadewa over the crackdown on imported second-hand clothing may look like a trivial fight about thrift shops. It is not.

Percentage of export tax on coal is yet to be set, but for gold it could reach 15% if the precious metal remains above US$3,200 per troy ounce. Who’ll be affected? Implications to the economy?

Frustrated with weak collection of taxes, Prabowo government is trying to revive export tax for coal and gold. While it might work nicely for gold, given the current high price and huge profit recorded by miners, additional tax on coal could hurt the coal economy. 

Shares of Sampoerna Agro (SGRO) soared by 20% to Rp7,225 on Wednesday (Nov 19) following acquisition of 65.72% shares by AGPA Pte Ltd, subsidiary of POSCO International Corp, from Putera Sampoerna Family’s Twinwood Family Holdings. 

Thanks to slower than predicted phaseout of coal-fired power plants in China, thermal coal returned to above US$110 per ton recently. Stronger import by India in September also gave hope to, at least for the time being, delayed faster correction of the commodity.

When it rains, it pours. The Constitutional Court has annulled regulations on Right to Cultivate (HGU) for up to 190 years, as well as Right to Build (HGB) and Right to Use (Hak Pakai) for up to 160 years in IKN, inherited from Joko “Jokowi” Widodo administration. On the one hand, it may revive the state’s control over land within its own territory. On the other, the shortened period for land permits could erode investors’ interest in IKN.

Shares of Freeport McMoRan (FCX) ended higher by 2.56% Tuesday (Nov 18) in the New York Stock Exchange (NYSE) following the company’s plans to restore large-scale production from PT Freeport Indonesia’s (PTFI) Grasberg operations in Central Papua, Indonesia.

The recent global outage that hit Cloudflare briefly disrupted access to countless websites and applications worldwide. In Indonesia, the incident triggered a momentary wave of slowdowns and service interruptions, reminding us of a structural vulnerability we rarely discuss: the degree to which our digital ecosystem relies on foreign infrastructure for essential layers such as content delivery, security, routing, and application availability.

Indonesia’s recent victory in MrBeast’s international Minecraft building competition arrived at an interesting moment for the country’s gaming ecosystem. For once, a global spotlight did not fall on Mobile Legends, Free Fire, or any of the usual titles that dominate local conversations, tournaments, and sponsorship budgets. Instead, it came from a small community of Minecraft builders—players who are not necessarily esports athletes, but digital creators working within a virtual sandbox.