Those continue to expand
Rupiah depreciated 6% in the past twelve months, but Kerney’s foreign direct investment (FDI) confidence index for Indonesia dropped to 13, way below Thailand (6) and Malaysia (7), which improved significantly.
KoinP2P case
Prosecutors from the Jakarta High Prosecutor’s Office named three top executives of KoinP2P as suspects in an alleged corruption case tied to the disbursement of approximately Rp600 billion in loans through a cooperation scheme with state-owned lender Bank Rakyat Indonesia (BRI).
Disney’s Superapp
The Walt Disney Company reportedly began exploring a superapp integrating Disney+, theme parks, cruises, ticketing and merchandise into a single ecosystem, many saw it as another corporate technology experiment. In reality, the move signals something much bigger: the arrival of a new phase of platform capitalism where entertainment companies seek to dominate not only audiences’ attention, but entire consumer lifestyles.
KDMP & KNMP Managers: 2-Year Free Trial
In a media briefing on Monday (11/05), Finance Minister Purbaya Yudhi Sadewa revealed that salaries for village cooperative (KDMP) and fishing village (KNMP) managers will be funded by the state budget for the first two years. It sounds like a free trial. But what happens once that initial support ends and the government steps back?
Rupiah and MSCI
Rupiah is moving closer to its new psychological level of Rp18,000 per US dollar. The currency was traded at Rp17,452 this morning, under pressure from tensions in the Middle East and persistent questions on fiscal sustainability.
Salim’s Indomobil & Prabowo’s KDMP
The Red-and-White Village Cooperative (KDMP) is the second largest program from Prabowo administration after the free-nutritious-meal (MBG) program. Among the biggest spendings for KDMP is the purchase of 6-wheel trucks. Two India-based automotive players, Tata and Mahindra, are main gainers of the program. They, accordingly, took the headlines.
Protecting banking reputation
The recent acquittal of eight bankers in the Rp1.3 trillion Sritex corruption case may have protected banking industry from immediate reputational shock. But it also exposed a deeper problem within the country’s legal and financial governance system: the uneasy boundary between maintaining market confidence and enforcing accountability.
Alleged corruption in Halal Certification procurement
Findings from an investigation by Indonesia Corruption Watch (ICW) point to alleged corruption in the 2025 procurement of halal certification services at the National Nutrition Agency (BGN), with potential state losses estimated at up to Rp 49.5 billion. ICW highlights four main issues, namely a weak legal basis for the procurement, the splitting of procurement packages, the use of unregistered service providers, and indications of cost inflation.
Connectivity or control?
The inauguration of a new Community Gateway in Wamena by Telkomsat may appear, at first glance, as another infrastructure success story. The government celebrates it as a leap forward for digital inclusion in Papua, promising internet capacity increases of up to fivefold across the highlands. Officials frame the project as proof that Indonesia is finally bringing connectivity to one of its most isolated regions.
ResInvest enters Marga Bara Jaya
SGX-listed Geo Energy Resources Ltd, which operates coal mines in Indonesia, has entered into a term sheet with Resource Invest AG (ResInvest), wherein ResInvest will enter the company’s infrastructure business with a US$1.5 billion valuation.