The Ministry of Cooperatives recently held a groundbreaking ceremony for 800 KDMP (Red-White Village Cooperatives) outlets, which are expected to contribute to the 8% economic growth as envisioned by Prabowo Subianto. Meanwhile, the existing KDMPs are experiencing difficulties in their operations due to financial constraints, particularly the lack of capital injection from the government.

Indonesia’s smartphone market, once an engine of double-digit growth, is entering a period of exhaustion. After a decade of rapid expansion driven by affordable Chinese brands and the growing appetite of middle-class consumers, the market now finds itself in a state of over-competition, eroding margins, and shrinking differentiation.

He was called ‘number eight’ since becoming a captain in the Army’s special force Kopassua. His presidential campaign program was packaged as ‘asta cita’ (eight missions). He was sworn in Indonesia’s eighth president on October 20, 2024. Since then, everything should start with or at least containing the magic number. 

They contributed to ‘fly-to-the-moon’ labelled by finance minister Purbaya Yudhi Sadewa, but the same stocks led corrections of composite index of Indonesia Stock Exchange (IDX)/IHSG. This morning, IHSG fell 1.5% due to downfall of yo-yo and inflated stocks.

After the troubled flag carrier Garuda Indonesia (GIAA) and steel maker Krakatau Steel (KRAS), market participants anticipate bailout of the technically bankrupt state construction firm Waskita Karya (WSKT). 

Palm oil and its derivatives took the number one spot from coal in Indonesia’s export earnings in the first eight months of 2025, but its significance to the economy, especially in the context of State Budget, remains one of the largest. 

Nanik Sudaryati Deyang, deputy chief of the National Nutritional Agency (BGN), which manages the free meal project, said recently that the program (project) is not designed to enrich conglomerates, just week after Japfa Comfeed (JPFA) admitted ‘positive impact’ of Prabowo’s signature program. 

Open conflict between minister of finance Purbaya Yudhi Sadewa and sovereign wealth fund Danantara has escalated. Initially it was started with Purbaya’s refusal to use funds from the State budget to finance payments of debts related to Jakarta-Bandung high-speed train (HST). 

No one call it top. Discussions about bubble burst are around, but gold continues to hit record high. It was last traded at US$4,220 per troy ounce, gaining 61% year-to-date. Yet, some see US$5,000 is inevitable due to persistent hype in the safe haven.

Tin is a critical mineral due its position in the high-tech and energy transition industries. Indonesia holds a strategic position as home to the second largest tin reserves behind China. It is understandable if President Prabowo personally witnessed the handover of seized illegal mining assets to state tin producer Timah (TINS) in Bangka Island two weeks ago.