Media outlets reported that PT Solusi Sinergi Digital Tbk (WIFI), through its subsidiary Telemedia Komunikasi Pratama, had won the 1.4 GHz spectrum auction for Regional I, covering Java, Papua, and Maluku. The bid was reportedly valued at around Rp 403 billion, while another conglomerate-linked entity, DSSA, secured Regional III. Although this information has not yet been formally confirmed by the Ministry of Communication and Digital Affairs (Komdigi), it has already fueled a wave of market speculation — and political suspicion.

When TikTok announced plans to raise its creator revenue share to as much as 90 percent in select markets, it caught global attention. Yet in Indonesia—the platform’s second-largest user base after the United States—this policy has not been implemented. The absence of formal rollout has not stopped speculation, however. For millions of local creators, brands, and regulators, the mere prospect of such a change already hints at a possible transformation of the country’s digital economy.

Sovereign wealth fund Danantara appointed Lt General (ret) Glenny Kairupan, long-time friend of President Prabowo Subianto and politician from Gerindra Party, as new president director of the troubled flag carrier Garuda Indonesia (GIAA).

Other than Riza Chalid, said godfather of oil trading in Indonesia, some big names have been mentioned as beneficiary owners of the crime implicated PT Pertamina Patra Niaga (PPN), subsidiary of state oil and gas company Pertamina. 

Shares of Diamond Food Indonesia (DMND) and Cisarua Mountain Dairy (CMRY)/Cimory, both involved in dairy and meat processing/distribution, opened slightly higher this morning. While their business size is somewhat similar, Diamond is only less than one-sixth of Cimory. Why?

Temporary suspension of mining activities in the Grasberg Block Cave (GBC) due to the mud rush incident in Papua will have significant impact to Indonesian economy in the coming quarters just when the government expecting faster economic growth in the fourth quarter onwards.

Shares of MNC Tourism Indonesia (KPIG), a company controlled by Harry Tanoesoedibjo and partner of Trump Organization in some hospitality investments, ended lower by 1.23% Tuesday (Oct 14) when international media published ‘hot mic’ conversation between US President Trump and Indonesian president Prabowo Subianto during the Gaza Peace Summit.

Atlanta-based food & beverages franchise giant Inspire Brands and PT Diamond Donuts Internasional (DDI) recently signed exclusive master franchise for Dunkin Donuts in Indonesia. DDI replaces PT Dunkindo Lestari, which managed the famous donuts chain for the past four decades.

Agrinas is a state-owned enterprise to watch because of its involvement in lot more business activities under Prabowo administration. The most recent, Agrinas and the military (TNI) will be ‘hired’ to build outlets and warehouses for over 80,000 cooperatives across the archipelago. 

When Roblox released its 2025 Economic Impact Report this week, headlines quickly celebrated a new milestone: Indonesia’s local creators on the platform had contributed US$8.2 million (Rp126.7 billion) to the national GDP between 2019 and 2024, growing at an astonishing compound annual rate of 307 percent.