Unlike the previous statement from Prasetyo Hadi, minister of State Secretary, that Martabe Gold will be handed over to MIND ID (parent company of state mining companies) and ANTM (state gold miner, under MIND ID), Danantara leaders and energy & mineral resources minister pointed to Perminas as future ‘owner and operator’ of the third largest gold mine.

Total (France) and Inpex (Japan) lost economic rights in Mahakam, used to be the largest gas producing block, and Chevron (USA) left Rokan Block, then the largest oil producing block, under the Jokowi administration (2014-2024) under the ‘nationalism campaign’. Total, Inpex, and Chevron, however, had enjoyed huge economic benefits for decades, and that their contracts were legally not extended.

Composite index of Indonesia Stock Exchange (IDX) opened substantially lower by 6.5% this morning, dragged down by inflated stocks which contributed to substantial rally in the composite index for quite sometime.

The confirmation that ride-hailing drivers will again receive a Bonus Hari Raya (BHR) ahead of Lebaran 2026 has been welcomed as rare good news in Indonesia’s gig economy. Executives at GoTo Group framed the move as proof that digital platforms can balance commercial discipline with social responsibility.

Indonesia’s warning that it may permanently block Grok AI if it refuses to comply with national regulations marks a decisive shift in how the country positions itself in the global artificial intelligence debate. This is no longer a technical dispute about content moderation. It is a political statement about sovereignty in the digital age.

Indonesia’s decision to revoke the permits of 28 companies linked to environmental destruction in Sumatra was initially welcomed as a long overdue assertion of state authority. After years of weak enforcement, the move appeared decisive. Yet the subsequent decision to hand over former concessions to state-owned entities has pushed the issue into a more complex and legally sensitive phase.

SGX-listed RH Petrogas Limited with oil and gas operations Indonesia has on Tuesday (Jan 27) released an Independent Review report from PwC related to allegations from whistleblower about bribery committed by former president director of Petrogas Indonesia.

Pretty much in contrast to the government’s claim of substantially stronger economy in the fourth quarter of 2025, Bank Central Asia (BBCA), the largest bank in private sector, reporter weaker growth in the quarter.

Prasetyo Hadi, minister of State Secretary, told detikfinance.com on Monday (Jan 26) that land and economic activities of 28 companies, whose permit have recently been revoked by President Prabowo Subianto, will be managed by Danantara, a state agency controlling state companies.