E10 and the politics of control

Government parades its plan to enforce a 10 percent ethanol blend in gasoline — the so-called E10 mandate —cleaner energy, lower emissions, and a brighter future for farmers. Bahlil Lahadalia, Energy Minister said that President Prabowo Subianto reportedly blessed the initiative, turning it into another banner of “energy sovereignty.”

Indonesia needs smart regulation, not just higher ojol fares

When the Ministry of Transportation floated a plan to raise online motorcycle taxi (ojol) fares by 8 to 15 percent, the debate instantly focused on numbers — per-kilometer rates, base fares, and profit shares. Yet, behind the arithmetic lies a deeper structural issue: Indonesia’s digital labor economy is being governed as if it were still a conventional transport sector.

Danantara digs deeper for Garuda Indonesia

Shares of flag carrier Garuda Indonesia (GIAA) ended substantially higher by 8% to Rp88 on Tuesday (Oct 7) following announcement of US$1.846 billion capital injection from sovereign wealth fund Danantara, significantly bigger than the previously announced US$1 billion ‘bail-out’ plan. 

Walk the talk: Carbon credits?

Hashim Djojohadikusumo, younger brother of President Prabowo Subianto, who is special envoy for climate and energy, once claimed billions of US dollars revenue from carbon credit would be enough to part funding his brother’s ambitious ‘projects’, including free meal.

Militarizing the forest

When the government enacted PP No. 45/2025 in late September, it was framed as a milestone in the country’s long-standing battle to regain control over forest areas misused by private interests. The regulation introduces a new penalty scheme: any plantation—especially palm oil—operating within state-designated forest zones without a permit will be fined Rp 25 million per hectare per year, retroactively calculated based on the years of operation.

CATL vs LGES

Contemporary Amperex Technology Co Ltd (CATL), the world’s largest EV battery manufacturer, and LG Energy Solutions (LGES), both have Indonesian presence whilst with reduced investment commitments. LGES was the first to start local production in partnership with South Korean EV manufacturer Hyundai. 

BYD vs Tesla

BYD, the world’s largest EV manufacturer with growing popularity in Indonesia, sold 3.26 million new energy vehicle (NEV) in the first nine months of 2025, an increase of 18.6% from the corresponding period last year. 

Timah & The Seized Tin Assets

Shares of Timah (TINS), one of the world’s largest tin miners, ended flat at Rp2,260 on Monday (Oct 6) when President Prabowo Subianto witnessed the transfer of some tin assets seized from some business people implicated in the so-called ‘Rp300 trillion’ tin corruption case. 

Incoherent record

Composite index of IDX (IHSG) hit a record high of 8,118 on Friday (Oct 3) after gaining 13 percent year-to-date. The record, however, was achieved with unbelievable gains of inflated stocks, mostly linked to politically-connected business groups.

TikTok’s license restored, but…

Ministry of Communication and Digital Affairs (Komdigi) suspended TikTok’s license in early October, the freeze lasted barely a day. After TikTok submitted data requested by the government, the ministry swiftly reinstated its operating permit.
Officially, the case is closed. But the speed of both the suspension and its reversal reveals a larger pattern: digital governance is no longer just about regulation — it is becoming a mechanism of control.

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