Attorney General’s Office (AGO) has on Friday (Sept 12) examined Fitri Jusuf, daughter of Mohamad Jusuf Hamka—-beneficiary owner of toll road developer and operator PT Citra Marga Nusaphala Persada (CMNP) Tbk. This adds to the noises surrounding Jusuf Hamka in the past few months. 

So, Leafgreen Capital and Gateway Partner Group have acquired 22.16% shares in PT Nippon Indosari Tbk (ROTI), famous with its Sari Roti brand, from global private equity firm KKR (through Demeter Indo Investment). 

When Energy Minister Bahlil Lahadalia insists that private fuel stations must buy from Pertamina under a business-to-business (B2B) scheme, the narrative is framed as a technical fix for shortages. But to read this policy merely as a matter of logistics would be...

The government has just issued Minister of Industry Regulation (Permenperin) No. 35/2025 on Local Content Requirement (TKDN) and Corporate Benefit Weighting (BMP). This new regulation replaces the outdated Permenperin 16/2011, while also responding to Indonesia’s...

State pharmaceutical company PT Kimia Farma Tbk (KAEF) has just released financial report for the period ended June 30, 2025. The company posted net loss of Rp95 billion, slashed from Rp227 billion in the corresponding first half of 2024. 

PT LBM Energi Baru Indonesia, a joint venture between Indonesian Investment Authority (INA), HKSE-listed Jiangsu Lopal Tech Co Ltd, and LG Energy Solution Ltdd (one of the world’s largest EV battery manufacturers) has recently signed an industrial land utilization agreement with Batang Industropolis. 

Shares of PT Dian Swastatika Sentosa Tbk (DSSA), new constituent of MSCI Index controlled by Widjaja Family (Sinarmas Group), ended lower by 6.55% to Rp96,250 to make a market capitalization of Rp742 trillion or US$45 billion on Thursday (Sep 11). 

Those two words were usually associated with Jakarta. People, especially tourists, do not expect to experience them in the tourism island of Bali. Traffic congestion hurt Bali for quite sometime now due to lack of investments in public transportation and poor law enforcement. Sometimes it’s worse than Jakarta, especially during long weekends and holiday seasons.

The government’s repeated assurance that Pertamina can cover private fuel stations’ shortages through business-to-business (B2B) arrangements risks becoming a dangerous illusion. It signals a deeper policy tendency: masking structural flaws with stop-gap measures, while ignoring the urgent reforms that Indonesia’s downstream oil market desperately requires.

The Consumer Confidence Index (CCI) declined further to 117.2 in August 2025, according to survey by Bank Indonesia. This is the lowest reading in the past three years, mainly due to falling Job Availability Index, which fell into pessimistic zone, while the Current Income Index was slightly above 100.