Shares of Sampoerna Agro (SGRO) soared by 20% to Rp7,225 on Wednesday (Nov 19) following acquisition of 65.72% shares by AGPA Pte Ltd, subsidiary of POSCO International Corp, from Putera Sampoerna Family’s Twinwood Family Holdings. 

Thanks to slower than predicted phaseout of coal-fired power plants in China, thermal coal returned to above US$110 per ton recently. Stronger import by India in September also gave hope to, at least for the time being, delayed faster correction of the commodity.

When it rains, it pours. The Constitutional Court has annulled regulations on Right to Cultivate (HGU) for up to 190 years, as well as Right to Build (HGB) and Right to Use (Hak Pakai) for up to 160 years in IKN, inherited from Joko “Jokowi” Widodo administration. On the one hand, it may revive the state’s control over land within its own territory. On the other, the shortened period for land permits could erode investors’ interest in IKN.

Shares of Freeport McMoRan (FCX) ended higher by 2.56% Tuesday (Nov 18) in the New York Stock Exchange (NYSE) following the company’s plans to restore large-scale production from PT Freeport Indonesia’s (PTFI) Grasberg operations in Central Papua, Indonesia.

The recent global outage that hit Cloudflare briefly disrupted access to countless websites and applications worldwide. In Indonesia, the incident triggered a momentary wave of slowdowns and service interruptions, reminding us of a structural vulnerability we rarely discuss: the degree to which our digital ecosystem relies on foreign infrastructure for essential layers such as content delivery, security, routing, and application availability.

Indonesia’s recent victory in MrBeast’s international Minecraft building competition arrived at an interesting moment for the country’s gaming ecosystem. For once, a global spotlight did not fall on Mobile Legends, Free Fire, or any of the usual titles that dominate local conversations, tournaments, and sponsorship budgets. Instead, it came from a small community of Minecraft builders—players who are not necessarily esports athletes, but digital creators working within a virtual sandbox.

So, may be about when Grab will be merged with GoTo because of ‘strong political intervention’. At what price will they agree, time will tell. The planned merger, where Indonesian government, through sovereign wealth fund Danantara, expects ‘golden share’, is interesting because of so many interested parties involved. 

The recent case of a BRI customer losing hundreds of millions of rupiah, later reimbursed by the bank, exposes a critical truth about Indonesia’s digital financial system. Major banks today are rarely breached through their core infrastructure. Instead, attackers exploit weaknesses far outside the bank’s server room: the telecom layer, the national identity ecosystem, and the customer’s own device. These are the real entry points, and they are far more fragile than the public realize.

The government’s plan to tighten the rules governing the 0.5 percent final income tax for micro, small and medium enterprises (UMKM) marks a decisive shift in Indonesia’s tax policy. At first glance, the revision to PP 55/2022 seems like a technical clean-up. In reality, it reflects a deeper transformation in how the state wants to treat small businesses, how it defines “micro,” and how it intends to expand the tax base in a more data-driven era.

The renewed tension between Agriculture Minister Amran Sulaiman and Tempo magazine has been popularly framed as a continuation of their long, uneasy relationship. But reducing it to a personality clash misses the deeper story. The controversy triggered by the DPR and the Ombudsman’s findings on rice governance is not about media hostility — it is about the enduring structural weaknesses that have plagued Indonesia’s food system for years.