Koperasi Merah Putih Microsites
The government has launched an ambitious program called Koperasi Merah Putih, aiming to establish over 80,000 village and neighborhood cooperatives nationwide. This initiative is touted as a major leap toward grassroots digital transformation. One of its key components is the development of microsites—small, dedicated websites for each cooperative to create a public-facing digital presence.
Prajogo’s CUAN: Just a number!
Shares of PT Petrindo Jaya Kreasi Tbk (CUAN), controlled by Prajogo Pangestu, ended lower by 3.4% to Rp1,570 Wednesday (Jul 30) to make a market capitalization of Rp176.5 trillion. CUAN, a very small coal miner, is now valued more than three times Adaro Andalan (AADI), one of the largest coal miners in the country.
Fore vs Starbucks
PT Fore Kopi Indonesia (FORE) Tbk, owner of the Fore coffee franchise, is among the best performing stocks in the past two months. It advanced 2.3% to Rp665 on Thursday (Jul 30), making 254% gain from its initial public offering (IPO) in mid April. Too much?
BCA vs BRI
Shares of Bank Central Asia (BBCA) ended slightly lower by 0.3% Wednesday (Jul 30), while state bank BRI (BBRI) lost 3.6%. Investors priced in their contrasts of business performance in the first half 2025 and perceived outlook.
Google Ongoing Cases in Indonesia
The Corruption Eradication Commission (KPK) has initiated a preliminary investigation into the procurement of cloud computing services at the Ministry of Education, Culture, Research and Technology under Nadiem Makarim. It marked the third case involving Google in 2025 after the Chromebook graft and the Google Play monopoly. So, let’s do a quick recap.
Should we trust Rosan’s numbers? (1)
Minister of investment Rosan P Roeslani claims investments in the first half reached Rp942.9 trillion, an increase of 13.6% from the corresponding period last year despite falling foreign direct investment (FDI) in the second quarter. Investments by domestic investors surged 30.5% in the second quarter. Really?
Finding Rizal Chalid
For the second time in the past two weeks, Attorney General’s Office (AGO) placed an advertisement in the Jakarta Post about its summon of fugitives in corruption case. Last week, AGO placed an ad for the summon of Jurist Tan, former special staff of Nadiem Makarim, a suspect in Chromebook corruption scandal. This morning, AGO placed an ad for the summon of Riza Chalid, a corruption suspect in Pertamina oil trading.
Reality check on Pertamina Geothermal
Shares of PT Pertamina Geothermal Tbk (PGEO) ended substantially higher by 8.3% to Rp1,830 on Tuesday (Jul 29) even when the company reported 28% drop in net profit for the first half of 2025.
Food Processors in First Half 2025 (2): Ultrajaya
Shares of dairy producer Ultrajaya (ULTJ) declined 1.9% to Rp`,305 this morning as investors responded negatively the company’s financial performance in the first half of 2025, where net profit dropped 20%.
Bank Panin vs Permata
Shares of Bank Permata (BNLI), controlled by the Bangkok Bank, advanced further by 1.3% to Rp3,160 this morning, making it one of the best performing stocks in recent months. Bank Panin (PNBN), controlled by Mukmin Ali Gunawan’s family, meanwhile, opened lower by 0.4% to Rp1,135, solidifying its position as the most underperformed stocks.