SANY found guilty on vertical integration
Business Competition Supervisory Commission (KPPU) has imposed a total fine of Rp449 billion on three local subsidiaries of Chinese construction machinery giant Sany Group for violating vertical integration and market dominance in selling Sany trucks in Indonesia.
MSCI Index: DSSA & CUAN?
Shares of Dian Swastatika Sentosa (DSSA), parent company of coal mining PT Golden Energy Mines Tbk (GEMS), surged 20% on Friday (Aug 8) following its inclusion in the MSCI Global Standard Index. Petrindo Jaya (CUAN) also gained 7.2% that day for the same reason.
Lower investments from F&B Processors
Indofood CBP Sukses Makmur (ICBP) and Mayora Indah (MYOR) are two of the largest food processors in the country. They came out with some contrasts in the first half of 2025. ICBP reported 56.6% jump in net profit to Rp5.54 trillion, while Mayora suffered 32% fall to Rp1.17 trillion.
Stock to watch: Fast Food Indonesia
Fast Food Indonesia (FAST), operator of Kentucky Fried Chicken (KFC) outlets, has become the best performing stock in F&B sector with nearly 100% gain in the past three months even when the company reported weaker performance in the second quarter.
Untangling the Google cloud probe
On August 7, 2025, former education minister Nadiem Makarim walked out of the Corruption Eradication Commission (KPK) headquarters after nearly nine hours of questioning. Flanked by his high-profile lawyer, Hotman Paris Hutapea, Nadiem kept his words to the press brief, saying only that the examination went “smoothly” and that he appreciated the opportunity to clarify matters. The case in question is the alleged corruption in the procurement of Google Cloud Platform (GCP) services during his tenure, a deal that could reshape how Indonesia governs its technology spending.
Update on music royalty dispute
Several prominent musicians, such as Ahmad Dhani and Charly Van Houten, have taken significant steps in response to these issues. Ahmad Dhani, for instance, decided to waive royalty fees for Dewa 19’s songs played in cafes and restaurants. He hopes this measure will ease the burden on business owners affected by the pandemic. On the other hand, Charly Van Houten chose a lighter approach by not demanding royalties for his songs performed at cafes and restaurants and offering rewards to musicians who perform his songs directly at those places.
Update on BI’s CSR corruption case
When the Corruption Eradication Commission (KPK) officially named two members of parliament as suspects in the alleged corruption of Bank Indonesia’s Corporate Social Responsibility (CSR) funds—known as the Bank Indonesia Social Program (PSBI)—many weren’t surprised. Not because they had insider information, but because they’ve long suspected that government-run social funds are often a political playground.
The 250% tax crisis in Pati
A wave of public outrage is sweeping through Pati Regency, Central Java—not because of a national political scandal, but over a local decision that citizens believe to be arbitrary and oppressive: a 250% increase in the land and building tax (PBB-P2). This drastic policy has triggered mass protests and opened up broader questions about local governance, public accountability, and the growing disconnect between elected leaders and the people they are meant to serve.
LG-Sinarmas in data center
LG Sinarmas Technology Solutions, a joint venture between South Korea’s LG CNS and Sinarmas Group, has signed a business contract with Kuningan Mas Gemilang to build a hyperscale artificial intelligence (AI) data center with a ground level of 11-story building or around 46,281 square meters.
Ongoing pressures on conventional media industry
It is hard to convince media people that Indonesian economy improved as claimed by the government. PT Media Nusantara Citra (MNCN) Tbk, parent of RCTI and MNCT TV, was forced to cut 10.8% or 589 employees in the first six months of 2025 as sales and profitability eroded further, among others due to disruption by digital platforms.