Prabowo and Tommy Winata

President Prabowo Subianto paused his speech on Sunday (Jun 29) upon noticing the attendance of Tommy Winata, owner of Artha Graha Group, in the ground breaking ceremony for CATL’s EV battery project in Karawang, West Java province. 

Energy self-sufficiency narrative

President Prabowo Subianto talked about energy self-sufficiency twice over the weekend. The first was when he inaugurated some energy projects, including Medco Energi’s Ijen geothermal and the latest when the president kicked off construction of EV battery plant from CATL in Karawang, West Java province.

Revisiting Medco Energi

Spain’s Repsol has agreed to sell 24% of its interest in Corridor production oil and gas block in South Sumatra to Medco Energi Internasional (MEDC) for US$425 million. With the transaction, Repsol exits the Corridor Block entirely and transfers full control of its stake to Medco.

BRIN and the Future of Research

More than three years since its establishment, Indonesia’s National Research and Innovation Agency (BRIN) has become a central player in the country’s scientific and technological landscape. Created with high expectations, BRIN was tasked with consolidating the nation’s fragmented research institutions, streamlining bureaucracy, and elevating Indonesia’s global scientific standing. But has Indonesian research truly progressed or is it merely producing more data with less meaning?

Reality check on football investment

As global football evolves into a powerful platform for prestige, influence, and financial ambition, several Indonesian tycoons have stepped into the arena—not as spectators, but as owners and stakeholders. From Italy to Belgium and England, these entrepreneurs are embedding themselves into the European football ecosystem. Can Indonesian investors really play—and win—on Europe’s football stage?

TBIG (Saratoga) vs TOWR (Djarum)

PT Tower Bersama Infrastructure (TBIG) Tbk, tower operator controlled by Saratoga Group (Edwin Soeryadjaya), and PT Sarana Menara Nusantara (TOWR) Tbk, controlled by Djarum Group (Hartono family), remain two of the largest independent tower operators in Indonesia. While both maintain similar tenancy ratios and tower portfolios, TOWR has outpaced TBIG in terms of revenue growth and infrastructure diversification, particularly with its aggressive expansion into fiber-optic and FTTH networks.

Medical tourism dream

President Prabowo Subianto inaugurated Sanur Special Economic Zone (SEZ) and Bali International Hospital (BIH) in Denpasar, Bali yesterday. Other than tapping millions of Indonesians currently taking medical treatment abroad, Sanur is expected to become embryo of the country’s medical tourism.

Stronger second quarter for United Tractors

United Tractors (UNTR), a company engaged in construction machinery, coal mining contracting, own coal production, gold and nickel, has just released operational data for the first five months of 2025, which might signal financial performance in the second quarter. 

Shifting in the coal market

Reuters reported on Wednesday (Jun 25) that China and India have shifted to higher-grade coal, cutting import from Indonesia significantly. Which coal miners on the Indonesia Stock Exchange (IDX) would be affected?

HAS Creative and the Business Behind Entertainment Podcast

In recent years, entertainment podcasts have emerged as a new pillar in Indonesia’s digital media landscape. One of the most prominent is Podcast Warung Kopi (PWK) — a casual show filled with humor, nostalgia, and social commentary reminiscent of friendly coffee shop banter. But behind the laughs lies a quiet media giant: HAS Creative.

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