August 12, 2024, then President Jokowi kicked off development of three property projects initiated by Intiland Development (DILD), controlled by the late Hendro Santoso Gondokusumo’s family, in the capital city Nusantara (IKN Nusantara). More than one year later, the IKN Nusantara Authority granted Intiland the status of Initiator of a project to develop 109 luxury homes.

One state EPC firm listed on the Indonesia Stock Exchange (IDX) reported net profit of Rp5.56 billion in the first nine months of 2025, collapsed 98% from the corresponding period last year. How do you know the financial report is true?

For decades, Indonesia’s music industry has been haunted by one fundamental confusion: who should pay royalties for live performances? Singers and songwriters have often been pitted against each other, while event organizers—the actual commercial beneficiaries—escaped scrutiny.

The Ministry of Finance is currently reviewing plans to impose excise taxes on diapers, wet tissues, disposable tableware and even snacks. All of which are convenience goods that use non-biodegradable materials, so the plans might reduce environmental harm. On the other hand, it might lower household purchasing power and, by extension, national economic growth.

Extraordinary meeting of shareholders (RUPSLB) scheduled December 17, 2025 might seal Patrik Walujo’s dismissal as CEO of GOTO Gojek Tokopedia. Agenda for the RUPSLB, convened at the request of some shareholders, will be announced November 25.

Surya Darmadi, founder of Darmex/Duta Palma, one of the largest plantation groups in the country, has on October 2nd, 2025 written a letter to sovereign wealth fund Danantara, where he offered to grant Rp10 trillion worth of assets in West Kalimantan. 

On the surface, Indonesia has seven state-owned companies involved in engineering, procurement, and construction (EPC) services. Sovereign wealth fund Danantara as revealed a plan to consolidate them to three companies. But, how about EPC companies under other state companies?

The escalating noise over Grab’s interest in acquiring GoTo has turned a strategic issue into a political and corporate spectacle. At the center of this swirl stands Patrick Walujo, a CEO now portrayed as the primary obstacle to a merger that appears to be advancing through opaque channels. The framing has become almost theatrical: Patrick versus everybody. Yet the deeper one looks, the clearer it becomes that even Patrick himself does not fully understand who is driving this sudden pressure to accelerate consolidation.

The upcoming presidential regulation on ride-hailing drivers was supposed to offer long-awaited clarity on one of Indonesia’s most sensitive labor questions: whether millions of drivers are workers or partners. Instead, the drafting process has exposed how narrow the policymaking circle is when digital-economy interests collide with political convenience.

Sherly Tjoanda Laos, the Governor of North Maluku, reportedly inherited multiple mining companies from her late husband, Benny Laos. While it is not uncommon for state officials to come from an entrepreneurial background, their direct involvement in the private sector could potentially cause a conflict of interest, which then leads to other issues, such as abuse of power.