The Business Competition Supervisory Commission (KPPU)’s recent investigation into TikTok Nusantara (SG) Pte Ltd’s acquisition of a 75.01% stake in Tokopedia from GoTO Gojek Tokopedia (GOTO) should serve as a loud wake-up call. The deal, KPPU found, poses a serious risk of monopoly and unfair business practices. But the issue goes far beyond market structure—this is a matter of digital sovereignty.

As Indonesia’s digital economy surges forward, transportation remains one of the sectors ripe for disruption. RedBus, a global bus ticketing platform, is one of the key players trying to modernize how Indonesians book intercity travel.

Shares of Amman Mineral (AMMN), the second largest gold and copper miner in Indonesia behind PT Freeport Indonesia, inched up 0.36% on Wednesday (May 28) as the company continued its buyback program. The stock has gained 32% from its bottom in mid April, but nowhere near its peak due to uncertainty surrounding export permits.

Indonesian hotel, restaurant, and cafe (HORECA) industry has been under significant pressure in the first five months of the year due to a combination of factors: weakened purchasing power of middle-income group, budget cut for travel and conferences by all government agencies down to local level, and lacklustre spending/visit of foreign tourists. 

Shares of Nusantara Sejahtera Raya (CNMA), operator of Cinema XXI, ended slightly higher by 0.68% to Rp147 on Tuesday (May 27). The stock has gained significantly from its bottom (Rp112) early last month, but nowhere near its initial public offering (IPO) price (Rp270) little less than two years ago.

The Central Jakarta District Attorney’s Office has named five suspects in the corruption case of the Temporary National Data Center (PDNS) during the 2020-2024 period. Two of which are former officers at the Ministry of Communication and Information; Director General of Informatics Applications (Aptika) Semuel Abrijani Pangerapan and Director of Government Informatics Application Services Bambang Dwi Anggono. Both will be detained for 20 days until June 10 while further investigation is currently underway.

When we talk about digital transformation, flashy apps and AI tools get all the attention. But the real battle for technological sovereignty lies in a quieter frontier: virtual desktop infrastructure (VDI)—the very system that enables secure, flexible work from anywhere.

Indonesia’s digital economy is growing fast, but the true backbone of sustainable progress lies in what many still overlooked: the infrastructure that powers how we work. One such critical technology is Virtual Desktop Infrastructure (VDI)—a system that allows users to access their work environments securely from any location via a centralized server.

Earlier this month the Attorney Generals’ Office (AGO) mentioned that they are investigating an alleged corruption implicating the troubled textile giant PT Sri Rejeki Isman Tbk (SRIL or Sritex), but the institution refused to explain more. Towards the end of last week, the wait is finally over as the AGO named Iwan Setiawan Lukminto, the president director of the company at the time of the incident, as suspect in a case of alleged corruption. Along with Iwan Setiawan, two officials of regional banks were also named suspects. The details of the crime are unacceptable.