Through an aggressive strategy of acquiring sports broadcasting rights — particularly for football — Vidio has become the go-to subscription platform for millions of fans. The English Premier League, UEFA Champions League, even the FIFA World Cup — all are now locked behind Vidio’s paywall, making it almost indispensable for football enthusiasts.

Indonesian government said that LG Energy Solution’s decision to pull out from EV battery project in Indonesia should not be a problem because China’s Zhejiang Huayou Co Ltd has expressed interest to replace the South Korean battery giant. Really?

Amid Indonesia’s efforts to establish sovereignty over its national payment system, trade frictions with the United States have emerged. One of the focal points is the implementation of QRIS (Quick Response Code Indonesian Standard) and the GPN (Gerbang Pembayaran Nasional/National Payment Gateway) system. Both are significant milestones in Indonesia’s financial sector reform, but at the same time have become stumbling blocks in trade relations with the global superpower.

PT Bali Pecatu Graha, a company controlled by PT Humpuss Land (controlled by Hutomo Mandala Putra AKA Tommy Soeharto, youngest son of the late president Soeharto), has just terminated an agreement signed with PT Stareast Sejahtera Group in January 2013.

Against all odds, Cemindo Gemilang (CMNT), producer of Merah Putih cement brand, came out with a rather optimistic outlook for this year despite predictions about economic slowdown and weaker purchasing power. The company, owned by GAMA Group (Sitorus brothers), projected between 4-5% growth, twice of the national growth.

PT Fast Food Indonesia (FAST) Tbk, operator of Kentucky Fried Chicken (KFC) outlets, has just released financial report for full year 2024, where it posted net loss of Rp797 billion, surged by nearly 92% from 2023 on falling sales and squeezed margins.

Crude palm oil (CPO) recovered slightly by 0.2% to MYR3,975 per ton in Kuala Lumpur this morning on reports about potential de-escalation in the US-China trade war. The commodity lost 10.6% year-to-date, but gained 0.8% year-on-year. First quarter 2025 data pointed to strong performance of Indonesian palm oil producers.

Shares of coal miners operating under the special mining business permit (IUPK) like Bumi Resources (BUMI), Adaro Andalan (AADI), and Indika Energy (INDY) gained substantially on Tuesday (Apr 22), while those under mining business permit (IUP) edged up slightly to respond the new royalty scheme for the commodity.

In the last five years, Indonesia has watched several major investment opportunities slip away—often not because of macroeconomic instability, but due to persistent interference from mass organizations (ormas) operating beyond the law. High-profile investors such as Tesla and LG have withdrawn plans to enter the country, citing regulatory uncertainty and environmental risks. Even projects already in development—like BYD’s electric vehicle factory in Subang—have experienced delays due to ground-level obstruction by ormas demanding access or concessions.