Weda Bay Nickel: An outlier?

Feb 11, 2026 | Commodities, Market

Eramet (France), partner shareholder in PT Weda Bay Nickel (WBN) with Tsingshan (China) and Aneka Tambang (ANTM), told investors on Wednesday (Feb 11) that Indonesian authorities have only approved nickel ore production quota of 12 million WMT this year, dropped 62.5%...

Nickel: Cut in plan, not supply

Feb 11, 2026 | Commodities, Market

Ministry of energy and mineral resources (ESDM) has finally set nickel ore production quota between 260 million and 270 million WMT this year, which will be in the range of last year’s actual production.  The ministry might have received application to produce over...

Junk Rally returns, resisting changes

Feb 11, 2026 | Market

Composite index of Indonesia Stock Exchange (IDX) gained 1.37% in the morning session Wednesday (Feb 11), lifted by rally in stocks controlled by Prajogo Pangestu and some junk stocks. Prajogo was among five businessmen invited by President Prabowo for an exclusive...

Prabowo’s two meetings with business leaders

Feb 11, 2026 | Market

President Prabowo Subianto met business leaders on Monday (Feb 9) and Tuesday (10) in his private residence in Hambalang, Bogor Regency, West Java province. Participants were different. The first on Monday is classified ‘second tier’, while those on Tueday can be...

Purbaya vs Trenggono

Feb 11, 2026 | Market

Minister of fisheries Wahyu Sakti Trenggono was mad at minister of finance Purbaya Yudhi Sadewa for the later’s stinging remarks on revitalization of shipyards. Trenggono, at least that was posted on his Instagram account, basically asked Purbaya to verify his...

Trapped in a never-ending cycle

Feb 11, 2026 | Market, Politics

Recent data from the Central Bureau of Statistics (BPS) shows that Indonesia’s workforce increased by 1.2 million people in November 2025 compared to August 2025, yet it remains dominated by workers who have only completed elementary school or less. Not only does this...

Spectrum choices will decide telecom future

Feb 11, 2026 | Market

Indonesia’s long-awaited allocation of the 700 MHz and 26 GHz spectrum bands is not merely a technical exercise. The government’s choice between a price auction, a beauty contest or a hybrid model will ultimately determine the structure of the country’s telecom...

Prabowo’s farmland decree and the coming policy collision

Feb 11, 2026 | Market, Politics

President Prabowo Subianto’s decision to expand protected rice fields across almost the entire country may sound like a long-overdue correction to Indonesia’s shrinking agricultural base. But behind the promise of food security lies a looming collision of state...

Gerindra’s friction for Prabowo’s vice presidency

Feb 11, 2026 | Politics

The race for Indonesia’s 2029 presidential election has not officially begun, but early signs of tension are already visible inside President Prabowo Subianto’s own political house. While the ruling coalition appears united behind the idea of a second Prabowo term,...

Back to where we belong

Feb 11, 2026 | Market

When one businessman close to the President billed finance ministry Rp7 trillion last year for the works done by his company in 2024, some wonder whether it was properly audited. The businessman was directly appointed to develop infrastructure for the food estate...