False recovery of stocks, rupiah remains under pressure

Jun 2, 2026 | Market

Composite index of IDX (IHSG) ended higher by 1.1% Tuesday (June 2), while Rupiah weakened 0.19%. Rupiah yet to cross the psychological level (Rp18,000), but remains under pressure from both global and domestic issues. IHSG recovered mostly due to rally in high...

Key takeaways from April 2026 tourism & transportation data

Jun 2, 2026 | Market

Iran war, which led to soaring oil prices, hurt domestic air transportation significantly in April 2026 despite Lebaran holidays. Arrival of foreign tourists from the Middle East and Europe also dropped substantially in the month. Air travel The Central Bureau of...

Key takeaways from April 2026 trade data

Jun 2, 2026 | Market

Indonesia booked trade surplus of US$89 million in April 2026, pretty much in contrast to prediction from some economists, but dropped substantially from US$159 million in the same period last year. This provided little help to the country’s widened current account...

Silent diplomacy problem

Jun 2, 2026 | Politics

Former vice foreign minister Dino Patti Djalal publicly questioned why some foreign leaders seeking meetings with President Prabowo Subianto allegedly received no response, the controversy was immediately framed as another debate over the President’s frequent...

Review the MBG Reviu application

Jun 2, 2026 | Market, Politics

The controversy surrounding the National Nutrition Agency’s (BGN) Rp1.2 trillion information technology budget for the Free Nutritious Meals (MBG) program is not merely about software. It is about transparency, accountability and whether Indonesia is once again...

Pesta Babi controversy

Jun 2, 2026 | Politics

The controversy surrounding Mama Yasinta Moiwend has evolved far beyond a dispute over a documentary film. It has become a test of transparency, credibility and public trust in one of Indonesia’s most controversial strategic projects: the Merauke food estate. At the...

MBG Goes International

Jun 2, 2026 | Market, Politics

The National Nutrition Agency (BGN), which administers President Prabowo’s flagship free meal program, is back with another controversial move. This time, BGN Head Dadan Hindayana is reportedly exploring the possibility of bringing the MBG program to Indonesian...

Revisiting Oetama Family

Jun 2, 2026 | Profiles

Maria Bernadeth Latifah Oetama, wife of the late Jakob Oetama (co-founder of Kompas Gramedia Group), passed away last Tuesday (May 26) at 91 years old. She left behind five children and one of the largest business groups with interest in various sectors. The children...

Pindad-Ashok Leyland heats up electric bus market

Jun 1, 2026 | Industries

India’s vehicle manufacturer Ashok Leyland is collaborating with state-owned defense contractor PT Pindad to jointly develop electric buses for public transportation and special purpose vehicles, markings its entry into Southeast Asia’s market. The company will...

Not out of the woods yet

Jun 1, 2026 | Market

Brent crude oil futures hiked again by 4.8% to US$95.6 per barrel on Monday (June 1) due to uncertainties surrounding US-Iran peace deal. US dollars, accordingly, appreciated against most currencies.  Other than geopolitical issues and movement of commodities,...