A crime without a suspect

Mar 9, 2026 | Law

When it comes to confusing the public, Indonesia’s law enforcement never truly takes a day off. Recently, the national police’s Cyber Crimes Investigation Agency (Dittipidsiber) confiscated assets worth Rp 58.1 billion linked to alleged money laundering through online...

Market rout

Mar 9, 2026 | Market

Asian stock markets fell significantly this morning to respond 17% hike of crude oil to US4108 per barrel. Escalating tensions in the Middle East led to nearly 6% fall of Nikkei 225 in Tokyo and 6.6% drop of KOSPI composite index in Seoul Monday morning, while All...

Siaga 1 and politics of geopolitical anxiety

Mar 9, 2026 | Market, Politics

The Military’s decision to raise its readiness status to Siaga 1, the highest operational alert, was officially framed as a precautionary measure in response to escalating tensions in the Middle East. Yet such decisions are rarely purely technical. In Indonesia’s...

The rise of Mova and gray-zone digital economy

Mar 9, 2026 | Market

Digital economy is often defined by unicorns and venture capital. Names like Gojek, Tokopedia and Traveloka dominate the narrative of innovation, backed by billions of dollars from global investors. Yet a new generation of platforms is emerging outside this familiar...

Bracing for more pressures (3)

Mar 9, 2026 | Market

Brent crude oil surged 17% to US$108 per barrel in Asian trading this morning due to escalated conflicts in the Middle East. Naphtha, key raw material for olefin centers operated by Chandra Asri (TPIA), will likely follow after 43% jump year-to-date. Natural gas,...

Barito Renewables vs Pertamina Geothermal

Mar 9, 2026 | Market

Composite index of Indonesia Stock Exchange (IHSG) should have dropped deeper than 1.62% last Friday (Mar 6) if Barito Renewables (BREN) didn’t gain 5.8%. Sister company Chandra Asri (TPIA), which declared force majeure related to the Middle East conflicts, even...

Petrosea vs Adaro

Mar 9, 2026 | Market

Shares of coal mining contractor Petrosea (PTRO) ended substantially lower by 5.1% to Rp4,960 on Friday (Mar 6), while coal miner Adaro Andalan Indonesia (AADI), second largest behind Bumi Resources (BUMI) in terms of sales volume, slipped 0.24%.  PTRO was traded with...

Outliers of 2025 (3): Watsons

Mar 9, 2026 | Market

Retailers were mostly under pressures last year due to weakening purchasing power in the middle class. Some opted to close down outlets and reduce workforce. PT Duta Intidaya Tbk (DAYA), operator of Watsons outlets, however, was among the exceptions. DAYA, controlled...

The Disposable Couriers (2)

Mar 6, 2026 | Law

Several irregularities have emerged in the 2-ton crystal methamphetamine smuggling case involving crew members of the Sea Dragon Tarawa. One particularly noteworthy aspect is the recruitment process of Fandi Ramadhan, which suggests that he occupied the lowest level...
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