Students return to the streets

Jun 12, 2026 | Market, Politics

Thousands of police personnel had been deployed across Jakarta to secure student demonstrations centered around Bundaran HI. The immediate trigger may be a protest organized by BEM UI, but the emerging picture suggests something broader: a growing convergence of...

Who will pay for PPPK promise?

Jun 12, 2026 | Market, Politics

The recent wave of governors appearing before the House of Representatives with a similar plea—more money to pay government contract employees (PPPK)—should serve as a warning sign for policymakers. What initially appeared to be an administrative issue has quickly...

Who is Gus Najmi?

Jun 12, 2026 | Profiles

Muhaimin Iskandar (Cak Imin) announced the appointment of Najmi Mumtaza Rabbany, widely known as Gus Najmi, as Chairman of PKB’s Daily Executive Board, many Indonesians asked a simple question: Who is Najmi? Najmi’s journey has not been confined to a single party. He...

A new wave of demonstrations

Jun 12, 2026 | Market, Politics

As the government stumbles from one controversy to another, students are once again at the forefront of safeguarding democracy. They will hold a demonstration in Jakarta today, adding to the growing list of mass protests that have taken place across several regions of...

More electricity projects to watch

Jun 12, 2026 | Market

President Prabowo Subianto has approved a plan from Kalla Group, led by Jusuf Kalla (former vice president), to build up to 2,000 MW power plants (hydropower and gas-fired) with investment of up to Rp70 trillion.  Kalla said after a meeting with Prabowo Thursday (Jun...

Telkom & MDI Ventures

Jun 12, 2026 | Market

Shares of Telkom (TLKM), market leader in telco services, advanced 2.14% to Rp2,870 Thursday (Jun 11) on the company’s plan to buyback shares and streamlining operations. Telkom’s first quarter 2026 results were actually weak.  At the last quoted price, Telkom was...

Bottoming out or a dead cat bounce? (3)

Jun 12, 2026 | Market

Composite index of IDX (IHSG/JCI) ended lower by 0.28% on Thursday (Jun 11) as some investors realized gains from two consecutive days of rally. Net sell by foreign investors also dropped to US$14.05 million, the lowest in the past few trading days, while external...

Retail sales data

Jun 11, 2026 | Market

Indonesia’s retail sales dropped 3.7% year-on-year in April 2026, reversing a 3.4% growth in the previous month, a survey from Bank Indonesia found. The survey suggested another contraction in May, but slower (-3.2%) than April.  The survey, of course, was conducted...

National healthcare access at risk

Jun 11, 2026 | Market

BPJS Kesehatan is reportedly facing a monthly deficit of Rp 2 trillion. This situation could push the national health insurance system toward default by July 2027 if left unaddressed. The warning has sparked public concern, not only about the future of healthcare...

Update on DSI case

Jun 11, 2026 | Law, Market

The decision by police to name a former senior official of the Financial Services Authority (OJK) as a suspect in the PT Dana Syariah Indonesia (DSI) case marks a turning point in one of largest fintech scandals. What initially appeared to be another failed investment...