CNG vs Gas Pipeline

Iran war cost the State budget dearly from higher energy subsidies. While it inevitable for gasoline, diesel, and aviation fuel, given the circumstances (bigger gap between domestic production and consumption), the country should have long invested in gas pipeline...

Universities as local government partners

Prabowo Subianto has instructed universities to “assist” local governments in addressing a range of issues, particularly in regional development and environmental management. This directive is intriguing. Will it strengthen the critical role of academics in...

Danantara and GoTo

The government’s entry into GoTo Group through Danantara Indonesia may look modest on paper. The stake is still below 1 percent. Yet politically and economically, the signal is enormous. This changes the nature of the relationship between government and digital...

A legal battle over prime land in Menteng

The dispute over a heritage property on Teuku Umar Street in Menteng, Central Jakarta, may appear at first glance to be just another land conflict between a private company and the state. But the ongoing battle between PT Temasra Jaya and the Military (TNI) reveals...

Viral justice and the business of political law

The assault case involving Ronald Aristone Sinaga, better known as Bro Ron, is more than a sensational altercation inside a Jakarta law office. It reflects a deeper transformation in Indonesian public life: the rise of politicians who simultaneously operate as...

Windfall tax on nickel 

Shares of nickel producers ended mostly lower ground on Tuesday (May 5) even when the commodity gained 2.1% to US$19,635 in the London Metal Exchange (LME) as the government floated a plan to charge a windfall tax on nickel and coal.  Minister of finance Purbaya Yudhi...

Defending rupiah

Bank Indonesia has reduced further the cap to buy US dollars without underlying transactions from US$50,000 to US$25,000. The central bank halved the cap from US$100,000 to US$50,000 last month, but failed to prevent further depreciation of rupiah. BI governor Perry...

Merdeka Copper’s rights issue

Merdeka Copper Gold (MDKA), co-owned by Saratoga and Provident, has launched a non-preemptive rights (NPR) issue for 2.447 billion shares with expected proceeds of US$434 million. This is one of the largest fund raising in Indonesian capital market so far this year...

Fast refunds, selective capitalism

As Finance Minister introduced Peraturan Menteri Keuangan (PMK) Nomor 28 Tahun 2026, the government framed it as a long-overdue response to one of the private sector’s loudest complaints: slow tax refunds. By accelerating the return of overpaid taxes, the policy...

Teddy vs Amien Rais

Recent remarks by Human Rights Minister, Natalius Pigai, suggest a troubling shift in how the state interprets dissent. By framing statements made by Amien Rais as potential “human rights violations” and implying that only cabinet secretary Teddy Indra Wijaya has the...
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