Mandatory education spending becomes a budget loophole

The Constitutional Court is now confronting a case that could redefine the meaning of Indonesia’s constitutional commitment to education. A petition challenging Law No. 17/2025 on the 2026 state budget questions whether President Prabowo Subianto’s flagship Free...

The politics of imported truck procurement

Deputy Speaker of the House of Representatives Sufmi Dasco Ahmad has called for a postponement of the plan to import 105,000 vehicles from India, which were intended to support logistics transportation for the Red-White Village Cooperative (KDMP). The inconsistency...

Update on the PDNS corruption case

Nearly a year after the suspects were first named, the case has now entered a more decisive legal phase. Prosecutors have formally demanded prison sentences of up to 10 years for several defendants, including seven years for Semuel Abrijani Pangerapan, along with...

The latest on Pertamina corruption case

A watershed moment has arrived in the long-running corruption case tied to Indonesia’s state-owned energy giant, PT Pertamina. In a series of verdicts delivered in late February 2026, a Jakarta Corruption Court has sentenced several key figures in what prosecutors...

2025 was great for oil palm planters, but…

SGX-listed Bumitama Agri Ltd, a plantation company controlled by Harita Group, booked net profit of Rp2.8 trillion last year (twice of IDX-listed Astra Agro Lestari), an increase of 22.5% from 2024 even when its crude palm oil (CPO) sales volume didn’t grow at all. ...

Consistently undervalued Astra

Shares of Astra International (ASII), a diversified business group with interest in agriculture, automotive, finance, healthcare, heavy equipment, iCT, mining, and property, ended higher by 1.13% on Thursday (Feb 26) even when the company reported over three percent...

Quiet (mass) layoffs (5)

State bank BRI, second largest in terms of total assets, added around 1,000 employees last year to its total workforce of 82,192 by the end of the year, but Astra International (ASII), the largest employer in the country, dismissed 4,045 employees to 196,021 people by...

A hiccup in pickup truck hullabaloo?

Joao Angelo de Sousa Mota, CEO of Agrinas, who dropped his resignation last year after openly criticizing Danantara, openly defended the policy to import 105,000 pickup trucks from India even after ‘strong man’ Sufmi Dasco Ahmad, deputy chairman of President Prabowo’s...

Halal sovereignty or trade concession?

As public concern grows over the Agreement on Reciprocal Trade (ART) between Indonesia and the United States, senior officials have moved quickly to reassure public that the country’s halal certification regime remains untouched. Coordinating Economic Minister...
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