Rally continues, but foreign investors return to net sell

Jul 6, 2026 | Market

Composite index of IDX (IHSG/JCI) advanced 0.69% to 5,816 on Monday (Jul 6), but foreign investors returned to net sell position in a thin trading day. Big caps like BRI, BCA, BREN, and DCII led the rally, but correction in stocks like Telkom, Amman Mineral, Bayan...

Danantara handles electricity export 

Jul 6, 2026 | Market

President Prabowo Subianto has tasked Danantara to handle export of electricity to Singapore in partnership with Keppel Electric, SembCorp Industries, and Singapore Energy Interconnections as offtakers. Specific instructions are not available, including relationship...

Oil and Gas Journal

Jul 6, 2026 | Commodities

National media reported that state gas distribution and transmission company PT Perusahaan Gas Negara Tbk (PGAS) plans to start developing coal-bed methane (CBM) project in Tanjung Enim, South Sumatra province with estimated potential of 9.7 trillion cubic feet (TCF)....

Public discourse arround Nadiem Makarim’s case

Jul 6, 2026 | Law

Nadiem Makarim, the former Minister of Education, Culture, Research, and Technology, was found guilty in a corruption case related to the procurement of Chromebook laptops during his tenure. As soon as the verdict was announced, social media erupted with various...

Coretax: Tax System That Keeps Going Offline

Jul 6, 2026 | Market

Every taxpayer in Indonesia knows the rules. File late, and there may be penalties. Submit inaccurate information, and there can be sanctions. The Directorate General of Taxes (DJP) expects punctuality, accuracy and full compliance from millions of taxpayers every...

The Politics of Defining National Threats

Jul 6, 2026 | Law, Politics

Through Presidential Regulation (Perpres) No. 111/2025 on the General Defense Policy 2025–2029, President Prabowo Subianto’s administration classifies the “spread of LGBTQ culture” as a non-military threat alongside terrorism, separatism, radicalism,...

The corruption case of Langkat Regent

Jul 6, 2026 | Law

The arrest of Langkat Regent Syah Afandin marks an unsettling milestone. He is the tenth regional leader implicated in corruption cases in just the first half of 2026. Instead of being an exception, corruption among elected local officials is beginning to look like a...

Coal dynamics to watch

Jul 6, 2026 | Commodities

Indonesia generated US$13.18 billion of export revenues from coal in the first five months of 2026, inched up 0.23% only from the corresponding period last year despite substantial hike of price in international market. Pretty much as predicted, lower volume related...

Week ahead

Jul 6, 2026 | Market

Composite index of IDX (IHSG/JCI) ended higher by 2.28% last Friday on thin trading. Foreign investors returned to net buy, whilst very small (US$0.34 million). As external pressures eased off, investors will pay more attention to domestic issues. Brent crude oil...

Layoffs in 2026 (6)

Jul 3, 2026 | Market

The latest reports of layoffs at Tokopedia, following TikTok’s confirmation of an organizational restructuring, should not be viewed merely as another round of workforce reductions in the technology sector. TikTok has not confirmed the widely circulated claim...