Fajar Paper in H1/26: Improved, but cut 9.5% workforce

Jul 21, 2026 | Market

PT Fajar Surya Wisesa Tbk (FASF), a paper manufacturer controlled by Thailand’s Siam Cement Group, booked net profit of Rp87.7 billion in the first half of 2026 against net loss of Rp491.7 billion in the corresponding period last year. Fajar Paper, which processed...

MBG: Three weeks of evaluation, same old problems

Jul 21, 2026 | Market

Just a week after the MBG program resumed following a three-week suspension for evaluation, familiar problems have already begun to reappear. Dozens of students were reported to have suffered food poisoning, while the SPPG responsible for distributing the meals later...

Counting entrepreneurs or creating them?

Jul 21, 2026 | Market

Government’s plan to classify ride-hailing drivers as micro-entrepreneurs through a new presidential regulation may appear to be a progressive recognition of the digital economy. By placing millions of drivers under the umbrella of micro, small and medium enterprises...

Putting a price on leaving

Jul 21, 2026 | Law, Politics

The Indonesian government has decided that giving up citizenship should cost five times more than before. Under Government Regulation No. 30/2026, the fee for voluntarily renouncing Indonesian citizenship rises from Rp1 million to Rp5 million, while several other...

Mining concessions should never be political currency

Jul 21, 2026 | Commodities, Law, Politics

The Constitutional Court’s decision on mining concessions for religious organizations is about far more than mining. It is a constitutional warning against turning Indonesia’s natural resources into instruments of political patronage. Public assets should...

Those continue to expand: Nanshan Group

Jul 21, 2026 | Market

Yicai Global reported last week that Chinese integrated logistic firm Hengtong Logistics plans to invest up to US$295 million to develop a smart logistic industrial park in the Karakang Batam Economic Special Zone on Bintan Island. In the first phase, Chengtong...

Fore Coffee in H1/26: More outlets, smaller margins

Jul 21, 2026 | Market

Shares of Fore Coffee (FORE) ended higher by 1.6% to Rp620 on Monday (Jul 20) as some investors responded positively the company’s financial report for the first half of 2026, where its net profit jumped by 34.5% to Rp56.5 billion. At the last quoted price, FORE was...

PTPP in H1/26: Weaker operations, mysterious miscellaneous

Jul 21, 2026 | Market

State EPC firm PT Pembangunan Perumahan Tbk (PTPP) booked net profit of Rp193.5 billion in the first half of 2026, surged nearly 200% from the corresponding period last year, but the company’s operations actually weakened. PTPP’s sales revenues declined by 11.2% to...

Charged Tech vs Blitz Electric

Jul 20, 2026 | Law, Market

PT Charged Tech Indonesia has just filed a lawsuit against PT Blitz Electric Mobility for default to the South Jakarta District Court last week. This is a battle between two startups in the electric vehicle ecosystem/mobility.  PT Charged Tech Indonesia (charged.id)...

KPPD program for regional heads

Jul 20, 2026 | Politics

The government’s budget efficiency campaign has once again drawn scrutiny after 25 regional heads were sent to Singapore. The week-long visit was part of the Regional Leadership Strengthening Course (KPPD), a program jointly organized by the National Resilience...