Economy
Edisi Monday, April 28, 2025
Edisi Monday, April 21, 2025
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Economy
Vanishing Quotas, Emerging Newcomers
The plan to scrap import quotas remains in limbo. New players are gearing up to enter the commodity import business.
Economy
Fortune Favors the Quota Holders
Meat and garlic import quotas are controlled by a handful of actors. Only certain parties benefit from government assignments.
Economy
Lobbying for More Imports
The Indonesian government will add imports from the USA, seeking tariff discounts.
Edisi Monday, April 14, 2025
Edisi Monday, April 7, 2025
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Economy
The Multiple Burdens of State-owned Banks
The new board of directors at state-owned banks faces a challenging situation. They are squeezed by economic conditions and the weight of assignments tied to the President's projects.
Economy
State-owned Banks Lose Profits Over Debt Write-Offs
Profit growth at state-owned banks is slowing down. It is hampered by the small-business loan write-off program.
Edisi Friday, March 28, 2025
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Economy
Economy Ecosystem in Pesantrens
A number of Islamic boarding schools are processing waste into maggots and building materials, weaving a circular economy ecosystem among boarding schools.
Economy
No Water Goes to Waste
Several Islamic boarding schools process bathroom and kitchen waste, producing economically valuable products.
Edisi Monday, March 24, 2025
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Economy
Agrinas Palma in Disputed Oil Palm Plantations
Agrinas Palma is entrusted with thousands of hectares of oil palm plantations entangled in legal disputes. The company is run by military personnel.
Economy
Agrinas Palma’s New Business
Indra Karya has been making profits over the past few years. Its construction consulting business remains relatively lucrative albeit with a modest growth margin.
Economy
Raising Capital for New State Company Businesses
Two state-owned enterprises are set to enter the rice and fisheries business, with government capital injections on the horizon.
Edisi Monday, March 17, 2025
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Economy
Projects at Risk Due to Lack of Financing
State-owned construction firms face a financial crisis. Budget cuts result in lost contracts and delayed payments.
Economy
IKN Contractors in Debt
The IKN development burdens several state-owned construction firms. New contracts bring both hope and risk.
Economy
Wijaya Karya’s Debt Burden After Whoosh
Wijaya Karya struggles to manage its finances amid a tough climate. The company is burdened by lingering project costs, including the Whoosh high-speed rail.
Edisi Monday, March 10, 2025
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Economy
The Risks of Bullion Banking
State-owned pawnbroker Pegadaian and BSI are Indonesia’s first bullion bank providers. The plan is to use people’s gold deposits as an alternative funding source for government projects.
Economy
Bullion Bank’s Impacts on Downstream Gold Sector
The presence of the bullion bank is expected to boost domestic gold downstreaming. It is a measure to prevent gold from flowing abroad.
Edisi Monday, March 3, 2025
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Economy
Military Officers Poised to Command SOEs
Hundreds of TNI officers undergo management and business training, preparing for leadership roles in state-owned and regional enterprises.
Economy
On the Pretext of Safeguarding State Secrets
Military officers and retirees enter state-owned enterprises as ex officio officials, raising concerns over accountability. Assessing their performance in corporate leadership would be a challenge.
Economy
The Return of Military Officers to SOEs
The placement of military officers in state-owned enterprises during the Old Order and New Order eras was rife with issues and misconduct. It was a different model of leadership.
Edisi Monday, February 24, 2025
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Economy
Sritex under Police Protection
Curators struggle to execute Sritex bankruptcy ruling amid alleged government and police intervention.
Economy
The Scenario to Save Sritex
The government reportedly prepares a state-owned enterprise to rescue Sritex. The option of investment under Danantara emerges.
Economy
Deputy Manpower Minister Immanuel Ebenezer: No Layoffs at Sritex
Immanuel Ebenezer confirmed reports of law enforcement involvement, including the police and state intelligence, in the government’s efforts to save Sritex.
Economy
The Anxiety over Import Quota Reallocation
Business owners demand the government fulfill its promise to restore beef import quota, which remains stuck between two ministries.