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Economy

Edisi Monday, June 17, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Behind Muhammadiyah's Funds Withdrawal from Bank Syariah Indonesia

Muhammadiyah withdrew trillions of rupiah from Bank Syariah Indonesia. It was the accumulation of various problems, from operational matters to appointment of commissioners.

Economy

Muhammadiyah’s Hundred Trillion Rupiah Businesses

Muhammadiyah’s business networks cover various sectors, from education to financial services. It seeks to create a closed economic ecosystem.

Economy

Decreasing the Dominance of Bank Syariah Indonesia

Muhammadiyah’s fund transfer could trigger an equalization of the scale of business of sharia banks. Bank Syariah Indonesia has been too dominant over the sharia banking industry.

Economy

Causes of PLN’s Power Outage in Sumatra

State electricity company PLN is investigating the reason for power disturbances in Sumatra. The island still awaits the completion of the Aceh-Lampung high-voltage power line.

Edisi Monday, June 10, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Big Scenario Behind New Tapera Program

The government will make the Tapera program mandatory for all workers. A way to shift the budgetary burden to the people.

Economy

Overlapping Housing Programs in Tapera and BPJS Ketenagakerjaan

Workers and entrepreneurs consider that the Tapera policy overlaps with the MLT program. Developers continue to benefit from both programs.

Economy

BP Tapera’s Maneuvers to Manage Participant Contribution Funds

BP Tapera promises a high yield to depositors. Depositing funds in government bonds is considered less progressive.

Edisi Monday, June 3, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Financial Fraud in Indofarma

The BPK detected Rp371.83 billion worth of fund diversion at Indofarma. Money from a number of subsidiaries was siphoned off through problematic transactions.

Economy

Saving Indofarma

The management of Indofarma is designing a plan to rescue the company. Waiting for projects from the government.

Economy

Complicated Import Regulations

The complicated import regulations is causing congestion at ports. The constantly changing rules do not solve the problem.

Edisi Monday, May 27, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Slow Import Permit Issuance Leads to Garlic Price Hikes

The slow issuance of import permits is causing the price of garlic to skyrocket. The government is retaining the RIPH requirements for garlic imports.

Economy

Low Harvest Causing Garlic High Prices

The volume of garlic harvests in a number of production centers is dwindling. The price hike is becoming more difficult to contain.

Edisi Monday, May 20, 2024

Cover Story

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Edisi Monday, May 13, 2024

Amartha Mikro Fintek office in Jakarta. 
TEMPO Doc./Nurdiansah

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Economy

Dark Clouds over Online Credit Business

The fintech lending business is increasingly losing steam. Returns continue to decline while fund owners are opting for other investment portfolios.

Edisi Monday, May 6, 2024

Illustration by Shutterstock

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Economy

OJK’s Stricter Rules to Prevent Banks from Collapsing

The OJK decides on stricter supervision and capital requirements for banks, a shock absorber for the financial system but a stranglehold on small banks.

Economy

Digital Service Innovations, Big Banks’ Way to Dominate Market

The four big banks that dominate the Indonesian banking market are backed by strong capital and major innovations. Small banks will have an even smaller piece of the pie.

Edisi Monday, April 29, 2024

The loading and unloading activity of wheat flour at Sunda Kelapa Port, Jakarta, September 2023.
TEMPO/Tony Hartawan

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Economy

How Restrictive Import Regulation Hits Wheat Flour Industry

Import restrictions make it difficult for flour producers to obtain raw ingredients. Regulatory bans and restrictions threaten many industries.

Economy

Ever-Changing Import Regulations

The government repeatedly changes the regulations for importing goods. Special provisions are made only when public protests occur.

Economy

Import Restrictions and Trade Surplus

The import quantities of several products declined over the last few months. Trade surplus is not always favorable.

Economy

Disappointed Electric Vehicles Producers by the Discriminatory Incentive

South Korean entrepreneurs consider the latest regulation on the electric vehicle incentives unfair. It could be an obstacle to other investments.

Edisi Monday, April 22, 2024

A pedestrian walks past a closed The Body Shop store on Oxford Street, in London, Britain, February 29, 2024.
REUTERS/Hollie Adams

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Economy

The Beauty Industry’s Business Marathon

The local beauty industry is thriving amid the bankruptcy of several global brands. It gains support from social media to contract manufacturers.

Edisi Monday, April 15, 2024

Illustration by TEMPO/Kendra Paramita

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Economy

Regional Bonds, A New Regional Finance Alternative

The OJK and the Finance Ministry will soon issue a regulation on regional bonds. Some see this as a risky way to increase debt.

 

Economy

West Java to be the First to Issue Regional Bonds

The West Java government will issue Rp1 trillion in regional bonds. It will be the first province to issue the new financing model.

Economy

Not All Regions Can Issue Bonds

Finance Ministry’s Director-General of Fiscal Balance, Luky Alfirman, explains regional bonds.

Economy

Simple, Quality Regulation for Regional Bonds

Head of the Department of Regulation and Market Development of the Financial Services Authority (OJK) explains regional bonds.

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