Economy
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.
Edisi Monday, February 17, 2025
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Economy
Impact of the USAID Freeze to Indonesia
Several government programs come to a standstill after the United States’ decision to freeze USAID. It is necessary to find alternative donors.
Edisi Monday, February 10, 2025
Edisi Monday, February 3, 2025
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Economy
100 Unconvincing Days
Foreign investor confidence in Prabowo Subianto’s administration remains low in its first 100 days. Spending surged without a corresponding increase in revenue.
Economy
Businesspeople in the President’s Inner Circle
Several business figures are part of Prabowo Subianto’s inner circle, resembling the Benteng Program, which once granted privileges to indigenous entrepreneurs.
Economy
Reversing Course: Prabowo First 100 Days in Economic Policy
The gap between Prabowo’s ambition and reality leads to policy inconsistencies.
Edisi Monday, January 27, 2025
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Economy
The Resurgence of Foot-and-Mouth Disease
Foot-and-mouth disease is making a comeback. The risk of transmission is high, partly due to suspected violations of meat import regulations.
Economy
Reconciliation in Kadin
The conflict within Kadin between Arsjad Rasjid and Anindya Bakrie finally ended. Ministers and politicians stepped in as mediators.
Edisi Monday, January 20, 2025
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Economy
The Dream of High Economic Growth
The government leans on the food, social, and downstream sectors to achieve its target of 8 percent annual economic growth. Many external factors hinder progress. Some policies are counterproductive.
Economy
The Three Million Houses Program
The property industry is thriving, driven by the three-million-homes program. However, challenges remain in disbursing incentives and funding.
Economy
Self-Sufficiency Shortcuts
The government raises the purchase price of unhusked rice and halts imports of four food commodities in the hope of achieving self-sufficiency.
Economy
The Advantages and Disadvantages of Energy Plantation Forests
Energy plantations present a new opportunity amid a sluggish demand for forest products. However, this carries the risk of further expanding deforestation.
Economy
Food to Replace the Saturated Mineral Industry
President Prabowo Subianto launched the downstreaming of 28 commodities. The downstreaming of food is replacing the saturated mineral sector.