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Economy

Edisi Monday, December 2, 2024

Indonesia Fintech Summit & Expo (IFSE) 2023 exhibition in Jakarta, Thursday, November 23, 2023. TEMPO/Tony Hartawan

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Economy

KoinWork Subsidiary’s Borrower Trap

A subsidiary of the peer-to-peer lending platform KoinWorks falls victim to an alleged fraud, resulting in a loss of Rp365 billion. Lenders are now threatening legal action.

Edisi Monday, November 25, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Minister Amran’s Intervention in the Food Sector

Minister Amran Sulaiman recommends changes to regulations on food sector institutions, citing self-sufficiency as the primary reason.

Economy

Taking Over Agriculture SOEs

Agriculture Minister Amran Sulaiman aims to take control of state-owned enterprises in the agriculture and food sectors in an attempt to orchestrate food self-sufficiency.

Economy

Taking Control of Bulog for the Sake of Self-Sufficiency

Prabowo Subianto intends to place Bulog under the president’s control, changing its autonomous status and eliminating its commercial functions.

Edisi Monday, November 18, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

MSME Debts Write-Offs

The government’s policy of allowing MSME loans write-offs under certain conditions is deemed prone to moral hazard and misuse.

Economy

Lack of Information and Misaligned Distribution of People’s Credit

The disbursement of People’s Business Credit faces numerous challenges. Farmers and small business owners are vulnerable to loan sharks and middlemen.

Edisi Monday, November 11, 2024

Cover Story

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Edisi Monday, November 4, 2024

Illustration. TEMPO/Alvin Siregar

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Economy

Prabowo’s Mission to Save Sritex

Prabowo Subianto orders four ministers to rescue the bankrupt textile company Sritex. A potential bailout from the state is on the table.

Economy

The Fall of Textile Factories

After Sritex, other major textile companies are also collapsing. Incentives and support are needed to curb imported goods.

Economy

Industry Minister Agus Gumiwang Kartasasmita: No Bailout Discussion

Interviews with Industry Minister Agus Gumiwang Kartasasmita and Sritex President Commissioner Iwan Setiawan Lukminto on the company’s bailout.

Edisi Monday, October 28, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Concerns over Mandatory Halal Certification

Entrepreneurs are pressured by the mandatory halal certification regulations. The costs associated with obtaining halal labels are considered expensive, and the procedures are complicated.

Economy

Lack of Auditors for Halal Certification

Halal certification is slow due to inadequate supporting infrastructure. It has the potential to trigger a high-cost economy.

Economy

The High Cost of Halal Label

Entrepreneurs complain about the costly and complicated halal certification process. They must pay monthly fees for supervision.

Economy

Helicopter Service Business Expanding in Indonesia

Driven by corporate demand, helicopter business opportunities continue to grow. Operators are increasingly expanding their fleets.

Edisi Monday, October 21, 2024

PT Barito Renewables Energy (BREN) shares were officially listed on the Indonesia Stock Exchange on October 9, 2023. baritorenewables.co.id

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Economy

Barito Renewables Energy’s IPO Violation

The Stock Exchange detects alleged violations in the IPO of Barito Renewables Energy. There are indications of maneuvering around public shareholding requirements.

Edisi Monday, October 14, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

Sinarmas in Taspen Investment Losses

The KPK is investigating Taspen’s investment losses. Sinarmas is behind the transaction.

Edisi Monday, October 7, 2024

Illustration by TEMPO/Alvin Siregar

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Economy

VIVA’s Maneuvers on the Brink of Bankruptcy

VIVA Group is facing a restructuring process under a debt payment suspension scheme and is threatened with bankruptcy. There are maneuvers to lobby creditors and reduce debt.

Economy

Rocky Roads for Media Companies

Media companies are experiencing upheaval due to the rapid changes in the business landscape. The industry is moving towards a new equilibrium.

Economy

Palm Oil Protest at the Heart of European Trade

Indonesia and other countries continue to oppose the European Union’s Deforestation Regulation. The European Commission proposes a delay.

Edisi Monday, September 30, 2024

Cover Story

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