Economy
Edisi Monday, July 22, 2024
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Economy
Cosmetic Preservatives in Long-Lasting Bread
Two bread brands are suspected of using a type of preservative that is not allowed in food. It is believed as a way to attack small and medium-scale bread producers.
Economy
Home-Baked Bread Business Competes with Manufactured Breads
The presence of Okko and Aoka disturbs home-industry breads produced by micro, small and medium businesses.
Economy
BPOM’s Response on Bread with Preservative for Cosmetics
The BPOM does not approve the use of sodium dehydroacetate as a food ingredient. Emma Setyawati, acting Deputy for the Supervision of Processed Foods at BPOM explains.
Economy
Aoka and Okko Breads Producers' Explanation on Harmful Preservatives
Producers of Okko and Aoka breads suspect elements of business competition.
Edisi Monday, July 15, 2024
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Economy
Indonesia’s Textile Industry Hit by a Flood of Imported Textiles
Mass layoffs hit the textile industry. The latest import regulation triggered a flood of textile imports, causing the local industry to collapse.
Economy
Wary of Collecting Protection Tariffs
Several ministries are waiting for each other over the implementation of trade protection import duties. There is fear of retaliation from competing countries.
Economy
Curbing the Influx of Cheap Goods
Imported clothing products tend to be cheaper than local products. Certain policies make manufacturers in other countries more competitive.
Edisi Monday, July 8, 2024
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Economy
Efforts to Revise the State Finance Law for Prabowo-Gibran Flagship Programs
Prabowo Subianto’s team is investigating the possibility of revising the State Finance Law and removing the debt ratio and budget deficit cap for the free nutritious meal program.
Economy
Risks of Removing Budget Deficit Cap
The government’s plan to remove the deficit cap on the State Budget could reduce investor confidence in the financial markets, sending the debt burden soaring.
Economy
Free Lunch’s Budget Synchronization
The government earmarked Rp71 trillion for the free nutritious meal program. It is the result of Joko Widodo’s agreement with Prabowo Subianto.
Economy
How the IKN and Free Meal Programs Drain the State Budget
The biggest budget absorbers in 2025 will be the development of the new capital city and the free nutritious meal program. A great number of civil servants will soon relocate.
Edisi Monday, July 1, 2024
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Economy
Aircraft Components Import Bans and Restrictions Hold Airlines Hostage
Airlines are suffocating from the high costs of maintenance and operations. The consequence of regulatory bans and restrictions on aircraft components.
Economy
Opportunities for the Aviation Industry amidst High Maintenance and Operational Costs
Aviation industry players are strategizing under pressure. Hoping for an upswing to focus on services.
Economy
Big Losses of Kimia Farma’s Joint Venture Plant
The government discharged the CEO of Kimia Farma following the company’s big losses. It was the aftermath of inefficient joint venture manufacturing operation.
Edisi Monday, June 24, 2024
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Economy
Behind Tokopedia's Mass Layoffs
Tokopedia made significant cuts in its workforce following its business consolidation with TikTok. A consequence of inefficient business operation.
Economy
Power Shifts in GoTo and Tokopedia
The founders of GoTo and Tokopedia sold their shares. New investors now have control of ownership.
Economy
Indonesia’s E-Commerce Business Competition
The merger between Tokopedia and TikTok Shop shifts the e-commerce business competition. The new entity is competing with Shopee.
Economy
Industries Impacted by the Rising Dollar Exchange Rate
The rising exchange rate of the US dollar is causing business problems. Hedging efforts are of little help when the rupiah is very weak.
Edisi Monday, June 17, 2024
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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
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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
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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
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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
