Economy
Edisi Monday, May 12, 2025
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Economy
eFishery’s Fraud, Embezzlement, and Money Laundering
Audit uncovers financial manipulation at eFishery since 2018, allegedly involving illicit fund transfers to employees.
Economy
eFishery Founder, Gibran Huzaifah: I Only Received a Salary
eFishery Founder Gibran Huzaifah admits inflating eFishery’s financial reports but denies taking personal profit.
Economy
Low Confidence in Startup Results in Reduced Capital
Investment in startups plummets amid a crisis of investor trust. Governance guidelines are being introduced to restore confidence.
Edisi Monday, May 5, 2025
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Economy
How QRIS and GPN Shook Global Giants
The United States claims that QRIS and GPN obstruct trade with Indonesia. Major corporations appear to have a hand behind the accusation.
Economy
QRIS Global Expansion
The use of QRIS abroad continues to grow, offering a cheaper and more convenient payment alternative to cash and credit cards.
Economy
The Constraints of Local Content Rules
Changes in import regulations and local content requirements are threatening domestic industries, causing concern among longstanding investors.
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.