Economy
Edisi Monday, 30 January 2023
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Economy
Rice Mafia at the Tip of the Finger
Bulog alleges that the rice mafia is conducting price fixing, with major sellers determining prices amid short supply.
Economy
Saving Rice from Neighboring Countries
Imported rice must arrive no later than mid-February. Weather conditions affect unloading. Bulog applies a new tactic.
Economy
There Were Threats from the Mafia
Bulog CEO Budi Waseso reveals that there were threats from the rice mafia. Because of them, market operations have not been effective in curbing the price of rice.
Edisi Monday, 23 January 2023
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Economy
Subsidies Now, Sell Later
The government is divided on the electric vehicles subsidy program soon to be launched.
Economy
New Vehicles from New Players
Automakers are competing fiercely in the electric vehicle market. The industry is seeing an increasing influx of new players.
Economy
The Big Business of Battery Charging
Providers of Public Electric Vehicle Charging Stations are mushrooming, awaiting regulations about bulk power prices.
Edisi Monday, 16 January 2023
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Economy
New Stations, Old Players
New television stations spring up following the migration to digital broadcasting. Old players of the industry are more aggressive in expanding.
Economy
Single Platform for SOEs Pension Funds
The process of integrating state-owned enterprises pension funds has been slow. Most of them are problematic and underfunded.
Edisi Monday, 9 January 2023
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Economy
Suspended by Slow Smelter
The government will prohibit bauxite export starting June 11. Export bans will also be imposed on other raw minerals including tin and copper.
Economy
State Mining Company’s Dual Route
The government separates Mind Id and Inalum to push downstream aluminum projects. Inalum will develop a giant smelter and expand aluminum factories.
Edisi Monday, 2 January 2023
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Economy
A Sleeper Hit
Interest in traveling by sleeper bus continues to grow. Operators are competing to offer luxury and innovative services. The coachbuilding industry is also reaping the benefits.
Economy
A Century of Existence
The sleeper bus has a long history. They are popular for long-distance travel, but some countries ban them for being the cause of accidents.
Economy
Rare Bus Chassis
Automotive manufacturers are finding it difficult to fulfill chassis orders for sleeper bus operators. Vehicle chassis ran short when luxury buses began to become popular.
Economy
Have Community, Will Travel
Loyal passenger clubs play a major role in the education and marketing of bus transportation, including for the sleeper bus. This boosts the ecosystem in tourism and transportation.
Edisi Monday, 26 December 2022
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Economy
Finance Omnibus Law’s Fast Lane
The PPSK Law was passed with relatively fast deliberations. This financial omnibus law unifies 17 laws, changing the gameplay of many financial services institutions and businesses.
Economy
New Supervisor for Modern Assets
The PPSK Law delegates a number of new powers to the Financial Services Authority. From supervising crypto assets, venture capital, to gold banks.
Edisi Monday, 19 December 2022
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Economy
Raw Sugar Scarcity
Refined sugar has become scarce again ahead of the year-end because the government was slow to issue import permits. The stock of raw materials for the food and beverage industry is running low.
Edisi Monday, 12 December 2022
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Economy
The Hunt for Abandoned Satellite Project
A new contractor is eyeing the 123 degrees east longitude orbit satellite project, chasing the remaining two years of orbit expiration deadline.
Economy
Abandoned Orbital Path
The government has not appointed a new contractor to operate satellites to fill the 123-degree east longitude orbital slot. There is hesitancy following the launch of a new generation of satellites.
Edisi Monday, 5 December 2022
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Economy
Rice Supply Mark-Up
Bulog and the agriculture ministry have differing claims on rice data. Bulog claims there is a shortage of stock, while the agriculture ministry says rice supply is safe. Entrepreneurs are asked to meet targets they cannot afford.
Economy
When the Giants Fight for Rice
Large companies are expanding more aggressively into the rice business. It is a blessing for farmers, but a disaster for small-scale millers.
Edisi Monday, 28 November 2022
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Economy
Drained Cash and Job Cuts
Waves of layoffs continue to hit the digital industry. Tech companies in various countries fire thousands of employees. The demand to be more efficient combined with low funding will trigger a mass layoff in digital startups.
Economy
Minimum Wage Tough Talks
Discussions to decide the provincial minimum wage for 2023 get hot. Workers are lobbying the president to issue a discretion, while employers are suing manpower minister regulation.