Economy

Long Legal Battle Ahead

Four defendants in the Jiwasraya corruption case have been given life sentences. Retrieving back the loss, however, remains a big question mark.

Economy

State Projects Budget Drama

The government is scaling up the role of SOEs and public service agencies under the finance ministry. A strategy to brace against Covid-19 pandemic threats against numerous development plans.

Cover Story

Vulnerable to Money Laundering

Leaked US FinCEN reports expose hundreds of suspicious activities performed through several major Indonesian banks. This demonstrates that banks are at a high risk of serving as platforms for cross-border money laundering.

Economy

Confidence in the Second Phase

The OJK is preparing the 2020-2024 Sustainable Finance Roadmap. It is claimed to give answers to criticisms towards the previous road map, which had been accused of being unable to put the brakes on funding towards environmentally-polluting companies.

Economy

New Ambitions for Dieng-Patuha

Geo Dipa is getting ready to continue developing power plants in Dieng and Patuha, after more than two decades of stagnation due to disputes and lack of funding.

Economy

Opportunities for Digital Deliveries

The Covid-19 pandemic expedited the growth of logistic service businesses, demanding a digital transformation for providing this service.

Economy

An Epidemic of Virtual Events

Virtual event-organizer service providers begin to appear. Its potential niche market grows during the Covid-19 pandemic.

Cover Story

A New Business Plan for SOEs

The SOEs ministry will continue to scale back the number of state-owned companies. Many of them have been running inefficiently.

Cover Story

The Curious Case of Lobster Exports

One month after the lobster larva export was reopened, exporters have begun delivering packages to Vietnam. Various issues were brought to light.

Cover Story

Bukopin’s Predicament

Bukopin’s liquidity shortage accompanies the commotion around the plan to inject the bank with more capital. The financial system’s stability may be under threat.

Economy

A New saving for Workers

A people’s housing savings program is ready to launch in the midst of rejections by industrialists. There are concerns regarding authorization to invest the funds.

Cover Story

New Protocols for Tourism

From preparing health protocols to formulating new business models, the hotel and transportation sectors are arming themselves for the ‘new normal era’. If no new Covid-19 cases emerge, Bali’s tourism will be ready to reopen.

Economy

Two Disappearing Acts

The newest regulation regarding sustainable oil palm plantation certification draws a barrage of criticism. Two added considerations—human rights and traceability of raw materials—are deleted.

Cover Story

Aid Problems in the Villages

The process of collecting data and distributing village funds direct cash aid has been a disordered one. Mishaps can potentially trigger conflict.

Economy

Loose Timber Regulation

The trade minister issued a new regulation on forestry industrial products export. Some fear that the absence of requirements showing timber validity will increase illegal logging.

Economy

Shelter Before the Storm

Banks are preparing protocol to deal with the crisis that comes with the Covid-19 pandemic. Potentially non-performing loans further induces the flagging business sectors.