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Land clearing for sugarcane plantation in Tanah Miring district, South Papua, September 4, 2024. TEMPO/George William Piri

The Risk of Failing of the Food Estate

The food estate project in Merauke has the potential to repeat the failures of MIFEE in the past. Developing large-scale agriculture is challenging.

Cover Story Edisi : Monday, September 23, 2024

A woman accesses the Peruri website to check the requirements for e-Meterai or Electronic Stamp transactions in Jakarta.
TEMPO/Fardi Bestari

Digital Certificates’ Alluring Profits

The business of digital signatures and e-stamps is booming, as regulations push digital certificate providers to rake in profits.

Economy Edisi : Monday, September 16, 2024

President Commissioner of Vale Indonesia Deshnee Naidoo (third left), CEO of MIND ID Hendi Prio Santoso (third right) and Executive Officer of Sumitomo Metal Mining Yusuke Niwa (second right) sign the document on Vale Indonesia divestment share takeover, witnessed by Coordinating Minister for Maritime Affairs and Fisheries Luhut Binsar Pandjaitan (right), State-Owned Enterprises (SOEs) Minister Erick Thohir (second left), and SOEs Deputy Minister Kartika Wirjoatmodjo (left) in Jakarta, February 26.
ANTARA/Indrianto Eko Suwarso

Sealing the Deal on Vale Indonesia's Divestment

MIND ID acquired 14 percent of Vale Indonesia’s shares, becoming the majority shareholder without complete control.

Economy Edisi : Monday, March 4, 2024

A worker loads palm oil fresh fruit bunches onto a truck in Tarailu, Mamuju, West Sulawesi, in May.
ANTARA PHOTO/Akbar Tado

Oil Palm Paradise’s Empty Coffers

Oil palm-producing areas are demanding a fairer share of profits. The oil palm industry’s contributions are considered disproportionate to its negative impacts.

Economy Edisi : Monday, November 29, 2021

Yon Arsal, Expert Staff to the Finance Minister for Tax Compliance.
kemenkeu.go.id

Many Plantations are Not Registered as Such

The oil palm industry continues to grow, but taxes paid the sector have been stagnant, and have even tended to decline. A member of Finance Minister’s Expert Staff in the Tax Compliance Division spoke about this problem.

Cover Story Edisi : Monday, October 18, 2021

Vice President Director of PT Archi Indonesia Tbk., Rudy Suhendra.
Archi Indonesia Doc.

Targeting Two-Sided Growth

Vice CEO of Archi Indonesia Rudy Suhendra explains why the gold business is still attractive amid the decline in commodity prices.

Economy Edisi : Monday, July 26, 2021

Lamon Rutten, CEO of the Indonesian Commodity & Derivatives Exchange (ICDX).
ICDX Doc.

Commodity Exchange Utilization Is Not Yet Optimal

The number of gold, oil, and foreign exchange investors at the Indonesian Commodities and Derivatives Exchange jumped 1,520 percent in 2020 compared to the same period in 2019. An interview with ICDX CEO Lamon Rutten.

Economy Edisi : Monday, July 19, 2021

Excavators pile coal at a storage area in the Suralaya Power Plant in Banten, January 2010.
Reuters/Dadang Tri/File Photo

The End of Coal-Fired Steam Power Plant's Story

PLN will not develop coal-fired steam power plants after the completion of the 35-gigawatt project and Fast Track Program 7 project in 2026. Electricity needs will then be met from new and renewable energy.