Redaktur ekonomi Majalah Tempo. Meliput isu ekonomi dan bisnis sejak 2013. Mengikuti program “Money Trail Training” yang diselenggarakan Finance Uncovered, Free Press Unlimited, Journalismfund.eu di Jakarta pada 2019. Alumni Universitas Negeri Yogyakarta.
Konten
The Season for Larvae Hunters
The export wave for lobster larvae has begun. Some exporting companies are affiliated with political party officials and former smugglers.
Cover Story Edisi : Monday, 6 July 2020
Relying on the Stock Exchange
The reorganization of Pertamina is being accompanied by a plan to make IPOs. There are other intentions at play aside from the transparency and accountability of state-owned companies.
Economy Edisi : Monday, 29 June 2020
Bosowa-Kalla’s Last chance
Bosowa Corporation is attempting to maintain control over Bank Bukopin, which is one step away from being handed over to Kookmin Bank. Due to Bank Bukopin’s worsening liquidity, it has become increasingly urgent to inject more capital into the bank. Bukopin’s chronic illness came to the surface due to loan issues with companies affiliated with the Kalla group and Bosowa.
Cover Story Edisi : Tuesday, 23 June 2020
WE DO NOT SUBSIDIZE PALM OIL COMPANIES
CEO of Indonesian Oil Palm Plantation Fund Management Agency, Eddy Abdurrahman
Economy Edisi : Tuesday, 16 June 2020
From Companies for Corporations
The distribution of plantation funds for rejuvenating individually-owned oil palm trees has been chaotic. It pales in comparison to the amount of money given to the biodiesel program.
Economy Edisi : Tuesday, 16 June 2020
Cheap Loans for Survival
The governmentis providing bailout amounting to Rp19.65 trillion to SOEs impacted by Covid-19. Some are considered futile.
Economy Edisi : Tuesday, 9 June 2020
The Digital Sector’s Triumph
The digital approach is believed to be the key to doing business in the ‘new normal’ era. The banking sector may be most prepared.
Cover Story Edisi : Tuesday, 2 June 2020
debt restructuring
Private and state-owned companies are in a race to restructure their debts due to the waning economy. The government anticipates limited liquidity in financial institutions.
Economy Edisi : Tuesday, 19 May 2020
Poor Aid Database and distribution
The central and regional governments have begun distributing social aid for those impacted by the Covid-19 pandemic. But the disordered database of recipients has resulted in improper aid distribution. Losses may be suffered by the state.
Cover Story Edisi : Tuesday, 5 May 2020
Lots of Oil, No Tanks
In order to take advantage of sagging prices, Pertamina plans to buy oil in bulk. The problem is where to store it.
Economy Edisi : Tuesday, 28 April 2020
Short-cutting Budgeting Procedures
The act of using presidential regulations to make drastic changes to the state budget is seen as a violation to the constitution.
Economy Edisi : Tuesday, 21 April 2020
Home-Shopping and Employees Put on Leave
Numerous modern retail workers have been laid off. Department stores are hit worst.
Cover Story Edisi : Tuesday, 14 April 2020
Budgeting in the Time of Coronavirus
The discussion on the provision plan to bring in Covid-19 rapid test kit protracted. Many distributors offer various imported brands.
Cover Story Edisi : Tuesday, 7 April 2020
Piles of Waste Problems
The KPK recommended that the government revise its waste power generating projects. They are considered as merely profiting investors and burdening the state budget.
Economy Edisi : Tuesday, 31 March 2020
A Soft Yet Lethal Blow
Economists calculated that the corona pandemic will culminate in a global economic crisis. The government and the central bank are preparing rescue strategies.
Economy Edisi : Tuesday, 24 March 2020
Bakrie Under the Loop, Auditors Split
The BPK discovered suspicious investments from Asuransi Jiwasraya in shares of the Bakrie Group. However, this may not be included in the conclusion of the investigation.
Economy Edisi : Tuesday, 10 March 2020
Palapa Ring’s broken Promises
The promise of fast and cheap Internet access in outer regions through the Palapa Ring has yet to materialize. The stumbling block is connecting the Internet to the optic fibre cable network.
Economy Edisi : Tuesday, 3 March 2020
Double trouble
The formulation of a regulation that will legitimate the hand-over of pension insurance management to BP Jamsostek is stuck at the administrative and bureaucratic reform ministry. The debate heats up at the Constitutional Court’s hearing.
Economy Edisi : Monday, 24 February 2020
Another Insurance Scandal
After Jiwasraya and Asabri, it is now Taspen’s turn to fall under scrutiny for its investments management. A subsidiary once had troubles with bad bonds transaction.
Economy Edisi : Tuesday, 18 February 2020
Tardy Import Permit
Industrial and consumer sugar prices soared following scarce supply. The cause is believed to be delays in import permits from the trade ministry.
Economy Edisi : Tuesday, 18 February 2020
Broadcasters Awaiting Migration
Discussion over revision of the broadcast law is restarted from the beginning. The old scheme of migrating television from analog to digital is still hanging in the balance.
Economy Edisi : Tuesday, 11 February 2020
Asabri’s Hollow Investments
Asabri’s investment management is believed to be problematic. These issues have already been detected for a while, involving the same actors as those in the Jiwasraya case.
Economy Edisi : Wednesday, 15 January 2020
Clawing Over Crustacean Cash
Minister Edhy Prabowo plans to change regulations on lobster passed during the time of his predecessor, Susi Pudjiastuti. Some business owners are lobbying him.
Economy Edisi : Tuesday, 7 January 2020
Why Fewer International Tourists?
Indonesia failed toreach its target for international tourist arrivals. Expensive domestic flights contributed to this.
Economy Edisi : Monday, 30 December 2019
high Price for State Electricity
The energy ministry seeks ways to increase portion of renewable energy electricity mix by changing the purchase price. Businesses love it, but not PLN.
Economy Edisi : Monday, 23 December 2019
Erick’s Power Plans
Erick Thohir’s planned restructuring of state electricity company PLN has been relatively drama-free. The minister also plans to transform the SOE’s business model, which he believes is too focused on power plant projects. Private power producers launch old complaints.
Cover Story Edisi : Tuesday, 17 December 2019
Revision Complications
Discussion on the revision to Coal and Mineral Mining Law is back on track. It still contains a planned elimination of a provision regulating coal mining company work area reduction.
Economy Edisi : Monday, 9 December 2019
Medan Merdeka’s Dual Agenda
Erick Thohir removed all echelon I officials in the SOEs ministry. The ministry’s organizational structure is streamlined to create a bureaucracy with a so-called corporate feel. But the restructuring was also triggered by another mission that was kept secret from the public for a while, namely the mission to eliminate positions trading at state-owned companies. The palace has known about this suspicion for some time.
Cover Story Edisi : Tuesday, 26 November 2019
Troubles in Jababeka
Jababeka’s management feud has gone on to the courts. Among irregularities are mutual fund investments that allegedly violated regulations.
Economy Edisi : Monday, 11 November 2019
From Swiss to Taiwan
Global suppliers of electric car batteries start flocking in. Eco-friendly vehicle charging stations are expected to pop-up in Indonesia.
Economy Edisi : Monday, 4 November 2019
Three’s Company and Cars of the Future
After completing Vale’s divestment, Inalum joins hand with Pertamina to venture into the car battery industry, collaborating with Toyota Indonesia.
Economy Edisi : Tuesday, 29 October 2019
Farewell Pepsi
Indofood will no longer produces and markets Pepsi in Indonesia, but the beverage industry is optimistic that Pepsi will soon return.
Economy Edisi : Tuesday, 15 October 2019
Senayan’s Seat in Pejompongan
Political parties’ members dominate BPK’s new members. A number of parties reshuffled their members in the Financial Commission to pave ways for their candidates.
National Edisi : Tuesday, 1 October 2019
Miners’ Winding Road
The acceleration of nickel export ban is met with strong rejection. Miners complain to parliament and the State Intelligence Agency.
Economy Edisi : Tuesday, 17 September 2019
On soeS’s Chopping Board
Suprajarto’s shift from BRI CEO to BTN’s sparked controversy after he refused his appointment. This opens up competition among state-owned banks.
Economy Edisi : Tuesday, 10 September 2019
Speculators’ Chances in The Land of Hope
Land hunters flock to Kalimantan despite not knowing the exact coordinates for the new capital city. The area is surrounded by concessions of industrial forests and mines.
Economy Edisi : Monday, 2 September 2019
Waste in Containers
Recycling businesses using imported plastic are threatened with closure as their raw material is held up. The majority of recycled products are aimed for the export market.
Economy Edisi : Tuesday, 27 August 2019
The Perils of Deferred Maintenance
Power plant maintenance was postponed due to elections. Maintenance budget was cut.
Cover Story Edisi : Tuesday, 13 August 2019
Hot Ball in the Finance Commission
Twenty eight candidates did not make it pass the first round. DPR leaders call for a re-selection.
Economy Edisi : Tuesday, 6 August 2019
The Social Security Pandora Box
The anti-graft commission recommends that social security for non-permanent employees should still be managed by the Workers Social Security Agency. The push and pull is now entering a new chapter.
Economy Edisi : Tuesday, 30 July 2019
The Coveted SOEs Minister’s Seat
The race for the post of SOEs minister is heating. The post requires someone who has the President’s trust.
Cover Story Edisi : Monday, 22 July 2019
Tempe Boss from Down under
BUSINESS people’s success stories have often started with unexpected occurrences. One of them is Erla Tiara, 43, a tempe (soybean cake) businesswoman in the state of Western Australia of Jakarta origin.
Horizons Edisi : Tuesday, 16 July 2019
Fighting for the Workers’ Insurance Premiums
The transfer of insurance and pension program from Taspen and Asabri to the BPJS Ketenagakerjaan remains in limbo. The KPK had to intervene.
Economy Edisi : Tuesday, 16 July 2019
An Alternative for Parliament
Rusdi Kirana withdrew himself as a candidate for Supreme Audit Board member after questions about his status. Many who failed to get into parliament are signing up for the vacancy.
Economy Edisi : Tuesday, 9 July 2019
The Compelling KPK Letter
Energy and Natural Resources Minister Ignasius Jonan revoked Tanito Harum’s mining license after the Corruption Eradication Commission got involved and found some irregularities.
Economy Edisi : Tuesday, 2 July 2019
Old Business, New Targets
The Bakrie Group now engages in the electric bus industry, eyeing mass transportation projects.
Economy Edisi : Tuesday, 18 June 2019
Old Owners’ Odd Shares
An old shares dispute at BFI Finance resurfaced. An Italian financing company has to delay its investments, suspecting that the Ongko family still meddles with the affair.
Economy Edisi : Tuesday, 11 June 2019
Pawning Through Phone
State-owned pawnshop Pegadaian wants to ride the wave of financial technology disruption by collaborating with existing services.
Economy Edisi : Tuesday, 4 June 2019
Taking Notes from North Lombok
Regions are sprucing up; aiming to become halal tourism destinations that cater to travelers from Malaysia and Middle Eastern nations.
Economy Edisi : Thursday, 23 May 2019
Pressure from Passengers
The government has lowered the ceiling for air ticket prices. Air Asia is asked to balance out Garuda’s and Lion Air’s domination.
Economy Edisi : Tuesday, 21 May 2019
Making Profits In just Three Months
Garuda Indonesia is believed to be inappropriately recording its revenue. Two commissioners refused to sign the state-owned airline’s financial report. Their objection letters have sparked a debate.
Cover Story Edisi : Monday, 6 May 2019
The Bus’ Revival
The surging price of airfares is a blessing for autobus companies, prompting them to promote the premium class fleet.
Economy Edisi : Monday, 29 April 2019
Mandiri Aims for the Top
The purchase of Bank Permata shares has entered due diligence process. Standard Chartered, Astra and Mandiri high-ranking officials met in Singapore to discuss the acquisition plan.
Economy Edisi : Tuesday, 23 April 2019
Digital Wallet for National Companies
State-owned banks and enterprises join forces to create an integrated e-payment platform. With past plans to acquire startups, the companies seek to catch up on Go-Pay and OVO.
Economy Edisi : Monday, 15 April 2019
Krakatau Steel’s Final rescue
Shrouded in debts, the state’s steel company is standing on the verge of bankruptcy. Rescue mission began before Krakatau Steel is merged under a mining holding company.
Economy Edisi : Tuesday, 9 April 2019
Harmonization Stalled by Rini’s Letter
The government is not yet unanimous about the revision of regulations on mining business operation. State owned enterprises want a greater role to play. Coal businessmen have met with Minister Jonan to inquire about their further operation.
Economy Edisi : Tuesday, 2 April 2019
The State Should Not Bear Losses
Dwi Soetjipto, Chairman of the Upstream Oil and Gas Regulatory Special Task Force
Economy Edisi : Tuesday, 26 March 2019
Expert-Hunting in Houston
The SKK Migas sought external help to examine Masela’s development costs. Internal auditor questioned their capacity.
Economy Edisi : Tuesday, 26 March 2019
Food Preservatives from Chicken Coops
Food preservatives have become latent hazards in South Sumatra. A number of findings indicate that many food processing industries use the chemical solution; tracing back its origins to a farming company, Agrinusa Jaya Santosa, Japfa’s subsidiary.
Economy Edisi : Monday, 18 March 2019
Headwind for Air Cargo
The increase in air cargo prices has far-reaching impact. It gets in the way of burgeoning trade.
Economy Edisi : Tuesday, 5 March 2019
Guerrilla in the Coal Path
Djan Faridz’s mine is plagued with problems. The South Sumatra Provincial Government banned coal trucks from crossing the highway.
Economy Edisi : Tuesday, 26 February 2019
Jakarta Water’s Red Report
Jakarta government decides to take over clean water management in the city. They have met with Salim Group, private operator for Jakarta water management.
Economy Edisi : Tuesday, 19 February 2019
A Cliffhanger for Policyholders
Thousands of Jiwasraya investors are worried that they may not get their money back. Some were enticed by the tax amnesty program’s repatriation scheme.
Cover Story Edisi : Tuesday, 12 February 2019
Party Traces at the Batam Bay
The appointment of Batam’s Mayor as ex-officio head of the Batam Free Trade Zone and Free Port Authority (BP Batam) has rattled many sides. Was he put there to smooth the way for an ongoing mega project?
Economy Edisi : Monday, 4 February 2019
Charged by China’s Batteries
Global players are flocking to Indonesia for nickel and cobalt. Aneka Tambang’s chance to form a joint-venture in nickel downstream returns. Opportunity knocks for Indonesia to join the global market for electric car batteries.
Economy Edisi : Tuesday, 29 January 2019
Chasing Nickel to Rio
Freeport’s divestment was not the last. The second mission is to get Vale Indonesia’s shares.
Economy Edisi : Tuesday, 22 January 2019
New Capital for the Benoa Bay
Tomy Winata still has a dream of turning Benoa Bay into nine travel destination islands. But wave of protests never ceased, especially after the new location permit was issued.
Economy Edisi : Tuesday, 15 January 2019
Business Lost, Debts Found
The government revoked Bolt’s frequency license. A pandora’s box of debts was opened.
Economy Edisi : Monday, 31 December 2018
Gripped by Induction Steel
Reinforcing steel bars producers flocked to Indonesia as they are no longer wanted in homeland China.
Economy Edisi : Tuesday, 18 December 2018
Rage over a Name
Rage over a Name
Economy Edisi : Tuesday, 11 December 2018
Retreating over Foreign Invasion
The government finally re-included five business sectors in the Negative Investment List following criticism from both the opposition and business
Economy Edisi : Tuesday, 4 December 2018
Mud-sunken Land
The reclaimed land of the Kalibaru Port turned into quicksand mud
Economy Edisi : Tuesday, 13 November 2018
The Red Lion That Flew Blind
The Lion Air air carrier traveling from Jakarta to Pangkapinang already had known failures and was even grounded from flying the day before.
Cover Story Edisi : Tuesday, 6 November 2018
The Commander’s Gaffe
The confiscation of the illegal tin of a major exporter carried a negative impact. The results of verification by Surveyor Indonesia are blocked.
Economy Edisi : Tuesday, 30 October 2018
Troubled Waters Around the Port
The government seems divided after a court canceled Marunda Port’s concession. Both parties are lobbying key officials.
Economy Edisi : Tuesday, 16 October 2018
Charity Funds on the International Stage
The government is pursuing assistance from donors. Local and global conglomerates have been approached.
Cover Story Edisi : Tuesday, 9 October 2018
Inalum’s Contract for a Pile of Gold
The signing of Freeport Indonesia’s share buying agreement was delayed for a day for the green light from the government’s internal auditor BPKP and the AGO.
Economy Edisi : Tuesday, 2 October 2018
Freeport's Tailing Mess
Minister Siti Nurbaya's decision to annul Freeport's waste management shook the divestment process. Things were ironed out only after a meeting of four ministers.