Indonesia Investment Authority in Search of Sovereign Wealth
The Indonesia Investment Authority is set to merge with Danantara, but it still fails to optimize investments and faces ongoing issues with foreign investor confidence.
Search Result “Si Montok Situs”
Judicial Commission Chair, Amzulian Rifai: Being ‘God’s Representative’ Carries Heavy Consequences
Judicial Commission Chair Amzulian Rifai on the corruption in judicial institution involving judges.
Interview Monday, November 4, 2024 Edition
Industry Minister Agus Gumiwang Kartasasmita: No Bailout Discussion
Interviews with Industry Minister Agus Gumiwang Kartasasmita and Sritex President Commissioner Iwan Setiawan Lukminto on the company’s bailout.
Economy Monday, November 4, 2024 Edition
Mining Concessions for the Medan Block
The term “Medan Block” emerged during the trial of former North Maluku Governor, Abdul Gani Kasuba. Medan Block is believed to refer to pre-allocated nickel mining concessions in Halmahera.
Law Monday, October 28, 2024 Edition
Lobbying for DPR Commission Leadership
The PDI-P received the most positions as leaders of the DPR working bodies. Surya Paloh met with Bahlil Lahadalia to discuss the allocation of commission chairs.
Cover Story Monday, October 28, 2024 Edition
Helicopter Service Business Expanding in Indonesia
Driven by corporate demand, helicopter business opportunities continue to grow. Operators are increasingly expanding their fleets.
Economy Monday, October 28, 2024 Edition
Different Treatment of Rohingya Refugees in Thailand, Malaysia and Indonesia
Rohingya refugees in Thailand, Malaysia, and the Philippines are treated differently than those in Indonesia.
Asean & Beyond Monday, October 21, 2024 Edition
Solutions for Rohingya Refugees in Indonesia
The increasingly overcrowded refugee camps demand improvements in the mechanisms for handling Rohingya refugees. The number of refugees continues to rise.
Asean & Beyond Monday, October 21, 2024 Edition
The Bogus Commitment to Safeguarding Biodiversity
There is an increasingly real threat to Indonesia’s biodiversity. It cannot be overcome through empty slogans at international forums.
Opinion Monday, October 21, 2024 Edition
General Election Commission Chair, Mochammad Afifuddin: There is a deficit of trust in the KPU
KPU Chair Mochammad Afifuddin on turbulence within his institution following the dismissal of Hasyim Asy’ari, and the Constitutional Court’s decision on the regional head elections.
Interview Monday, October 21, 2024 Edition
The Taspen Pension Fund Time Bomb
The KPK uncovered alleged embezzlement of the Taspen pension fund involving Sinarmas Sekuritas. The result of poor supervision by the OJK.
Opinion Monday, October 14, 2024 Edition
Fisheries Business of Sakti Wahyu Trenggono’s Son and Pratikno’s Son-in-Law
The family members of some ministers enter the fishery business. Other problems, such as the activity of illegal foreign vessels and the abuse of crew members, still prevail.
Investigation Monday, October 14, 2024 Edition
Minister Pratikno’s Explanation on the Fishery Business of His Son-in-Law
Explanations from State Secretary Minister Pratikno and Maritime Affairs and Fisheries Ministry on fishery business and the case of illegal ships in eastern Indonesia.
Investigation Monday, October 14, 2024 Edition
The Business of Maritime Affairs and Fisheries Minister’s Son
Minister Sakti Wahyu Trenggono revives a shutdown port. There is indication that the minister’s son is involved in the fisheries business.
Investigation Monday, October 14, 2024 Edition
Obstacles to the Provision of Inclusive Public Transportation
Jakarta is striving to provide inclusive transportation, but challenges remain, from funding issues to construction oversight.
Special Report Monday, October 14, 2024 Edition
Scandal over Supreme Court Succession
The race for the position of Chief Justice of the Supreme Court is heating up amid a flurry of allegations against certain candidates. There is suspicion of backing from business circles.
Law Monday, October 7, 2024 Edition
Oppositions to Sea Sand Export
The plan to export sea sand faces obstacles from the Ministry of Energy and Mineral Resources. Oppositions also come from the DPR.
Cover Story Monday, September 30, 2024 Edition
Former Officials in Sea Sand Business
Dozens of companies are seeking permits to process marine sediment. They include businessmen, regional head candidates, and former cabinet ministers.
Cover Story Monday, September 30, 2024 Edition
The Middle-Income Trap in Indonesia
Indonesia is poised to fall into the middle-income trap. Only a few people enjoy the economy pie.
Market Pulse Monday, September 30, 2024 Edition
Oversized Cabinet with Many Concerns
Prabowo Subianto is to form a cabinet comprising numerous ministers. This is made possible through a revision of the law.
Opinion Monday, September 23, 2024 Edition
Fractures in the Indonesia Onward Coalition
Two rivals in Jakarta’s upcoming regional elections are sharpening their winning strategies. There is a rift in the Indonesia Onward Coalition.
National Monday, September 16, 2024 Edition
Exporting Crisis from China
China’s economic crisis has the potential to spread around the world. It can kill industries and manufactured goods in many countries.
Market Pulse Monday, September 16, 2024 Edition
Investors Pushing for Energy Transition, Power Wheeling Scheme
Foreign companies are urging President Joko Widodo to implement the power wheeling scheme. The private sector is pushing to hasten the energy transition.
Cover Story Monday, September 16, 2024 Edition
Controversial Power Wheeling Articles in New and Renewable Energy Bill
Articles on power wheeling prevent the legislation of a New and Renewable Energy Bill. State electricity company PLN’s unique position could be left precarious.
Cover Story Monday, September 16, 2024 Edition
The Relationship of Indonesia and the Vatican
Indonesia and the Vatican enjoyed a good relationship long before the Pope’s visit. The Vatican reportedly helped Indonesia lobby the European Union.
Cover Story Monday, September 9, 2024 Edition
Seeking Blessings from the Holy Father
Catholics eagerly follow Pope Francis’ visit. Some are willing to spend a large sum of money to participate in the grand mass with the Pope.
Cover Story Monday, September 9, 2024 Edition
The Pope’s Apostolic Visit to Indonesia
Pope Francis received a warm welcome on his visit to Indonesia. Appearing with simplicity, he brought a mission of inter-faith dialogue.
Cover Story Monday, September 9, 2024 Edition
The Fall of Gibran and Kaesangs’ Culinary Businesses
The culinary businesses of Gibran Rakabuming and Kaesang Pangarep are fading. This seems to contradict their massive financing.
Economy Monday, September 9, 2024 Edition
Chair of the Indonesian Bishops’ Conference: The Church is Never Neutral
Chair of the Presidium of the Indonesian Bishops' Conference (KWI) Monsignor Antonius Subianto Bunjamin spoke about the preparations for Pope Francis’ visit.
Interview Monday, September 2, 2024 Edition
Looming Economic Crisis in Prabowo’s Administration
The current account deficit threatens the Indonesian economy. The value of the rupiah could fall further, triggering an economic crisis.
Market Pulse Monday, September 2, 2024 Edition
Rallies to Guard Constitutional Court’s Decision
Police act excessively in handling the demonstrations nationwide in support of the Constitutional Court decision. Where are the President and Vice President?
Letters Monday, September 2, 2024 Edition
The Inevitable Transition to Nuclear Energy
The transition to nuclear energy must be accelerated to meet the ever-increasing demand for electricity. It is more environmentally friendly.
Opinion Monday, August 26, 2024 Edition
Political Turmoil Dampens Positive Sentiment
The hijacking of the Constitutional Court’s decision on the Regional Head Election Law affects investor confidence, and political commotion hurts Prabowo’s government.
Market Pulse Monday, August 26, 2024 Edition
M.H. Thamrin’s Resistance from within the Volksraad
M.H. Thamrin was not the type of council member who would simply show up, sit down, remain silent, and collect a paycheck. The Tiger of Volksraad was highly militant and vocal in championing the people’s interests. His roar resonated as far as Europe and America.
Special Report Monday, August 19, 2024 Edition
Indonesia
The definition of “Indonesia” transcends old walls. Indonesians are anyone who considers it their homeland.
Marginalia Monday, August 19, 2024 Edition
The Mysterious Mr. T of Online Gambling Business Syndicate
Tommy Hermawan Lo’s name emerges following the mention of Mr. T in online gambling that involves human trafficking case. He is a director at a casino management company.
Law Monday, August 12, 2024 Edition
The Risks of Loans Using Deposit Funds from Export Proceeds
Banks regularly give credit to coal exporters who have deposits from foreign exchange proceeds of exports. It is prone to moral hazards.
Economy Monday, August 5, 2024 Edition
Behind Muhammadiyah’s Acceptance to the Offer of Mining Concession
Muhammadiyah cadres and administrators are divided in their response to the mining concession. There are whispers from the government and the entrepreneurs.
Economy Monday, August 5, 2024 Edition
Indonesia’s Debt Ceiling Exceeded, Rupiah Struggles
Government debt breached the limit. Markets await a signal of prudent fiscal management from the incoming president.
Market Pulse Monday, August 5, 2024 Edition
The Dissolution of the Good Person Thesis
Jokowi was initially considered as a good person and a man of the people. But he broke the hopes of those who voted for him.
Opinion Monday, July 29, 2024 Edition
Indonesia’s Vain Foreign Diplomacy
As the country attempts to mediate major issues, Indonesia’s foreign policy appears vibrant but lacks a strong foundation.
Special Report Monday, July 29, 2024 Edition
Catching Defamers Using Catchall Articles in ITE Law
Various cases of hacking and freedom of expression violations are rampant during Jokowi’s presidency. Victims range from public figures to ordinary people.
Special Report Monday, July 29, 2024 Edition
Rising Debt at the End of Jokowi’s Term
The 10 years of Joko Widodo’s administration leaves behind a mountain of debt. The management of the state budget shows minimal public participation and oversight.
Special Report Monday, July 29, 2024 Edition
Positions for Prabowo’s Associates
People close to Prabowo Subianto will be given strategic posts. Jokowi gives his blessing.
Cover Story Monday, July 22, 2024 Edition
Home-Baked Bread Business Competes with Manufactured Breads
The presence of Okko and Aoka disturbs home-industry breads produced by micro, small and medium businesses.
Economy Monday, July 22, 2024 Edition
Reviving Military Business
THE Indonesian Military proposes the removal of the article that prohibits military involvement in business activities in the revision of the TNI Law.
News Capsule Monday, July 22, 2024 Edition
Indonesia, the World’s Open Drug Market
Indonesia is still one of the largest markets for global drugs. There is overlapping law enforcement from the BNN and the National Police.
Opinion Monday, July 15, 2024 Edition
Indonesia’s Textile Industry Hit by a Flood of Imported Textiles
Mass layoffs hit the textile industry. The latest import regulation triggered a flood of textile imports, causing the local industry to collapse.
Economy Monday, July 15, 2024 Edition
Indonesia Becomes a Global Drug Market
The BNN indicates Indonesia is a potential market for international drug networks. An interview with the Chief of the National Narcotics Agency (BNN), Comr. Gen. Marthinus Hukom.
Law Monday, July 15, 2024 Edition
El Chapo Drug Cartel of Mexico Invades Indonesia’s Market
International drug networks are invading Indonesia. The Sinaloa Cartel from Mexico delivered methamphetamine concealed in a ceramic package.
Law Monday, July 15, 2024 Edition
Fraudulent Professorship in Lambung Mangkurat University
Over a dozen Lambung Mangkurat University lecturers are suspected of manipulating the requirements to apply for a professorship. They could be stripped of their titles.
Investigation Monday, July 8, 2024 Edition
Water Crisis due to Nickel Mining in Central Halmahera
Indigenous people and villagers in Central Halmahera are facing clean water crisis. Community wells and river water are contaminated by nickel mining.
Environment Monday, July 8, 2024 Edition
Impacts of Rupiah Fluctuations and Rising Government Debts
CEO of BCA, Jahja Setiaatmadja, explains the impacts of volatile exchange rates, rising government debt, and how the market awaits the new cabinet.
Interview Monday, July 8, 2024 Edition
Imminent Danger of Rice Crisis
Rice production is predicted to drop dramatically this year, potentially leading to a rice crisis and triggering inflation and an economic crisis.
Market Pulse Monday, July 8, 2024 Edition
Unveiling Corruption in the Rorotan Land Acquisition
The KPK is investigating a case of land corruption in Rorotan, North Jakarta. The land was intended for the zero-down payment housing program. A go-cart racer is implicated in this case.
Law Monday, July 1, 2024 Edition
The Impacts of Karen Agustiawan's Sentence on the Business Decisions of SOE Directors
The guilty verdict for Karen Agustiawan shows that in Indonesia, even business decisions can easily lead to prosecution. This will have a long-term negative impact on our economy.
Opinion Monday, July 1, 2024 Edition
Chasing Harun Masiku after the Election
The KPK is once again investigating Hasto Kristiyanto regarding the Harun Masiku bribery case. This is a consequence of the dispute between the PDI-P and Jokowi.
Opinion Monday, June 24, 2024 Edition
Holding Back Criticism against the President
The PDI-P is preparing to replace Hasto Kristiyanto after he was questioned by the KPK in the Harun Masiku case. They are wary of the Palace’s interference.
Cover Story Monday, June 24, 2024 Edition
The Pursuit of Harun Masiku
The KPK actually knows Harun Masiku’s location. He was once in Moro rebel territory in the Philippines.
Cover Story Monday, June 24, 2024 Edition
Hasto Kristiyanto Questioned by the KPK over the Harun Masiku Bribery Case
The KPK questioned Hasto Kristiyanto again in connection with the Harun Masiku bribery case. Is it true that this is the result of the Presidential Palace interfering?
Cover Story Monday, June 24, 2024 Edition
Industries Impacted by the Rising Dollar Exchange Rate
The rising exchange rate of the US dollar is causing business problems. Hedging efforts are of little help when the rupiah is very weak.
Economy Monday, June 24, 2024 Edition
Indonesia’s E-Commerce Business Competition
The merger between Tokopedia and TikTok Shop shifts the e-commerce business competition. The new entity is competing with Shopee.
Economy Monday, June 24, 2024 Edition
Monsignor Ignatius Suharyo: Don’t Bring Religion into Business
Ignatius Suharyo explains the Catholic Church’s stance on the planned issuance of mining permits to mass organizations. He considers mining activities destructive to the environment.
Interview Monday, June 24, 2024 Edition
The Danger of Politicizing SOE Commissioners
A number of Prabowo Subianto supporters have been appointed as SOE commissioners. This risks compromising their oversight function.
Opinion Monday, June 17, 2024 Edition
The Invasions in Our National Parks
Invasive alien species are attacking dozens of national parks in Indonesia. This is a serious threat that could have a negative impact on the ecosystem.
Opinion Monday, June 17, 2024 Edition
BP Tapera Commissioner Explains the Controversial Income Cut for Housing Savings
BP Tapera Commissioner, Heru Pudyo Nugroho, explains the compulsory 3 percent cut of monthly income for the public housing savings scheme.
Interview Monday, June 17, 2024 Edition
Alien Plant Invasion in National Parks
Invasive alien plant species are infesting many national parks in Indonesia. There is no comprehensive solution yet.
Environment Monday, June 17, 2024 Edition
Decreasing the Dominance of Bank Syariah Indonesia
Muhammadiyah’s fund transfer could trigger an equalization of the scale of business of sharia banks. Bank Syariah Indonesia has been too dominant over the sharia banking industry.
Economy Monday, June 17, 2024 Edition
Muhammadiyah’s Hundred Trillion Rupiah Businesses
Muhammadiyah’s business networks cover various sectors, from education to financial services. It seeks to create a closed economic ecosystem.
Economy Monday, June 17, 2024 Edition
Behind Muhammadiyah's Funds Withdrawal from Bank Syariah Indonesia
Muhammadiyah withdrew trillions of rupiah from Bank Syariah Indonesia. It was the accumulation of various problems, from operational matters to appointment of commissioners.
Economy Monday, June 17, 2024 Edition
The Urgency of Granting Mining Concessions to Mass Organizations
The government grants mining concessions to religious organizations. What are the considerations behind the policy?
Letters Monday, June 17, 2024 Edition
The Trick with Public Housing Savings
The Public Housing Savings program will only burden workers and companies. It is a way for the government to evade its responsibility to provide people’s housing.
Opinion Monday, June 10, 2024 Edition
Overlapping Housing Programs in Tapera and BPJS Ketenagakerjaan
Workers and entrepreneurs consider that the Tapera policy overlaps with the MLT program. Developers continue to benefit from both programs.
Economy Monday, June 10, 2024 Edition
Debt Trap Abyss Threatening Prabowo’s Presidency
There is no possibility for Prabowo to go on a spending spree during his presidency. Debt repayment liabilities will shackle him.
Market Pulse Monday, June 10, 2024 Edition
National Police Statement on the Surveillance of Assistant Attorney General for Special Crimes
The National Police denied any role of the former Red and White Task Force with the shadowing of the Assistant Attorney General for Special Crimes Febrie Adriansyah. Police 2nd Brig. Iqbal Mustofa is not punished.
Cover Story Monday, June 3, 2024 Edition
Competition for Strategic Positions at Attorney General’s Office
The rotation scene for Assistant Attorney General position is heating up ahead of the presidential inauguration. Candidates for Attorney General cannot come from political party officials.
Cover Story Monday, June 3, 2024 Edition
Densus 88 Officer Stalked the Assistant Attorney General
One of the men who stalked the Assistant Attorney General is from the counterterrorism unit under the former Red and White Task Force. The operation is suspected to suppress the investigation of high-profile cases.
Cover Story Monday, June 3, 2024 Edition
Mohammad Nuh: Universities should not squeeze money out of the public
Mohammad Nuh, chairman of the Forum for Boards of Trustees of Legal Entity State Universities, explains the polemic over the single tuition fee (UKT).
Interview Monday, June 3, 2024 Edition
The Wildlife Business
State losses due to the trade of protected wildlife amounts to Rp13 trillion annually. These animals are being pooled in Makassar, South Sulawesi.
Environment Monday, June 3, 2024 Edition
Independent Universities Inc.
Education Minister Nadiem Makarim has a design for universities to be able to independently fund higher education. He does not care about sky-high fees.
Opinion Monday, May 27, 2024 Edition
Students Withdrawing from State Universities due to High Tuition Fees
Prospective university students are backing away because they are unable to pay tuition fees. Some tuition reductions fail to make much of a difference.
Cover Story Monday, May 27, 2024 Edition
High Tuition Fees at State Universities
Minister of Education Nadiem Makarim allegedly approved the recent increase in university tuition fees. It is considered to be an effort to commercialize education.
Cover Story Monday, May 27, 2024 Edition
Rasio Ridho Sani: We are Preparing Forced Auctions of Company Assets
The Directorate-General of Law Enforcement at the Environment and Forestry Ministry prepares forced auctions on companies responsible for environmental damages.
Environment Monday, May 27, 2024 Edition
The Organized Corruption of Syahrul Yasin Limpo
Syahrul Yasin Limpo is alleged to have taken money from Agriculture Ministry officials. Those paying the money must also be held responsible.
Opinion Monday, May 20, 2024 Edition
The Pros and Cons of Starlink Expansion
Starlink starts to enliven the competition in the provision of internet services. There must be no protectionism that disadvantages the public.
Opinion Monday, May 20, 2024 Edition
Press Freedom Increasingly Under Threat
Press freedom is increasingly in peril in the end of Jokowi’s term of office.
News Capsule Monday, May 20, 2024 Edition
I Dewa Gede Palguna: The Constitutional Court Law Revision Is to Control Its Judges
Constitutional Court’s Ethics Council Chair I Dewa Gede Palguna on his stance rejecting a revision to the Constitutional Court Law.
National Monday, May 20, 2024 Edition
Syahrul Yasin Limpo’s Attorney: Echelon I Officials Gave the Order to Deposit Funds
Syahrul Yasin Limpo denied ordering his subordinates to collect tributes. The money was used for the personal interests of his wife and children.
Law Monday, May 20, 2024 Edition
Agriculture Ministry Officials Collected Money for Syahrul Yasin Limpo
Agriculture Ministry high-ranking officials routinely took up collections to raise money for Syahrul Yasin Limpo from 2020 to 2023. They often used the treasurer’s cash account.
Law Monday, May 20, 2024 Edition
The Importance of the Role of Opposition
Democracy requires opposition so that government policies can be kept in check.
Letters Monday, May 20, 2024 Edition
Dark Clouds over Online Credit Business
The fintech lending business is increasingly losing steam. Returns continue to decline while fund owners are opting for other investment portfolios.
Economy Monday, May 13, 2024 Edition
Post-Election Indonesian Economic Growth Challenges
Indonesia's economy poses some hurdles in continuing its growth trajectory. Political transition adds uncertainty.
Market Pulse Monday, May 13, 2024 Edition
The Wrong Energy Transition Approach
Pollution from the Ombilin PLTU in Sumatra is a threat to the environment and human health. It is being addressed using a bogus energy transition solution.
Opinion Monday, May 6, 2024 Edition
Foreign Electronic Surveillance Equipment in Indonesia
Hundreds of electronic surveillance devices entered Indonesia from 2019 to 2021. One company is connected with the Israeli manufacturer of the Pegasus device.
Law Monday, May 6, 2024 Edition
Massive Espionage Devices Imports around Election Time
Indonesia was one of the biggest importers of electronic wiretapping equipment from 2019-2021. This equipment is being used by various state agencies.
Law Monday, May 6, 2024 Edition
OJK’s Stricter Rules to Prevent Banks from Collapsing
The OJK decides on stricter supervision and capital requirements for banks, a shock absorber for the financial system but a stranglehold on small banks.
Economy Monday, May 6, 2024 Edition
Exclusive Interview with Robert Bonosusatya on Bangka Belitung Tin Corruption
Robert Bonosusatya denies involvement in the Bangka Belitung tin corruption case. He often discusses tin business with other entrepreneurs.
Law Monday, April 29, 2024 Edition
Stopping Animal Torture Video from Indonesia
Indonesia is the world's largest producer of animal torture video content. This is a result of weak law enforcement.
Opinion Monday, April 22, 2024 Edition
Irwansyah: They should have a positive and relaxed mind when playing
Indonesian badminton men’s singles coach, Irwansyah, talks about the achievements in the 2024 All England.
Interview Monday, April 22, 2024 Edition
Can Bank Indonesia Hold Rupiah Without Raising Rates?
Market intervention has its limit. At a certain point, Bank Indonesia has no choice but raising its reference rate.