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Jakarta Post
Opinion premium

Analysis: Cabinet reshuffle raises more questions than answers

The lack of a justification for President Prabowo Subianto's cabinet reshuffle has raised more questions than answers. The effectiveness of the reshuffle is questionable since two key positions, the coordinating political and security affairs minister and the youth and sports minister, remain unfilled.

18 hours ago
Opinion premium

Analysis: When Shell runs dry, Pertamina steps back in

Shortages have gripped Indonesia once again, with Shell, BP and Vivo fuel stations running low in several regions. The fuel shortages have caused long lines at Shell, BP and Vivo stations as well as increased demand at state-owned Pertamina stations, despite scandals over low-quality fuel. ...

2 days ago
Opinion premium

Analysis: Short-selling in limbo as public unrest hits Indonesian stocks

Indonesia’s stock market took a heavy blow in late August during nationwide riots and protests. On Aug. 29, the Indonesia Stock Exchange (IDX) Composite index fell to 7,830.49 from 7,952.09 the day before, a 1.53 percent drop. ...

3 days ago

The Latest

Opinion premium

Analysis: Constitutional Court ends deputy ministers’ moonlighting

The controversy over double jobs for deputy ministers should now end after the Constitutional Court prohibited them from serving as commissioners in state-owned enterprises (SOEs), reinforcing its previous ruling that barred ministers and other high-ranking officials from holding such positions.

4 days ago
Opinion premium

Analysis: Mass protests fuel Prabowo’s conspiratorial narrative

As nationwide protests have subsided, a new power struggle has emerged among Indonesia's political elite, centering on who was behind the widespread unrest last week.

5 days ago
Opinion premium

Analysis: Patriot Bonds oversubscribed amid questions of compulsion

The Patriot Bonds, a debt instrument issued through Indonesia’s state asset fund Danantara, have attracted demand exceeding the amount offered, despite offering a much lower coupon rate than comparable government securities. Some analysts point to quiet pressure from the Prabowo Subianto administration as a factor in the oversubscription, raising concerns that the bond’s “voluntary participation” label masks market distortion and risks crowding out private financing.

6 days ago
Opinion premium

Analysis: Prabowo uses big stick, few carrots to restore order

The deployment of the Indonesian Military (TNI) to crack down on massive nationwide protests, some of which descended into violence, around the turn of the month may have helped restore order. President Prabowo Subianto, for one, felt comfortable enough about the situation in the country for him to make a quick trip to Beijing.

1 week ago
Opinion premium

Analysis: BI cuts rate as loan growth slows, boosting Prabowo’s growth agenda

Bank Indonesia’s second consecutive rate cut in August, and its third this year, reflected both domestic headwinds and shifting global dynamics. The central bank lowered its benchmark rate by 25 basis points to 5 percent, just a week before the U.S. Federal Reserve signaled a dovish turn. That shift further expanded the policy space for emerging markets like Indonesia to ease monetary conditions. For the Prabowo administration, the decision offers timely support for its ambitious growth agenda.

1 week ago
Academia premium

Analysis: Illegal mining in Indonesia isn’t hidden, it’s protected

Illegal mining is hardly a hidden crime in Indonesia, it is an entrenched industry protected by powerful backers. The practice has persisted for decades, and remains unresolved even under President Prabowo Subianto’s administration. In his State of the Nation address, Prabowo pledged to confront active and retired police and military generals allegedly involved in the illegal mining business. Whether those words will translate into decisive action, and whether he is willing to target the true masterminds and their allies, remains to be seen.

1 week ago
Opinion premium

Analysis: Indonesia’s civil uprising: From arrogant politicians to state violence

Indonesia has seen a turbulent week of public unrest centered on the House of Representatives (DPR), as outrage over lawmakers’ high pay and allowances spiraled into a broader movement demanding accountability, justice, and reform.

1 week ago
Opinion premium

Analysis: Prabowo’s big-ticket experiment on education system

Prabowo Subianto's administration is rolling out a significant overhaul of Indonesia's education system, introducing new initiatives like Sekolah Rakyat (People's Schools), specialized science institutions and an expansion of military-style schools. While these are presented as reforms, critics worry they could neglect the root causes of the country's education problems while incurring substantial financial and social costs.

1 week ago
Opinion premium

Analysis: Noel’s arrest: All that is wrong with Indonesian politics

“Wanted! A stellar minister who’s ready to be sentenced to death if they commit corruption,” exclaimed Immanuel “Noel” Ebenezer, then-leader of the Jokowi Mania (JoMan) volunteer group loyal to former president Joko Widodo, in 2020.

2 weeks ago
Opinion premium

Analysis: Whoosh debt grows, Danantara steps in

Danantara is preparing to restructure the ballooning debt of the Jakarta–Bandung high-speed railway, better known as Whoosh, which has continued to suffer heavy operational losses. Financial problems plagued the project long before trains ever ran. During construction, costs overshot the original budget by US$1.2 billion, forcing project operator PT Kereta Cepat Indonesia China (KCIC) to borrow more from the China Development Bank (CDB). Danantara’s intervention has triggered sharp public criticism. Many see it as yet another bailout of an ill-conceived venture, echoing the state rescues of Garuda Indonesia. Critics warn that the move entrenches a cycle in which profitable state-owned enterprises (SOEs)—whose surpluses fund Danantara—are siphoned off to prop up failing projects.

2 weeks ago
Opinion premium

Analysis: ‘Greedynomics’ When profit trumps people

Serakahnomics is the latest term coined by President Prabowo Subianto to describe an economic pattern that prioritizes the profit and wealth of a privileged few over the broader welfare and interests of the public. The phrase, which translates into “greedynomics”, captures the people’s frustration over soaring prices, scarcity of basic goods and widening inequality, but raises the question: Is it fair to place all the blame on businesspeople alone?

2 weeks ago
Opinion premium

Analysis: Housing scandal threatens soldier welfare amid growing military role

A recent report by IndonesiaLeaks on the alleged misappropriation of funds in an Army housing program has raised concerns over the potential for a huge departure of troops from its ranks. The case risks undermining soldiers’ morale, even as President Prabowo Subianto has elevated the Indonesian Military (TNI) to a key role in national politics.

2 weeks ago
Opinion

Analysis: Prabowo sees free nutritious meal program as glass half full

President Prabowo Subianto used his first state of the nation address on Aug. 15 to talk up his hugely ambitious free nutritious meal program, claiming success although so far it has reached less than a quarter of the 83 million targeted recipients since its January rollout.

2 weeks ago
Opinion premium

Analysis: Prabowo bets on 5.4 percent growth in 2026, testing fiscal discipline

President Prabowo Subianto has set an ambitious growth target of 5.4 percent year-on-year (yoy) for 2026, as announced during the presentation of the 2026 state budget draft (RAPBN). The proposed budget seeks to narrow the fiscal deficit to 2.48 percent of gross domestic product, while increasing total spending by 7.3 percent to Rp 3.79 quadrillion (US$231.81 billion). However, the heavy price tag of the government’s flagship priority programs, combined with the emphasis on central government spending, austerity imposed on regional budgets and heavier reliance on tax revenue, could complicate the realization of these growth aspirations.

2 weeks ago
Opinion premium

Analysis: Pati revolt a real test of Prabowo’s austerity measures

Ten months into his term, President Prabowo Subianto’s trademark austerity measures, designed to conserve funds for flagship programs like the free nutritious meal initiative, have finally collided with local realities.

3 weeks ago
Opinion premium

Analysis: Indonesia’s 5.12% Q2 growth defies forecasts, fuels skepticism

The economy expanded 5.12 percent year-on-year (yoy) in the second quarter, defying expectations of a slowdown and igniting debate over where the growth is coming from and why many Indonesians say they cannot feel it. In a climate of public skepticism, every decimal point carries weight.

3 weeks ago
Opinion premium

Analysis: BI cancels Payment ID rollout amid public privacy outcry

Bank Indonesia (BI) has cancelled the rollout of its Payment ID system, which was originally scheduled to launch on Aug. 17, Indonesia’s Independence Day. The system was designed to monitor transactions by assigning each Indonesian citizen a unique code linked to their national identification number (NIK). News of the launch sparked public backlash, as BI had yet to publish many of the system’s technical specifications.

3 weeks ago
Opinion premium

Analysis: Prabowo’s military restructuring misses its essence

President Prabowo Subianto's efforts to strengthen the Indonesian Military (TNI) have included creating several new positions and agencies. While these changes are framed as a way to prepare for future strategic challenges, they have also sparked concerns.

3 weeks ago
Opinion premium

Analysis: Joint development only win-win option for Ambalat

Jakarta is right in pushing Kuala Lumpur to join hands in developing the disputed, mineral-rich maritime area located east of Borneo in the Sulawesi Sea. Though the latter does not appear to be all that keen about the idea, it has not completely rejected it.

3 weeks ago
Opinion premium

Analysis: Agrinas CEO exit puts spotlight on Danantara’s role

Joao Angelo De Sousa Mota has abruptly stepped down as president director of PT Agrinas Pangan Nusantara after just six months, putting a spotlight on the Daya Anagata Nusantara (Danantara) Investment Management Agency’s role and commitment in the food estate program. At the heart of his resignation was frustration over what he described as Danantara’s failure to prioritize and adequately fund Agrinas Pangan, stalling the SOE’s work mandate to support President Prabowo Subianto’s goal of achieving national food sovereignty.

3 weeks ago
Opinion premium

Analysis: Political fairy tale: Gerindra’s defining steps to glory

Gerindra, President Prabowo Subianto's political party, is the third largest in the country, trailing only behind the nation's oldest party Golkar and the Indonesian Democratic Party of Struggle (PDI-P). For Gerindra to propel itself to the top in the 2029 elections, Prabowo must maintain his dual role as party chairman and the President.

4 weeks ago
Opinion premium

Analysis: Rice prices surge as market distortion deepens

Indonesia’s rice market is in turmoil, despite the government’s claim of holding the largest rice reserves in history. Prices continue to rise, consumers are paying more for lower-quality rice and the government’s response risks deepening the uncertainty. Its crackdown on rice businesses accused of producing oplosan rice, where medium-quality rice is mixed and sold as premium, is suspected of depleting supplies to retailers and driving up prices.

4 weeks ago
Opinion premium

Analysis: Bank Mandiri reshuffles leadership amid Himbara-wide downturn

State-owned lender Bank Mandiri recently announced a major leadership shake-up to restructure both the Board of Commissioners (BoC) and Board of Directors (BoD). The changes come as lenders grouped in the Association of State-Owned Banks (Himbara) face mounting pressure from slowing financial performance, worsened by the banking industry's loan disbursement slowdown and increasing burdens from government-mandated programs.

1 month ago
Opinion premium

Analysis: KPK probes cases involving Jokowi-era ministers

The Corruption Eradication Commission (KPK) has launched an investigation into alleged graft in the procurement of Google Cloud services by the former Education, Culture, Research and Technology Ministry under Nadiem Makarim. The antigraft body has also summoned former religious affairs minister Yaqut Cholil Qoumas for questioning in a separate case pertaining to the 2024 haj program.

1 month ago
Opinion premium

Analysis: PDI-P’s nebulous stance risks it becoming in-between party

The Indonesian Democratic Party of Struggle (PDI-P) continues to be ambivalent in its stance toward President Prabowo Subianto’s administration, with party matriarch Megawati Soekarnputri declaring it is neither part of the coalition government nor in the opposition role.

1 month ago
Opinion premium

Analysis: PPATK unfreezes 31 million accounts, dormancy rule backlash

The Financial Transaction Reports and Analysis Center (PPATK) has officially reopened access to approximately 31 million bank accounts across 105 banks, following intense public backlash. These accounts had previously been frozen on the grounds of dormancy. According to the Financial Services Authority (OJK), 9,487 formal complaints regarding unprompted account freezes were received via its official platform, the APPK, as of July 14. Since this figure only includes submissions through one channel, the actual number of grievances reported directly to banks is likely much higher.

1 month ago
Opinion premium

Analysis: ‘One Piece’ flag exposes sovereignty threat narrative

As the 80th anniversary of Indonesian independence approaches, a surprising symbol of nationalist pride has emerged. Instead of displaying the historic Red and White flag, a nationwide grassroots movement has citizens waving the flag of a fictional pirate group from the famous Japanese manga and anime series One Piece.

1 month ago

Today's ePost

Tue, September 16, 2025

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