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It is hard to conceive of a national political landscape without constant maneuvering among political parties, trying to shape its direction. Recent speculation over a potential unification of the NasDem Party and Gerindra Party has brought a recurring question to the forefront: Do parties function as institutional channels of representation, or have they become mere instruments of elite bargaining?
3 hours agoThe Indonesia Stock Exchange (IDX) enacted a new provision setting the minimum free float requirement at 15 percent for both listed companies and prospective issuers, doubling the previous threshold of 7.5 percent. This change was made in response to concerns raised by MSCI regarding the low free float levels of Indonesian equities, which led the index to freeze Indonesia’s inclusion in its ...
2 days agoIndonesia’s largest state-owned construction firms – Wijaya Karya (Wika), Pembangunan Perumahan (PP), Adhi Karya (Adhi) and Waskita Karya (Waskita) – have sunk deeper into financial distress, posting a combined loss of around Rp 28 trillion (US$1.7 billion) in 2025. Far from incidental, these losses reflect years of aggressive and often unprofitable investments tied to the infras...
3 days agoThe government finally migrated on Nov. 2 analog free-to-air TV to digital broadcasts through the analog switch off (ASO) program for almost half of 514 regions in Indonesia, including the Greater Jakarta area, after seven years of delay. The government will free some TV frequencies for other purposes, including 5G fast internet services. And yet, three TV groups challenged the ASO, arguing that the people are not yet ready.
3 years agoAs the current Indonesian Military (TNI) chief, Gen. Andika Perkasa, will reach his retirement age on Dec. 21, the public is anticipating who will be President Joko “Jokowi” Widodo’s choice of Andika’s replacement.
3 years agoDemocratic Party chairman Agus Harimurti Yudhoyono has been persistent in his efforts to secure a place as Anies Baswedan’s running mate in the 2024 presidential election. With the party’s electability on the rise amid intense coalition talks, Agus has redoubled efforts recently by seeking the blessing of NasDem Party chairman Surya Paloh.
3 years agoPresident Joko “Jokowi” Widodo has insisted on proceeding with the Jakarta-Surabaya high-speed railway (HSR) project by extending the Jakarta-Bandung HSR to Surabaya in East Java, likely with the same Chinese investors, despite the financial challenge of completing the Jakarta-Bandung project, which has been bogged down with delays and massive cost overruns.
3 years agoMegawati Soekarnoputri, the matriarch of the Indonesian Democratic Party of Struggle (PDI-P), is facing a dilemma in selecting the party’s nomination for the 2024 presidential election. The ideal choice would be a candidate who would go on to win the election, take the party to new heights and sustain the reign of the Sukarno dynasty in Indonesian politics.
3 years agoLong dumped and shunned by investors, publicly listed coal miner PT Bumi Resources Tbk (BUMI), one of the largest mining companies associated with politically connected the Bakrie Group, is once again becoming a target of investors in the stock market following the entrance of the country’s premier conglomerate the Salim Group.
3 years agoPolitical parties have been racing to announce who they will be backing in the 2024 presidential election. Most recently, the Indonesian Solidarity Party (PSI) declared its support for Central Java Governor Ganjar Pranowo in the election, saying he is the most suitable to carry on President Joko “Jokowi” Widodo’s legacy.
3 years agoThe Jakarta-Bandung high speed railway (HSR) test run with Chinese President Xi Jinping is only a month away, yet the project’s cost overrun has yet to be settled.
3 years agoSince the NasDem Party recently declared outgoing Jakarta Governor Anies Baswedan its presidential candidate, the Golkar Party might be buckling under the pressure to finalize its choice candidate too. Though the party previously maintained it would back chairman Airlangga Hartarto’s presidential ambitions, a final decision has yet to be made.
3 years agoThe House of Representatives concluded a plenary meeting on Sept. 20 establishing the omnibus bill on financial sector reform as a parliament-proposed bill. The bill introduces considerable changes from the initial draft proposed by the government in collaboration with the parliament in 2020, some of which are highly contentious.
3 years agoYoung people aged between 17 and 39, who will make up 54 percent of voters in 2024, want a president who can make significant changes and they don’t think 70-year Prabowo Subianto, despite his huge popularity, is their man. In scenarios of two- and three-horse races involving Prabowo, they would instead vote for either Central Java Governor Ganjar Pranowo or Jakarta Governor Anies Baswedan, both 53, shows a survey by the Jakarta-based think tank, the Centre for Strategic and International Studies (CSIS).
3 years agoState-owned electricity company PT PLN recently formed four sub-holding companies, two that consolidate all its power generation assets, one that integrates primary energy management and one that develops services beyond electricity. The two power generation companies will share two new business entities in renewable energy, which are likely to be privatized.
3 years agoPresident Joko “Jokowi” Widodo has reportedly moved to select the new Indonesian Military (TNI) chief as the current commander, Gen. Andika Perkasa, will reach his retirement age of 58 on Dec. 21 and Jokowi does not seem to consider an extension of Andika’s military service.
3 years agoPresidential regulation (Perpres) No. 112/2022 on renewable energy, which had been teased since last year, is finally out. However, the reaction to the regulation has been bleak.
3 years agoPresident Joko “Jokowi” Widodo’s supporters have figured out another way to extend his political career beyond 2024, namely by having him run as vice president.
3 years agoTrouble is brewing at the United Development Party (PPP), the country’s oldest Islamist party and among the seven parties in the coalition government, after chairman Suharso Monoarfa was toppled by what appears to be a slip of the tongue that offended kiai, the elderly heads of Islamic boarding schools.
3 years agoSeptember has been marked by massive waves of street rallies, protesting against the government’s decision to increase subsidized fuel prices
3 years agoThe global wheat supply chain disruption induced by the Russia-Ukraine conflict has highlighted Indonesia’s dependence on wheat imports.
3 years agoDie-hard supporters of President Joko “Jokowi” Widodo held a congress in Bandung on Aug. 28 to keep their hopes alive for him to continue to serve the nation beyond 2024 when his current term in office ends, in defiance of the constitutional two-term limit.
3 years agoHouse Speaker Puan Maharani is making high-profile public appearances and increasingly playing the woman card in a bid to boost her electability, which has remained stubbornly low in the run-up to the 2024 presidential election.
3 years agoPresident Joko “Jokowi” Widodo has set up a team to resolve past serious human rights violations without going through courts of law, prompting some civil society organizations to accuse the government of trying to absolve the perpetrators of any guilt.
3 years agoPresident Joko “Jokowi” Widodo has urged state-owned enterprises (SOEs) and the Indonesia Investment Authority (INA) to enter the huge but stalled Masela gas block in Maluku to jumpstart the US$20 billion project. Many, however, have questioned the motive behind the move.
3 years agoPrabowo Subianto officially confirmed his bid to run for president in 2024 at the Gerindra Party’s national leadership meeting (Rapimnas) last weekend.
3 years agoCoal-supply crisis looms over the state-owned electricity company (PLN) again as businesses prefer to export their coal than to meet their domestic market obligation (DMO) amid skyrocketing commodity prices.
3 years agoThis year’s joint military exercise between the Indonesian Military (TNI) and the United States armed forces are called “Super Garuda Shield”, indicating that the war games have been expanded to involve a total of 14 countries as well as the naval and air forces, instead of just the army.
3 years agoNearly two months after the first foot and mouth disease (FMD) case was reported, the government finally started the cattle vaccination program for 60.6 vaccine shots in 2022-2023.
3 years agoPresident Joko “Jokowi” Widodo officially enacted three laws establishing new Papuan provinces – South Papua, Central Papua and the Papua Highlands – on July 25.
3 years agoViolence in Papua has taken a new twist after chilling video footage showing members of a Papuan armed group beheading a man in Bintang Mountains regency circulated on July 19.
3 years agoA large gas deposit was discovered recently near the coast of Aceh. The Energy and Mineral Resources Ministry described the discovery as potentially one of the largest in the world.
3 years agoThe government is scratching its head over whether to increase subsidized fuel prices. The surging global prices of crude oil has forced the government to provide more energy subsidies this year.
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