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Popular Reads

New islands appear after Anak Krakatau volcano erupts
A ministry restored
Prabowo resurrects advisory board
Reshuffle shores up coalition support for 2029
Whisky, big-screen TV seized from prison 'villas' in West Java

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Popular Reads

New islands appear after Anak Krakatau volcano erupts
A ministry restored
Prabowo resurrects advisory board
Reshuffle shores up coalition support for 2029
Whisky, big-screen TV seized from prison 'villas' in West Java

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governance

When permits are revoked but mining operation continues
Academia 5 months ago

PREMIUM
When permits are revoked but mining operation continues

Mining business permit revocation and asset transfers can strengthen governance, but only if they lead to demonstrable improvements in land-use practices, risk management, and environmental performance.
Analysis: Agrinas’ expanding role risks turning policy ambition into liability
Opinion 5 months ago

PREMIUM
Analysis: Agrinas’ expanding role risks turning policy ambition into liability

PT Agrinas Pangan Nusantara is fast becoming one of the most powerful, yet least clearly defined state-owned enterprises under President Prabowo Subianto’s flagship programs. Initially mandated to produce staple foods and manage 425,000 hectares of food estate, Agrinas Pangan has now been entrusted with an even broader role: operating the Red and White Cooperatives (KMP) for the first two years. However, as its mandate expands, its core business becomes increasingly blurred and government liability rises.
Defending budget deficits amid war: Prabowo’s fiscal crossroads
Academia 6 months ago

PREMIUM
Defending budget deficits amid war: Prabowo’s fiscal crossroads

As Indonesia’s 2026 budget faces an oil-fueled collision between campaign promises and market reality, the government must choose: protect its signature projects or save its fiscal credibility.
Danantara at one: Between the promise and the proof so far
Academia 6 months ago

PREMIUM
Danantara at one: Between the promise and the proof so far

One year in, Danantara has proven it can move mountains of capital, but the real test is whether it can move the needle on structural reform without falling into the old traps of state-directed lending.
More than just a pig problem
Editorial 7 months ago

PREMIUM
More than just a pig problem

In a city where diversity is the lifeblood of the streets, a mayor’s attempt to ban the pork trade has sparked more than a protest—it has exposed a dangerous drift toward discrimination under the guise of public order.
Those who most need to understand AI don't get it
Academia 7 months ago

PREMIUM
Those who most need to understand AI don't get it

Just as war is too important to be left to the generals, AI is too important to be controlled solely by those inventing it.
From savers to stakeholders: A new social contract for Indonesia
Academia 7 months ago

PREMIUM
From savers to stakeholders: A new social contract for Indonesia

By turning savers into stakeholders, Indonesia is building a market owned by its people, resilient to external shocks, and worthy of the economic sovereignty that Danantara is mandated to protect.
The risks of reordering Indonesia’s financial governance
Academia 8 months ago

PREMIUM
The risks of reordering Indonesia’s financial governance

The push to "align" Indonesia’s financial regulators with political objectives marks a fundamental paradigm shift from stability to short-termism. While these moves may sustain growth today, they defer systemic costs to a future where institutional safeguards may no longer exist to catch the fall.
The MSCI's ‘nuclear option’ is a bluff. The coming haircut is not
Academia 8 months ago

PREMIUM
The MSCI's ‘nuclear option’ is a bluff. The coming haircut is not

While Indonesia is too big to be kicked out of the emerging market club, a new "governance penalty" could still shake up the market.
MSCI, IDX and the long shadow of institutional credibility
Academia 8 months ago

PREMIUM
MSCI, IDX and the long shadow of institutional credibility

Legibility is key to building the credibility of the Indonesian bourse so it can develop beyond a mere "conjecture" toward institutional maturity and certainty.

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