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Academia 2 months ago
PREMIUM
Mitigating the impacts of a shift from a market economy to state capitalism
As President Prabowo pushes for a massive structural pivot toward state economic sovereignty, Indonesia faces a high-stakes gamble: Can it resurrect the ideals of a Pancasila economy without stumbling into the traps of heavy-handed economic nationalism?
Archipelago 4 months ago
PREMIUM
Toba Pulp Lestari to lay off 80% of workforce after license revocation
The pulp company has explained that its decision to lay off the majority of its workforce stemmed from the revocation of its PBPH, which led to the closure of its operations in forest concession areas.
Opinion 7 months ago
PREMIUM
Analysis: Flood-linked license revocations rattle investors
The government’s decision to revoke 28 natural resource licenses in the wake of the deadly December 2025 floods in Sumatra has drawn praise from environmental activists but has also unsettled the private sector by introducing new regulatory uncertainty. Among the revoked permits was a gold mining license linked to Astra International, intensifying scrutiny from investors and businesses over the state’s willingness to cancel legally issued concessions in response to environmental externalities.
Society 7 months ago
PREMIUM
Controversial power plant project's permit revoked after Sumatra floods
PT North Sumatera Hydro Energy, the developer of Batang Toru hydropower plant in South Tapanuli regency, North Sumatra, has had its business permit repealed as the government takes action against companies allegedly linked to deforestation that exacerbated northern Sumatra's floods and landslides.
Archipelago 7 months ago
PREMIUM
Controversial power plant project's permit revoked after Sumatra floods
PT North Sumatera Hydro Energy, the developer of Batang Toru hydropower plant in South Tapanuli regency, North Sumatra, has had its business permit repealed as the government takes action against companies allegedly linked to deforestation that exacerbated northern Sumatra's floods and landslides.
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