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Opinion 6 days ago
PREMIUM
Analysis: Lemigas’ new import power risks overlap in energy procurement roles
The administration of President Prabowo Subianto has issued Presidential Regulation (Perpres) No. 26/2026, which expands the role of public service agencies (BLU) in energy imports, blurring the traditional boundaries between government agencies, state-owned enterprises (SOEs) and private sector players. While the new regulation appears intended to strengthen Indonesia’s energy security amid growing global uncertainties, it could create overlapping responsibilities, increase operational risks and expose the country to greater geopolitical pressures.
Academia 3 weeks ago
PREMIUM
Indonesia’s start-up boom and what we refuse to measure
As prosecution of digital pioneers has become commonplace, a deeper crisis emerges: a nation that enthusiastically celebrates start-up hypergrowth but lacks the analytical tools to distinguish strategic risk from structural failure.
Opinion 1 month ago
PREMIUM
Analysis: Rupiah’s drop signals deeper risks beyond market volatility
The rupiah recently plunged to an all-time low of Rp 17,514 per United States dollar, and pressure on the currency may intensify in the second quarter as Indonesia faces a convergence of external and domestic challenges. Maturing government debt, dividend repatriation by foreign investors and soaring oil prices are tightening dollar liquidity, while the latest MSCI Indonesia rebalancing threatens further capital outflows.
Academia 4 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.
