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View all search resultsThe Red and White Cooperative (KDMP) initiative is rapidly transforming from a flagship economic program into a mandate that must succeed at any cost. In its wake, the program is now cannibalizing the Village Fund, the very backbone of rural development and a decade-long symbol of local empowerment.
The administration of President Prabowo Subianto has reached a deal with Freeport-McMoRan as part of Indonesia’s broader negotiations to reduce punitive tariffs imposed by the United States under President Donald Trump. The agreement requires Freeport to divest additional shares in PT Freeport Indonesia (PTFI), which operates major mining assets in Papua, in exchange for an extension of its mining concession to the end of the mine’s life cycle. While the deal strengthens US access to critical minerals, it has drawn criticism for the limited involvement of indigenous Papuans.
The recent deactivation of millions of National Health Insurance (JKN) contribution assistance recipients (PBI) has been revealed as more than a mere data-cleaning exercise. It has exposed a systemic failure to recognize the vulnerability of the poor, for whom subsidized health care is a necessity, not an option. This episode underscores persistent flaws in the design and execution of Indonesia’s health protection framework.
Global coal oversupply and falling prices have prompted the Indonesian government to cut domestic coal production this year in an effort to stabilize the market. The move has raised concern among coal producers, who warn that smaller operational scales could reduce employment and non-tax state revenue (PNBP). At the same time, to secure coal supply for state-owned electricity company PT PLN, the government plans to increase the domestic market obligation (DMO). This dual pressure on producers raises an important question: will the production cut outlined in the 2026 annual work plan (RKAB) for the mining sector help restore prices, or will it create further challenges?
President Prabowo Subianto convened back-to-back meetings with key business leaders at his Hambalang residence in West Java on Feb. 9 and 10. He began with representatives of the Indonesian Employers Association (Apindo) before hosting heads of five of the country’s largest conglomerates the following day. The meetings were framed as efforts to strengthen government-business synergy and accelerate economic development. Yet they have also sparked questions about the political and economic calculus behind the outreach.
President Prabowo Subianto may be projecting himself globally and at home as a leader who is tough on corruption, not just in words but also in actions, with several high-profile corruption cases in his first year in office. But the business community is not impressed, and has even given the thumbs down to his overall anti-graft campaign.
Uncertainty continues to surround Indonesia’s latest trade breakthrough as President Prabowo Subianto and United States President Donald Trump prepare to formalize the Agreement on Reciprocal Trade (ART) on Thursday, following their attendance at the first US-led Board of Peace meeting a day earlier. The framework unveiled in July 2025 sets a 19 percent tariff on Indonesian exports to the US market, a rate the Indonesian government portrays as a major diplomatic victory despite its magnitude. Yet it remains unclear whether the July framework represents the final terms to be signed or whether negotiations are still unfolding behind closed doors.
Following the resignation of the Financial Services Authority (OJK) chairman and deputy chairman, the government has formed a selection committee to seek the best candidates to lead the OJK and restore investor confidence after market turmoil triggered by Morgan Stanley Capital International (MSCI)’s interim freeze of its February review of Indonesian stocks. The pressing question is whether any candidate will be capable of rebuilding market trust.
Once synonymous with controversy and stagnation, Meikarta has resurfaced on Indonesia’s national housing agenda. The government plans to repurpose the site for subsidized vertical housing for low-income households, with around 30 hectares (ha) of Lippo Group-owned land reportedly provided “for free”. The arrangement raises broader questions about transparency and whose interests the policy ultimately serves.
Several companies have come under scrutiny following global index provider MSCI’s decision to temporarily freeze Indonesia’s February review, citing concerns over market accessibility and transparency. In response to the announcement, the Financial Services Authority (OJK) and the Indonesia Stock Exchange (IDX) have stepped up due diligence and trading surveillance to address potential vulnerabilities. As this closer monitoring unfolds, it has brought renewed attention to sharp and unexplained price movements in several counters, most notably PT Sanurhasta Mitra (MINA), which had previously been flagged for unusual market activity.
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