President Prabowo Subianto recently delivered a striking announcement: his administration plans to gradually place exports of Indonesia’s natural resources under state control to combat alleged under-invoicing by resource exporters. While the proposal could help address persistent under-invoicing, it has also raised concerns among businesses and economists, who warn that it risks becoming a misguided solution that opens the door to rent-seeking and ultimately harms the economy and public welfare.

The Financial Services Authority (OJK) has reported that outstanding loans from financial technology (fintech) lending services, locally known as pindar, reached Rp 101.03 trillion (US$6.1 billion) as of March, underscoring the rapid expansion of Indonesia’s online lending sector and the growing difficulty of containing its risks. Of that amount, the aggregate non-performing loan risk rate, measured by the industry’s TWP90 indicator, which tracks loans overdue by more than 90 days, stood at 4.52 percent in March, significantly higher than the 2.77 percent recorded in March 2025.

The Presidential Palace has partnered with the Indonesia New Media Forum (INMF) in a move it says could significantly expand its social media reach, potentially adding up to 100 million views per day.

The Bantar Gebang landfill in Bekasi, West Java, has once again come under scrutiny following a fatal landslide in March, in a new report that ranked it among the world’s largest methane-emitting landfills in 2025, highlighting the country’s mounting waste crisis. The government has since enacted Presidential Regulation (Perpres) No. 109/2025 to accelerate investment in waste-to-energy (WtE) projects, while state asset fund Danantara has stepped in to coordinate investment and operations nationwide. However, major hurdles remain, including regulatory uncertainty, high investment costs and environmental as well as public concerns.

There is renewed hope for police reform following President Prabowo Subianto’s approval of the police reform committee’s recommendations. Although several points merely preserve the status quo, the recommendations also call for more substantive action, particularly a revision of the 2002 National Police Law.

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.

Housing is shifting inexorably from a milestone to a mirage in Indonesia. With a national backlog of 15 million houses, housing affordability has turned into a crisis spanning income groups, pushing many families to rent rather than buy. The government’s proposed 40-year mortgage scheme might ease monthly payments but raises a harder question: Does extending debt across most of a person’s productive life solve the housing crisis or merely redefine what desperation looks like?