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Following public outcry, President Prabowo Subianto granted rehabilitation to three former executives of state-owned enterprise (SOE) PT ASDP Indonesia Ferry convicted in the corruption case surrounding the company's acquisition of ferry operator PT Jembatan Nusantara (JN). For many observers, the prosecution of former president director Ira Puspadewi and two other executives epitomize the criminalization of business judgment.
The plan to merge national flag carrier PT Garuda Indonesia with PT Pelita Air Service, a subsidiary of energy holding state-owned enterprise (SOE) PT Pertamina, has reached a new stage. State asset fund Danantara has brought Garuda and Pertamina together to assess share structures and other corporate aspects. The move aligns with broader efforts to streamline SOEs. However, critics argue that the merger primarily serves as an effort to rescue the financially distressed Garuda.
The Center of Economic and Law Studies (CELIOS) projected the impact of massive floods in Sumatra Island to cause the national gross domestic product (GDP) to decrease by Rp 68.67 trillion, or around 0.29 percent. CELIOS emphasized that the floods has a national impact due to their negative effect towards the flow of consumer goods and industrial needs, especially in North Sumatra as one of the nation's industrial hubs.
Moving the bill to amend the 2001 Law on the National Police (Polri) into its priority list for legislation in 2025-2026, the House of Representatives is joining the presidential office and the police itself in an unofficial race to "reform" the country's main law enforcement agency.
A total of 15 investors have signed letters of intent (LoIs) to invest in various strategic projects in Lampung Province.
Indonesia's largest Muslim organization, Nahdlatul Ulama (NU), is facing another severe rift among its leadership after chairman Yahya Cholil Staquf was dismissed by the organization's supreme council, the Syuriah. Although his close associations with pro-Israel figures have been publicly cited as the cause, the underlying motive behind the firing appears to stem from intense political rivalry among NU elites.
Indonesia's nickel smelter boom, long promoted as the centerpiece of its downstream industrialization agenda, is entering a new phase. Through Government Regulation No. 28/2025, the government has moved to restrict new smelter permits, prompting questions over whether this signals a response to overcapacity, a recalibration of its downstream strategy or the start of a more measured and deliberate industrial policy.
