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Two major Indonesian securities firms, NH Korindo Sekuritas and Trimegah Sekuritas, fell victim to cyberattacks in May. NH Korindo managed to fend off the attack before any funds were withdrawn, limiting the damage to operational disruptions. Trimegah, however, wasn’t as fortunate. Losing an estimate of Rp 200 billion (US$12.3 million) from the breach.
An Indonesian national, identified by the initials AP, was arrested in Myanmar for illegally entering the country and engaging with the Karen National Union (KNU), an armed group designated as a banned organization by local authorities.
When a mob rampaged through Maria Veronica Nina’s villa in Sukabumi, West Java, she would have had every right to feel vengeful for the hate crime committed against her property.
State-owned palm oil producer PT Agrinas Palma Nusantara, established just last March through a spin-off from a state-owned construction firm to refocus on the agriculture sector, has unexpectedly restructured its board of directors (BoD) and board of commissioners (BoC). The leadership shake-up comes as the company carries a mandate to manage illegal palm oil plantations seized by the government. The confiscated land, which spans hundreds of thousands of hectares (ha), was taken from companies found to have violated laws such as the Forestry Law, including several prominent palm oil firms also active in downstream production.
The National Economic Council (DEN) has prioritized the establishment of the Lake Toba Special Economic Zone (SEZ). This plan is being implemented in collaboration with the seven regional governments surrounding the Lake Toba area.
President Prabowo Subianto ’s choice of a senior bureaucrat to be Indonesia’s new ambassador to the United States is somewhat anticlimactic, casting doubts on whether he has picked the right person for the right job, and at the right time.
Central Kalimantan Governor Agustiar Sabran hosted Turkish Senator Serkan Bayram and a group of businesspeople from Türkiye at the Isen Mulang Palace in Palangka Raya City, Central Kalimantan on June 14, 2025.