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October 27, 2026

The appointment of Suroso Isnandar as president director of state-owned electricity company PT PLN comes as the government steps up efforts to deliver its ambitious 100 gigawatt-peak (GWp) solar power program. Having previously overseen renewable energy projects at PLN, Suroso is well positioned to lead the initiative. However, delivering the program within its three-year timeline will be challenging, given Indonesia’s structural constraints on integrating variable renewable energy (NRE) into its electricity grid.

October 26, 2026

Nearly two years into his presidency, President Prabowo Subianto has moved decisively to tighten his grip on Indonesia’s two most powerful security institutions. A series of leadership changes at the National Police (Polri) and the Indonesian Military (TNI) this month have systematically reduced the residual influence of former president Joko “Jokowi” Widodo’s administration, realigning internal loyalties and strengthening presidential authority for the remainder of his term toward the 2029 elections.

October 24, 2026

A tax on sugar-sweetened beverages (SSB) is planned from the second half of 2027, the government has said, after making similar promises almost every year since 2022. The levy is expected to raise Rp 1.7 trillion (US$95 million), while diabetes care alone cost the national health insurance an estimated Rp 12.6 trillion in 2024. At its planned scale, the proposed levy risks falling short as both a public health measure and a revenue-generating instrument.

October 23, 2026

State asset fund Danantara plans to take several state-owned enterprises (SOEs) public in 2027, but whether the listings will attract investor interest remains uncertain. The companies have yet to be identified, and Danantara has pledged to conduct rigorous reviews before determining which are ready to enter the stock market. The key question, however, is whether the selected companies can offer sustainable returns and adequate investor protection, or whether the IPOs will serve primarily as a fundraising measure, leaving investors exposed to losses rather than potential capital gains, as previous cases suggest.

October 22, 2026

For nearly four months wildfires have ravaged Indonesia, exposing acute, systemic failures in government response and law enforcement. While the ongoing dry spell has exacerbated the crisis, suspected corporate land clearing by burning points to a deliberate, recurring practice that authorities have repeatedly failed to halt.

October 21, 2026

State-owned lender Bank Mandiri (BMRI) recently issued US$750 million in perpetual bonds, an uncommon instrument among Indonesian corporates, with an initial annual distribution rate of 7.35 percent. The issuance is intended to strengthen the bank’s capital base by bolstering its Additional Tier 1 (AT1) capital and supporting business expansion. However, it has also fuelled speculation that BMRI, along with other Himbara banks, may be facing mounting financial demands from their involvement in financing government programmes.

October 20, 2026

The controversy surrounding Vice President Gibran Rakabuming Raka has entered a new phase. Criticism of how he reached office is increasingly channeled into talk of impeachment. Paradoxically, the more it is discussed, the less likely it seems to happen. The mechanism exists, but the politics suggest its impact will be symbolic rather than institutional.