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A series of corruption and fraud cases have been uncovered at several regional development banks (BPDs), including Bank Jabar dan Banten (BJB), Bank DKI Jakarta, Bank Jatim and Bank Jateng. These cases involve practices such as side streaming, fictitious debtors, hidden debtors and document forgery, resulting in losses amounting to trillions of rupiah. The revelations have raised serious concerns about weak corporate governance in the BPD sector.
Banten Province's economy grew by 5.19 percent in the first quarter (Q1) of 2025, exceeding Jakarta's 4.95 percent growth and the overall Indonesian economy's 4.87 percent growth. Banten's growth was strongly supported by the manufacturing sector.
The growth of the data center industry in Batam City, Riau Islands Province is in an upward trend, reaching hundreds of billions in rupiah according to the Investment Coordinating Board (BKPM).
The controversy surrounding an alleged fake university diploma belonging to former president Joko "Jokowi" Widodo appears to be nearing resolution, though legal consequences for involved individuals could still result in criminal charges.
Realized investments to West Java Province reached Rp68.5 trillion in the first quarter (Q1) of 2025. West Java Investment and One-Stop Integrated Services Office (DPMPTSP) Head Dedi Taufik said that the achievement meant that West Java has reached 25.39 percent of the Rp270 trillion investment target set by the Investment Coordinating Board (BKPM).
The long-awaited 2025-2034 Electricity Procurement Business Plan (RUPTL), launched by the Energy and Mineral Resources (ESDM) Ministry on May 26, 2025, signals a shift in the government’s energy priorities—placing greater emphasis on energy security over the green transition. The new RUPTL marks a departure from the previous 2021-2030 RUPTL, which aimed for no new fossil-based capacity additions by 2030. In contrast, the 2025-2034 plan delays the significant ramp-up of renewable energy capacity to the second half of the decade, indicating a slower pace for Indonesia’s energy transition ambitions.
Every five years, Indonesia holds a multi-party general election typically participated in by around 20 political parties. But every time the nation launches a discourse on how best to finance these parties, someone in the room will quickly shout “corruption”, a reflection of the distrust the public has toward them.