Latest News

Search:
trading
March 25, 2025

The revision of the Indonesian Military (TNI) Law has not only sparked widespread controversy in public but interestingly also revealed a semblance of a rift within the government and military leadership.

March 24, 2025

Indonesia’s financial market was thrown into turmoil when the Jakarta Composite Index (JCI) plunged 7 percent to 6,084 on March 18, marking one of its steepest declines in recent years. The market shock stems from growing economic uncertainty fueled by global and domestic issues, including the rumored resignation of Finance Minister Sri Mulyani, transparency concerns related to Daya Anagata Nusantara (Danantara), and a series of incompatible policies. The sharp sell-off underscores mounting fears over the country’s fiscal stability, with investor confidence hanging by a thread.

March 22, 2025

The government plans to establish 70,000 Red and White village cooperatives at an estimated cost of Rp 350 trillion (US$21.47 billion), with the official launch set for July 12, coinciding with National Cooperatives Day. This initiative aims to strengthen rural economies and tackle key challenges such as extreme poverty by improving access to staple goods. However, concerns have been raised about the project’s feasibility and the potential redundancy it may create alongside existing village-owned enterprises (BUMDes).

March 21, 2025

The recent scandal over MinyaKita has exposed a crack in the government and structural flaws in the domestic market obligation (DMO) policy. According to economists, the anti-market policy fails to account for volatile crude palm oil (CPO) prices, leaving producers struggling to meet costs and incentivizing violations.

March 20, 2025

West Sumatra Deputy Governor Vasko Ruseimy and and Indonesian Young Entrepreneurs Association (HIPMI) Chair Akbar Buchari visited the construction site of Basko City Mall in Kuranji District, Padang City, West Sumatra Provice to monitor its progress. Basko City Mall is planned to be a modern shopping center that is expected to have a positive impact on the regional economy and attract more investors.

March 20, 2025

Thomas “Tom” Trikasih Lembong, former trade minister during the first term of former president Joko “Jokowi” Widodo, is standing trial at the Jakarta Corruption Court on charges related to alleged embezzlement of state funds with regard to raw sugar imports. However, given Tom's support for the opposition candidate Anies Baswedan in the 2024 presidential race, suspicions have arisen that the case has been orchestrated to limit the opposition and even to prevent the emergence of a potential challenger in the next election.

March 19, 2025

Indonesia in 2024 held a series of elections that went off relatively peacefully and saw large voter turnout to give popular legitimacy to those in power today, yet the country saw its ranking in the global democracy index decline last year.

March 18, 2025

President Prabowo Subianto has determined several National Strategic Projects (PSN) that will be accelerated over the next five years. This policy is stipulated in Presidential Regulation (Perpres) No. 12/2025 on the 2025-2029 National Medium-Term Development Plan (RPJMN), which was signed on Feb. 10, 2025.