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Patrick Walujo has stepped down as CEO of GoTo Gojek Tokopedia Tbk (GoTo), a move that appears to open the way for accelerated acquisition talks with Grab. Several major GoTo backers—including SoftBank, Provident, and Peak XV—were reported to have pushed for his removal, believing he had resisted the proposed takeover. The company has since announced its chief operating officer, Hans Patuwo, as the leading candidate to replace Patrick. The leadership transition comes at a sensitive moment for GoTo, amid persistent merger rumors that have reportedly drawn the attention of the Palace.
As the current administration continues its crackdown on financial crimes during President Prabowo Subianto 's first year in office, the corruption investigation targeting Victor Hartono, executive director of private tobacco giant PT Djarum, remains one of the most significant cases mounted by the Attorney General's Office (AGO).
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.
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.
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.
