Investment and Risk

Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.

Danantara - image source: money.kompas.com

Danantara asked to prioritize real sector, strategic industries to boost economy

Indonesia’s sovereign wealth fund BPI Danantara is suggested to focus on long-term, real sector investments to maximize its contribution to national economic growth as the fund's strength lies not only in the volume of capital raised, but also in how strategically that capital is deployed.

Indonesia-U.S. agree to intensify reciprocal tariff talks ahead of August 1 deadline

Indonesia and the United States have agreed to intensify negotiations over reciprocal tariffs in the coming three weeks, following a high-level meeting between Coordinating Minister for the Economy Airlangga Hartarto and U.S. Secretary of Commerce Howard Lutnick, along with U.S. Trade Representative Ambassador Jamieson Greer.

Govt sets up investment desk in Batam to accelerate investment realization

In an effort to accelerate investment realization and boost economic growth, the Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) has established an Investment Desk in Batam’s Free Trade and Port Zone (KPBPB). 

Danantara injects US$405 million into Garuda Indonesia

State-owned investment management agency Daya Anagata Nusantara (BPI Danantara), through its subsidiary PT Danantara Asset Management, has extended a US$405 million (Rp6.65 trillion) shareholder loan to national flag carrier Garuda Indonesia, aimed at accelerating the airline's long-term transformation and performance recovery strategy.

NorthstarGroup

Northstar-Ares merger flags concerns over foreign gains: Market analyst

A merger between venture capital firm Northstar Group and U.S.-based investment giant Ares Management Corp. has rekindled scrutiny over previous high-profile investment maneuvers in Indonesia.

Indonesia launches its largest integrated solar panel factory in Kendal

Indonesia inaugurated on Thursday, June 19, 2025 its largest and first integrated solar cell and module manufacturing facility, PT Trina Mas Agra Indonesia (TMAI), located in the Kendal Industrial Park, Central Java.

doc: Pemkab Kebumen

UNESCO status halts Medco’s cement plant project in Kebumen

Following the recent designation of Kebumen in Central Java as a UNESCO Global Geopark, Medco Group’s subsidiary PT Semen Gombong has formally canceled its plans to develop a cement factory in the regency. 

Instagram

Sri Mulyani highlights US$625 B infrastructure funding gap, Danantara touted as solution

Indonesia faces a massive funding gap in its bid to develop infrastructure by 2029, requiring a total of US$625.37 billion (Rp10,154 trillion) to meet national development goals, said Minister of Finance Sri Mulyani Indrawati.

Corporate Affairs

Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.

Hashim Djojohadikusumo - image source: Katadata

Hashim Djojohadikusumo inaugurates two green factories in Sumatra

Business tycoon Hashim Djojohadikusumo recently launched two environmentally friendly factories under Arsari Group, marking a significant step in sustainable industrial development in Sumatra.

Herman Tanoko - image source: Antara/Muhammad Heriyanto

Tycoon Hermanto Tanoko plans for chemical sector IPO, eyeing market expansion

Businessman Hermanto Tanoko has revealed plans for a new corporate breakthrough, announcing that one of his companies in the chemical sector is preparing for an initial public offering (IPO) on the Indonesia Stock Exchange (IDX).

Pandu Sjahrir - image source: Katadata/Fauza Syahputra

Danantara to consolidate 889 SOEs under one command to accelerate nat’l growth

Chief Investment Officer (CIO) of Indonesia’s sovereign investment agency BPI Danantara, Pandu Sjahrir, has revealed the agency’s plan to consolidate 889 state-owned enterprises (SOEs) into a streamlined structure under a single command aimed at reducing the current number of SOEs to around 200, simultaneously allowing for tighter coordination and stronger national synergy.

Chandra Asri - image source: TrenAsia/ Panji Asmoro

Chandra Daya's IPO oversubscribed 400 times, draws over Rp30T in investor funds

The initial public offering (IPO) of PT Chandra Daya Investasi (CDIA) has drawn overwhelming investor interest, with subscriptions oversubscribed more than 400 times, securing over Rp30 trillion (US$1.8 billion) in incoming funds − far exceeding the company's initial target of Rp2.37 trillion.

RI-U.S. ink US$34 B trade deals amid push for balanced economic partnership

Indonesia and the United States signed commercial agreements of US$34 billion in agriculture and energy sectors during a series of high-level business meetings in Washington, D.C., signaling growing momentum in advancing bilateral Comprehensive Strategic Partnership.

Shipping firm PSAT to launch IPO on July 8 amid strong investor demand

PT Pancaran Samudera Transport (PSAT), a coal shipping and marine logistics company, is set to debut on the Indonesia Stock Exchange (IDX) on July 8, 2025, through an Initial Public Offering (IPO) of 222.35 million new shares, equivalent to 15 percent of the company’s enlarged issued and paid-up capital post-IPO.

Harita Nickel supports local economy through downstreaming, ESG practice

Mining company Harita Nickel’s operations in South Halmahera is determined to  drive inclusive economic growth, providing over 22,000 jobs − 45 percent of which go to local residents in North Maluku − and transform previously unvalued nickel ores into high-value materials essential for electric vehicle (EV) batteries.

Puspen

SOE Minister replaces Bulog CEO after four months in office

State-Owned Enterprises (SOEs) Minister Erick Thohir has replaced Novi Helmy Prasetya as president director of state logistics agency Perum Bulog, only four months after his appointment.

Indo Defense 2025

Profiles

Unveil the stories of influential figures transforming Indonesia’s industries, economy, and political landscape.

  • Sofyan Djalil - image source: Kementerian ATR

    Sofyan Djalil

    Sofyan A. Djalil was born in 1953 in Aceh. Djalil is the Minister of Agrarian and Spatial Planning of Indonesia. He was a very persistent person at a young age to reach his goals, that persistence made him successful in studying at the University of Indonesia (UI). At UI, he studied Business Law and graduated in 1984. He then met his future wife, Dr. Ir. Ratna Megawangi, M.Sc. and has 3 children.

  • Siti Nurbaya Bakar - image source: Liputan6.com/Angga Yuniar

    Siti Nurbaya Bakar

    Siti Nurbaya Bakar was born in 1956 in Jakarta to Mochamad Bakar and Sri Banon. She is the current Minister of Environment and Forestry. Her father is a retired Betawi Police officer and his mother is from Lambung. Siti is married to Rusli Rachman and has two children: Meitra Mivida NR and Ananda Tohpati.

  • Sandiaga Uno - image source: sandiuno.com

    Sandiaga Uno

    Sandiaga Salahuddin Uno was born in 1969 in Riau, Indonesia. Uno is the current Minister of Tourism and Creative Economy. During his childhood, he met with Erick Thohir and was in the same elementary school as a schoolmate. Sandiaga Uno was an undergraduate of Wichita State University in the United States, he graduated with a cum laude. He continued his university education in the United States at George Washington University in 1990 after receiving a paid scholarship from William Soerjadjaja and graduated with an MBA in 1992 and a GPA 4.00. 

  • Sakti Wahyu Trenggono - image source: Merdeka/ Arie Basuki

    Sakti Wahyu Trenggono

    Wahyu Sakti Trenggono was born in Semarang in 1962, He is the current Minister of Maritime Affairs and Fisheries. Trenggono is a person who focuses on business development. He attended a bachelor's degree in Industrial Engineering at the Bandung Institute of Technology in 1986, after which he continued his Masters in Management at the Bandung Institute of Technology.

  • Ridwan Kamil - image source: Voi.id/Ilham

    Ridwan Kamil

    Mohammad Ridwan Kamil called Kang Emil or Ridwan was born in Bandung in 1971. Kamil is the Governor of West Java since 2018. He is the son of a husband and wife Dr. Atje Misbach, S. H. and Dra. Tjutju Sukaesih. Ridwan is the second of five children. Ridwan has a family, he is married to Atalia Praratya Kamil and has children Camillia Laetitia Azzahra and Emmiril Khan Mumtadz.

Investigations

Deep dives into hidden truths, exposing the scandals and secrets that shake the foundations of business and governance.

Istimewa

Young diplomat found dead under suspicious circumstances in Jakarta

A 39-year-old junior diplomat at the Ministry of Foreign Affairs, Arya Daru Pangayunan, was found dead under suspicious circumstances in his rented room in Menteng, Central Jakarta, on Tuesday morning, July 8, 2025, sparking shock and grief among Indonesia’s diplomatic community.

Gunung Rinjani Image souce akun X @ulielz

Brazilian hiker found dead on Mount Rinjani, evacuation underway

The National Search and Rescue Agency of Indonesia (Basarnas) has confirmed that Juliana DSPM, a Brazilian national reported missing while hiking Mount Rinjani in Lombok, West Nusa Tenggara was found dead at a depth of 600 meters on Tuesday evening, June 24, 2025 after intensive operations by a joint SAR team.

KPPU warns of law violation in potential Grab-GoTo merger

Indonesia’s Business Competition Supervisory Commission (KPPU) has issued a public warning regarding the potential merger between tech giants Grab and GoTo, emphasizing the importance of compliance with national competition laws.

Bakamla foils tin ore smuggling attempt in Lingga Islands waters

The Indonesian Maritime Security Agency (Bakamla) has intercepted a wooden vessel suspected of smuggling tin ore without proper documentation in the northern waters of the Karimata Strait, near Lingga Island, Riau Islands Province, on Friday, April 25, 2025.

Armed separatist group claims execution of 11 Indonesian gold miners in Papua

The West Papua National Liberation Army (TPNPB) has claimed responsibility for the execution of 11 illegal gold miners in Yahukimo, Papua, while alleging the casualties  as soldiers disguising themselves as gold miners in a mission to infiltrate their operational areas.

Pemerintah Pulangkan 554 WNI Korban TPPO di Myanmar

More Indonesians evacuated from Myawaddy, after 400 others in 1st attempt

The Indonesian Ministry of Foreign Affairs’ Task Force for the Protection of Indonesian Citizens Abroad, in collaboration with the Indonesian Embassies in Bangkok and Yangon, evacuated 169 more Indonesian citizens from Myawaddy, Myanmar on Tuesday, March 18, 2025.

Benih Lobster image source: Mongabay

Indonesian Coast Guard foils smuggling of 60,000 baby lobsters

The Indonesian Coast Guard (Bakamla) intercepted an attempted smuggling of 60,000 baby lobsters in the waters near D Island, Thousands Island regency, Jakarta, on Tuesday, March 11, 2025. 

Top officials, business partners named suspects in Pertamina graft scandal

The Attorney General's Office (AGO) has named seven individuals − four are top officials within PT Pertamina Group and the other three are business partners − as suspects in a corruption case related to mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.

Politics

Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.

Maman Abdurrahman - image source: Golkarpedia

Minister denies misuse of state facilities amid wife’s Europe trip controversy

Social media has been abuzz following the circulation of an official letter from Indonesia’s Ministry of Cooperatives and Small and Medium Enterprises (MSMEs) requesting Indonesian embassies in several European cities to provide assistance for the wife of Minister Maman Abdurrahman during her personal trip.

Istimewa

Legislators grill Culture Minister over 1998 sexual violence remarks

A House of Representatives (DPR) hearing on July 2, 2025, saw a heated verbal clash between PDI-P lawmaker Mercy Chriesty Barends and Culture Minister Fadli Zon over the minister’s controversial comments denying mass rapes during the 1998 riots.

ESDM minister appoints two senior officials at law enforcement directorate general

The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, appointed two senior officials in a ceremony held at the Chairul Saleh Building, ESDM Ministry headquarters in Jakarta on Wednesday, June 25, 2025. 

dok: Setpres

President Prabowo resolves Sumatra islands dispute in Aceh's favor

President Prabowo Subianto has ruled that the four contested islands in northern Sumatra will fall under the administrative jurisdiction Aceh Province in a decisive move to resolve a prolonged territorial dispute.

Bima Arya Sugiatro - image source: Jatiminstitute

Indonesia weighs 1956 law, Helsinki Accord to resolve Aceh–North Sumatra dispute

The Ministry of Home Affairs is considering invoking Law No. 24/1956 and the 2005 Helsinki Peace Agreement as legal and political references in the ongoing territorial dispute between Aceh and North Sumatra over four contested islands.

soemitro-djojohadikusumo

“Sumitronomic” still relevant amid today’s challenges: Experts

Experts have emphasized that the economic framework developed by Prof. Soemitro Djojohadikoesoemo − known as “Sumitronomic” − is still relevant amid today’s global geopolitical and economic challenges.

PSSI - image source: Most1058

President Prabowo named Honorary Councilor of PSSI

President Prabowo Subianto has agreed to become an Honorary Councilor of the Football Association of Indonesia (PSSI), said PSSI Chairman Erick Thohir. 

PKS - image source: PKS

Almuzzammil Yusuf appointed as new PKS President for 2025–2030 term

The Prosperous Justice Party (PKS) has announced its new national leadership for the 2025–2030 term, following the First Syura Council Deliberation held in Jakarta on June 3-4, 2025. 

Capitol Influence and Lobbying

Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.

Indonesia asked to overhaul negotiation strategy amid tariff dispute with U.S.

Indonesia must abandon its outdated and fragmented approach to international trade negotiations if it hopes to secure significant tariff reductions from the United States, according to Achmad Nur Hidayat, an economist and public policy expert at the National Development Veteran University Jakarta.

Indonesia-U.S. agree to intensify reciprocal tariff talks ahead of August 1 deadline

Indonesia and the United States have agreed to intensify negotiations over reciprocal tariffs in the coming three weeks, following a high-level meeting between Coordinating Minister for the Economy Airlangga Hartarto and U.S. Secretary of Commerce Howard Lutnick, along with U.S. Trade Representative Ambassador Jamieson Greer.

OIC Logo

Indonesia calls for OIC to be firmer on Palestine, multilateral reform

Indonesian Foreign Minister Sugiono asked the Organization of Islamic Cooperation (OIC) to adopt a firmer and more assertive stance in defending international law and revitalizing multilateralism during the 51st OIC Council of Foreign Ministers in Istanbul on Saturday, June 21, 2025.

President Prabowo Subianto at Spief 2025

President Prabowo calls for strategic collaboration at SPIEF 2025

President Prabowo Subianto emphasized the importance of strategic collaboration and reaffirmed Indonesia’s commitment to an independent and active foreign policy during his address at the plenary session of the St. Petersburg International Economic Forum (SPIEF) 2025 on Friday, June 20, 2025.

Presiden Prabowo dan Presiden Putin.

Indonesia-Russia strategic MoU exchange, a new phase in partnership

Indonesia and Russia sealed a number of agreements in a ceremony held at the Konstantinovsky Palace, St. Petersburg, on Thursday, June 19, 2025, opening a new chapter in bilateral partnership, spanning across education, transport, digital development, and strategic investment.

President of the Republic Indonesia, Prabowo Subianto arrives at Pulkovo International Airport, St. Petersburg

Prabowo arrives in St. Petersburg for talks with Putin, attending SPIEF 2025

President Prabowo Subianto arrived in St. Petersburg, Russia, on Wednesday evening, June 18, 2025, for a visit at the invitation of Russian President Vladimir Putin, which is part of the efforts to bolster strategic partnership between Indonesia and Russia and his participation in the 2025 St. Petersburg International Economic Forum (SPIEF).

Sugiono

Indonesia, Russia reinforce ties ahead of Prabowo’s Russian visit

Indonesia and Russia have reaffirmed their commitment to deepen bilateral ties across political, economic, and strategic fronts, as Foreign Minister Sugiono met with Russian Foreign Minister Sergey Lavrov in Moscow on Monday, June 16, 2025 ahead of President Prabowo Subianto’s upcoming state visit to Russia.

Indonesia calls for restraint, seeks de-escalation in Iran-Israel conflict

Indonesia expresses deep concern over the escalating conflict between Iran and Israel, urging all parties to exercise restraint to avoid further deterioration of regional stability.

Geopolitics and Diplomacy

Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.

Eddy Purwanto

U.S. delays 32% import tariffs on Indonesia following high-level talks

The United States has agreed to delay the implementation of a 32 percent reciprocal import tariff on Indonesian products, following intense economic diplomacy led by Coordinating Minister for the Economy Airlangga Hartarto.

President Prabowo Subianto and President of the European Council, António Costa

Indonesia-EU reach agreement on landmark CEPA trade deal

The European Union and Indonesia have reached an agreement on the long-awaited Comprehensive Economic Partnership Agreement (CEPA), marking a historic milestone in bilateral relations and paving the way for the deal’s finalization by September 2025.

Zoom Meeting

U.S. shows interest in advancing partnerships in critical minerals sector: Airlangga

Coordinating Minister for the Economy, Airlangga Hartarto, said that the United States has expressed strong interests in Indonesia’s critical minerals sector in view of the country’s vast reserves of the currently most sought-after industrial commodity.

Menlu Sugiono image source: diaspora.id

Indonesia calls for stronger East Asia Summit role in promoting peace

Foreign Minister Sugiono asked East Asia Summit (EAS) countries to take a stronger stance in upholding humanity and international principles amid rising geopolitical tensions and global economic uncertainty.

BKF

Lawmakers urge investment diplomacy as Trump slaps 32 percent tariffs on RI goods

The House of Representatives (DPR) has responded to U.S. President Donald Trump’s decision to impose a 32 percent import tariff on Indonesian products by urging the government to pursue strategic investment diplomacy, particularly by offering to establish manufacturing operations within the United States.

President Prabowo Subianto & President Luiz Inácio Lula da Silva

Prabowo pushes for sped up cooperation in agriculture, energy, defense with Brazil

President Prabowo Subianto on Wednesday, July 9, 2025, emphasized the importance of accelerating concrete cooperation between Indonesia and Brazil, particularly in the fields of agriculture, clean energy, and defense. 

ASEAN FMs emphasize unity, Myanmar crisis, regional security in KL Meeting

Foreign Ministers from ASEAN member states reconvened on July 9, 2025 at the ASEAN Foreign Ministers’ Retreat (AMM Retreat) in Kuala Lumpur to discuss pressing regional issues, with a strong emphasis on unity, the protracted Myanmar crisis, and emerging security threats in Southeast Asia.

Sugiono reaffirms ASEAN’s commitment to nuclear weapon-free SE Asia

Foreign Minister Sugiono reaffirmed ASEAN’s commitment to maintaining Southeast Asia as a nuclear weapon-free zone amid growing global nuclear risks in his address to the Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ) Commission Meeting, during the 58th ASEAN Foreign Ministers’ Meetings and Post-Ministerial Conferences (AMM/PMC) in Kuala Lumpur, Malaysia.

National Resilience

The nation’s ability to manage and recover from challenges is evaluated through its strategies in food security, defense, and energy preparedness. This section assesses Indonesia’s effectiveness in tackling crises and ensuring national resilience.

Government
Financial
Food Security
Agriculture

1 Amran seeks budget hike to US$2.79 B to gain food self-sufficiency, boost strategic plantations

Energy Security
Geothermal Project
Renewable Energy
Green Energy
Net Zero Emission

2 Prabowo inaugurates Rp25 trillion renewable energy projects across 15 provinces

Diplomacy
Infrastructure
National Resilience
Collaboration

3 RI urges climate-resilient urban financing, global collaboration at BRICS Forum

Diplomacy
Forum
National Resilience
Housing
Infrastructure

4 Indonesia pushes climate-resilient housing fund at BRICS urbanization forum

Carole Gall - image source: Exxonmobil

Cyber and Espionage

Step into the shadowy world of cyber threats, espionage, and national security in the digital age.

Financial Crimes

A chilling look into the underworld of corruption, illicit wealth, and shadow economies.

  • Made by AI

    AGO proceeds into uncovering Riza Chalid's role in Pertamina scandal

    The Attorney General’s Office (AGO) has named businessman Muhammad Riza Chalid (MRC), the beneficial owner of PT Orbit Terminal Merak (OTM), as a suspect in the ongoing investigation into a major corruption scandal involving the mismanagement of crude oil and refinery products at state-owned energy PT Pertamina from 2018 to 2023.

  • Made by AI

    “Gasoline Godfather” among nine new suspects in Pertamina oil trading graft

    The Attorney General’s Office (AGO) has named nine individuals as new suspects in a sweeping corruption investigation into the mismanagement of crude oil and refined fuel trading at State energy company PT Pertamina, its subsidiaries, and several oil contractors between 2018 and 2023.

  • IBP_media

    Nine more suspects named in Pertamina oil trade scandal, including Riza Chalid

    The Attorney General’s Office (AGO) has named nine new suspects in the widening corruption investigation into the mismanagement of crude oil and refined product trading at State energy giant PT Pertamina and affiliated contractors between 2018 and 2023.

  • Beritasatu.com

    Former prosecutor jailed for embezzling Rp11.7 B in robot trading fraud case

    Former prosecutor at the West Jakarta District Attorney Office, Azam Akhmad Akhsya, has been sentenced to seven years in prison after being found guilty of embezzling Rp11.7 billion (US$700,000) in evidence money from a fraudulent investment case involving the Fahrenheit trading robot platform. He was also fined Rp250 million, with a subsidiary sentence of three months in jail if the fine is not paid.

Hidden Truths

Expose the hidden realities and untold stories that reveal the deep-rooted, shadowy forces shaping Indonesia’s narrative.

Society, Environment & Culture

Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.

Energy and Resources

Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.

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