Unstable data delays January 2025 State Budget performance revelation
The Ministry of Finance has eventually revealed the performance of the January 2025 State Budget (APBN) after postponing it for a month.
February 2025 State Budget deficit reaches Rp31.2 T, revenue drops by 20 percent
The Ministry of Finance noted that the State Budget (APBN) deficit in February 2025 reached Rp31.2 trillion (US$1,9 billion) or equivalent to 0.13 percent of Gross Domestic Product (GDP), wider than the January 2025 deficit which was recorded at Rp23.5 trillion (US$1,4 billion) or 0.10 percent of GDP.
Subscribe for Free
Recent News
-
Study highlights peatland flood risks in Indonesia
Flooding has emerged as a severe environmental threat due to the ongoing degradation of Indonesia’s peatland ecosystems, with a newly launched study, Sinking Wetlands, by Pantau Gambut, sheds light on the alarming flood risks faced by Peat Hydrological Units (KHG) across three major regions − Sumatra, Kalimantan, and Papua.
-
PGN anticipates profit margin impact from extended gas price policy in 2025
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has revealed the impact of the extension of the Specific Natural Gas Price (HGBT) program in 2025.
-
Indonesia accelerates oil production, refinery expansion to boost energy security
The government is determined to increase national oil production and construct refineries with a total capacity of one million barrels per day amidst the downward trend in oil and gas lifting in recent years.
Investment and Risk
Get the latest business insights and discover high-potential opportunities in emerging markets that are redefining Indonesia’s economic landscape.
Indonesia targets 28 percent increase in renewable energy investment for 2025
Director General of New, Renewable Energy and Energy Conservation (EBTKE) at the Ministry of Energy and Mineral Resources (ESDM), Eniya Listiani Dewi, said the government has set the target for investment in new, renewable energy (EBT) in Indonesia to increase by 28 percent in 2025.
RI eyes US$49B investment in food downstreaming to boost economy, cut imports
Minister of Agriculture, Amran Sulaiman, has revealed of Rp802.58 trillion (US$49 billion) investment opportunity in the food downstreaming program for 11 commodities, with initial project focusing on developing seven commodities of around Rp406 trillion investment.
TSE Group builds first biogas plant in South Papua
Tunas Sawa Erma (TSE) Group, a company engaged in the palm oil sector, is building the first biogas plant in South Papua as part of an effort to reduce carbon emissions and support the green energy transition.
Indonesia pushes CCS development as key to energy security, decarbonization
Indonesia is positioning itself as a leader in Carbon Capture and Storage (CCS) technology, with strong regulatory support and growing industry collaboration, an energy expert says.
Indonesia poised to lead regional CCS initiative: Expert
Indonesia has the potential to lead in Carbon Capture and Storage (CCS) technology in the Asia-Pacific region, with significant geological advantage of having an estimated storage capacity of up to 603 gigatons of carbon dioxide beneath its surface, an Expert says.
Danantara prepares funding as government to execute 21 strategic projects
The government will soon execute 21 strategic projects on energy, agriculture, fisheries, and forestry sectors down streaming with an investment value of US$40 billion through funds to be provided by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara).
Government plans coal-to-DME project, but funding risks raise concerns
The government plans to carry out a coal gasification project into dimethyl ether (DME) in three different locations in Sumatra and Kalimantan with the potential funding by the Daya Anagata Nusantara Investment Management Agency (BPI Danantara).
Bakrie Group considers share buyback to boost market confidence
President Director of PT Bakrie & Brothers and President Commissioner of PT VKTR Teknologi Mobilitas, Anindya Novyan Bakrie, said that Bakrie Group is considering carrying out a buyback or repurchase of a number of company shares that have been released to the public.
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.
BCA announces changes in top executive, oversight commission posts
PT Bank Central Asia (BCA) has formally appointed outgoing President Director Jahja Setiaatmadja as the company’s President Commissioner, replacing Djohan Emir Setijoso, while naming Gregory Hendra Lembong to fill in the post left by Jahja.
MIND ID wins Best Syndicated Loan Deal Southeast Asia Award
Indonesian state-owned mining holding company MIND ID has been awarded the prestigious Best Syndicated Loan Deal Southeast Asia/APAC/Indonesia by FinanceAsia at the FinanceAsia Achievement Awards 2024 in Hong Kong.
PT Sritex seeks new investors to avert bankruptcy: Manpower Minister
Minister of Manpower, Yassierli said that the curator team of textile company PT Sritex is looking for new investors to save the company from bankruptcy.
MIND ID strengthens women empowerment in the mining industry
State-owned mining holding company, MIND ID, has reaffirmed its commitment to strengthening women empowerment in the mining industry in line with the International Women’s Day celebration on March 8, 2025 and the Women’s Empowerment Principles (WEPs), launched by UN Women and the UN Global Compact to promote gender equality in the workplace.
Macmahon appointed as underground mining contractor for Poboya Gold Project
Mining company PT Bumi Resources Minerals (BRMS), through its subsidiary PT Citra Palu Minerals (CPM), has appointed Macmahon Indonesia as the underground mining contractor for its Poboya Gold Project in Palu, Central Sulawesi.
Indonesia Airlines to operate soon, focusing on international flights
A new airline, PT Indonesia Airlines Group (INA), a subsidiary of Calypte Holding Pte. Ltd., will soon start operating in Indonesia, with base at the Soekarno-Hatta Airport, Tangerang, Banten, and only serving international flights.
Semen Baturaja supports energy transition through AFR utilization
PT Semen Baturaja (SMBR), a subsidiary of State-owned cement producer PT Semen Indonesia, supports the transition to New Renewable Energy (EBT) through the utilization of Alternative Fuel & Raw Material (AFR), a measure taken to reduce industrial waste while increasing energy efficiency in cement production.
Workers stage protest, demand severance pay, holiday allowance for laid-off Sritex employees
Thousands of workers are set to launch a series of protests in front of PT Sritex factory in Sukoharjo, Central Java, and the MInistry of Manpower in Jakarta from March 10 to March 15, 2025, as a show of solidarity for Sritex workers who were laid off in what is claimed to be illegal termination.
Opinion and Editorial
Bold opinions and cutting-edge perspectives from thought leaders on the burning issues of our time.
Balancing strategies for Indonesia's beef and milk self-sufficiency
Profiles
Unveil the stories of influential figures transforming Indonesia’s industries, economy, and political landscape.
-
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
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
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
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
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.
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.
Police raise sea barrier case status in Tangerang to “comprehensive investigation”
The National Police’s Directorate of General Crimes Investigation has raised the status of the 30-kilometer sea barrier case of Tangerang waters in Banten Province from preliminary investigation (penyelidikan) to comprehensive investigation (penyidikan) on Tuesday, February 4, 2025.
Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
Who is the New CEO of MIND ID? His Career in Freeport, brother of Indonesia's Minister of Defense
The Indonesian government has appointed Maroef Syamsudin as the new CEO of state-owned mining holding company MIND ID, replacing Hendi Prio Santoso. Lawmakers and industry experts have emphasized that the decision falls entirely under the Ministry of State-Owned Enterprises (BUMN)'s authority.
PDI-P clarifies on cadres’ presence at Regional heads retreat
The Indonesian Democratic Party of Struggle (PDI-P) has clarified that its cadres’ participation at the regional head retreat, which is currently underway at the National Military Academy in Magelang, Central Java, is still within the knowledge of party chair Megawati Soekarnoputri.
Prabowo vows to bow out of 2029 presidential race if his performance falls short
President Prabowo Subianto says that he will not run in the 2029 presidential election if he considers his performance disappointing and that he would feel ashamed if he is unable to carry out the people's mandate.
President appoints Maruarar to chair Tapera Committee
President Prabowo Subianto has appointed Minister of Housing and Residential Areas Maruarar Sirait as Chair of the Public Housing Savings Committee Program (Tapera).
Civil society groups spark nationwide protests against Prabowo's policies, criticizing budget cuts and biasness
Thousands of student protesters, united in a movement dubbed "Dark Indonesia", staged simultaneous rallies in Jakarta and a number of regions in the country on Monday, February 17, 2025, criticizing President Prabowo Subianto-Gibran Rakabuming Raka government’s populist policies, in particular budget efficiency and free nutritious meal (MBG) program.
Jokowi mulls over establishing an open, inclusive political party accessible to all
Former President Joko “Jokowi” Widodo has revealed his political plans for the future, including the possibility of establishing a political party that is very open to everyone.
Deputy for green and digital transformation at IKN Authority resigns
Mohammed Ali Berawi, Deputy for Green and Digital Transformation at the Nusantara Capital City (IKN) Authority has tendered his resignation from his position, which he had held since October 13, 2022.
Prabowo slams “rebellious” bureaucrats over opposition to budget efficiency
President Prabowo Subianto has hinted at the attitude of bureaucrats who oppose the budget efficiency policy of the government, likening them to “little kings” who feel immune to the law and therefore to oppose the head of state's directives.
Capitol Influence and Lobbying
Powerful insights into the key political players pulling the strings behind government decisions and shaping the nation's future.
FM Sugiono meets Thai Ambassador, discuss strengthened bilateral relations
Minister of Foreign Affairs Sugiono met with Ambassador of the Kingdom of Thailand, Prapan Disyatat, at the Indonesian Ministry of Foreign Affairs on Tuesday, March 12, 2025 discussing measures to strengthen bilateral Indonesia-Thailand cooperation in light of the 75th anniversary of diplomatic relations between both nations this year.
Indonesian FM, Malaysian Ambassador push for border negotiation resolution
Indonesian Minister of Foreign Affairs Sugiono met with Malaysian Ambassador to Indonesia, Dato’ Syed Mohamad Hasrin Tengku Hussin, at the Ministry of Foreign Affairs of Indonesia on Tuesday, March 12, 2025 discussing bilateral key issues of progress in border negotiations, economic cooperation, ASEAN affairs, and the Palestine issue.
House calls for strict action on textile import document manipulation case
Deputy Chairman of Trade and State-owned Enterprises Commission III of the House of Representatives (DPR), Dede Indra Permana Soediro, has brought to light the alleged manipulation of import documents − involving misuse of plastic import permits to import textile illegally − that occurred in a bonded warehouse in the Batujajar area, Bandung Regency.
House, govt talk about TNI Law revision, emphasizing retirement age and civilian postings
Defense, foreign affairs, and intelligence Commission I at the House of Representatives (DPR) held a hearingwith Minister of Defense Sjafrie Sjamsoeddin and Minister of Law and Human Rights Supratman Andi Agtas on Tuesday, March 11, 2025, discussing the Draft Law (RUU) on Amendments to Law No. 34/2004 on the Indonesian Military (TNI).
Prabowo gathers conglomerates to boost investment, national development
President Prabowo Subianto summoned a number of conglomerates to the Presidential Palace in Jakarta for a meeting on Friday, March 7, 2025, discussing investment potential with entrepreneurs to government programs.
Malaysia’s Thong Guan Industries confirms US$7 million investment in KIT Batang
Malaysian plastic packaging manufacturers, Thong Guan Industries Bhd., has confirmed its US$ 7 million (Rp115 billion) commitment to invest in the Batang Integrated Industrial Estate (KIT Batang) in Central Java, Indonesia.
Eramet keen in investing in Indonesia’s EV battery ecosystem, downstream processing
French multinational mining and metallurgy company, Eramet, has interest in supporting Indonesia’s Electric Vehicle (EV) battery ecosystem development and downstreaming processing.
Forestry Law revision centers on green energy, indigenous peoples' rights
Revision of the Forestry Law has been included in the 2025 Priority National Legislation Program (Prolegnas) and the main agenda for discussion in Commission IV of the House of Representatives (DPR), with focus on strenthening green energy campaigns and indigeneous peoples’ rights.
Geopolitics and Diplomacy
Explore the global forces shaking the world and their ripple effects on Indonesia’s destiny.
RI-Vietnam elevate ties to comprehensive strategic partnership, target US$18 B trade by 2028
Indonesian President Prabowo Subianto and Secretary General of the Central Committee of the Communist Party of Vietnam (CPV) Tô Lâm have agreed to upgrade bilateral Indonesia-Vienam relations to a Comprehensive Strategic Partnership.
UK-Indonesia strengthen ties with new strategic partnership, green investment
British Ambassador to Indonesia, Dominic Jermey, has emphasized the United Kingdom's (UK) commitment in strengthening strategic relations with Indonesia, marking the year 2025 as an important moment for Indonesia and the UK in building a stronger foundation for cooperation.
Zelensky vs. Trump: The critical minerals showdown
In the intricate world of global geopolitics and geostrategy, few meetings carry the weight of the recent encounter between President Volodymyr Zelensky of Ukraine and U.S. President Donald J. Trump. The high-stake meeting held at the White House on Febrary 28, 2025 unveiled the complex interplay of energy strategy, diplomacy, and national security that shapes our contemporary world.
Indonesia’s role in peace creation, denuclearization on the Korean Peninsula
Indonesia’s foreign policy after the first 100 days of the Prabowo Subianto administration has become a widely discussed issue. As a country that upholds bebas aktif (independent and active) foreign policy, Indonesia is expected to play a strategic role in various global issues, including peace on the Korean Peninsula and North Korea's denuclearization efforts.[1] Unlike the previous administration of President Joko “Jokowi” Widodo, Prabowo’s military background, along with his distinct experience and ambitions, could exert an influence on Indonesia’s approach to security diplomacy and regional stability.
Indonesia-Japan strengthen ties on energy transition, AZEC cooperation
Coordinating Minister for the Economy, Airlangga Hartarto, held a meeting on February 21, 2025 with Tadashi Maeda, Chairman of the Japan Bank for International Cooperation (JBIC) and Takio Yamada, Japanese Ambassador for the promotion of the Asia Zero Emission Community (AZEC), discussing Japan-Indonesia cooperations on energy transition and green economy.
Indonesia-Northern Territory set up partnership on critical mineral supply chain
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is collaborating with the Northern Territory (NT) of Australia in strengthening the supply chain of critical and strategic minerals.
35 French firms explore investment opportunities in Indonesia’s energy sectors
A delegation of 35 French companies, represented by the French Business Confederation (MEDEF International), met with Indonesin Minister of Investment and Downstream Industry, Rosan Perkasa Roeslani, in Jakarta on Tuesday, February 18, 2025 to explore investment opportunities in three key sectors: renewable energy, infrastructure, and decarbonization.
MNEK 2025 monument, symbol of maritime diplomacy and world peace
Navy Chief of Staff Admiral Muhammad Ali inaugurated the Multilateral Naval Exercise Komodo (MNEK) 2025 Monument at Benoa Harbor, Bali, on Tuesday, February 18, 2025.
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.
CEOs and Leaders
A glimpse into the minds of visionary leaders driving corporate giants and redefining success.
Voices and Media
Immersive storytelling and conversations that bring the most critical topics to life through multimedia experiences.
Cyber and Espionage
Step into the shadowy world of cyber threats, espionage, and national security in the digital age.
-
Indonesia participates in AIAS summit 2025 in France
Meutya V. Hafid, Minister of Communication and Digital Application (Komdigi), representing President Prabowo Subianto, is attending the Artificial Intelligence Action Summit (AIAS) Meeting in Paris, France on Monday, February 10-11, 2025.
-
Indonesian banks on alert as hacker bjorka reappears with fresh ransomware attacks
Hacker Bjorka, who shook Indonesia in 2022 and 2023 when the nation had yet to completely free from the Covid 19 pandemic, now returns with an X account revealing that several private and state-owned banks in Indonesia, such as BCA, BNI, BSI, Bank Mandiri and the Central Bank (BI) will be the next targets of ransomware hacker groups.
-
Indonesia-India strengthens cooperation on AI, IoT, digital infrastructure development
The Indonesian and Indian governments have formalized cooperation in the digital sector through the signing of a Memorandum of Understanding (MoU) between the Indonesian Ministry of Communication and Digital (Komdigi) and the Indian Ministry of Electronics and Information Technology.
-
Komdigi-BPPIK team up to eradicate online gambling, focus on IT governance and HR
Minister of Communication and Digital Application (Komdigi) met with Head of the Special Investigation and Development Control Agency (BPPIK) on Thursday, January 9, 2025, discussing the eradication of online gambling, with focus on improving information technology (IT), IT governance, and improving human resources (HR).
-
Indonesia strengthens digital ecosystem with the launch of IIX-JK2 internet exchange
The Indonesian Internet Service Providers Association (APJII) and Bersama Digital Data Center (BDDC) officially launched the Second Indonesia Internet Exchange Jakarta (IIX-JK2) at the newest data center facility, JST1 (Jakarta-South-East-1) in East Jakarta.
-
AI, big data integration support mineral downstreaming, economic diplomacy: Binus
The integration of Artificial Intelligence (AI) and big data is considered an innovative geospatial system that can optimize natural resource management, while strengthening Indonesia's position in the global supply chain, a research by a team of Bina Nusantara University researchers reveals.
Financial Crimes
A chilling look into the underworld of corruption, illicit wealth, and shadow economies.
-
Junior Attorney General reported to KPK over alleged corruption scandals
A civil society anti-corruption coalition has reported Junior Attorney General for Special Crimes at the Attorney General's Office (AGO), Febrie Adriansyah, to the Corruption Eradication Commission (KPK) for a number of alleged corruption cases.
-
Former West Java Governor’s home searched over Bank BJB corruption probe
Investigators of the Corruption Eradication Commission (KPK) searched the house of former West Java Governor Ridwan Kamil (RK) in Bandung, West Java, on Monday, March 10, 2025.
-
WALHI reports 47 cases of mining deforestation to AGO, uncovering US$26.8B in losses
The Indonesian Environmental Forum (WALHI) has reported 47 cases of mining deforestation to the Attorney General's Office (AGO), with potential State losses reaching hundreds of trillions.
-
AGO considers harsher sentences in Rp193.7 trillion Pertamina corruption case
Attorney General ST Burhanuddin has hinted at the possibility of charging suspects in the mismanagement of crude oil and refinery products at State energy company PT Pertamina, its subholdings and contractors (KKKS) in the period of 2018-2023.
Society, Environment & Culture
Unravel the intricate threads of justice, societal transformation, and cultural narratives shaping Indonesian society.
-
Study highlights peatland flood risks in Indonesia
Flooding has emerged as a severe environmental threat due to the ongoing degradation of Indonesia’s peatland ecosystems, with a newly launched study, Sinking Wetlands, by Pantau Gambut, sheds light on the alarming flood risks faced by Peat Hydrological Units (KHG) across three major regions − Sumatra, Kalimantan, and Papua.
-
Indonesian fishing crew still vulnerable to exploitation: ILO Survey
A new survey by the International Labor Organization (ILO) and the National Research and Innovation Agency (BRIN) has revealed that Indonesian fishing crew members continue to face serious labor rights violations, including forced labor, lack of written contracts, excessive working hours, and inadequate access to social protection.
-
Forest conversion causes flood disaster in Jakarta, Bekasi: Forest Watch
Flood that hit Puncak Bogor area in West Java following high intensity rainfalls has disrupted activities and damaged infrastructure in some areas, while its impact spread to Jakarta and Bekasi City due to the overflowing of Ciliwung River, Bekasi River, and Cisadane River, a finding by Forest Watch Indonesia (FWI) reveals.
Energy and Resources
Escape into the world of indulgence, from serene getaways to the cultural riches that refresh the soul.
Read Also
-
Pertamina NRE to build solar panel assembly plant in W. Java, to be operable by 2026
Pertamina New and Renewable Energy (Pertamina NRE), a renewable energy subholding of State energy company PT Pertamina, is currently constructing a solar panel assembly plant through cooperation with a manufacturing company from China in Kota Deltamas, Cikarang, West Java.
-
Expert lends support on Sjafrie Sjamsoeddin appointment as defense minister
The appointment of Lieutenant General (ret.) Sjafrie Sjamsoeddin as defense minister by President Prabowo Subianto will have an impact on the improvement of Indonesia defense capabilities in the medium and long term, a military analyst says.
-
TBS Energi Utama shifts focus to non-coal business
Coal mining company PT TBS Energi Utama Tbk (TOBA), which 9.99% of its shares are owned by Coordinating Maritime Affairs and Investment Luhut Binsar Pandjaitan, is allocating 80%-90% of its Capital expenditure (Capex) for its non-coal business in 2023.
-
EUDR and SVLK: Overlapping regulations strain Indonesian furniture exports
The implementation of the European Union Deforestation Regulation (EUDR) and the Timber Legality Verification System (SVLK) is causing double cost burdens, potentially eroding the competitiveness of Indonesian furniture products.
