Politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
SOEs' subsidiaries continued to be IPOed, privatized amidst controversy
Several Indonesian state-owned enterprises (SEO) will go public in the next few years, according to a senior official. These SEOs include Inalum Operating, a subsidiary of state-owned mining company MIND ID, PT Pertamina Bina Medika (Pertamedika IHC), Pertamina Geothermal Energy, and several subsidiaries of Indonesia's state-run telecommunications company PT Telkom.
McMoran still controls Freeport Indonesia despite country's majority share
Despite the fact that the Indonesian government has acquired 51% of the gold and copper mining company PT Freeport Indonesia (PTFI), the control of the operation and the management of the company is still dominated by US shareholder Freeport McMoran.
Jokowi announces new trade, agrarian ministers as reshuffle deemed transactional politic
Indonesian President Joko "Jokowi" Widodo announced today June 15, 2022, a minor cabinet shake-up, a move that economists and political analysts see as transactional rather than an evaluation of his aides' performances.
Clouds hang over Indonesia new capital city despite government's strong commitment
The mega project of building Indonesia's new capital city in East Kalimantan is underway as the government has shown its strong commitment. However, many have doubted that the US$32 billion project would be materialized.
PP-Elnusa sign contract on Cisem gas pipeline
A joint operation of state owned construction firm PT Pembangunan Perumahan (PP) and publicly listed oil and gas service provider PT Elnusa won the IDR1.7 trillion bid from the Energy and Mineral Resources Ministry on the construction of the Cirebon-Semarang (CISEM) natural gas pipeline.
Global regulation of carbon market unfair: Investment minister
Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said the global regulation of the carbon market was unfair, considering the comparison between developed and developing countries in applying the regulation.
Indonesia Investment Authority secures IDR300 trillion in investment commitments
Indonesia Investment Authority (INA) has shown a strong performance in its maiden year of operation, securing around IDR300 trillion in investment commitments for 2021 in transportation, logistics, maritime, and digital infrastructure.
Chinese investors pour in billions of dollars to Indonesia's digital market
In recent years, Chinese investors and venture capital firms have invested billions of dollars in Indonesian start-ups and unicorns such as Tokopedia, Gojek, Bukalapak, and Traveloka.
Businesses complain on bribery, conflict of interest in Indonesia
Businesspeople and investors continue to complain on rampant bribery practices and conflicts of interest within the Indonesian government.
Indonesia deploys its diplomatic resources to ensure G20 Summit success
Indonesia has mobilized its diplomatic resources to ensure that all member countries, including Russia, and guests, including Ukraine, will attend the G20 Summit despite boycott threat from the West. The outcome of the diplomacy cannot be predicted at this time, despite the efforts.
Discord inside Papua freedom movement hampers unity
Over the years, anti-independence movements in Papua have attempted to unite a movement divided by strategy, personal interests and competition among various factions, However, a recent conflict showed that it needed more efforts to do so.
Huawei expands in Indonesia despite security concerns
Chinese telecommunication company Huawei Technologies Co. Ltd. is gaining traction in Indonesia despite concerns regarding its possible surveillance and intelligence purposes.