Nadiem Anwar Makarim Faces Demand Reading in Rp2.18 Trillion Chromebook Corruption Case, Transitioned to House Arrest

JAKARTA – Former Minister of Education, Culture, Research, and Technology, Nadiem Anwar Makarim, is set to face the reading of the prosecutor’s demands in a high-profile corruption case involving the…

Pembangunan Jaya Ancol Unveils Ambitious Five-Year Property Expansion, Targeting Trillion-Rupiah Revenue

PT Pembangunan Jaya Ancol (PJA), the state-owned enterprise primarily known for managing Jakarta’s sprawling recreational complex, has embarked on an ambitious five-year strategic initiative to significantly expand its property development…

Xpeng CEO Forecasts the Emergence of Five Chinese Automotive Giants Dominating Global Markets with Trillion-Yuan Revenues

The landscape of the global automotive industry is on the verge of a seismic shift, according to He Xiaopeng, the Chairman and CEO of Xpeng Motors. In a recent high-profile…

Government Intensifies Efforts for One Million Houses Program, Securing Rp 1.5 Trillion Loan from SMF to BTN

The Indonesian government is mobilizing all available resources to ensure the successful implementation of the ambitious One Million Houses Program, a flagship initiative aimed at addressing the nation’s persistent housing…

China Launches Massive Tourism Promotion Campaign with $2.2 Trillion Yuan in Subsidies

The Ministry of Culture and Tourism of China has announced a substantial investment of over 1 billion yuan, equivalent to approximately $140 million USD (converted at an approximate rate of…

Government Rallies All Resources for One Million Houses Program, Bolstered by Rp 1.5 Trillion SMF-BTN Financing Deal

The Indonesian government is intensifying its commitment to address the nation’s persistent housing deficit, particularly for low-income communities, by mobilizing all available resources to accelerate the ambitious One Million Houses…

IHSG Closes Strong Week with 2.35% Gain Despite Significant Foreign Outflows of Rp1.6 Trillion

The Jakarta Composite Stock Price Index (IHSG) concluded the trading week ending Friday, April 17, 2026, on a positive note, posting a marginal gain of 0.17% to close at 7,634.004.…

The Silent Crisis of Indonesias Slow Loris Tackling Illegal Trade Biological Mutilation and the Multi Trillion Rupiah Shadow Market

The illegal wildlife trade remains one of the most significant threats to Indonesia’s rich biodiversity, with the slow loris—a small, nocturnal primate known locally as the kukang—bearing the brunt of…

Indonesia Unveils Ambitious Rp 239 Trillion Downstreaming Expansion and Accelerated Energy Transition Plan

The Indonesian government is intensifying its commitment to value-added management of natural resources, with President Prabowo Subianto announcing an additional 13 downstreaming projects totaling an estimated Rp 239 trillion (approximately…

Indonesia Secures Pivotal Role in the Trillion-Rupiah Global Flip-Flop Industry

What might appear as a humble, inexpensive, and ubiquitous item of daily footwear—the flip-flop—belies its true significance within a burgeoning global industry that commands serious economic attention. Far from being…

Waskita Karya (WSKT) Records Robust Rp 8.85 Trillion Revenue in 2025 Amidst Strategic Turnaround and Digital Transformation

Jakarta, CNBC Indonesia – PT Waskita Karya (Persero) Tbk (WSKT), one of Indonesia’s leading state-owned construction companies, reported a significant consolidated revenue of Rp 8.85 trillion for the fiscal year…