16 September 2025 (closed)
Jakarta Composite Index (7,957.70) +20.58 +0.26%
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Below is a list with tagged columns and company profiles.
Latest Reports Corruption
On Wednesday 20 August 2025, Indonesia’s Corruption Eradication Commission (in Indonesian: Komisi Pemberantasan Korupsi, or KPK) detained 14 people and seized 22 luxury vehicles (involving 15 cars and seven motorcycles) as well as a significant amount of cash after a sting operation was conducted.
On 29 August 2025, the benchmark stock index of Indonesia was in deep red territory (after having touched an all-time record high position a day earlier), while the rupiah lost quite some value against the US dollar. Certainly, profit-taking played a key role. However, portfolio investors were particularly interested in profit-taking due to rising political and social chaos across Indonesia.
On 3 September 2025 Indonesia Investments released the August 2025 edition of its monthly report. The report discusses key political, economic and social developments that occurred in Indonesia in the month of August 2025.
On Tuesday 4 June 2024 Indonesia Investments released the May 2024 edition of its monthly report. The report discusses various topics -related to the economy, politics and social matters in Indonesia- that were relevant in the month of May 2024.
On 6 June 2023 Indonesia Investments released the May 2023 edition of our monthly report. The report discusses key economic, political and social issues that impacted on Indonesia in the month of May 2023.
On 22 December 2020 Indonesian President Joko Widodo announced that several ministers in his Onward Indonesia Cabinet (in Indonesian: Kabinet Indonesia Maju) were replaced in order to improve the performance of the cabinet. This message was no surprise as rumors about an upcoming cabinet reshuffle had grown increasingly strong over the preceding week.
Quite similar to the events in Hong Kong – where protesters have been demonstrating for months to express their objection to an extradition bill that would have given more power to China (and considering protests did not stop when the Hong Kong government announced it suspended the controversial bill, the movement has morphed into something much larger) – there have been several straight days of protests in Indonesia, especially in the bigger cities on Java and Sumatra.
On Monday (08/04) Indonesia Investments released the March 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of March 2019 and also touches upon key international developments that impacted on the Indonesian economy.
The local government of West Java said it is currently busy compiling all data related to the Lippo Group's ambitious Meikarta project. West Java Governor Ridwan Kamil said thorough investigation will then be done - based on the data - to decide whether the grand property project can resume or whether there are matters that need to be fixed.
While the central government of Indonesia is eager to improve the nation's investment climate, the Anti-Bribery Commission of Japan (ABCJ) reported a number of illegal charges that were requested by Indonesian government officials or civil servants from Japanese companies that operate in Indonesia. Such cases of corruption damage the attractiveness of Indonesia's investment climate.
Latest Columns Corruption
The month of August is typically a month of celebration because every 17th of August Indonesia celebrates its Independence Day. Indeed, the country commemorated and celebrated this day (as usual) on 17 August 2025. However, by the end of the month matters had changed drastically. In fact, Indonesia was on fire amid widespread civil disturbance.
For Indonesia August is typically a month in which politics are on the foreground as the country commemorates its Independence Day on each 17th of August. This is an important day in Indonesian history as well as an occasion for many festivities and celebrations around the country.
As is widely known, corruption is a widespread problem in Indonesia. Often we read about new corruption cases being unveiled that (typically) involve Indonesian state officials joining hands with the private sector in a (supposedly) win-win deal related to public procurement.
On 17 May 2023 the Attorney General’s Office of Indonesia officially named Johnny G. Plate, Minister of Communication and Information, a suspect in a corruption case that involves the construction of base transceivers stations across the Archipelago. Plate was also immediately arrested in Jakarta.
Throughout my life in Indonesia I have noticed that when dealing with government institutions, for example when arranging a residence permit (KITAS/KITAP), a work permit (IMTA) or a building permit (IMB), there are two options: (1) do everything according to official guidelines (based on laws, regulations, and policies) but expect to see a delay, or (2) pay a higher price at the start but ‘get things done quickly’.
On 9 August 2021, Indonesian President Joko Widodo witnessed the launch of the new Online Single Submission (OSS) system at the Investment Ministry (also known as the Investment Coordinating Board, abbreviated as BKPM).
One characteristic of the Indonesian economy is that the state-owned enterprises (SOEs) play an important role in this USD $1.0 trillion economy. They not only play an important role because some of them rank among Indonesia’s biggest companies (in terms of profit, sales and assets), thereby generating plenty of money for the government (in the form of tax revenue or dividend) while at the same time creating jobs for millions of Indonesians.
In Transparency International’s ‘Corruption Perceptions Index’ (CPI), Indonesia is rising slowly, yet continuously. In the latest edition, which was released in January 2019, Indonesia ranked 89th with a score of 38 points (the CPI uses a scale of 0 to 100, where 0 is fully corrupt and 100 is completely clean).
Those consumers and investors who purchased one or more apartment units in the Meikarta megacity project in Bekasi (West Java) are currently facing uncertain times. A new corruption scandal has put the future of the Meikarta project in jeopardy and therefore those who have already bought a Meikarta apartment fear that their money and apartment unit is lost. Those who are still making monthly mortgage payments to the bank, are confused whether they need to continue these payments (hence risking losing more money) or stop the monthly payment.
Although Indonesia's score was unchanged, the nation's ranking fell in the latest Corruption Perceptions Index, compiled by Berlin-based Transparency International. In the 2017 edition, Southeast Asia's largest economy Indonesia ranks 96th, down from 90th in last year's edition. The index, which ranks 180 countries and territories by their perceived levels of public sector corruption (based on input from experts and businessmen), uses a scale from 0.0 (highly corrupt) to 1.0 (very clean).
