Economy and Business

The landscape of education in the remote village of Gunung Bayu, located in the Bosar Maligas district of Simalungun, North Sumatra, has undergone a profound transformation following the implementation of the Sekolah Energi Berdikari (SEB) program by Pertamina New & Renewable Energy (Pertamina NRE). By integrating solar power technology with essential water and sanitation infrastructure, the initiative has resolved a …

The landscape of urban mobility and automotive services in Indonesia is undergoing a notable transformation as PT Pertamina Patra Niaga, the commercial and trading subholding of state-owned energy giant PT Pertamina (Persero), aggressively rolls out its premium "SPBU Signature" concept. Moving beyond the traditional function of a simple fueling station, these specialized outlets are meticulously designed to redefine the consumer …

The Indonesian financial landscape has faced a period of significant consolidation throughout 2026, as the Otoritas Jasa Keuangan (OJK)—the country’s financial services authority—has taken decisive action to maintain the integrity of the banking system. As of September 25, 2026, the OJK has formally revoked the operating licenses of 15 commercial banks, primarily Bank Perekonomian Rakyat (BPR) and its sharia-compliant counterparts …

JAKARTA — In an era where corporate responsibility increasingly extends beyond traditional business metrics, healthcare solutions providers are finding intrinsic links between public health and ecological preservation. PT Administrasi Medika, widely known as AdMedika, has firmly positioned itself at this intersection by expanding its corporate ethos to embrace environmental stewardship. As an integrated healthcare solutions provider, the company recognizes that …

Jakarta — PT Mayar Kernel Supernova, widely known as Mayar, has officially announced the upcoming launch of its latest financial innovation, the Mayar Card. Scheduled for a public release at the beginning of the fourth quarter of 2026, the product is engineered to address one of the most persistent pain points for small to medium-sized enterprises (SMEs) and growing businesses …

The Indonesian financial landscape has witnessed a significant consolidation trend throughout 2026, culminating in the latest regulatory action taken by the Financial Services Authority (OJK). On September 25, 2026, the OJK officially revoked the business license of PT Bank Perekonomian Rakyat Syariah (BPRS) Musyarakah Ummat Indonesia, located in Tangerang, Banten. This decision, formalized under the Decree of the Board of …

The landscape of digital assets and blockchain technology in Indonesia is experiencing a monumental transformation, marked by accelerated public adoption and sophisticated financial innovations. As the nation pivots deeper into the digital economy, regulatory bodies and industry leaders are grappling with both the immense economic potential and the inherent risks of a borderless financial ecosystem. Recent data released by the …

The transformation of Jakarta’s iconic Blok M district is set to enter a new, ambitious phase as PT MRT Jakarta (Perseroda) prepares to implement the "Ultimate Development Blok M" project. Building upon the success of the current Blok M Hub, the initiative aims to redefine the area as a high-density, mixed-use precinct that prioritizes pedestrian connectivity and modern urban living. …

The Financial Services Authority of Indonesia (OJK) has officially initiated a comprehensive evaluation of various digital financial innovations within its regulatory sandbox framework. This strategic move, announced during the FEKDI x IFSE 2026 event at the Jakarta International Convention Center, aims to bridge the gap between emerging technological capabilities and tangible socio-economic benefits for the Indonesian population. As the global …

The Indonesian Ministry of Energy and Mineral Resources (ESDM) has officially refuted viral claims circulating across various social media platforms asserting that the price of subsidized fuel, specifically Pertalite, would be increased to IDR 13,500 per liter starting September 26, 2026. Government officials have emphasized that the information is completely fabricated and lacks any basis in official policy. The clarification …