INDONESIAN TALK - Kasih Lintas Manusia #KLM

INDONESIAN CHANNEL 23/10/202623/10/2026

A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi

RESETTING INDONESIA’S CAPITAL MARKET From Market Intervention to Independent Verification A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi A Crisis of Confidence, Not Merely a Market Correction Indonesia’s capital market is confronting a crisis that cannot be resolved simply by restoring share prices. The sharp decline in the Jakarta Composite Index, mounting foreign selling pressure, and MSCI’s October 2026 consultation concerning Indonesia’s market classification have exposed a problem far more fundamental than short-term market volatility. The issue is no longer simply whether Indonesian equities are attractively valued. It is whether international investors can trust the information, ownership structures, price formation, and trading mechanisms underlying those valuations. Some have responded to the market decline with political rhetoric, criticism of MSCI, or calls for investors to purchase shares because prices have become cheaper. Such responses risk misunderstanding the nature of the problem. * A falling share price does not…

Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny

PROPAMI: MSCI Proposal Is Not a Final Verdict on Indonesia’s Capital Market, Reform Must Remain the Focus

INDONESIAN CHANNEL 23/10/202623/10/2026

A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi

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INDONESIAN CHANNEL 20/10/202620/10/2026

Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny

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IndonesianTalk.com — Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny Why Indonesia must move beyond raw commodity extraction and build maritime sovereignty through technology, education and sustainable ocean industries. By Dr. Yehu Wangsajaya Indonesia is an archipelagic nation whose greatest strategic asset may also be its most neglected: the sea. For centuries, maritime power shaped the fortunes of the Sriwijaya and Majapahit kingdoms, as well as the sultanates of Gowa-Tallo and Ternate-Tidore. Their influence rested on their ability to navigate trade routes, connect distant communities and harness the economic and political potential of the waters surrounding the archipelago. Yet modern Indonesia faces a paradox. Despite its extraordinary maritime geography, the country has not fully translated its ocean wealth into industrial strength, technological leadership or lasting prosperity for coastal communities. This condition can be described as maritime geopolitical amnesia: a gradual loss of awareness of the sea as a foundation of…

Ekonomi 19/10/2026

PROPAMI: MSCI Proposal Is Not a Final Verdict on Indonesia’s Capital Market, Reform Must Remain the Focus

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PROPAMI

IndonesianTalk.com – The Indonesian Capital Market Professionals Association (PROPAMI) has urged market participants to respond to the turmoil that followed Morgan Stanley Capital International’s (MSCI) proposed change to Indonesia’s market classification in a proportionate, fact-based manner. The proposal triggered sharp selling in the Jakarta Composite Index (JCI). (18/10/26) PROPAMI acknowledged that the JCI’s steep fall on 16 October 2026 was a serious event. But the association said the drop does not automatically mean the foundations of the national capital market have lost their investment appeal. “Panic does not resolve structural problems, while ignoring those problems can prolong uncertainty,” PROPAMI said. A Consultation, Not Yet a Decision On 15 October 2026, MSCI launched a consultation on a proposal to reclassify Indonesia from Emerging Market to Standalone Market status, with a final decision to be announced no later than the end of June 2027. Indonesia’s status therefore has not changed automatically. The consultation…

INDONESIAN CHANNEL 05/10/202605/10/2026

Yusran Hadromi and a Diplomatic Career Measured by Legacy

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Yusran Hadromi dan Diplomasi yang Tak Berhenti pada Jabatan

IndonesianTalk.com — Yusran Hadromi and a Diplomatic Career Measured by Legacy JAKARTA — A diplomat’s career is often measured by the positions he or she has held: secretary, counselor, chargé d’affaires or ambassador. Others are remembered for treaties signed, negotiations concluded or crises successfully navigated. Yusran Hadromi appears to measure his career differently. After three decades in the diplomatic service, the 29 August 1969-born diplomat says what matters most is not necessarily reaching the highest position, but leaving a legacy — through ideas, relationships and initiatives that continue to have an impact after an assignment ends. “More toward legacy and ideas,” is how Yusran describes his approach to his long career. Positions change. Countries of assignment change. Offices are eventually handed over to someone else. What remains, he believes, is the footprint left behind. That footprint does not always come in the form of major diplomatic agreements. Sometimes it is an Indonesian…

INDONESIAN CHANNEL 27/09/202627/09/2026

Antara CEO Benny Butarbutar Highlights Sustainability Communication Strategy at Universitas Pertamina

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IndonesianTalk.com — Antara CEO Benny Butarbutar Highlights Sustainability Communication Strategy at Universitas Pertamina Sustainability communication can no longer be treated merely as a corporate publicity exercise or an administrative requirement. As digital technology accelerates the flow of information, communication has become increasingly important in building trust, engaging stakeholders and turning sustainability commitments into concrete action. That was the central message delivered by Perum Lembaga Kantor Berita Nasional (LKBN) Antara president director Benny Siga Butarbutar during a guest lecture at the Master of Science in Sustainability (MSU) Batch 3 program at Universitas Pertamina (UPER) on Saturday, Sept. 26, 2026. Speaking on the theme “Designing Sustainability Communication & Stakeholder Engagement,” Benny shared his perspectives and professional experience on corporate communication, stakeholder engagement and crisis management amid an increasingly complex business environment. Beyond simply delivering information Benny began the session by engaging directly with students through questions and discussions, creating an interactive atmosphere throughout…

Ekonomi 26/09/2026

PROPAMI and IDX Sign Partnership to Expand Financial Literacy Across Indonesia

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PROPAMI

IndonesianTalk.com — Indonesia’s capital market is entering a phase in which market expansion is increasingly tied not only to investment activity, but also to policy coordination, professional competence and broader financial literacy. That message emerged from the National Seminar for Capital Market Professionals organized by the Indonesian Capital Market Professionals Association (PROPAMI) in Bandung on Saturday, alongside the organization’s 2026 Annual Members Meeting (RUAT). Carrying the theme “The Future of Indonesia’s Capital Market: Synergy Between Policy, Industry, and the Profession for Sustainable Growth,” the forum brought together representatives from the capital market industry, regulators, legislators, business institutions and academia. The discussions placed particular emphasis on the importance of stronger coordination across the capital market ecosystem as Indonesia seeks to expand participation while improving public understanding of investment and financial products. Held at the Ballroom Suagi, The Papadanyan Hotel, Bandung, the event also marked a new cooperation framework between PROPAMI and the Indonesia…

INDONESIAN CHANNEL 24/09/202627/09/2026

ANTARA Strengthens Global News Agency Role During Week in Moscow

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Benny Butar butar di Moskow

IndonesianTalk.com — ANTARA Strengthens Global News Agency Role During Week in Moscow MOSCOW — A week-long working visit to Moscow from Sept. 16 to 23 saw Perum Lembaga Kantor Berita Nasional (LKBN) ANTARA expand its international media network while strengthening its role as Indonesia’s national news agency on the global stage. ANTARA president director Benny Siga Butarbutar’s visit included an exclusive interview with the Indonesian Ambassador to Russia, meetings with several international media organizations and participation as a speaker at the “Plenary Session Dedicated to the 65th Anniversary of OANA.” The series of engagements underscored the growing importance of cooperation among news agencies at a time when the global media industry is undergoing rapid technological and structural changes. During the visit, ANTARA engaged with three major Russian media organizations — RT (Russia Today), Sputnik and TASS — to explore opportunities for cooperation and news exchange. ANTARA and Sputnik signed a news…

Technology 16/09/202616/09/2026

Beyond the Bigger Screen: What Makes a TV Upgrade Worth It?

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Consumer technology feature

IndonesianTalk.com — A bigger television offers something buyers can see immediately: more screen. Whether it offers better value takes a closer look. For a household planning to replace its TV, the decision involves money set aside, space available and a device expected to serve everyday needs. An attractive upgrade has to make sense within those limits. TCL Indonesia is making its case through the “Add a Little, Get MUCH BIGGER” campaign. In company material, the brand compares the additional cost of moving to a larger television with the increase in viewing area. The message is straightforward. A relatively small increase in spending, TCL says, can bring a noticeably larger display. Understanding that offer begins with two questions: how much larger, and at what final price? More Screen, but What Else Changes? TCL gives several examples of how screen area grows with size. Moving from a 32-inch television to a 40-inch model…

INDONESIAN CHANNEL 15/09/202615/09/2026

Political Elites, Disaster and the 2029 Election: Between Image-Building and a Wounded Public

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IndonesianTalk.com — Political Elites, Disaster and the 2029 Election: Between Image-Building and a Wounded Public YOGYAKARTA — Indonesia’s disaster season shows little sign of easing, with thousands of people affected by floods, landslides, forest fires, extreme weather and other hazards. Yet as communities struggle with recurring disasters, the attention of much of the country’s political elite appears increasingly focused on the 2029 elections. Official data from the National Disaster Mitigation Agency (BNPB), as of Sept. 7, recorded 1,730 disasters across Indonesia since the beginning of the year. Forest and land fires accounted for the largest share, with 627 incidents, followed by floods with 543, extreme weather with 324, landslides with 105 and droughts with 101. There were also 14 tidal floods and abrasion incidents, 13 earthquakes and three volcanic eruptions. The figures have renewed questions about whether disaster management has become a political priority — or remains largely a matter of…

INDONESIAN CHANNEL 14/09/202614/09/2026

The Bayan Price Mystery: When Markets Need Answers, Not Speculation

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IndonesianTalk.com -The Bayan Price Mystery: When Markets Need Answers, Not Speculation. By Laksamana Sukardi There is a mystery in Indonesia’s capital market. PT Bayan Resources Tbk., one of Indonesia’s largest publicly listed companies by market capitalization, has a market value of roughly US$26 billion. Yet Bloomberg has reported that an entity controlled by Indonesian businessman Haji Isam is offering approximately US$3 billion for around 62 percent of Bayan Resources’ shares. The arithmetic is straightforward. If 62 percent of the company is valued at US$3 billion, the implied valuation for the entire company would be approximately US$4.8 billion. On the stock exchange: roughly US$26 billion. In the reported transaction: roughly US$4.8 billion. The difference is close to 80 percent. One company. Two dramatically different indications of value. Why? This is what I call the Bayan Price Mystery. This article does not seek to determine which valuation is correct. Nor do we know what…

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