Jakarta Power Play
Economic Council chief backs private funding scheme for Indonesia’s family office initiative
Chairman of the National Economic Council (DEN), Luhut Binsar Pandjaitan, has responded to Finance Minister Purbaya Yudhi Sadewa’s remarks regarding the formation of family offices − private wealth management firms designed for Indonesia’s ultra-rich.
Constitutional Court partially grants judicial review of prosecution law
The Constitutional Court (MK) has partially granted a judicial review of Law No. 11/2021 amending Law No. 16/2004 on the Attorney General’s Office (or Prosecution Law).
Constitutional Court dismisses Labor Party’s petition on parliamentary threshold
The Constitutional Court (MK) has rejected the judicial review request filed by the Labor Party challenging the parliamentary threshold provision stipulated in Article 414(1) of Law No. 7/2017 on the General Elections.
Prabowo allows foreigners to lead state-owned enterprises to boost global standards
President Prabowo Subianto has announced a regulatory change that allows expatriates or foreign nationals to serve as leaders of Indonesia’s state-owned enterprises (SOEs).
Finance Minister to disband BLBI task force, calls it “too noisy with minimal results”
Minister of Finance Purbaya Yudhi Sadewa has indicated plans to dissolve the Bank Indonesia Liquidity Assistance (BLBI) Task Force, arguing that the team has created unnecessary controversy while delivering limited results.
Purbaya promises new bridge to strengthen connectivity in North Kalimantan
Finance Minister Purbaya Yudhi Sadewa has pledged to fund the construction of a new bridge in North Kalimantan to improve connectivity in the border region, where many residents have been forced to cross into neighboring Malaysia due to limited infrastructure.
Regional leaders protest budget cuts as fiscal tensions rise between central, local governments
Eighteen regional heads visited Finance Minister Purbaya Yudhi Sadewa’s office in Jakarta on Monday, October 7, 2025 voicing protests over the government’s decision to reduce the 2026 regional transfer budget (TKD).
Prabowo inaugurates leadership structure of new SOEs regulatory agency
President Prabowo Subianto inaugurated the leadership structure of Indonesia’s newly established State-Owned Enterprises (SOEs) Regulatory Agency (BP BUMN) in a ceremony held at the Presidential Palace in Jakarta on Wednesday, October 8, 2025.
President Prabowo prepares nine members for National Police Reform Committee
President Prabowo Subianto has identified a list of nine individuals to be appointed as members of the National Police Reform Committee, said Minister of State Secretary Prasetyo Hadi.
Prabowo expands cabinet, names new deputy ministers for home affairs and health
President Prabowo Subianto once again expanded his cabinet lineup, appointing two new deputy ministers on Wednesday, October 8, 2025, a move seen as part of ongoing efforts to strengthen the government’s coordination and policy execution.
Reduced transfers to regions raise concerns over fiscal autonomy
The government decision to reduce the amount of the Transfer to Regions (TKD) by more than US$13 billion for 2026, from US$61 billion (Rp919 trillion) in 2025 to US$47 billion has sparked concerns regarding its impact on regional autonomy and fiscal decentralization as it could undermine local governments’ ability to manage their own budgets effectively.
Palace restores CNN journalist’s access after Press ID revocation sparks backlash
The Presidential Secretariat has returned the special press identification card of CNN Indonesia TV journalist Diana Valencia after a weekend controversy over its sudden revocation triggered concerns about press freedom.