politics

Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.

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Some Jokowi’s ministers likely to retain positions in Prabowo's cabinet

Several ministers from President Joko “Jokowi” Widodo's administration are likely to retain their positions in the administration of President-elect Prabowo Subianto.

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Prabowo vows to eradicate poverty through natural resource development

President-elect Prabowo Subianto has pledged to eliminate poverty in Indonesia once he officially assumes office, citing measures to accelerate the downstream processing of the nation's natural resources that would directly benefit the people.

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Biodiesel B50 development faces trade, emission challenges

Rector of Bogor Agricultural University (IPB), Arief Satria, has indicated that the development of Biodiesel B50 could potentially lead to the opening of 9.2 million hectares of new palm oil plantations.

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OJK awaits clarification on alleged corruption involving Bank BJB's advertisement

The Financial Services Authority (OJK) has addressed allegations of corruption involving the regionally owned enterprise (BUMD), PT Bank Pembangunan Daerah Jawa Barat (Bank BJB).

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Prabowo to announce Cabinet line-up on inauguration day

President-elect Prabowo Subianto is expected to announce his Cabinet line-up hours after he and Vice president-elect Gibran Rakabuming Raka were inaugurated as the country’s pair of top leadership on Sunday, October 20, 2024.

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Oil & gas firm executives meet for large-scale exploration, energy security measures

Executives from dozens oil and gas companies gather in the East Java capital of Surabaya today and tomorrow (October 14-15, 2024) for the Indonesia Exploration Forum (IEF), co-organized by the Upstream Oil and Gas Regulatory Task Force (SKK Migas) and oil contractors (KKKS).

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PLN to serve clean energy needs as sustainable investment thrives

State power utility PT PLN has voiced its readiness to support the government in creating a sustainable investment ecosystem for the sake of national economic growth.

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BNI clarifies potential stake in Hibank by Sea Group

PT Bank Negara Indonesia (BBNI) has addressed the speculation surrounding Sea Group, the parent company of Shopee, potentially becoming a minority shareholder in PT Bank Hibank Indonesia.

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CSI and PIS sign MoU to explore strategic partnership in marine logistics

PT Chandra Shipping International (CSI), a subsidiary of PT Chandra Daya Investasi (CDI) in the shipping and logistics sector, has signed a Memorandum of Understanding (MoU) with PT Pertamina International Shipping (PIS) to explore a feasibility study for potential collaboration in chemical, bitumen, and other maritime transport and logistics operations.

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Summarecon Agung strengthens subsidiary with Rp485.57 billion capital injection

PT Summarecon Agung (SMRA) has injected an additional Rp485.57 billion (US$31 million) into its subsidiary, PT Summarecon Property Development (SMPD), as part of a strategic move to bolster its growth.

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Economist: Data centers, key investment opportunity for future growth

Laode Masihu, a key member of the economic team for president-elect Prabowo Subianto and vice president-elect Gibran Rakabuming Raka, has highlighted data centers as a lucrative business model and a prime investment opportunity for the future.

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Jokowi asks for increase in oil lifting to alleviate economic burden

President Joko “Jokowi” Widodo has called for an urgent increase in the country's oil lifting amidst concerns over declining domestic production.

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