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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PDI-P names Risma to challenge Khofifah in East Java gubernatorial election

The Indonesian Democratic Party of Struggle (PDI-P) has named party cadre and Minister of Social Affairs, Tri Rismaharini or Risma, to challenge former Governor Khofifah Indar Parawansa in the November 27, 2024 East Java gubernatorial election.

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PDI-P hesitates to decide on Jakarta Gubernatorial Election, expert says

Political analysts believe the Indonesian Democratic Party of Struggle (PDI-P) is currently hesitant about its strategy for this year's Jakarta gubernatorial election, citing both positive and negative implications for the party, particularly if they decide to support non-party figure like Anies Baswedan.

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Surya Paloh re-elected as Nasdem Party chairman for 2024-2029 term

The Nasdem Party's High Council, or commonly referred to as Board of Trustees, has re-elected Surya Paloh as Chairman for the 2024-2029 period, following a plenary meeting on Tuesday, August 27, 2024.

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PGN books US$186.6 million net profit in first semester of 2024

State-owned gas company PT Perusahaan Gas Negara (PGN), a Gas Subholding of PT Pertamina, booked a net profit of US$186.6 million for the first semester of 2024, which was obtained from consolidated revenue of US$1.84 billion, operating profit of US$293.2 million, and Earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$578.1 million.

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East Ventures’ six startups listed in 2024 Forbes Asia 100 to Watch list

East Ventures, a venture capital firm in Southeast Asia, sees six of its portfolio companies included in the prestigious 2024 Forbes Asia 100 to Watch 2024 list, the annual award categorization that showcases small companies and startups in Asia-Pacific that grabbed investors’ attention − and their checkbooks.

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Vale Indonesia to add new partner in Sorowako nickel processing project

Mining company PT Vale Indonesia is set to add a new partner for its High Pressure Acid Leaching (HPAL) smelter project in Sorowako, South Sulawesi, aiming to process limonite nickel ore.

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Pertamina explores strategic cooperation opportunities with U.S.businesses

State energy company PT Pertamina, through its sub-holding Pertamina New and Renewable Energy, was on an international roadshow in the United States, participating in the Indonesia-United States Business Forum held at The Mayflower Hotel, Washington DC, on Monday, August 26, 2024.

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Rosan aspires to elevate Singapore's investmentin Indonesia

Minister of Investment/Chairman of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, has set the target of seeing increased Singapore’s investment in Indonesia, surpassing the current benchmark of US$63.17 billion, which reflects the cumulative Singapore’s investment 2019 to June 2024, accounting for 29.8 percent of Indonesia's total Foreign Direct Investment (FDI).

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ESDM Minister pushes for swift completion of renewable energy bill

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has set to finalize the discussion of the New and Renewable Energy Bill (EBET) within the next two months, emphasizing its importance for optimizing Indonesia's rich renewable energy resources and carbon capture and storage(CCS) potential.

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PDI-P likely to name Pramono Anung, rule out Anies for Jakarta governorship race

The Indonesian Democratic Party of Struggle (PDI-P) will likely nominate its own cadre and rule out an outsider to contest the November 27, 2024 Jakarta gubernatorial election.

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IDX faces allegations of bribery involving five employees

The Indonesia Stock Exchange (IDX) is under scrutiny following allegations of bribery involving five employees who reportedly solicited substantial kickbacks to facilitate the listing of companies on the exchange.

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Annual joint military exercise 2024 Super Garuda Shield kicks off

The annual joint military exercise 2024 Super Garuda Shield began on Monday, August 26, 2024 folowing the opening ceremony co-presided by Deputy Commander of the Military Education and Training Command Rear Marshal Widyanto Ikoputra and Chief of Staff and Commander of the Hawaii Air National Guard (HIANG) Major General Joseph R. Harris II, at the Operation Base of Juanda Air Base, East Java.

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