#Economics
House passes Law on State-owned Enterprises
The House of Representatives (DPR) passed the third amendment bill to Law No. 19/2003 on State-Owned Enterprises (SOEs) into law during the 12th Plenary House Session Period of Session Year 2024-2025 at the Nusantara II Building in Senayan, Central Jakarta on Tuesday, February 4, 2025.
Prabowo discusses Indonesia’s OECD accession, economic outlook with Cormann
Mathias Cormann, Secretary-General of the Organization for Economic Cooperation and Development (OECD) met with President Prabowo Subianto in Jakarta on Thursday, November 28, 2024 to discuss Indonesia's membership accession to the OECD.
Rosan renew calls for investment to boost 8-percent growth target achievement
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani says investment is an important factor to achieve the 8-percent economic growth target that government is focusing to increase qualified investment flows as one of the main priorities in the future economic plan.
Antam allocates US$723 million for mining exploration, targets growth
State-ownwed diversified miner PT Aneka Tambang (Antam) has allocated US$723 million (Rp11.46 trillion) in Capital Expenditure (Capex) that will be used for gold, bauxite, and nickel exploration over the next five years.
CELIOS warns of potential budget deficit due to free nutritious meal program
The Center of Economics and Law Studies (CELIOS) research institute revealed that the state budget (APBN) deficit has the potential to exceed the safe limit and could reach three percent in 2029 due to the free nutritious meal program (MBG).