#Government

Indonesia Business Post

President meets Russia’s Sistema to explore cooperation in health, education, technology

President Prabowo Subianto held a meeting with top executives of Russia’s conglomerate Sistema Group at the Merdeka Palace in Jakarta on Thursday, November 20, 2025, discussing potential collaboration in healthcare, education, hospitality, and the development of electric passenger ships.

Bahlil Lahadalia - image source: Antara/ Galih Pradipta

Golkar proposes Soeharto as national hero, Prabowo to consider request

Golkar Party Chairman Bahlil Lahadalia met with President Prabowo Subianto at the Presidential Palace in Jakarta on Monday, November 3, 2025 proposing that Indonesia’s second president, Soeharto, be granted the title of national hero.

Danantara - image source: money.kompas.com

Danantara eyes 35 percent stake in Lotte Chemical’s US$3.9 B petrochemical plant

Indonesia’s sovereign wealth agency, BPI Danantara, is reviewing an offer to acquire a 35 percent ownership stake in Lotte Chemical’s petrochemical complex in Cilegon, Banten, said  Danantara CEO Rosan P. Roeslani.

IKN, image source: Menpan.gi.id/ ANTARA FOTO/Hafidz Mubarak A/tom

Nusantara Capital authority secures Rp225 trillion in investments

The Nusantara Capital (IKN) Authority has announced a significant financial milestone, marking one year under President Prabowo Subianto’s administration, confirming that the development of Indonesia’s new capital is now supported by a strong and increasingly independent financial foundationand no longer reliant solely on state funding.

Indonesia Business Post

Inaccurate regional data slows down irrigation rehabilitation program: Minister

Minister of Public Works, Dody Hanggodo, has hinted at slow implementation of Presidential Instruction (Inpres) No. 2/2025 on the Acceleration of Irrigation Network Rehabilitation due to overlapping and inaccurate data provided by regional administrations.

Hanif Faisol Nurofiq - image source: Antara Foto/ Rizal Hanafi

Minister criticizes unsustainable groundwater exploitation by bottled water companies

Minister of Environment Hanif Faisol Nurofiq has criticized bottled water companies for overexploiting groundwater resources, warning that the practice poses a serious long-term threat to the environment.

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Government proposes lower haj pilgrimage costs for 2026

The government has proposed an average haj pilgrimage cost (BPIH) of Rp88,409,365 (US$5,360) per pilgrim for the 1447 Hijri/2026 Haj season, marking a Rp1 million decrease from the previous year. 

Mohamad Ikhsan - image source: KATADATA/FAUZA SYAHPUTRA

Economist: Govt unlikely to meet 17+8 protest demands amid structural economic challenges

Economist and University of Indonesia Professor Mohamad Ikhsan believes that the government will be unable to meet the 17+8 demands raised by labor groups following the nationwide demonstrations in late August 2025.

Indonesia Business Post

Prabowo claims economic stability, record investments, falling poverty

President Prabowo Subianto struck the right note on Indonesia’s strong economic performance amid global uncertainty during the Cabinet Plenary Meeting at the State Palace in Jakarta on Monday, October 20, 2025.

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Job creation rated lowest in Prabowo-Gibran’s first-year performance: Indostrategi

A new survey by Indostrategi Research Institute found that job creation received the lowest score among key performance indicators in the first year of President Prabowo Subianto and Vice President Gibran Rakabuming Raka’s administration as it celebrates its first anniversary today, October 20, 2025.

Indonesia Business Post

Prabowo defends free nutritious meal program’s 99.99 percent success rate

President Prabowo Subianto reaffirmed that the Free Nutritious Meal (MBG) program has achieved a very high success rate, despite a few isolated food poisoning incidents in the field. 

MBG - image source: Aktual.com

Finance Minister calls for full utilization of free nutritious meal budget

Minister of Finance, Purbaya Yudhi Sadewa, has emphasized that the government will continue to push for the full utilization of the Free Nutritious Meal (MBG) budget, warning that unspent funds could burden state finances.

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