#Government
Danantara poised to surpass Singapore's GIC, become one of the world's largest
Daya Anagata Nusantara Investment Agency (Danantara) has the potential to surpass GIC or the Government of Singapore Investment Corporation (GIC) in terms of assets under management, a report by the Financial Times Stock Exchange (FTSE) Russell has revealed.
Jatam slams nickel mining policies, citing social and environmental costs
The Mining Advocacy Network (Jatam) has criticized the government’s promotion of nickel mining and downstream processing policies for ignoring the staggering costs of environmental degradation and social disruption endured by local communities.
YLBHI: 216 cases of assaults on rights defenders in PSN areas in the last 3 years
An advocacy staff at the YLBHI Legal Aid Foundation has has revealed a disturbing record of approximately 216 assaults against human rights defenders operating in areas designated as National Strategic Projects (PSN) in the last three years, with the potential to worsen in 2025 as the number of perpetrators is anticipated to increase.
Mining law revision criticized for business interests heavy
The Mining Advocacy Network (Jatam) criticizes the passed Fourth Amendment to Law No. 4/2009 on Mineral and Coal Mining (Minerba) for allegedly favoring business interests over environmental and public concerns.
Residents demand revocation of PSN status of IWIP
Residents living around the mining operations in Central Halmahera, North Maluku staged a protest at the coastal area of Lelilef Village, Weda Tengah District, on Thursday, February 13, 2025, expressing distrust towards the impact of the visit by Commission XII of the House of Representatives (DPR) to the Weda Bay Industrial Park (IWIP) last December.
IIMS 2025 opens, government supports automotive industry acceleration
The Indonesia International Motor Show (IIMS) 2025 commenced on Friday, February 14, 2025 at JIExpo, Kemayoran, Jakarta, in a ceremony opened by Minister of Industry Agus Gumiwang Kartasasmita.
Freeport’s exports halted amid force majeure ruling, production drops to 60 percent
PT Freeport Indonesia’s (PTFI) export activities remain suspended following a force majeure ruling related to a fire incident near the end of last year, despite its readiness to resume exports by the end of the month, a senior government officials said.
Economists warn of challenges, implications of free nutritional meals policy
The Free Nutritious Meals (MBG) program, a major initiative by the Prabowo Subianto-Gibran Rakabuming Raka administration, has drawn concerns from economists and policymakers over its financial sustainability and implementation challenges.
Indonesia scores 37 in 2024 CPI, signaling persistent challenges
A report by Transparency International reveals that Indonesia’s score in the 2024 Corruption Perceptions Index (CPI) remains at 37, placing it among countries struggling with significant corruption issues.
President to launch Danantara on Feb. 24, set to manage US$900B in assets
President Prabowo Subianto has announced that he will launch on Monday, February 24, 2025, the Daya Anagata Nusantara Investment Agency (Danantara), a sovereign wealth fund agency that will manage US$900 billion (Rp14,616 trillion) in assets under management (AUM).
Ministry of Manpower to report thugs disrupting factory operations to police
The Ministry of Manpower will report community organizations or groups acting as thugs that disrupt factory operations and investments in industrial areas to the police.
Prabowo, Erick asked to reconsider appointment of military general as Bulog chief
CENTRA Initiative Indonesia, an NGO focusing on security sector reform and civil society advocacy, has asked President Prabowo Subianto and Minister of State-owned Enterprises (SOEs) Erick Thohir to reconsider the appointment of an Indonesian MIlitary (TNI) general as President Director of State Logistics Agency (Bulog).