#Government
Danantara, Prabowo’s new investment body to be launched soon
The government is expected to launch the Daya Anagata Nusantara Investment Management Agency (BP Investasi Danantara), a new institution predicted to become a superholding of State-Owned Enterprises (SOEs) whose authority is to integrate separate government assets in ministries and SOEs.
Indonesian Navy holds final preparatory session ahead of MNEK 2025
The Indonesian Navy has invited participating countries of the Multilateral Naval Exercise Komodo (MNEK) 2025 for final preparation of the Asia-Pacific joint naval exercise scheduled for February 2025.
Government prepares rescue measures for Sritex, ensuring operational continuity
The government is devising a series of measures to ensure PT Sri Rejeki Isman (Sritex), Southeast Asia’s largest textile company, able to continue operations despite being declared bankrupt by the Semarang Commercial Court.
Prabowo sets goal for food self-sufficiency by 2028
President Prabowo Subianto has set a target for Indonesia to achieve national food self-sufficiency within his five-year administration, aiming for completion by 2028.
Transmigration not a solution to Papua problems: Activist
An indigenous human rights activist has asked Jakarta to reconsider the transmigration program in Papua region as bringing in non-Papuans to the country’s easternmost region will only create new problems and challenges for the native inhabitants.
AGO denies naming Tom Lembong graft suspect as politically motivated
The Attorney General’s Office (AGO) has dismissed the speculations that the naming of former Trade Minister Tom Lembong as suspect in a corruption case related to sugar imports during his tenure as cabinet minister in 2015-2016 was politically motivated.
Prabowo chairs cabinet meeting on government subsidies
President Prabowo Subianto held a limited meeting with several ministers at the Presidential Palace on Wednesday, October 30, 2024, discussing government subsidies.
Erick Thohir supports use of “Maung” as official vehicle for ministers
Minister of State-Owned Enterprises (SOE) Erick Thohir has expressed his full support for President Prabowo Subianto's plan to use the Maung tactical car, produced by State-owned military vehicle manufacturer PT Pindad, as official vehicle for ministers, deputy ministers, and echelon I officials.
SKK Migas boosts reactivation of idle wells to increase oil & gas production
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is aggressively pushing for an increase in national oil and gas production by reactivating wells that have long been inactive or idle.
Government grants Sritex export-import permits despite bankruptcy ruling
The government has decided to allow textile company PT Sri Rejeki Isman (Sritex) to continue its export-import operations, despite the company’s recent bankruptcy declaration by the Semarang Commercial Court on Monday, October 21, 2024.
Indonesia to champion carbon emission reductions, trading initiatives at COP29
Indonesia is set to emphasize its achievements in carbon emission reductions and the development of carbon trading mechanisms at the upcoming United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, slated for November 2024.
Deputy Finance Minister explores tax potential from “shadow economy”
Deputy Minister of Finance, Anggito Abimanyu, has highlighted the potential for new tax revenues by addressing activities within the "shadow economy", referring to economic transactions that contribute to the Gross National Product (GNP) and Gross Domestic Product (GDP) but remain unregistered and unrecorded in official data.