#Government
Waskita Karya and Wijaya Karya face allegations of financial report manipulation
Deputy Minister of State-Owned Enterprises (SOEs) Kartika Wirjoatmodjo, suspected that the managements of PT Waskita Karya Tbk (WSKT) and PT Wijaya Karya Tbk (WIKA) might have manipulated their financial reports for years.
DPR reveals alleged misallocation of 20 percent Vale shares to ‘fake’ company
Member of the Gerindra Faction in Commission VII of the Indonesian House of Representatives Bambang Haryadi, revealed that there is information indicating that 20 percent of PT Vale Indonesia’s shares, which should have been divested or transferred to domestic companies, were instead transferred to a ‘fake’ company.
Prabowo’s peace proposal fails to gain traction in Russia-Ukraine conflict
Indonesian Defense Minister Prabowo Subianto attempts to broker peace between Russia and Ukraine conflicts in various international forums.
Shaping the future: Indonesia’s proposal for critical minerals in IPEF trade
Indonesia’s proposal to include critical minerals in the discussion of the Pillar I of the Indo-Pacific Economic Framework (IPEF) trade talks has gained support from seven ASEAN countries and Australia.
Jokowi meets US-ABC delegation for trade and investment talks
President Jokowi welcomed delegates from the United States - ASEAN Business Council (US-ABC) to the Presidential Palace, on Thursday (25/5). The purpose of the meeting was to engage in discussions regarding the enhancement of trade and investment cooperation between Indonesia and the US.
Indonesia-Malaysia joint mission to voices concerns on EU deforestation law
Top officials from Indonesia and Malaysia, the world’s largest palm oil producers, are scheduled to visit the European Union HQ in Brussel, Belgia on May 30-31, 2023. The joint team will voice their concerns about a new deforestation law that they believe could adversely affect small farming businesses.
Kadin calls on Chinese companies to collaborate in building smart cities
In order to promote Chinese involvement in the development of smart cities in Indonesia, the China Committee of (KIKT) of the Indonesian Chamber of Commerce and Industry (Kadin) has held the Indonesia-China Smart City Technology & Investment Expo 2023, on May 24 to May 26, 2023.
Indonesia seeks China Jushi’s collaboration in building a fiberglass factory
Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan extended an invitation to Chinese fiberglass giant Jushi Co Ltd to make strategic investments in Indonesia. Jushi is one of the world’s leading fiberglass producers with a global sales and service network.
Indonesia, Iran sign preferential agreement to boost trade cooperation
The governments of Indonesian and Iran signed a preferential Trade Agreement (PTA) at the Bogor Palace, on Tuesday (23/5). The signing was carried out by the Indonesian Trade Minister Zulkifli Hasan and the Minister of Foreign Affairs of Iran Hossein Amirabdollahian, witnessed by Indonesian President Joko Widodo and Iranian President Seyyed Ebrahim Raisi.
Exxonmobil settles a landmark case lawsuit by Aceh villagers
Villagers in Aceh sued ExxonMobil for gross human rights violations committed by the Indonesian military 22 years ago.
Advancing women's representation: Challenges and progress in Indonesia's 2024 election
Indonesia, the fourth most populous nation and third-largest democracy, has scheduled its presidential and legislative elections for 14 February 2024, generating early hype as campaigning starts in 2023. But, problems persist in female representation in politics.
Jokowi seizes opportunity at G7 Summit to attract investors for key projects
During the G7 Summit held from May 19 to 23, President Joko “Jokowi” Widodo utilized the forum to engage with countries that possess promising investment prospects in major projects, extending beyond the Nusantara Capital City (IKN) initiatives.