#Indonesian Government
Indonesian Air Force pushes for AI, cyber-based Air Defense modernization
Indonesian Air Force Chief of Staff, Air Chief Marshal Mohamad Tonny Harjono, has emphasized the importance of implementing Artificial Intelligence (AI) and cyber technology in strengthening the country's air defense.
State Budget deficit as of November 2024 reaches Rp401.8 trillion
Minister of Finance Sri Mulyani Indrawati reveals that the realization of the State Budget (APBN) deficit until November 2024 has reached Rp401.8 trillion (US$25.2 billion), or equivalent to 1.81 percent of Gross Domestic Product (GDP) and is still below the limit set in the law of Rp522.8 trillion (US$32,7 billion).
MK ruling expands KPK's authority to probe military corruption cases
The Constitutional Court (MK) has issued a ruling on the Corruption Eradication Commission (KPK) that could have a positive impact on the investigation of corruption cases in the military institution.
FM: Indonesia does not recognize China’s nine dash line claim over South China Sea
Minister of Foreign Affairs Sugiono has maintained that Indonesia does not recognize China’s claim of Indonesia’s part of South China Sea or North Natuna Sea, clarifiying the joint statement made between Indonesian President Prabowo Subianto and Chinese Prime Minister Xi Jinping on November 9, 2024.
Domestic airfares drop by 10 percent on Christmas, New Year holidays: Govt
President Prabowo Subianto has ordered for a 10-percent decrease in domestic airfares during the 2024 Christmas and 2025 New Year holidays as part of the efforts to ease the burden on local travelers.
Indonesia strengthens cooperation with Melanesian Spearhead Group Nations
Deputy Minister of Foreign Affairs Armanatha Nasir held a series of bilateral meetings with top government executives of countries under the Melanesian Spearhead Group (MSG) on the sidelines of the Group’s Ministerial Meeting on Thursday, November 29, 2024.
Finland-Indonesia explore digital collaboration on data centers, technology transfer
Finnish Ambassador to Indonesia, Pekka Kaihilahti, has expressed his country's interest to build a data center in Indonesia during a meeting with Minister of Communication and Digital Application (Komdigi) Meutya Hafid on Friday, November 29, 2024.
RI, UK, and BritCham explore carbon market opportunities, sustainable growth investment
Standard Chartered Indonesia, the Government of the United Kingdom and Northern Ireland, and the British-Indonesian Chamber of Commerce (BritCham) held a roundtable in London on Wednesday, November 20, 2024 discussing carbon market opportunities in Indonesia.
Legal umbrella for BPI Danantara to be completed soon
The establishment of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara) has entered the final stage with the draft Government Regulations (PP) and Presidential Regulations (Perpres)of the State-owned Enterprise (SOE) Superholding was submitted by Head of BPI Danantara Muliaman Hadad and Deputy Head Kaharuddin Djenod to Minister of State Secretary Prasetyo Hadi on Friday, November 29, 2024.
“The Economist” strongly criticizes President Prabowo's overseas visit
President Prabowo Subianto's first overseas trip since being inaugurated on October 20, 2024 has drawn sharp criticism from various circles, including The Economist.
Government seeks new investors for Tuban Grass Root Refinery project
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said the government is opening the opportunity for new foreign investors to invest in the Tuban Grass Root Refinery (GRR) project if Russia’s Rosneft Oil Co PJSC fails to provide clarity on its commitment to the venture.The refinery project, which involves PT Kilang Pertamina Internasional (KPI) and Rosneft, has faced setbacks partly due to geopolitical issues.“For concession holders on certain working areas, if there is no progress in certain time frame based on the regulation, there is a posibility that we will open bidding for new investors. Because it is state project, it is forbidden to slow the process,” Bahlil said on Friday, November 29, 2024.He added, however, that the government did not close the opportunity for the Russian company to continue with the project. He cited that he has met with Pertamina CEO, but they have not discussed the issue in detail.“I have set the agenda by the end of November, but Indonesia has just finished the regional elections. As chairman of a political party, I have made it clear that regional election is the first priority,” he said.The Tuban refinery, valued at approximately US$3.8 billion (Rp54.2 trillion), is designed to process 300,000 barrels of crude oil per day and produce around 30 million liters of fuel daily, including gasoline and diesel.The project has already encountered obstacles, including land acquisition, incentives, and permits, which Bahlil helped address during his tenure as Minister of Investment.Currently, PT KPI, a subsidiary of State energy compny PT Pertamina, continues to collaborate with Rosneft through PT Pertamina Rosneft Pengolahan dan Petrokimia (PRPP) to progress the project.Hermansyah of KPI confirmed that the Final Investment Decision (FID) is expected to be completed by the foiurth quarter of 2024, expediting the timeline initially set for 2025.As one of Indonesia’s largest oil refinery projects, the Tuban GRR aims to bolster domestic fuel production capacity, enhancing energy security and reducing dependence on imports.
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.