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View all search resultsSovereign wealth fund Danantara is embarking on an ambitious overhaul of state-owned enterprises (SOEs), aiming to consolidate 844 SOEs and their subsidiaries into around 200 entities. As the fund moves forward with its major consolidation plan, questions about investment returns, governance and long-term strategy remain front and center.
9 hours agoIndonesia’s position in the World Competitiveness Ranking (WCR) has dropped significantly, according to the World Competitiveness Yearbook (WCY) 2025, released in June by the International Institute for Management Development (IMD). The annual ranking evaluates 69 economies using global, regional, and national statistics, as well as surveys of corporate executives. The report highlights Indo...
1 day ago“Don’t read too much into it,” said President Prabowo Subianto on his decision to turn down the invitation to meet with the leaders of wealthy Western countries in the Group of Seven (G7) in Canada this month, going instead to meet with Russian President Vladimir Putin. ...
2 days agoDie-hard supporters of President Joko “Jokowi” Widodo held a congress in Bandung on Aug. 28 to keep their hopes alive for him to continue to serve the nation beyond 2024 when his current term in office ends, in defiance of the constitutional two-term limit.
2 years agoHouse Speaker Puan Maharani is making high-profile public appearances and increasingly playing the woman card in a bid to boost her electability, which has remained stubbornly low in the run-up to the 2024 presidential election.
2 years agoPresident Joko “Jokowi” Widodo has set up a team to resolve past serious human rights violations without going through courts of law, prompting some civil society organizations to accuse the government of trying to absolve the perpetrators of any guilt.
2 years agoPresident Joko “Jokowi” Widodo has urged state-owned enterprises (SOEs) and the Indonesia Investment Authority (INA) to enter the huge but stalled Masela gas block in Maluku to jumpstart the US$20 billion project. Many, however, have questioned the motive behind the move.
2 years agoPrabowo Subianto officially confirmed his bid to run for president in 2024 at the Gerindra Party’s national leadership meeting (Rapimnas) last weekend.
2 years agoCoal-supply crisis looms over the state-owned electricity company (PLN) again as businesses prefer to export their coal than to meet their domestic market obligation (DMO) amid skyrocketing commodity prices.
2 years agoThis year’s joint military exercise between the Indonesian Military (TNI) and the United States armed forces are called “Super Garuda Shield”, indicating that the war games have been expanded to involve a total of 14 countries as well as the naval and air forces, instead of just the army.
2 years agoNearly two months after the first foot and mouth disease (FMD) case was reported, the government finally started the cattle vaccination program for 60.6 vaccine shots in 2022-2023.
2 years agoPresident Joko “Jokowi” Widodo officially enacted three laws establishing new Papuan provinces – South Papua, Central Papua and the Papua Highlands – on July 25.
2 years agoViolence in Papua has taken a new twist after chilling video footage showing members of a Papuan armed group beheading a man in Bintang Mountains regency circulated on July 19.
2 years agoA large gas deposit was discovered recently near the coast of Aceh. The Energy and Mineral Resources Ministry described the discovery as potentially one of the largest in the world.
2 years agoThe government is scratching its head over whether to increase subsidized fuel prices. The surging global prices of crude oil has forced the government to provide more energy subsidies this year.
2 years agoThe death of a junior police officer has caught the nation’s attention this past week, with the media and the public increasingly skeptical of the National Police’s claim he had been killed in a gunfight with another lower-ranking officer after he tried to sexually assault the wife of Insp. Gen. Ferdy Sambo, the chief of internal affairs.
2 years agoThe reversal of crude palm oil (CPO) prices to below US$900 per ton and its repercussions in the domestic market have forced the government to take yet another drastic measure to help the commodity by advancing the B35 biodiesel mandatory program later this month.
2 years agoOpinion polls on the 2024 presidential election show that Jakarta Governor Anies Baswedan is among the most popular public figures, but his nomination remains clouded by uncertainty.
2 years agoChina’s exports have been stronger than expected, bolstered by demand for medical goods overseas.
4 years agoAntitrust specialists see the upcoming action as more of a tremor than an earthquake.
4 years agoIndonesia, while not officially in recession yet, is predicted to record another contraction in the third quarter of 2020. In the preceding quarter the economy shrank 5.32 percent year-on-year (yoy).
4 years agoSo how can the government quickly respond to safeguard the citizen’s while keeping economic activities running and ensuring the road to recovery is equally inclusive and justifiable? The government must be aware that the key factor to it is to ensure the wellbeing of its people, protect the poor and vulnerable and make sure that business continues to support the economic recovery after the COVID pandemic.
4 years agoOne of the indicators that show improved demand is export volume from major producing countries, such as Indonesia and Malaysia. Indonesia's CPO export volume in June and July 2020 were 2.1 and 2.4 million tons respectively, the same volume as Indonesia’s CPO exports in June and July 2019.
4 years agoThe extent of the damage the pandemic has had on social and economic life is beyond comprehension.
4 years agoShe pulled off a deft bit of political maneuvering, probably born of desperation. Now South Korea's president has a sliver of breathing space as impeachment closes in and millions throng the streets to clamor for her to just go away.
8 years agoEight years ago, Barack Obama cast himself as the rare candidate who could transcend the polarizing "politics of the past" and bridge divides that had left Washington barely functioning for years. Ultimately, the gulf was too wide — if anything, the political climate in the United States worsened.
8 years agoDaring to take on China in a territorial dispute in the South China Sea, the Philippines went to an international tribunal for justice, and won big. But it turned out to be a pyrrhic victory.
8 years agoIt's a ruling that China cannot accept, and one that the Philippines must.
8 years agoFor Donald Trump, Sunday's mass shooting in Florida was a moment to redouble his call for tougher action against terrorism and to take credit for "being right" about the threat. For Hillary Clinton, it was a time to choose words carefully and reiterate her call for keeping "weapons of war" off America's streets.
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