TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search results
The latest cabinet reshuffle under the Prabowo Subianto administration has left the future of the State-Owned Enterprises (SOEs) Ministry uncertain. Erick Thohir, who previously led the ministry, has been reassigned to head the Youth and Sports Ministry, with no replacement or acting official named so far. Speculation over his successor is growing, while questions remain over the division of authority between the SOEs Ministry and the Daya Anagata Nusantara Investment Management Agency (Danantara).
Experts view the empty minister’s seat as evidence of the ministry’s waning purpose, as many of its former responsibilities have moved to Danantara, the country’s state asset fund now in charge of nearly 900 state firms.
The 54-year-old has walked into a club attempting a rapid turnaround in the aftermath of a disappointing 13-month spell under predecessor Kim Pan-gon that has seen Ulsan surrender their status as the kings of Korean football.
People and institutions responsible for implementing the stimulus measures were left without knowledge of the plan. Such a lack of coordination could dampen the effectiveness of the policy, which is intended to boost the economy.
On the heels of Sunday's launch of the aiport's newly renovated haj terminal, the government has disclosed a plan to overhaul Terminal 1F to serve just low-cost carriers by the end of first quarter next year.
