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state-assets

Regulations 2 weeks ago

PREMIUM
Danantara’s first year sparks doubts over investment focus, economic role

Analysts noted that some of Danantara’s investments over the past 12 months have potential, but others are less promising, with many still at the planning stage.

Companies 1 month ago

PREMIUM
Danantara breaks ground on $7b downstream industry projects

The projects, launched simultaneously across 13 regions on Friday, are fully funded from Danantara’s internal resources and are expected to create about 6,000 direct jobs, the fund said in a statement.

Society 3 months ago

PREMIUM
Govt finalizes land acquisition for haj village in Mecca

The outcome of the bidding for a plot of land where President Prabowo Subianto’s proposed haj village will be located is expected to be announced in late December or January.

Editorial 6 months ago

Keep Danantara in check

Concentrating vast public wealth in one body without strong oversight is a recipe for corruption, conflict of interest and declining transparency.

Academia 6 months ago

PREMIUM
The Danantara bill and the uncertain future of SOEs Ministry

Concentrating public assets in a single body like Danantara without adequate oversight invites corruption, conflicts of interest and a decrease in transparency.

Academia 7 months ago

PREMIUM
Danantara devoid of good governance and transparency

Instead of standing as an economic fortress for the nation, Danantara increasingly resembles a sovereign weak fund: fragile, unfocused and potentially a fiscal burden in the years ahead.

Economy 7 months ago

PREMIUM
Patriot bond issuance sparks concerns

Several conglomerates have publicly voiced support for the privately placed bond, which is reportedly oversubscribed ahead of the launch.

Politics 7 months ago

PREMIUM
Prabowo spearheads antigraft drive, threatens ‘unpopular actions’

In his State of the Nation address on Friday, Prabowo has taken a strong stance against corruption, warning all those who engaged in such activities that he would bring down the entire force of the law against them, regardless of their position or party.

Politics 11 months ago

Prabowo pledges to take back state assets controlled by private business

Prabowo said that state assets, which naturally belong to all citizens of a nation, should all be controlled by the government based on the 1945 State Constitution.

Politics 2 years ago

PREMIUM
BLBI task force recovers Rp 30 trillion in state assets

A government task force has reclaimed some 30 percent of the assets stolen in the Bank Indonesia liquidity support (BLBI) scandal, which had its roots in the 1998 Asian financial crisis, and has redeployed some of the assets for local administrations, state agencies and ministries.

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state-assets

PREMIUM Danantara’s first year sparks doubts over investment focus, economic role

PREMIUM Danantara breaks ground on $7b downstream industry projects

PREMIUM Govt finalizes land acquisition for haj village in Mecca