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Society 8 months ago
PREMIUM
Government still working on draft scheme for single-price LPG
The government's plan to impose a single price for subsidized LPG canisters across all regions, to be legalized via a Perpres, aims to ensure even distribution and a fair price for all eligible consumers by preventing market manipulation.
Regulations 8 months ago
PREMIUM
Govt drops foreign loan plan for Prabowo’s 3 million homes push
Public Housing and Settlements Minister Maruarar “Ara” Sirait stated that funding is now expected to come from the state asset fund Danantara, which plans to allocate Rp 130 trillion (US$8 billion) for the housing sector.
Opinion 9 months ago
PREMIUM
Analysis: Danantara’s test case in rescuing bleeding SOEs through cross-subsidy
Danantara has little choice but to rescue financially bleeding state-owned enterprises (SOEs) by channeling dividends from profitable SOEs, as government funds are no longer permitted for such purposes. The market has responded positively to the planned rescue of near-collapse SOEs, though some have warned Danantara of the potential risk of wasting valuable investment capital.
