House, govt talk about TNI Law revision, emphasizing retirement age and civilian postings

Defense, foreign affairs, and intelligence Commission I at the House of Representatives (DPR) held a hearingwith Minister of Defense Sjafrie Sjamsoeddin and Minister of Law and Human Rights Supratman Andi Agtas on Tuesday, March 11, 2025, discussing the Draft Law (RUU) on Amendments to Law No. 34/2004 on the Indonesian Military (TNI). Chairman of the … Read more

Prabowo Subianto Djojohadikusumo | Indonesia Business Post

Prabowo Subianto Djojohadikusumo was born in Jakarta on the 17th of October 1951 to a distinguished family. Djojohadikusumo is the current Minister of Defence. His father, Prof. Dr Soemitro Djojohadikusumo was a famous Indonesian economist as well as the architect of the economic plan for the New Order. Soemitro was also a Minister of Trade … Read more

Prabowo vows to bow out of 2029 presidential race if his performance falls short

Mineral security partnership and energy geostrategy By: Sampe L. PurbaThe Mineral Security Partnership (MSP) is an initiative launched by the U.S. Department of State in 2022. This initiative currently collaborates with 14 countries, including Australia, Canada, Japan, Germany, Finland, and the European Union (EU). The goal is to accelerate public and private investment in a … Read more

KPK names tax official Mohammad Haniv suspect in Rp21.5 billion gratuity case

The Corruption Eradication Commission (KPK) has named Muhammad Haniv, a senior official with the Directorate General of Taxation, as a corruption suspect for receiving Rp21.5 billion (US$1.3 million) in gratification.   Asep Guntur Rahayu, Director of Investigation at the KPK, said that the alleged gratification occurred in 2015-2018 when Haniv was still the Head of … Read more

Operating officers in “Sambo Case” and their controversial promotion

Public trust is the most valuable asset of all government organizations, including law enforcement institutions, whose operational expenditures are financed by taxpayers money. However, the decision of the National Police (Polri) to promote six officers involved in the obstruction of justice case at times of the investigation of the August 9, 2022 murder of Brigadier … Read more

KPK detains PDI-P Secretary General in graft case involving bribery, obstruction of justice

  “For the purposes of the investigation, detention [on Hasto] is carried out for 20 days from February 20, 2025 to March 11, 2025,” KPK chairman Setyo Budiyanto said on Thursday, February 20, 2025.   Setyo said that Hasto arranged and controlled his staff Donny Tri Istiqomah (DTI) to lobby Wahyu Setiawan, then commissioner at … Read more

Danantara poised to surpass Singapore’s GIC, become one of the world’s largest

  In Southeast Asia, Danantara is not the first. GIC is one of three major investment entities in Singapore that manages sovereign wealth funds and foreign exchange reserves established in 1981. The other two entities are Temasek Holdings (Private) Limited and the Monetary Authority of Singapore (MAS).   Wanming Du, Policy Director at FTSE Russell … Read more

Indonesia’s BI Boosts Economic Growth with Rp295T Allocation to Priority Sectors

Revolutionizing Indonesia‘s Economy: bank Indonesia’s Strategic Stimulus JAKARTA, Indonesia (Feb. 19, 2025) — Bank Indonesia (BI) has dramatically expanded its economic stimulus package, reaching Rp295 trillion (US$18 billion) by the second week of February 2025. This represents a significant increase from Rp259 trillion at the end of October 2024. The massive injection of funds aims … Read more

BI boosts macroeconomic liquidity incentives to Rp295T for priority sectors

  “Until the second week of February 2025, BI has provided this incentive of Rp295 trillion (US$ 18 billion), an increase by Rp36 trillion from Rp259 trillion at the end of October 2024,” Perry said on Wednesday, February 19, 2025.   The incentives were mostly given to private banks at Rp131.9 trillion, State-owned enterprise (SOEs) … Read more