Jakarta – The Corruption Eradication Commission (KPK) is intensifying its investigation into the alleged corruption case involving the Secretary-General of the Indonesian Democratic Party of Struggle (PDI-P), Hasto Kristiyanto (HK), who has been named a suspect in a bribery case linked to the management of 2019-2024 DPR RI members. The case has also drawn attention … Read more
KPK Intensifies Investigation into LPEI Corruption Case, Confiscates Luxury Assets Worth Billions Jakarta – The Corruption Eradication Commission (KPK) has escalated its investigation into alleged corruption at the Indonesian Export financing Institution (LPEI), uncovering a complex web of financial mismanagement and state losses estimated at IDR 1 trillion. In a significant growth, KPK investigators conducted … Read more
Indonesia’s SOE Restructuring: Fewer Companies,greater Efficiency Indonesia’s Minister of State-Owned Enterprises (SOEs),Erick Thohir,announced ambitious plans to significantly reduce the number of state-owned enterprises (BUMNs) from 47 to 30. This restructuring, he says, aims to boost efficiency and foster stronger partnerships with small and medium-sized enterprises (SMEs). Speaking at BNI City Station on January 1, … Read more
Jakarta Rail System Revamp: Station Closure and Airport Link Upgrades Jakarta, indonesia – Indonesia’s transportation infrastructure is undergoing a notable transformation, with plans to overhaul the city’s rail network. Key changes include the potential closure of a commuter rail station and substantial improvements to the airport rail link. The proposed closure of Karet Station, a … Read more
Indonesia Aims too Streamline State-Owned Enterprises Table of Contents Indonesia Aims too Streamline State-Owned Enterprises Indonesia’s SOE Shakeup: Major Mergers Planned for 2025 Key Mergers on the Horizon Maritime Consolidation: Pelindo, Pelni, and ASDP Railroad Integration: KAI and INKA Plantation Powerhouse: PTPN and Perhutani Healthcare Consolidation: Holding RS BUMN and Bio Farma Construction Sector Restructuring: … Read more