Jakarta (ANTARA) – PT Danantara Sumber Daya Indonesia was established to eliminate export fraud like transfer pricing, not to seize… DSI aims to stop export fraud, not seize trade: Danantara Read more
Financial
SOEs annual contribution to state revenue hits US$41.1 bln: BP BUMN
Jakarta (ANTARA) – State-owned enterprises (SOEs) remain a critical powerhouse for Indonesia’s economy, contributing between Rp600 trillion to Rp700 trillion… SOEs annual contribution to state revenue hits US$41.1 bln: BP BUMN Read more
Danantara guarantees zero layoffs during massive SOE streamlining
Jakarta (ANTARA) – The Danantara Investment Management Agency (BPI) has confirmed that it will not lay off any employees during… Danantara guarantees zero layoffs during massive SOE streamlining Read more
Indonesia launches soybean subsidy to protect tempeh producers
Bogor (ANTARA) – Trade Minister Budi Santoso described the Rp2,000-per-kilogram soybean subsidy as a government instrument to shield people from… Indonesia launches soybean subsidy to protect tempeh producers Read more
Danantara says government bankrolls village cooperatives program
Jakarta (ANTARA) – Indonesia’s sovereign wealth fund Danantara clarified that it is not responsible for financing the Red and White… Danantara says government bankrolls village cooperatives program Read more
Trade minister calls students to become ‘export activists’
Bogor, West Java (ANTARA) – Minister of Trade Budi Santoso has invited university students to become “export activists” who can… Trade minister calls students to become ‘export activists’ Read more
Indonesia’s textile industry remains resilient amid rupiah weakness
Jakarta (ANTARA) – Deputy Minister of Industry Faisol Riza said the depreciation of the rupiah and volatility in the capital… Indonesia’s textile industry remains resilient amid rupiah weakness Read more
BI records US$1.06 billion foreign capital inflows after rate hike
Jakarta (ANTARA) – Bank Indonesia said foreign investors poured Rp19.02 trillion (US$1.06 billion) into SRBI and government bonds after the… BI records US$1.06 billion foreign capital inflows after rate hike Read more
Govt allocates US$294.1 million to develop modern agriculture in Papua
Jakarta (ANTARA) – Agriculture Minister Andi Amran Sulaiman has allocated a budget of more than Rp5 trillion (US$294.1 million) for… Govt allocates US$294.1 million to develop modern agriculture in Papua Read more
Danantara safeguards assets via risk splits, distancing from 1MDB
Jakarta (ANTARA) – Danantara Indonesia's framework is explicitly engineered to avoid a repeat of Malaysia's infamous 1MDB financial scandal by… Danantara safeguards assets via risk splits, distancing from 1MDB Read more