The rumor that the government plans to create a Sovereign Wealth Fund has been snowballing recently.
Weekly Insights Archive
The problems of expensive gas prices for industries has resurfaced after President Joko Widodo shed his resentment during the limited cabinet meeting on January 6.
The government plans to issue a presidential regulation that lists positive investments as a substitute for the Negative Investment List. Through this regulation, the number of business sectors for foreign investors will increase.
In 2020, the cost of living in Indonesia will get even higher, following the implementation of several tariff increases set by the government, from cigarette excise, toll tariff rate, to the premiums of BPJS Kesehatan.
Asuransi Jiwasraya default case has become the government’s housework as a shareholder, not only a matter of paying off claims to customers, but also efforts to save the state-owned insurer since the polemic may cause multiple effects.
Bank consolidation is still naturally happening, considering the Indonesian finance authority keeps pushing regulations to strengthen the banking capital.
State-Owned Enterprises Minister Erick Thohir is on the rise, both in the media and in public spaces. Some of his buzzes had surprised many people.
The government hopes that the Omnibus Law, a new law to amend several laws at one time, can increase the investments in Indonesia.
Clouds hung over the financial industry last week after the OJK temporary suspended the trading of investment products owned by PT Narada Aset Manajemen since the investment company defaulted on shares of securities valued at Rp 177.78 billion.
Two key ministries will receive unpleasant attention if the authority wishes to trace it back to Jakarta.