Key Person
Key Person

Will Edhy’s Resignation Trigger Cabinet Reshuffle?

President Joko Widodo has appointed Luhut Binsar Pandjaitan as a temporary replacement for Marine Affairs and Fisheries Minister Edhy Prabowo, recently resigned after getting arrested in a corruption case. It resurfaces the cabinet reshuffle idea.

MUI New Board: Free from Opposition and Radicalism?

The appointment of the Indonesian Ulema Council’s (MUI) new board is in line with the government's agenda. Opposition and "radical" figures are also sidelined by the creation of the preacher task force.

Complicated Tasks Await Jasamarga Bali Tol Young CEO

The State-Owned Enterprises (BUMN) Minister, Erick Thohir, has appointed another young executive to lead a state-owned subsidiary. However, he has not yet appointed millennial executives to handle large ones.

Special Missions for New Garuda’s CFO

The government appoints Prasetio as Garuda's finance director to replace Fuad Rizal. He has a tough task of overhauling operation costs, as well as negotiating with aircraft lessors.

Minister Luhut Secures Massive Investment

Minister Luhut has brought home US$750 million worth of investment commitments in the infrastructure and trade sectors. Indonesia aims for a limited trade deal (LTD) worth US$60 billion by 2024.

Chairul Tanjung’s Small Bank Acquisition: Who Will Follow?

After acquiring PT Bank Harda Internasional Tbk, Chairul Tanjung will soon own shares in PT Bank Pembangunan Daerah (BPD) Bengkulu. Bank consolidation becomes increasingly common ahead of OJK's plan to implement the minimum bank capital requirement.