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.
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.
The Corruption Eradication Commission (KPK) arrested Maritime Affairs Minister Edhy Prabowo for allegedly receiving bribes to smoothen out lobster seed export permits and cargo transportation monopoly.
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.
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 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.
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.
ExxonMobil has appointed Irtiza Sayyed as the new President of ExxonMobil Indonesia, replacing Melanie Cook, who chose to retire early.
The Energy and Mineral Resources (ESDM) Minister appointed Tutuka Ariadji as Director General of Oil and Gas and Dadan Kusdiana as Director-General of Renewable Energy and Energy Conservation (EBTKE).
The government has reportedly appointed Tutuka Ariadji as the Energy and Mineral Resources (ESDM) Ministry’s Director General of Oil and Gas.