When National Police Chief Gen. Sutanto launched massive crackdowns on gambling activities throughout Indonesia, the kingpins were forced to create an informal network to carry out mitigation efforts. The forerunner of the "Consortium" was born.
Being blindsided by Canberra's plans to form the AUKUS, Jakarta considers this as "a slap to the face," showing the lack of trust from the neighbor and showing that Australia has never viewed Indonesia as a peer and equal in the region.
Foot and Mouth Disease (FMD) is spreading fast in Indonesia. Within three months, the disease has affected 447,257 cattle, buffalo, goats, and pigs in 22 provinces, forcing the government to establish a Specific State of Emergency for FMD.
The Indonesian government has postponed the carbon tax implementation again, even though it should have been in effect this month. Finance Minister Sri Mulyani revealed that its legislative process went relatively well.
“Pressures might increase on the rupiah as capital outflows continue and commodity prices ease. Bank Indonesia has stated its readiness to adjust its policy interest rate.”
PT Pertamina (Persero) plans to restrict people from purchasing three-kilogram canister liquefied petroleum gas (LPG), Pertalite, and diesel fuel by utilizing an information technology system.
The latest reshuffle aims not to improve the government's performance but only to accommodate political interests ahead of the 2024 Presidential Election by dividing political positions for political forces and parties supporting Jokowi.
Business efficiencies, including layoffs, are considered necessary for many startups to prolong life and prevent quick death amid funding winter. The pressure for mergers and acquisitions is mounting to end high-cost competition and create path to profit.
