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Indonesia's President Prabowo has pledged to close more than 750 state-owned enterprises by December, drastically reducing the bloated public sector from 1,074 firms to just 300. The overhaul aims to eliminate unprofitable operations and redirect billions in savings toward economic growth and social welfare.
Indonesian President Prabowo Subianto has nominated Destry Damayanti, the central bank's second-ranking official, as the only candidate for governor. Parliament has one month to approve the appointment.
Indonesian President Prabowo Subianto has instructed a thorough review of his administration's flagship free nutritious meal programme and Red and White cooperative scheme, signalling potential redesigns as both initiatives face mounting controversies.
Former Thai prime ministers Thaksin, Yingluck, and Paetongtarn Shinawatra held investment discussions with Indonesian President Prabowo Subianto in Jakarta, focusing on asset management and long-term economic development opportunities.