Billion

Canada-Indonesia Trade Gap: $7B Commerce Fails to Boost Ties

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Indonesia and Canada are utilizing the newly signed Comprehensive Economic Partnership Agreement (ICA-CEPA) to address an “underperforming” trade relationship that currently nears $7 billion annually. According to Canadian Ambassador to Indonesia Jess Dutton, the agreement aims to unlock growth in aerospace, energy, agriculture, and technology by reducing tariffs and increasing investor certainty. ICA-CEPA Tariff Reductions … Read more

Former MPR Secretary-General Detained in Rp 30 Billion Corruption Case

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The Corruption Eradication Commission (KPK) detained former People’s Consultative Assembly (MPR) Secretary-General Ma’ruf Cahyono on Thursday, one year after he was named a suspect in a procurement corruption case. Authorities allege that Cahyono solicited kickbacks totaling approximately Rp 30 billion ($1.7 million) from contractors during his tenure at the MPR Secretariat from 2019 to 2021. … Read more

Sky TV Secures Record NRL and Warriors Rights Deal

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Sky TV has secured a seven-year broadcasting agreement for NRL, NRLW, and State of Origin matches in New Zealand, running from 2028 to 2034. The deal, which requires shareholder approval at an annual meeting in November, will see select matches broadcast on the free-to-air platform Three alongside Sky Sport. What is included in the new … Read more

Questions Over Dell’s $9.7B Pentagon Contract After Trump Stock Purchase

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The intersection of high-level governance and private wealth has always been a lightning rod for controversy. However, recent developments surrounding executive financial disclosures and stock trades are signaling a profound shift in how we define “conflict of interest” in the modern era. As the line between policy-making and personal portfolio management blurs, we are witnessing … Read more

Danantara Manages $12 Billion in Assets

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Indonesia’s sovereign wealth fund, Danantara Indonesia, currently manages approximately $12 billion in investments, according to Chief Investment Officer Pandu Satria Sjahrir. Currency Fluctuations and Investment Value Speaking at the Investor Daily Roundtable at Hotel Mulia Senayan in Jakarta on Tuesday, Sjahrir noted that the fund’s investment value has declined from roughly $14 billion at the … Read more

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