JAKARTA, March 7 (Xinhua) -- Not even five months into his term, Indonesian President Prabowo Subianto has introduced a series of economic breakthroughs that aim to attract significant investments, ...

Toto Pranoto, a state-owned enterprises observer from the Faculty of Economics and Business at the University of Indonesia, said that Danantara could drive Indonesia's economy, reducing reliance ...

According to Toto Pranoto, an economics expert from the University of Indonesia, dividends from state-owned enterprises were given to the finance ministry before Danantara was established. “ ...

Toto Pranoto, a SOEs analyst at the University of Indonesia, said around 85% of SOEs’ profits came from just a quarter of the companies, meaning most of them could be regarded as underperforming.

However, Danantara's "independent non-bureaucratic body" structure would prohibit political meddling into its operations, said Toto Pranoto, an SOEs expert at the University of Indonesia.

Toto Wolff has said there are no plans for Ineos to withdraw their support for the Mercedes Formula 1 team despite the British company looking to scale back on outgoings. The Sir Jim Ratcliffe ...