News Analysis: Indonesian president drives economic growth with a series of policies
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, ...
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News Analysis: Indonesian president drives economic growth with a series of policies
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 ...
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Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
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. “ ...
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Jakarta should ease SOE debt, say analysts
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.
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Indonesia’s funding plan for new investment arm sparks backlash, transparency concerns
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.
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Toto Wolff clarifies Mercedes’ Ineos future after reported sponsorship cutbacks
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 ...