Indonesia’s Military Celebrates 79th Anniversary
President Jokowi led the celebrations of the 79th anniversary of the Indonesian Military (TNI) at Silang Monas in Central Jakarta on Saturday (5/10/24,) featuring a military parade and performances by popular Indonesian musicians, according to reporting from Jakarta Globe. Jokowi was accompanied by key officials, including President-elect Prabowo Subianto, his eldest son and Vice President-elect
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OJK to Allow Investment Managers to Establish Pension Funds
Indonesia’s Financial Services Authority (OJK) will soon allow investment managers to operate financial institution pension funds (DPLK), expanding their role in managing retirement plans alongside banks and insurance companies, according to reporting from Jakarta Globe. Ogi Prastomiyono, OJK’s Chief Executive for Insurance and Pension Fund Supervision, said that this change aims to provide more options for
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