President Prabowo Subianto has commended Danantara\u2019s efforts to\nstreamline state-owned enterprises (BUMNs), a move he said has generated\noverhead cost savings of more than Rp50 trillion. The savings stem from\nvarious components, including salaries for directors and commissioners,\nbuilding rent, vehicle leases, and official travel commonly undertaken\nby state-owned companies.<\/p>\n
\u201cTherefore, ladies and gentlemen, I give special appreciation to the\nleadership of Danantara and its entire team, its entire network,\u201d\nPrabowo said during his State Address at the MPR Annual Session and the\nJoint Session of the DPR-DPD RI at the Parliament Complex in Senayan,\nJakarta, on Friday, 14 August 2026.<\/p>\n
Since its inception, the Danantara Investment Management Agency was\ninitially shrouded in public doubt. Questions arose over whether state\nassets could be managed more productively if consolidated under the\nDanantara umbrella. Recent performance indicators are now providing\nanswers, with data showing a number of BUMNs recording significant\nprofit growth in the Danantara era.<\/p>\n
President Prabowo highlighted the positive momentum in his\nparliamentary address, noting sharp increases in profits at several\nstate-owned firms. These included a 804.7 per cent rise at PT Timah, 253\nper cent at Pupuk Indonesia, 196.5 per cent at Semen Indonesia, 84.6 per\ncent at Pegadaian, 80 per cent at Pertamina, 60.4 per cent at Pelindo,\n40.8 per cent at BTN, and 24.3 per cent at Bank Mandiri. Additionally,\nturnaround stories were recorded at two previously loss-making BUMNs,\nKrakatau Steel and Kimia Farma, both of which have now returned to\nprofitability. Although the reporting periods vary, the overall trend\npoints to positive figures.<\/p>\n
Communication analyst Hendri Satrio stated that Danantara\u2019s role goes\nbeyond reviving BUMN performance, asserting that it has restored public\noptimism. \u201cIt is now clear that Danantara plays a very important and\nprimary role in Indonesia\u2019s future development, at least during\nPresident Prabowo\u2019s first term, and it is very likely to be continued in\nthe future given the important and strategic role currently being\ncarried out by Danantara,\u201d said Hensat, as he is familiarly known.<\/p>\n
The current improvement in BUMN performance is not seen as a\ncoincidence but rather the result of fundamental changes in corporate\nmanagement under Danantara. Deputy Chairman of the House of\nRepresentatives\u2019 Commission VI from the Gerindra faction, Andre Rosiade,\nalso praised Danantara\u2019s positive performance in reforming the BUMNs.\n\u201cThis shows that the partnership between the DPR\u2019s Commission VI and\nDanantara Asset Management has been successful. Successful in how we\npartner and support each other to fix the existing BUMNs,\u201d Andre\nsaid.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/danantara-proves-its-mettle-pessimism-turns-to-optimism-1786719122", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }