Danantara Develops Waste-to-Energy Project, Coretax System Draws Economic Attention

Indonesian economic news on Monday, July 13, highlighted significant developments across various sectors. PT Danantara Investment Management, in partnership with PT Daya Energi Bersih Nusantara, has finalized the selection of eight partners for the second phase of its waste-to-energy (PSEL) project. This marks a crucial step in advancing the initiative.

Beyond waste management, Danantara is actively driving national resource beneficiation, with 26 strategic projects underway. These projects represent a substantial investment of $9.3 billion and are expected to create over 37,000 jobs, enhancing the value of Indonesia's natural resources.

In the food sector, the government's "Nutritious Free Meal Program" (MBG) has expanded its reach, now involving approximately 148,000 local food suppliers. This program aims to strengthen local economies by ensuring a steady market for community produce.

Meanwhile, PT Pertamina Patra Niaga has imported 45,900 metric tons of Liquefied Petroleum Gas (LPG) from the United States to bolster national energy security. The shipment arrived via the Pertamina Gas 1 vessel from Freeport, Texas.

Finally, the Directorate General of Taxes announced a significant digital transformation, with the full implementation of the Coretax system for all tax administration processes scheduled for July 2026. This move signals a new era of digitized tax services in Indonesia.