March 14, 2025 | 05:12 pm

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Thursday, March 13, 2025. Here are the highlights: Danantara Won't Pledge Government Shares, Says Deputy Minister of Finance; President Prabowo Wants More Research Fund up to 1% of GDP; and G7 Foreign Ministers Converge; Talks Focus on Ukraine Peace and China's Influence.
The following is the list of the top 3 news on Tempo English today:
1. Danantara Won't Pledge Government Shares, Says Deputy Minister of Finance TEMPO.CO, Jakarta - Deputy Minister of Finance Thomas Djiwandono addressed the role of the Sovereign Wealth Fund, Danantara. He clarified that the investment institution is designed to bolster the function of state-owned enterprises (SOEs).
Thomas, who is the nephew of President Prabowo Subianto, emphasized that Danantara has the authority to manage dividends. However, he ensured that it will not engage in the pawning of government shares in SOEs.
2. President Prabowo Wants More Research Fund up to 1% of GDP
TEMPO.CO, Jakarta - President Prabowo Subianto is working towards increasing research funding for higher education institutions in Indonesia to 1 percent of the country's gross domestic product (GDP). This is expected to help drive national economic and industrial growth.
This information was shared by Minister of Higher Education, Science, and Technology, Brian Yuliarto, following a meeting and discussion between the President, university rectors, and leaders of state and private higher education institutions in Jakarta.
3. G7 Foreign Ministers Converge; Talks Focus on Ukraine Peace and China's Influence
TEMPO.CO, Jakarta - G7 foreign ministers convened at a small Canadian resort on Wednesday, initiating discussions on critical global issues ranging from the ongoing war in Ukraine to strategic challenges posed by China's growing influence in the Indo-Pacific region.
Diplomats representing Britain, Canada, France, Germany, Italy, Japan, and the United States, along with the European Union, are set to formally commence their talks in La Malbaie, Quebec, on Thursday. This meeting occurred just two days after the United States and Ukraine reached an agreement to resume military aid and intelligence sharing, signaling a renewed effort to strengthen their relationship.
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Prabowo's Message to Rectors: Uphold Academic Integrity, Advance Research
3 jam lalu

Prabowo encourages universities to produce excellent graduates to achieve national self-reliance in various sectors.
President Prabowo Wants More Research Fund up to 1% of GDP
7 jam lalu

Minister Brian Yuliarto stated that President Prabowo aims to increase the research fund to 1% of the GDP.
Danantara Won't Pledge Government Shares, Says Deputy Minister of Finance
10 jam lalu

Deputy Minister of Finance Thomas Djiwandono said Danantara is designed to bolster the function of state-owned enterprises (SOEs).
Prabowo Urges University Rectors to Back Government Initiatives
11 jam lalu

Prabowo hoped that universities could become the backbone of research and contribute to the realization of government programs.
The Danger of Mismanaging Bullion Banks
11 jam lalu

The establishment of bullion banks needs good risk management and close oversight. It could have systemic implications.
G7 Foreign Ministers Converge; Talks Focus on Ukraine Peace and China's Influence
20 jam lalu

G7 foreign ministers convened at a small Canadian resort on Wednesday, initiating discussions on critical global issues.
Prabowo: Civil Servants' THR Disbursed March 17, Performance Allowances Paid in Full
20 jam lalu

Prabowo has signed Government Regulation Number 11 of 2025 concerning the policy of Eid allowance and 13th-month salary for civil servants.
Is Rempang Eco City Project Halted After Exclusion from Prabowo's PSN List?
20 jam lalu

Rempang Eco City and Pulau Tanjung Sauh projects, previously designated under President Joko Widodo's term, are absent from Prabowo's PSN list.
Russia Criticises US Ceasefire Idea for Ukraine as Putin Plays Hardball
21 jam lalu

Trump hoped the Russia would agree to the U.S. proposal for a 30-day ceasefire that Ukraine said it would support.
Prabowo Invites Universities Top Officials to Presidential Palace
22 jam lalu

Prabowo mentioned higher education in Astacita during his presidential campaign.