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Indonesia plans revenue boost through Sultan Hotel asset management
ID🏛️ PoliticsCenter8 hr. ago

Indonesia plans revenue boost through Sultan Hotel asset management

Indonesia's government plans to boost state revenue by optimizing the management of the Sultan Hotel area, which was recently returned to state control following an eight-year legal dispute. State Secretary Prasetyo Hadi announced that coordination is underway with the state investment body BPI Danantara to redesign the site's use. The asset was officially reclaimed on June 18, 2026, marking the end of the legal battle. The eviction process is expected to take one month before the property is transferred to BPI Danantara. Separately, BPI Danantara head Rosan Roeslani highlighted efforts to revitalize the Gelora Bung Karno complex to increase foreign tourist spending, noting that Indonesia lags behind Thailand and Singapore in tourism competitiveness.

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Antara News logoAntara NewsState / PublicCenter8 hr. ago
Indonesia plans revenue boost through Sultan Hotel asset management

Indonesia's government plans to boost state revenue by optimizing the management of the Sultan Hotel area, which was recently returned to state control following an eight-year legal dispute. State Secretary Prasetyo Hadi announced that coordination is underway with the state investment body BPI Danantara to redesign the site's use. The asset was officially reclaimed on June 18, 2026, marking the end of the legal battle. The eviction process is expected to take one month before the property is transferred to BPI Danantara. Separately, BPI Danantara head Rosan Roeslani highlighted efforts to revitalize the Gelora Bung Karno complex to increase foreign tourist spending, noting that Indonesia lags behind Thailand and Singapore in tourism competitiveness.

Bias read (Center): The article presents information about government actions related to asset management and economic strategy without overtly favoring any political ideology. It reports on official decisions and statements from government officials without introducing ideological slant or emotional language. The tone

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