Indonesia Launches Sovereign Wealth Fund Named Danantara

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Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "This Why Electronic Land Certificates Are Safer Than Physical Ones", "A Russian Military Court Sentenced a Man Accused of Spying", you may read also "The Case of The Cinema Being Sued Because it Took Too Long to Show Advertisements" and on this occasion we will discuss about 'Indonesia Launches Sovereign Wealth Fund Named Danantara'.

President Prabowo Subianto officially launched the Anagata Nusantara Power Investment Management Agency (Danantara) in a ceremony at the Jakarta Presidential Palace on Monday, February 24 2025. The launch of Danantara marks the government's strategic step in managing national investment to encourage sustainable economic growth. "Today's launch of Danantara Indonesia has a very important meaning because Danantara Indonesia is not just an investment management body but must become a national development instrument that will optimize the way we manage Indonesia's wealth," said the President. The President emphasized that Danantara is not just an investment fund, but a breakthrough in managing state assets which aims to improve people's welfare. The government, he continued, has proven its commitment to disciplined and transparent financial management.[1]

"We have proven our commitment to managing state assets with strict financial discipline and responsible governance. In the first 100 days of the government that I led, we succeeded in securing more than 300 trillion rupiah, almost 20 billion dollars in the form of state savings," said the President. The funds that have been successfully secured will be managed by Danantara and invested in various national strategic projects, including industrialization and downstreaming. The President believes that these projects will provide significant added value to the national economy. "High impact projects that will create significant added value for our nation, create real benefits, quality jobs and long-term prosperity for the Indonesian people," added the President.[2]

On this occasion, the President expressed his appreciation to all parties who played a role in realizing Danantara. He called this launch a historical milestone towards economic independence, national resilience and people's welfare. "With Daya Anagata Nusantara, which means future energy for the archipelago, future energy for Indonesia," said the President. The Head of State reminded Danantara Indonesia to be managed carefully and transparently. With this launch, the President believes that Indonesia can continue to move forward and be stronger and more united than before. “With this belief, let us move together, united in purpose, firm in determination, and confident that Indonesia's greatest achievements are still ahead of us. Brothers and sisters, believe that Indonesia will achieve its goals, we will become a developed country, a prosperous country, an honorable country," concluded the President.[3] 

As additional information, neighboring Singapore has a Souverign Wealth Fund called Temasek Holdings. Temasek has been established since 1974. As an investment agency, Temasek invests more in the form of equity. As of 2021, Temasek owns and manages a net portfolio of S$ 405 billion. And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Presiden Prabowo Resmikan Danantara, Wujud Komitmen Pengelolaan Investasi Berkelanjutan", www.ksp.go.id., 24/02/2025, Diakses pada tanggal 27 Februari 2025, Link: https://www.ksp.go.id/presiden-prabowo-resmikan-danantara-wujud-komitmen-pengelolaan-investasi-berkelanjutan.html

2. Ibid.

3. Ibid.

This Why Electronic Land Certificates Are Safer Than Physical Ones

  

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "A Russian Military Court Sentenced a Man Accused of Spying", "The Case of The Cinema Being Sued Because it Took Too Long to Show Advertisements", you may read also "Orphaned Teenager Steals Bananas to Support Younger Brother in Pati, Central Java" and on this occasion we will discuss about 'This Why Electronic Land Certificates Are Safer Than Physical Ones'.

The government has started implementing and inviting people to switch to electronic land certificates. Minister of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) Nusron Wahid ensures that electronic land certificates are safer than paper or physical documents. Nusron explained that electronic certificate storage in the data center is backed up in layers. This will make it difficult for hackers to retrieve land certificate data. "The data center is layered. It is stored, I cannot mention it. It is stored in five places. Layered here, here, backed up and so on. There is first line, second line, third layer, fourth layer, up to fifth layer, up to layers," said Nusron when met by journalists at the ATR/BPN office, South Jakarta.[1]

According to him, hackers will not be able to break into these five layers. In this way, electronic certificates are considered safe. "It's impossible for electronic goods with back-up to be layered, isn't it? If someone hacks them or breaks them, it's all broken, it's impossible," he said.[2]

In contrast to paper certificates, according to Nusron, these documents are actually more unsafe. He said paper certificates were easily lost due to theft or accidents such as fire. "If it's paper, once it's stolen, stolen, robbed (if) one is lost (then) it's all lost. Fire, everything's lost. If you can check this on your laptop, you can check it on your cellphone, you can check this," said Nusron.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Alasan Sertifikat Tanah Elektronik Lebih Aman Ketimbang Fisik", www.detik.com, Maulani Mulianingsih, 23 Februari 2025, Diakses pada tanggal 27 Februari 2025, Link: https://www.detik.com/properti/kepemilikan-rumah/d-7791484/alasan-sertifikat-tanah-elektronik-lebih-aman-ketimbang-fisik.

2. Ibid.

3. Ibid.

A Russian Military Court Sentenced a Man Accused of Spying

 

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "The Case of The Cinema Being Sued Because it Took Too Long to Show Advertisements", "Orphaned Teenager Steals Bananas to Support Younger Brother in Pati, Central Java", you may read also "Ari Bias Sues Agnes Monica for Alleged Copyright Infringement of the Song 'Bilang Saja'" and on this occasion we will discuss about 'A Russian Military Court Sentenced a Man Accused of Spying'.

A Russian military court sentenced a man accused of spying for Ukraine to 16 years in prison. This Russian man is accused of providing data about military sites near Moscow to Ukraine and preparing attacks in that country. The Russian Investigative Committee in its statement, said the unidentified man filmed an air defense system in the Podolsk area, which is about 40 kilometers south of Moscow, in April last year. The man then sent images of the air defense system, accompanied by geographic data, the Russian Investigative Committee said, to his "mentor in Ukraine to guide drone strikes against these military sites".[1]

The Russian Investigative Committee said that the man on trial also brought weapons from Ukraine to Russian territory in 2017, to prepare attacks in several regions, including Bryansk, Kursk and Belgorod, all of which border Ukraine. A Russian military court also found the man guilty on charges of preparing an attack, weapons smuggling and involvement in terrorist activities.[2] 

Russia has launched a crackdown on those who criticize what it calls Moscow's special military operations in Ukraine since February 2022. The critics are being tried on various charges, ranging from treason, terrorism, extremism, sabotage, to espionage. Increasingly, trials against critics of Russia's military operations or invasion of Ukraine are increasing.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Jadi Mata-mata Ukraina, Pria Rusia Divonis 16 Tahun Bui", news.detik.com., Novi Christiastuti, 25 Feb 2025, Diakses pada tanggal 26 Februari 2025, Link: https://news.detik.com/internasional/d-7795045/jadi-mata-mata-ukraina-pria-rusia-divonis-16-tahun-bui

2. Ibid.

3. Ibid.

The Case of The Cinema Being Sued Because it Took Too Long to Show Advertisements

 

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Orphaned Teenager Steals Bananas to Support Younger Brother in Pati, Central Java", "Ari Bias Sues Agnes Monica for Alleged Copyright Infringement of the Song 'Bilang Saja'", you may read also "Bitner Sianturi Has Withdrawn His Lawsuit to Street Vegetable Seller" and on this occasion we will discuss about 'The Case of The Cinema Being Sued Because it Took Too Long to Show Advertisements'.

The Consumer Court in Bangalore, India, decided that the PVR INOX cinema chain must compensate for the delay in screening the film which occurred in December 2023. The case that happened to Abhishek MR (30) began when he ordered three tickets for a Bollywood film which was scheduled to be shown at 16.05 local time, but the film only started at 16.30 because the trailer and advertisements were 25 minutes long. In his lawsuit, Abhishek stated that the delay made him lose valuable time and disrupted his schedule, so that he could not return to work on time after the film ended.[1]

He claimed that the incident caused mental suffering and caused losses that could not be measured in money. "In the modern era, time is money. Everyone has valuable time, and no one has the right to waste other people's time and money," he said. He added, "It is very difficult for busy people with busy schedules to watch unnecessary advertisements."[2]

In the decision that was handed down, the court ordered PVR INOX to pay a fine of 100,000 rupees (around IDR. 19 million), plus compensation of 50,000 rupees (around IDR. 9.4 million) for mental suffering, as well as 10,000 rupees (around IDR. 1.8 million) for the costs of filing a complaint. The cinema stated that screening public service advertisements was an obligation of the government, as well as providing an opportunity for viewers who arrived late. However, the court considered that broadcasting commercial advertisements beyond the scheduled time was unjustified. Meanwhile, ticket booking platform BookMyShow, which Abhishek also sued, was found not liable as it had no control over the screening of advertisements in cinemas.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Protes Iklan di Bioskop Kelamaan, Pria Ini Menang Gugatan Rp 30 Juta", www.Kompas.com, Aditya Jaya Iswara, Dkk., 23/02/2025, Diakses pada tanggal 25 Februari 2025, Link: https://internasional.kompas.com/read/2025/02/23/210131870/protes-iklan-di-bioskop-kelamaan-pria-ini-menang-gugatan-rp-30-juta?source=sorotan#google_vignette

2. Ibid.

3. Ibid.

Orphaned Teenager Steals Bananas to Support Younger Brother in Pati, Central Java

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Ari Bias Sues Agnes Monica for Alleged Copyright Infringement of the Song 'Bilang Saja'", "Bitner Sianturi Has Withdrawn His Lawsuit to Street Vegetable Seller", you may read also "Viral, Case of Lawsuit to Street Vegetable Seller at Magetan District Court" and on this occasion we will discuss about 'Orphaned Teenager Steals Bananas to Support Younger Brother in Pati, Central Java'.

Tlogowungu Police visited the residence of a teenager who went viral for stealing bananas to support his younger sibling. The 17-year-old teenager and his younger brother were given assistance and appointed as Police foster children. As reported, the teenager's mother died seven years ago. Meanwhile his father went somewhere and there was no news.[1]

"This incident received the attention of the Pati Police Chief. We wanted to ensure that this teenager and his younger brother were in good condition, so we came to visit and provide a little assistance," explained the Tlogowungu Police Chief, AKP Mujahid. He said that assistance was given to the teenager and his younger brother. They are also given educational assistance. "We also provide assistance with education costs so that they can continue attending school," he explained.[2]

Not only that, the teenager will be invited to the foundation he manages in Pati. Mujahid also plans to invite the two of them to live at his foundation. So that in the future you can recite the newspaper and the next day you can go to school. "I didn't take him to my foundation, but I had to go to Pati. Later, I'll watch the mosque, recite the Koran at night, and go to school in the morning. I mean the important thing is to go to school first," he explained.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Remaja Yatim Curi Pisang Untuk Hidupi Adik di Pati Jadi Anak Asuh Polisi", news.detik.com., Dian Utoro Aji, 22 Feb 2025, Diakses pada tanggal 24 Februari 2025, Link: https://news.detik.com/berita/d-7790079/remaja-yatim-curi-pisang-untuk-hidupi-adik-di-pati-jadi-anak-asuh-polisi

2. Ibid.

3. Ibid.

Ari Bias Sues Agnes Monica for Alleged Copyright Infringement of the Song 'Bilang Saja'

  

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Bitner Sianturi Has Withdrawn His Lawsuit to Street Vegetable Seller", "Viral, Case of Lawsuit to Street Vegetable Seller at Magetan District Court", you may read also "Electronic BPKB (Motor Vehicle Owner's Book) Has Been Launched in Indonesia" and on this occasion we will discuss about 'Ari Bias Sues Agnes Monica for Alleged Copyright Infringement of the Song 'Bilang Saja'.

The civil lawsuit of songwriter Ari Bias against Agnes Monica or Agnez Mo was granted by a judge at the Jakarta Commercial Court. Agnez Mo had to pay Ari a fine of IDR 1.5 billion. A fine of IDR 1.5 billion must be paid because Agnez Mo was found guilty of violating the Copyright Law, not having permission to sing the song 'Bilang Saja' created by Ari Bias, while performing at three different events. Ari Bias emphasized that Agnez Mo had not provided any response regarding the decision of the Jakarta Commercial Court, which asked him to pay compensation of IDR 1.5 billion to Ari.[1]

In its decision, the Panel of Judges considered two main things in the main case. First, the legal ownership of the copyright for the song "Bilang Saja" by Ari Bias. Second, commercial use of songs without permission by Agnes Monica. Based on the evidence presented, including the Creation Registration Letter from the Directorate General of Intellectual Property (DJKI), the Judge stated that Ari Bias was the creator and copyright holder of the song "Bilang Saja". In addition, video evidence and concert posters show that Agnes Monica has performed the song in three performances without permission from Ari Bias. For this reason, the Panel of Judges partially granted Ari Bias' lawsuit and decided that the use of the song "Bilang Saja" by Agnes Monica without permission violated Article 9 paragraphs (2) and (3) of Law Number 28 of 2014 concerning Copyright. This article requires anyone who uses a work commercially to obtain permission from the creator or copyright holder.[2] Until it was published, this case still did not have permanent legal force. And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Ari Bias Menangkan Gugatan, Apa Reaksi Agnez Mo soal Ganti Rugi Rp 1,5 Miliar?", www.tribunnews.com., Anita K Wardhani, 6 Februari 2025, Diakses pada tanggal 20 Februari 2025, Link: https://www.tribunnews.com/seleb/2025/02/06/ari-bias-menangkan-gugatan-apa-reaksi-agnez-mo-soal-ganti-rugi-rp-15-miliar

2. "Melihat Kembali Pertimbangan Putusan Agnes Mo vs. Ari Bias", www.hukumonline.com., Mochamad Januar Rizki, 18 Februari 2025, Diakses pada tanggal 20 Februari 2025, Link: https://www.hukumonline.com/berita/a/melihat-kembali-pertimbangan-putusan-agnes-mo-vs-ari-bias-lt67b4693717b3a/?page=2

Bitner Sianturi Has Withdrawn His Lawsuit to Street Vegetable Seller

  

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Viral, Case of Lawsuit to Street Vegetable Seller at Magetan District Court", "Electronic BPKB (Motor Vehicle Owner's Book) Has Been Launched in Indonesia", you may read also "Scammed by a Itinerant Street Vendor" and on this occasion we will discuss about 'Bitner Sianturi Has Withdrawn His Lawsuit to Street Vegetable Seller'.

The owner of a vegetable stall in Magetan, East Java, Bitner Sianturi, withdrew his lawsuit for IDR 540 million. The lawsuit was previously addressed to a traveling vegetable seller named Marno, the village head, and 3 other people. The decision was read out by chief judge Rintis Candra in front of the defendants and plaintiffs at the Magetan Regency District Court.[1]

"Thank God, the Magetan District Court succeeded in reconciling the parties involved, Mr. Bitner and the five defendants," said Magetan District Court spokesperson Dedy Alparesi. According to Dedy, Bitner has agreed to withdraw the lawsuit without conditions which he has agreed to. Bitner's lawsuit is recorded in register No. 4/Pdt.G/2025/PN Magetan. "The plaintiff agreed to withdraw the lawsuit..." explained Dedy.[2] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Pemilik Warung di Magetan Cabut Gugatan Rp 540 Juta ke Tukang Sayur-Kades", news.detik.com., Sugeng Harianto, 12 Feb 2025, Link: https://news.detik.com/berita/d-7775024/pemilik-warung-di-magetan-cabut-gugatan-rp-540-juta-ke-tukang-sayur-kades

2. Ibid.

Viral, Case of Lawsuit to Street Vegetable Seller at Magetan District Court

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By:

Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Electronic BPKB (Motor Vehicle Owner's Book) Has Been Launched in Indonesia", "Scammed by a Itinerant Street Vendor", you may read also "Deceived by Buying Durian Online" and on this occasion we will discuss about 'Viral, Case of Lawsuit to Street Vegetable Seller at Magetan District Court'.

Bitner Sianturi filed a lawsuit against two mobile vegetable traders on the grounds that their efforts caused his grocery store to lose customers. He demanded compensation because he felt that his income had decreased drastically due to competition with the traveling traders. He is demanding compensation of IDR. 540 million and IDR. 1,000,- as material compensation due to losses he claims to have suffered over the last five years.[1] It was also reported that Bitner filed this lawsuit via the E-court application independently without using the services of a lawyer.[2]

In his lawsuit, Bitner sued two street vegetable seller, namely Sumarno alias Marno and Wiyono. Apart from that, other parties who were also sued were the Head of Pesu Village and other Village Officials.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 

*) For further information please contact:

Mahmud Kusuma Advocate

Law Office

Jakarta - Indonesia.

E-mail: mahmudkusuma22@gmail.com

________________

References:

1. "Bitner Sianturi Cabut Gugatan, tapi Tetap Minta Pedagang Sayur di Magetan Bayar Ganti Rugi Rp. 1.000,- dan Rp. 540 Juta", www.kompas.com, Tri Indriawati, 12 Februari 2025, Diakses pada tanggal 19 Februari 2025, Link: https://www.kompas.com/jawa-tengah/read/2025/02/12/151331588/bitner-sianturi-cabut-gugatan-tapi-tetap-minta-pedagang-sayur-di

2. "Viral Kasus Bitner Sianturi vs Tukang Sayur Keliling, PN Magetan Soroti Efektivitas E-Court", www.jatimtimes.com., Basworowati Prasetyo Nugraheni - Editor : Nurlayla Ratri, 10 Februari 2025, Diakses pada tanggal 19 Februari 2025, Link: https://jatimtimes.com/baca/331211/20250210/153700/viral-kasus-bitner-sianturi-vs-tukang-sayur-keliling-pn-magetan-soroti-efektivitas-e-court

3. "Dalih Bitner Gugat Penjual Sayur Rp 540 Juta gegara Warungnya Sepi", www.detik.com., Amir Baihaqi, Jumat, 07 Feb 2025, Diakses pada tanggal 19 Februari 2025, Link: https://www.detik.com/jatim/hukum-dan-kriminal/d-7766888/dalih-bitner-gugat-penjual-sayur-rp-540-juta-gegara-warungnya-sepi