The new head of Indonesia’s free meals agency will refocus the mission of President Prabowo Subianto ’s flagship $15 billion program engulfed in a corruption scandal with an eye on budget efficiency and scaled-down plans. The National Nutrition Agency aims to spend less than the 268 trillion rupiah ($14.9 billion) budgeted for this year by focusing on remote regions, the program’s newly appointed ...
The new head of Indonesia’s free meals agency will refocus the mission of President Prabowo Subianto ’s flagship $15 billion program engulfed in a corruption scandal with an eye on budget efficiency and scaled-down plans. The National Nutrition Agency aims to spend less than the 268 trillion rupiah ($14.9 billion) budgeted for this year by focusing on remote regions, the program’s newly appointed leader Nanik S. Deyang said at an introductory briefing alongside two new deputies in Jakarta on Thursday. She replaced Dadan Hindayana, named this week as a key suspect in a corruption investigation a day after Prabowo fired him and two deputies. The two deputies were also named as corruption suspects. Read More: Prabowo Warns Over Graft as $15 Billion Food Program Probed “We will improve the quality so we might not chase the target of reaching 82.9 million recipients, but instead focus on how can these kitchens provide healthy, nutritious food,” Deyang said. Prabowo abruptly dismissed the three officials Tuesday night, citing performance issues such as food poisoning and operational challenges. By Wednesday morning, prosecutors had conducted a search of the agency’s office. Hindayana and the two others are suspected of corruption related to alleged irregularities in the management of the free nutritious meals program in 2025-2026, Syarief Sulaeman Nahdi, director of Investigations at the Special Crimes Unit of Indonesia’s Attorney General’s Office, said at a briefing Wednesday. Deyang’s directions signal a departure from Hindayana’s expansive roll-out of the program that included the possibility of providing free meals to the children of Indonesian migrant workers in Saudi Arabia. Deyang announced a “moratorium” on new free meal kitchens as the agency tightens the screening process of applicants. The program will promote the use of existing facilities such as school canteens instead of building new kitchens, she said. The agency will also explore alternative funding sourc...
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Peter Piot co-discovered Ebola in 1976. Now, almost 50 years on, a new outbreak is spreading through parts of Central Africa. He discusses why he expects the outbreak to continue. (Source: Bloomberg)
Peter Piot co-discovered Ebola in 1976. Now, almost 50 years on, a new outbreak is spreading through parts of Central Africa. He discusses why he expects the outbreak to continue. (Source: Bloomberg)
TSMC (NYSE:TSM) has started mass production of 2nm chips using nanosheet Gate-All-Around transistors. The company is currently the only manufacturer producing this level of advanced silicon at scale. TSMC plans to increase 2nm wafer capacity by year end to support AI and high performance computing demand. TSMC enters this 2nm phase with strong recent share price momentum, with the stock at $444.92...
TSMC (NYSE:TSM) has started mass production of 2nm chips using nanosheet Gate-All-Around transistors. The company is currently the only manufacturer producing this level of advanced silicon at scale. TSMC plans to increase 2nm wafer capacity by year end to support AI and high performance computing demand. TSMC enters this 2nm phase with strong recent share price momentum, with the stock at $444.92 and up 4.7% over the past week, 12.8% over the past month and 39.2% year to date. Over longer...