Navigating Uncertainty: Why Indonesia Needs a National Maritime Strategy

Navigating Uncertainty: Why Indonesia Needs a National Maritime Strategy

President Prabowo Subianto has plans to modernize the country's military, but there is a hole at the center of his strategy.

Prabowo faces investor revolt over Indonesia’s economic path

For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin. The ex-general has been causing unease with his populist spending measures, plans to dilute the central bank’s independence and aggressive policies against foreign businesses like Apple Inc. He fast-tracked laws to expand the role of the…

Minister of State Sri Mulyani: Indonesia's fiscal and economic indicators are good

President Prabowo Subianto commented on the high price of chilies in the market recently.

In addition to the 4 President Directors of Bank Himbara and the Governor of BI, Prabowo also summoned Minister of Finance Sri Mulyani, Coordinating Minister for the Economy Airlangga Hartarto, Head of PPATK Ivan Yustiavandana, Minister of Investment Rosan Roeslani, and Head of OJK Mahendra Siregar to the Palace.

Indonesia Markets Plunge as Prabowo’s Policies Fuel Investor Alarm

Investors are growing increasingly jittery about Indonesia’s economic trajectory under President Prabowo Subianto, as his populist policies and institutional meddling sparked a abrupt market sell-off this week. The anxiety has been brewing for months, but the sudden rout indicates that investor patience is running out. The tipping point came on Tuesday, when rumors swirled about the potential… Source