Tag - indonesia

 
 

INDONESIA

Indonesia's President Prabowo Subianto has pushed for an increased role of the government, including expanding the economic power of its sovereign wealth fund Danantara.
BUSINESS / Markets
Jun 29, 2026
Prabowo risks prompt global banks to pull cash out of Indonesia
Some banks decided to curb exposure to Indonesia as they became increasingly concerned over the country’s policy direction that has dented foreign investors’ confidence.
Russian President Vladimir Putin and Singaporean Prime Minister Lawrence Wong meet on the sidelines of the Russia-ASEAN Summit in Kazan, Russia, on June 18.
COMMENTARY / World
Jun 25, 2026
ASEAN-Russia summit signals multipolar shift
Leaders’ engagement in Kazan underscores Southeast Asia’s pragmatic diplomacy amid global realignment.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
Gojek and Grab drivers during the morning rush hour in Jakarta, Indonesia, on Nov. 24, 2025.
BUSINESS
Jun 18, 2026
Tech founder’s downfall in Indonesia shows rising business risks
Nadiem Makarim now faces the prospect of 18 years in jail if found guilty of corruption during his stint as education minister.
Defense Minister Shinjiro Koizumi walks with his Indonesian counterpart, Sjafrie Sjamsoeddin, as the two inspect an honor guard during a welcome ceremony in Jakarta on May 4.
JAPAN / Politics / FOCUS
Jun 17, 2026
Japan steps on the gas in unprecedented regional defense export push
Japan is moving with unusual speed to deepen defense ties across the Indo-Pacific after easing military export rules, with Indonesia emerging as one of the clearest beneficiaries.
India’s central bank has often been seen intervening just before onshore open to ease pressure on the rupee.
BUSINESS
Jun 11, 2026
Asia’s currency fight moves offshore as central banks push back
Policymakers have ramped up efforts to curb offshore forex speculation as high oil prices, foreign fund exodus and a strong dollar pressure regional currencies.
A security guard takes a selfie beside the Maritime Self-Defense Force's Amagiri, an Asagiri-class destroyer, upon its arrival for a goodwill visit in Metro Manila in February 2018.
JAPAN / ANALYSIS
Jun 10, 2026
How Tokyo aims to turn retired military equipment into lasting strategic returns
Japan’s export of used military gear to partner nations could deliver decades of strategic returns, analysts say.
A decaying Dutch-era colonial house in Teuku Umar Street in Menteng, Jakarta on May 28
BUSINESS
Jun 9, 2026
Rotting $16 million mansion exposes Indonesia’s tangled legal system
The Jakarta property is just one of many that lie derelict amid protracted wrangles over ownership which are complicated by poor records keeping and overlapping legal systems.
The Maritime Self Defense Force's Asagiri-class destroyer Setogiri is docked for a goodwill visit to Metro Manila in May 2018.
JAPAN
Jun 6, 2026
Japan and Indonesia to begin talks on exporting Asagiri-class destroyers
The agreement to begin working-level discussions is the latest in a push by Tokyo to transfer defense equipment to like-minded partners.
A farmer harvests oil palm fruit at a plantation in Indonesia’s Central Kalimantan province last July.
BUSINESS
Jun 5, 2026
Indonesia’s radical export plan takes effect as doubts swirl
Indonesia is facing severe investor pressure as questions have grown around governance and its economic outlook under President Prabowo Subianto.
A rice paddy field on the outskirts of Srinagar, Indian Kashmir, this month.
ASIA PACIFIC
Jun 5, 2026
Hot weather hurts Asian crops as powerful El Nino takes shape
Dry weather is disrupting crop planting across the world’s most populous region, and an expected severe El Nino weather pattern could inflict more damage.
Japanese rock band Sakanaction gained belated attention worldwide after its 2012 song “Yoru no Odoriko” was paired with a viral video of an Indonesian preteen’s dance.
CULTURE / Music
May 29, 2026
Sakanaction’s overseas breakthrough came from a viral dance meme
A video of an Indonesian preteen dancing on a boat became the unlikely springboard for Japanese rockers Sakanaction to gain global attention.
A truck carrying rare earths travels toward Lynas Corp's Mount Weld processing plant, northeast of Perth, in Western Australia.
BUSINESS / Markets
May 27, 2026
A warning to critical mineral buyers: avoid butter mountains and aluminum floods
In the 1980s and 1990s, subsidies, cheap energy and price guarantees fueled overproduction of various products which flooded markets, tanked prices and spread pain globally.
Mitsubishi UFJ Financial Group said in April that it was aware of new free float rules and speculation on taking PT Bank Danamon Indonesia private, but that nothing had been decided.
BUSINESS
May 26, 2026
MUFG exploring options for stake in Indonesian lender Danamon, sources say
Indonesia has given listed companies up to three years to increase their public floats as part of reforms to boost transparency.
Indonesian President Prabowo Subianto delivers a speech on economic policies and the 2027 fiscal plan to parliament, as Vice President Gibran Rakabuming Raka sits behind him at the parliament building in Jakarta on Wednesday.
BUSINESS / Economy / FOCUS
May 24, 2026
Indonesia plans to beat global trading giants at their own game
Under a surprise plan, the country will take control of exports of the country’s major commodities — a sweeping move reminiscent of the country’s authoritarian past.
India has appealed to citizens to drop overseas trips and avoid gold purchases to protect a rupee that is among the world's ​biggest losers since war in the Middle East reduced crude supplies.
BUSINESS / Markets / ANALYSIS
May 22, 2026
Asia’s currencies are flashing the oil shock alarm
Asia buys about 80% of oil shipped through the Strait of Hormuz, and stress in foreign exchange markets is one of the clearest signs of rising fuel prices starting to hurt growth.
Indonesian President Prabowo Subianto (right) delivers a speech on the macroeconomic framework to lawmakers as Vice President Gibran Rakabuming Raka looks on at the Parliament building in Jakarta on Wednesday.
BUSINESS
May 21, 2026
Prabowo’s biggest crackdown on tycoons shocked his own officials
A surprise move by President Prabowo Subianto to centralize Indonesia’s commodity exports has rattled markets and intensified investor concerns over state intervention.
Concern is growing that Indonesia, the world's third-largest democracy, ​is backsliding toward army rule under President Prabowo Subianto.
ASIA PACIFIC / Politics
May 20, 2026
Indonesian authorities target critics via online disinformation campaigns: Amnesty
Amnesty International’s findings reflect growing concerns that Indonesia, the world’s third-largest democracy, ​is backsliding toward army rule under President Prabowo Subianto.
The war in Iran is fueling currency crises in energy-importing countries, underscoring the need to accelerate the transition to electric vehicles and renewable energy to shield economies from fossil-fuel shocks.
COMMENTARY / World
May 18, 2026
The energy crisis is becoming a currency crisis
The biggest losers include the Egyptian pound, the Philippine peso, the South Korean won and the Thai baht.
Leaders and other officials of the Association of Southeast Asian Nations pose for a group photo during the opening ceremony of the 48th ASEAN summit in Cebu, Philippines, on May 8.
COMMENTARY / World
May 17, 2026
Why ASEAN chose silence amid the growing Gulf crisis
In Cebu, much of the summit’s energy went into drafting a statement broad enough to avoid offending any member state.

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