by A Special Correspondent Sri Lanka Guardian has obtained a trove of documents detailing alleged plans by U.S.-based agencies to influence Indonesia’s political landscape following the election victory of Prabowo Subianto and
Indonesia has launched one of its largest corruption investigations in decades, targeting powerful oil trader Mohammad Riza Chalid in a sweeping $18 billion probe into state-owned energy giant PT Pertamina, Bloomberg reported.
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The Indonesian island of Bali, long celebrated for its natural beauty and spiritual calm, is increasingly being overshadowed by a growing environmental and social crisis. According to a recent investigation by The
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Indonesia has rolled out a $1.5 billion stimulus package aimed at bolstering consumer spending and sustaining economic growth, as Southeast Asia’s largest economy faces mounting pressure from weakening commodity prices, tepid trade,
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Indonesia’s mining industry is bracing for a turbulent period after the government announced significant increases in royalties on key mineral exports, including nickel, coal, copper, and gold. The move, aimed at shoring
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Three Indonesian judges have been arrested on suspicion of accepting bribes to deliver a favourable ruling that cleared three major palm oil companies of corruption charges, in a scandal that has rocked
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Indonesia has enlisted prominent figures such as billionaire investor Ray Dalio and renowned economist Jeffrey Sachs to serve as advisers to its newly established sovereign wealth fund, Danantara. This move comes as
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Indonesia’s central bank has made a decisive move to stabilize the rupiah, which has recently hovered near five-year lows amid growing concerns over the country’s economic outlook. The currency’s decline comes as
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Indonesia has officially inaugurated a new sovereign wealth fund, Daya Anagata Nusantara (Danantara), with an initial budget of $20 billion. The ambitious fund, designed to manage state assets valued at over $900
More Indonesia’s rapidly shrinking middle class is creating ripples across the economy, as businesses struggle to adjust to shifts in consumer spending habits. Pizza Hut Indonesia, operated by Sarimelati Kencana, has felt the
More India and Indonesia are nearing the completion of a $450 million defense deal for the supply of BrahMos cruise missiles, according to Indian media reports. The discussions took place during Indonesian President
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