Nearly 800 Indonesians have fallen ill in a series of separate food-poisoning incidents linked to President Prabowo Subianto’s flagship free meals programme, raising fresh questions over the safety and management of a
Indonesian President Prabowo Subianto is pursuing an ambitious and risky effort to remake Southeast Asia’s largest economy, consolidating power and targeting the country’s wealthiest business elites, according to a detailed report from
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Indonesian financial markets are expected to face renewed volatility following the unexpected removal of Finance Minister Sri Mulyani Indrawati, raising concerns about potential central bank intervention, Bloomberg reports. The rupiah is set
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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
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