Jakarta stocks dive after holiday break, triggering trading pause
Just before trading resumed after the holiday break, the local bourse adapted its circuit breaker rules, first introduced during the COVID-19 crisis, to better accommodate current…
Indonesia
Death sentences keep rising in Indonesia as global executions hit new record: Amnesty
While Indonesia has not proceeded with executions since 2016, new death penalties continue to be given every year.
Bank Indonesia vows aggressive intervention after rupiah hits another new low
Bank Indonesia held a meeting, responding to the plummeting rupiah by preparing several measures to stabilise the currency and maintain market confidence.
Indonesia seeks to import more US goods, avoid retaliation on tariffs
President Prabowo Subianto gave instructions to narrow Indonesia’s US$18 trillion surplus in trade with the US by importing more American products.
Indonesia must think carefully before maneuvering through US tariffs
Indonesia must tread carefully with a political economy approach to trade diplomacy following US tariffs, maintaining mutually beneficial partnerships and avoiding impacted…
Indonesian palm oil producers eye African, Middle Eastern markets as US tariffs take effect
Indonesia exported $26.3 billion worth of goods to the US while importing only US$9.5 billion, with key exports including electrical equipment, clothing and footwear, CPO and…
Indonesia President Prabowo mulls over Cabinet reshuffle as Indonesia’s economy slows: Sources
The move comes amid concerns over a weakening economy and softer consumer spending, given the slew of populist programmes that require massive funding and declining tax revenues,…
Indonesian police regulation on foreign journalists sparks press freedom concerns
National Police chief Gen. Listyo Sigit Prabowo said foreign journalists could still carry out reporting in Indonesia without obtaining clearance from the police, as long as they…
Communication breakdown: The Jakarta Post
The last three months have seen Indonesian President Prabowo Subianto lurching from one crisis to another.
Businesses in Indonesia see tepid economic boost during this year’s Idul Fitri
The government has dismissed a suggestion that less money circulated during Idul Fitri this year compared to previous years.