A potent mix of policy shifts at home and abroad have raised concerns about Indonesia’s economy, sending investors fleeing ...

The Indonesian currency reaches its weaker level in decades, reflecting fears on Prabowo’s economic policy and the fiscal ...

The crisis of Rupia echoes memories of the 1998 crisis, while investors are concerned with increasing indebtedness and the impact of global tensions on the economy Indonesian rupia has reached its ...

Yet only five months after taking office, Prabowo is confronted with a host of compounding challenges and chaotic policy rollouts that have resulted in public protests and market jitters.

Bridgewater Associates founder Ray Dalio, Blackstone senior adviser Helman Sitohang, and U.S. economist Jeffrey Sachs are ...

Indonesian officials will seek to address concerns among investors and other key economic players about an economic downturn ...

A perfect storm of domestic and international uncertainties has pushed the currency toward the all-time low set in mid-1998.

The rupiah was flat at 16,585 per U.S. dollar at 0400 GMT, hovering near the all-time low of 16,800 touched in June 1998, ...

Exterior facade of the building housing sovereign wealth fund, known as Daya Anagata Nusantara or Danantara, in Jakarta on February 24, 2025, which was earlier launched by Indonesian President Prabowo ...

The sovereign wealth fund, which reports directly to Indonesia's president, is under scrutiny about transparency and ...

Former Thai PM Thaksin Shinawatra is among 22 appointed to Indonesia’s sovereign wealth fund, Danantara, to boost economic ...

Indonesia's wealth fund Danantara appointed Ray Dalio and Jeffrey Sachs as advisors. Concerns about governance and ...