War with Iran delivers another shock to global economy
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Last month, Indonesia launched its new sovereign wealth fund, Danantara Indonesia, with more than $900 billion in assets. It is not just a new force in global finance and investment, it is a statement of intent—Indonesia will fully control its wealth ...
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Exclusive-Indonesia's 'cowboy' finance czar shrugs off investor alarm; 'I know what I'm doing'
By Gibran Naiyyar Peshimam and Stefanno Sulaiman JAKARTA, March 6 (Reuters) - Indonesia's tough-talking, pro-growth Finance Minister Purbaya Yudhi Sadewa says he and his unconventional policies, which have broken from the country's fiscally conservative approach,
The deal has the potential to shift the basis of bilateral trade between Jakarta and Washington, narrowing China’s ability to anchor supply chains and standards in Indonesia.
The seasonal migration, known locally as mudik, has become a key driver of short-term economic activity. The government estimates this year’s travel season could generate around Rp 190 trillion ($11.2 billion) in economic circulation.
JAKARTA (Reuters) -Indonesia's financial and economic regulators on Monday said economic fundamentals were strong after widespread political protests sparked selling of stocks and the currency. The main stock index fell more than 3% in opening trades ...
Indonesia has weathered the geopolitical storms of 2022/3 pretty well, according to the World Bank. As Prabowo Subianto looks set to succeed Joko Widodo as President, economic growth remains resilient and inflation has stayed low over the past year.