JAKARTA] Indonesia’s rupiah hit a five-year low on Friday (Feb 28) as foreign investors pulled out of stocks, spooked by ...

Lukman also highlighted that rupiah stability would boost investor confidence in Indonesia by minimizing exchange rate risks. Additionally, inflation and interest rates can be better managed, ...

Deputy Minister of Foreign Affairs Armanatha Nasir underlined that the government's Free Nutritious Meals (MBG) program ...

The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President Prabowo's promise to have the private sector lead the way.

A 700-kilometre sea wall is to be built to protect northern Java from flooding. But critics warn that the US$50 billion ...

New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...

Public opinion has split on Danantara, which aims to consolidate major state-owned enterprises (SOEs) including those in the banking sector, at a time when state budget cuts have raised concerns that ...

The reported police action against punk band Sukatani and its 2023 track, "Bayar Bayar Bayar," is a clear instance of constitutional violation that illustrates the enduring power of music as social ...

National Economic Council member Chatib Basri acknowledges that the current administration has little room to boost growth through monetary or fiscal policy, making structural reform the only viable ...

Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...

In January Mr Prabowo launched a cost-cutting drive unlike any the country has seen. He is seeking approximately $19bn in ...

Indonesia and Apple have agreed to terms of a new deal, which may see the ban of the sale of iPhone 16 in the country lifted ...