Tag

Indonesia economy

Who Will Serve as Indonesia’s Next Finance Minister?

Who Will Serve as Indonesia’s Next Finance Minister?

By Ahmad Syarif
Here are the three main contenders to take the post when President-elect Prabowo Subianto takes office in October.

Indonesia’s Prabowo Plans to Increase Debt to Fund Spending Plans

Indonesia’s Prabowo Plans to Increase Debt to Fund Spending Plans

By Sebastian Strangio
The president-elect plans to increase the country's debt-to-GDP ratio to 50 percent, up from 39 percent currently, in order to achieve his ambitious growth targets.
China’s BYD Opens EV Factory in Thailand, Expanding Regional Presence

China’s BYD Opens EV Factory in Thailand, Expanding Regional Presence

By Sebastian Strangio
The factory is the Chinese automaker's first in Southeast Asia, where it already dominates the fast-growing market for electric vehicles.

Why Indonesia’s State-Owned Railway Company Is Taking On Debt

Why Indonesia’s State-Owned Railway Company Is Taking On Debt

By James Guild
A costly China-backed high-speed rail project has increased scrutiny of Kereta Api Indonesia's finances.

Another Trade War? Escalating Friction in Indonesia-EU Relations

Another Trade War? Escalating Friction in Indonesia-EU Relations

By Michio Ueda
The discord between Indonesia and the EU over nickel and deforestation issues reflect broader challenges facing the global order. 

What’s Driving Taiwan’s Mass Protests?
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What’s Driving Taiwan’s Mass Protests?

Indonesia Announces Hefty Tariffs on Chinese-made Goods

Indonesia Announces Hefty Tariffs on Chinese-made Goods

By Sebastian Strangio
The country’s small businesses could “collapse" under a flood of low-cost Chinese goods, the country's trade minister said.

Can Indonesia Actually Raise Its Debt to GDP Ratio to 50 Percent?

Can Indonesia Actually Raise Its Debt to GDP Ratio to 50 Percent?

By James Guild
Prabowo's deficit-driven economic vision draws from that of his father Sumitro Djojohadikusumo, a key intellectual of the early post-independence period.
What Is Happening at Indonesian State-Owned Pharmaceutical Company Indofarma?

What Is Happening at Indonesian State-Owned Pharmaceutical Company Indofarma?

By James Guild
The company has recently come under investigation for its involvement in a long list of fraudulent activities.

Indonesia’s President Says New Capital On Track, Despite Resignations

Indonesia’s President Says New Capital On Track, Despite Resignations

By Sebastian Strangio
Joko Widodo said yesterday that the new city is on schedule to host this year's Independence Day celebrations on August 17.

Top Officials in Charge of Indonesia’s New Capital Project Step Down

Top Officials in Charge of Indonesia’s New Capital Project Step Down

By Sebastian Strangio
The resignations of Bambang Susantono and his deputy have raised questions about the future of the multibillion-dollar Nusantara project.

Did Illegal Tin Mines Really Steal $26 Billion From the Indonesian State?

Did Illegal Tin Mines Really Steal $26 Billion From the Indonesian State?

By James Guild
The Indonesian government recently brought corruption charges against Harvey Moeis, a wealthy businessman with interests in the mining sector.
Musk to ‘Consider’ Opening Battery Plant in Indonesia, Senior Official Says

Musk to ‘Consider’ Opening Battery Plant in Indonesia, Senior Official Says

By Sebastian Strangio
A Tesla investment would be a significant vote of confidence in Jakarta's ambition of becoming an EV production powerhouse.

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