Indonesia’s Finance Minister Purbaya Yudhi Sadewa pushed back after Moody’s Ratings lowered the outlook on the nation’s credit rating to negative and triggered further selling of local stocks, bonds and the rupiah.
Indonesia’s Finance Minister Purbaya Yudhi Sadewa pushed back after Moody’s Ratings lowered the outlook on the nation’s credit rating to negative and triggered further selling of local stocks, bonds and the rupiah.
Indonesian Finance Minister Purbaya Yudhi Sadewa defended his government’s economic track record in the wake of a recent slump in the rupiah and local stocks, while acknowledging a warning about transparency from MSCI Inc. has merits.
Indonesian Finance Minister Purbaya Yudhi Sadewa defended his government’s economic track record in the wake of a recent slump in the rupiah and local stocks, while acknowledging a warning about transparency from MSCI Inc. has merits.
Indonesia is fast-tracking plans to diversify ownership of its stock exchange this year and channel more institutional money into equities, part of a broader effort to overhaul markets and restore credibility after this week’s rout.
Indonesia is fast-tracking plans to diversify ownership of its stock exchange this year and channel more institutional money into equities, part of a broader effort to overhaul markets and restore credibility after this week’s rout.
Indonesia Stock Exchange (IDX) in Jakarta on Jan. 30. Photographer: Muhammad Fadli/Bloomberg
Indonesian President Prabowo Subianto visited the nation’s planned new capital for the first time since taking office more than a year ago, a sign of continued support for the legacy project of his predecessor.
Indonesian President Prabowo Subianto visited the nation’s planned new capital for the first time since taking office more than a year ago, a sign of continued support for the legacy project of his predecessor.
Garuda Palace in Indonesia's new capital, Nusantara.
Indonesia will pull back 75 trillion rupiah ($4.49 billion) of government cash it had planned to park in state-owned banks, citing the initiative’s limited impact on boosting lending in Southeast Asia’s largest economy.
Indonesia will pull back 75 trillion rupiah ($4.49 billion) of government cash it had planned to park in state-owned banks, citing the initiative’s limited impact on boosting lending in Southeast Asia’s largest economy.
Traffic in the central business district in Jakarta, Indonesia, on Monday, Oct. 6, 2025. Indonesia’s foreign reserves fell by $2 billion as the central bank stepped up its efforts to defend the weakening rupiah. Photographer: Muhammad Fadli/Bloomberg
Indonesia expects to conclude a trade agreement with the US by the end of the year as pressure builds on both sides to iron out disagreements that threaten to unravel their ties.
Indonesia expects to conclude a trade agreement with the US by the end of the year as pressure builds on both sides to iron out disagreements that threaten to unravel their ties.
Coordinating Minister for Economic Affairs Airlangga Hartarto.
The chief executive of a Japanese-owned drone operator has been named a suspect in a fire at the company’s Jakarta office that killed nearly two dozen.
The chief executive of a Japanese-owned drone operator has been named a suspect in a fire at the company’s Jakarta office that killed nearly two dozen.
The scorched facade of the Terra Drone office in Kemayoran, Jakarta, Indonesia on Dec. 10.
A coal-fired power plant in Indonesia scheduled to close down early and act as a flagship for efforts to shift Asia’s economies away from the fossil fuel has scrapped proposals to shutter ahead of schedule.
A coal-fired power plant in Indonesia scheduled to close down early and act as a flagship for efforts to shift Asia’s economies away from the fossil fuel has scrapped proposals to shutter ahead of schedule.
The Cirebon-1 power plant in Cirebon, West Java, Indonesia.
Indonesia is weighing new incentives for a program granting lifetime residency to former citizens and other diaspora groups, after critics warned the plan was too costly and unlikely to curb the country’s brain drain.
Indonesia is weighing new incentives for a program granting lifetime residency to former citizens and other diaspora groups, after critics warned the plan was too costly and unlikely to curb the country’s brain drain.
Traffic in the central business district in Jakarta, Indonesia. Photographer: Muhammad Fadli/Bloomberg
Anmelden
