Indonesia’s richest man has begun selling small stakes in his listed companies as tighter ownership rules push firms to increase shares available to public investors.
Indonesia’s richest man has begun selling small stakes in his listed companies as tighter ownership rules push firms to increase shares available to public investors.
Prajogo Pangestu, founder of PT Barito Pacific, attends a ground breaking ceremony for projects funded by private investors at the new national capital Nusantara (IKN) in Penajam Paser Utara, Indonesia, on Thursday, Sept. 21, 2023. Indonesian tycoons are leading the way in investing in the country's new capital city, with a hotel starting construction on Thursday.
Indonesia’s sovereign wealth fund is advancing a plan to combine the asset management units of state-owned lenders in order to boost their regional competitiveness.
Indonesia’s sovereign wealth fund is advancing a plan to combine the asset management units of state-owned lenders in order to boost their regional competitiveness.
Buildings at dusk in Jakarta, Indonesia, on Tuesday, Aug. 19, 2025. Bank Indonesia’s rate decision comes just days after Prabowo laid out the first budget of his presidency, pledging higher spending to lift gross domestic product growth to 5.4% next year. Photographer: Muhammad Fadli/Bloomberg
Indonesia took fresh steps to provide more stock market transparency by naming a clutch of companies including tycoon-linked PT Barito Renewables Energy and PT Dian Swastatika Sentosa whose ownership is concentrated in a small number of shareholders.
Indonesia took fresh steps to provide more stock market transparency by naming a clutch of companies including tycoon-linked PT Barito Renewables Energy and PT Dian Swastatika Sentosa whose ownership is concentrated in a small number of shareholders.
Stock market information displayed at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Tuesday, Jan. 20, 2026. Global funds may withdraw more than $2 billion from Indonesian equities in coming months if MSCI Inc. proceeds with a change to its indexing methodology, underscoring concerns about the investability of Southeast Asia’s biggest stock market. Photographer: Dimas Ardian/Bloomberg
Indonesia began enforcing restrictions on social media accounts for children under 16 on Saturday, becoming the first country in Southeast Asia to adopt nationwide curbs as governments worldwide take a tougher approach to limit harmful online content.
Indonesia began enforcing restrictions on social media accounts for children under 16 on Saturday, becoming the first country in Southeast Asia to adopt nationwide curbs as governments worldwide take a tougher approach to limit harmful online content.
Social media app icons on a smartphone. Photographer: Brent Lewin/Bloomberg
Indonesia is facing an uphill battle to keep its budget deficit within the legal limit of 3% of gross domestic product as Middle East tensions push oil prices far beyond initial assumptions.
Indonesia is facing an uphill battle to keep its budget deficit within the legal limit of 3% of gross domestic product as Middle East tensions push oil prices far beyond initial assumptions.
Two of the world’s most populous nations are joining a growing global movement to ban teenagers from social media services.
Passengers use smartphones while while travelling by train in Mumbai, India, on Saturday, Feb. 15, 2020. Facebook, YouTube, Twitter and TikTok will have to reveal users' identities if Indian government agencies ask them to, according to the countrys controversial new rules for social media companies and messaging apps expected to be published later this month. Photographer: Bloomberg/Bloomberg
Two of the world’s most populous nations are joining a growing global movement to ban teenagers from social media services.
Passengers use smartphones while while travelling by train in Mumbai, India, on Saturday, Feb. 15, 2020. Facebook, YouTube, Twitter and TikTok will have to reveal users' identities if Indian government agencies ask them to, according to the countrys controversial new rules for social media companies and messaging apps expected to be published later this month. Photographer: Bloomberg/Bloomberg
Indonesia is bracing for a record amount of share sales to meet tougher free-float rules aimed at heading off a potential downgrade to frontier market status by MSCI Inc.
Indonesia is bracing for a record amount of share sales to meet tougher free-float rules aimed at heading off a potential downgrade to frontier market status by MSCI Inc.
Indonesia is bracing for a record amount of share sales to meet tougher free-float rules aimed at heading off a potential downgrade to frontier market status by MSCI Inc.
Indonesia is bracing for a record amount of share sales to meet tougher free-float rules aimed at heading off a potential downgrade to frontier market status by MSCI Inc.
Indonesia has sealed three Tiffany & Co. stores in Jakarta on suspicion of import violations, part of a broader crackdown on undeclared high-value goods under the administration of President Prabowo Subianto.
Indonesia has sealed three Tiffany & Co. stores in Jakarta on suspicion of import violations, part of a broader crackdown on undeclared high-value goods under the administration of President Prabowo Subianto.
Indonesian leader Prabowo Subianto is expected to sign a much-awaited US tariff agreement when he flies to Washington next week to attend President Donald Trump’s inaugural meeting of the Board of Peace.
Indonesian leader Prabowo Subianto is expected to sign a much-awaited US tariff agreement when he flies to Washington next week to attend President Donald Trump’s inaugural meeting of the Board of Peace.
Prabowo Subianto attends the Board of Peace meeting in Davos in January.
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.