Indonesia spent much of this week confronting a question that might have seemed unthinkable a few short years ago: what happens when investors stop believing in Southeast Asia’s largest economy?
Indonesia spent much of this week confronting a question that might have seemed unthinkable a few short years ago: what happens when investors stop believing in Southeast Asia’s largest economy?
Prabowo during an interview at his residence in Hambalang, West Java, on March 14.
Indonesian Finance Minister Purbaya Yudhi Sadewa defended his economic track record and said he’d stay in his job after the rupiah plunged to a record low, pointing to inflows into the debt market as proof investors remain optimistic.
Indonesian Finance Minister Purbaya Yudhi Sadewa defended his economic track record and said he’d stay in his job after the rupiah plunged to a record low, pointing to inflows into the debt market as proof investors remain optimistic.
The new head of Indonesia’s free meals agency will refocus the mission of President Prabowo Subianto’s flagship $15 billion program engulfed in a corruption scandal with an eye on budget efficiency and scaled-down plans.
The new head of Indonesia’s free meals agency will refocus the mission of President Prabowo Subianto’s flagship $15 billion program engulfed in a corruption scandal with an eye on budget efficiency and scaled-down plans.
Indonesia’s free lunch program. Photographer: Rosa Panggabean/Bloomberg
Indonesian Finance Minister Purbaya Yudhi Sadewa denied he is resigning from office, after rumors of his departure swept through slumping markets this week.
Indonesian Finance Minister Purbaya Yudhi Sadewa denied he is resigning from office, after rumors of his departure swept through slumping markets this week.
Indonesia's national flag. Photographer: SeongJoon Cho/Bloomberg
Indonesia is pushing ahead with plans to centralize exports of key commodities starting June 1, casting a cloud of regulatory uncertainty over natural resource producers.
Indonesia is pushing ahead with plans to centralize exports of key commodities starting June 1, casting a cloud of regulatory uncertainty over natural resource producers.
Bunches of harvested palm oil fruit at Malinau Regency, North Kalimantan, Indonesia, on Sunday, Oct. 22, 2023. Indonesia today has eight times more operating captive coal capacity than it did roughly a decade ago, about the time when Joko Widodo, Indonesia's president, came to power.
Indonesia is probing some of the world’s biggest palm-oil companies for suspected export abuses, adding to the upheaval in the industry days after the government announced a plan to nationalize shipments of the crop.
Indonesia is probing some of the world’s biggest palm-oil companies for suspected export abuses, adding to the upheaval in the industry days after the government announced a plan to nationalize shipments of the crop.
Palm oil fruit at a plantation in West Java, Indonesia.
PT Bank SMBC Indonesia, a unit of Sumitomo Mitsui Banking Corp, is selling 19.9 trillion rupiah ($1.1 billion) worth of pension loans as it tilts away from its legacy business.
PT Bank SMBC Indonesia, a unit of Sumitomo Mitsui Banking Corp, is selling 19.9 trillion rupiah ($1.1 billion) worth of pension loans as it tilts away from its legacy business.
Traffic in the central business district at dusk 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
The Indonesia Stock Exchange plans to remove firms identified for having high shareholding concentration from some of its key indexes as part of ongoing market reforms.
The Indonesia Stock Exchange plans to remove firms identified for having high shareholding concentration from some of its key indexes as part of ongoing market reforms.
Stock market information displayed on the Indonesia Stock Exchange (IDX) building in Jakarta, Indonesia.
Indonesian lawmakers passed a long-awaited bill to protect the millions of domestic workers, concluding years of parliamentary debate over labor rights in Southeast Asia’s largest economy.
Indonesian lawmakers passed a long-awaited bill to protect the millions of domestic workers, concluding years of parliamentary debate over labor rights in Southeast Asia’s largest economy.
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
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