Indonesian President Prabowo Subianto formed his first Presidential Advisory Council on Friday, bringing 26 people — including billionaires, retired generals and religious leaders — into his widening circle of aides nearly two years into office.

It ends the tenure of a former aide to ex-President Joko Widodo in an abrupt shakeup.

Flag carrier PT Garuda Indonesia’s finances deteriorated further just months after a $1.4 billion rescue by sovereign wealth fund Danantara, as surging fuel costs wiped out its remaining equity and added urgency to another share sale to shore up its finances.

Indonesia’s passage of a new land reform law could increase risks for plantation companies and property developers by paving the way for new restrictions on corporate landholdings, according to analysts.

Indonesia will form a new body to oversee land reform and settle related conflicts in a bid to address longstanding problems that have plagued plantations, mines, farmers and indigenous communities.

The World Health Organization should look beyond its own budget for funds to support itself and member countries, according to Indonesia’s Health Minister Budi Gunadi Sadikin, who is seeking to lead the agency.

Indonesia’s Finance Ministry is reviewing a surprise reshuffle of hundreds of staff that former minister Purbaya Yudhi Sadewa said helped trigger his dismissal.

The end came quickly for Indonesia’s finance minister.

Indonesia extended airport closures and halted free school meals in some areas as ash from Mount Anak Krakatau continued to disrupt activities.

Jakarta police officers are surveying the damage from a protest at parliament that started Thursday and stretched into early Friday morning.

Indonesian President Prabowo Subianto nominated Destry Damayanti as the sole candidate to head the nation’s central bank, a move that may calm markets after veteran Perry Warjiyo unexpectedly resigned from the post in late July.

As recently as Friday, Bank Indonesia Governor Perry Warjiyo was meeting investors in Singapore after a regional central bank forum.

Indonesia’s biggest non-state bank said capital flight has hampered efforts to expand its wealth management business, underscoring how an erosion of investor confidence is hindering the private sector in Southeast Asia’s largest economy.

Indonesia is requiring financial influencers to disclose paid promotions and obtain licenses to recommend assets as Southeast Asia’s largest economy joins a global movement to tighten oversight of the social media personalities.

Indonesian sovereign wealth fund Danantara is exploring a sale of 30-year bonds following strong demand for its first ever global issuance.

Jakarta aims to issue Indonesia’s first municipal bond within a year as part of efforts to diversify city revenue sources following budget cuts.

Indonesia has no plan to revamp its cabinet as of now, Minister of State Secretary Prasetyo Hadi said on Monday.

Indonesia has no plan to revamp its cabinet as of now, Minister of State Secretary Prasetyo Hadi said on Monday.

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?

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.