Indonesia's president has vowed to close 750 state-owned enterprises by year-end and considered a special court to investigate 'unproductive' boards reporting 'made up' profits.
Prabowo Subianto, Indonesia's president-elect, is set to deliver key speeches this week, facing critics and growing skepticism despite his outwardly powerful position.
WorldbloombergDWTimes of India+6hindustan-timesindian-expressDawnndtvchannel-news-asiaexpress-tribune1mo ago9 sources
India and Indonesia have announced a significant defense deal for India to supply BrahMos missile systems to Indonesia, valued at $200 million. This agreement strengthens bilateral ties, with PM Modi also receiving Indonesia's highest honor during his visit.
Indonesia's President-elect Prabowo Subianto is looking to strengthen and elevate diplomatic ties with France, navigating a complex global geopolitical landscape.
Indonesia's president, Prabowo Subianto, is facing criticism for policies deemed spendthrift and authoritarian, which are seen as jeopardizing the country's economy and democracy.
Indonesia's President-elect Prabowo Subianto is scheduled to visit Russia and meet with President Vladimir Putin, according to a minister. The visit aims to strengthen bilateral ties.
Indonesia's President-elect Prabowo Subianto has pledged to accelerate the country's energy transition efforts, responding to the ongoing global oil crisis.
President Trump's new organization, the Board of Peace, has promised billions for Gaza reconstruction, but with few details. At its inaugural meeting, Trump also endorsed a divisive foreign leader and heard an attack on his former prosecutor.
Indonesia's President has proposed a US$230 billion budget for 2027, targeting a deficit of 2.4% of GDP, with miners and EV makers positioned as beneficiaries. Concurrently, the President also suggested liquidating hundreds of unproductive state-owned enterprises to streamline the economy.
Indonesia's President has nominated the acting head to lead the central bank, aiming to provide stability and calm markets. The nomination awaits confirmation to formalize the leadership of Bank Indonesia.
PoliticsTimes of Indiahindustan-timesindian-express+3klix-ban1-bihndtv1mo ago6 sources
Indian Prime Minister Narendra Modi has commenced a three-nation tour to Indonesia, Australia, and New Zealand, focusing on strengthening Indo-Pacific ties. His visit to Jakarta included a grand welcome and discussions on defense and digital cooperation.
Indonesia's President Prabowo Subianto's recent visit to Seoul, which included a photo with a K-pop idol, highlighted the country's ambition to host more K-pop concerts, though these efforts are met with doubts.
Indonesia's president has reiterated that the country will not pay the $1 billion joining fee for permanent membership in Donald Trump's proposed 'Board of Peace', despite earlier commitments to participate, with Jakarta stating its commitment is limited to deploying peacekeeping troops.
Indonesia's President Prabowo Subianto announced plans to narrow the budget deficit in 2027, emphasizing fiscal prudence and efficiency after significant spending on his campaign pledges this year.
Turkiye's top diplomat and Indonesia's president held discussions aimed at achieving a $10 billion trade goal, covering sectors such as defense, energy, transportation, and the halal food industry.
Indonesia's President-elect Prabowo Subianto's plan for a single-gate export system is raising questions about which State-Owned Enterprise (SOE) will be tasked with its control and implementation.
Indonesia's President Prabowo Subianto announced that the cap on commissions ride-sharing companies can charge drivers will be reduced from 20% to 8%, effective Friday.
Prabowo, Indonesia's President-elect, has stated that he welcomes complaints and feedback from Japanese business leaders, as reported by Tempo.co English.