Indonesia’s Bali financial hub ‘a matter of survival’: economic tsar

Bali has “aura” and political titan Luhut Pandjaitan wants to channel it to transform Indonesia’s famed resort island into an international financial centre. But President Prabowo Subianto’s special adviser and economic tsar is not relying on subtle nods to Gen Z slang to sell paradise. Instead, he conjures up a striking image to make his case. A friend recently sent him a photograph of kamikaze drones lighting up the skies over Abu Dhabi, accompanied by a plea: help us get out. Indonesia,...

By Kolette Lim