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Indonesian economy

News analysis

Indonesia, faced with Prabowo policies, ‘stock frying’, left behind in rush to emerging markets

Indonesia’s equity bourse has lost nearly 12 per cent in value following risks of a ratings downgrade.
Indonesia’s equity bourse has lost nearly 12 per cent in value following risks of a ratings downgrade.

Indonesia is wooing its former citizens with a new stand-in for dual citizenship – but with limited success

The Global Citizenship of Indonesia scheme is designed to formalise ties with the country’s millions-strong diaspora without reopening a sensitive policy debate.
The Global Citizenship of Indonesia scheme is designed to formalise ties with the country’s millions-strong diaspora without reopening a sensitive policy debate.

Fears of Prabowo’s path for Indonesia loom after stock rout

Indonesia's President Prabowo Subianto speaks during a panel discussion at the 56th annual meeting of the World Economic Forum on Jan 22.
Indonesia's President Prabowo Subianto speaks during a panel discussion at the 56th annual meeting of the World Economic Forum on Jan 22.

Top Indonesian financial regulators quit after US$80 billion market meltdown

Indonesian Financial Service Authority officials attending a news conference at the Indonesia Stock Exchange in Jakarta on Jan 30.
Indonesian Financial Service Authority officials attending a news conference at the Indonesia Stock Exchange in Jakarta on Jan 30.

Nepotism claims, gold mine expropriation: Why investors are dumping Indonesia stocks

In a bid to calm the markets, Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto gave assurances of stock market reform on Jan 30.
In a bid to calm the markets, Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto gave assurances of stock market reform on Jan 30.

Indonesia’s rupiah hits record low on central bank independence worries

The rupiah slid to 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week.
The rupiah slid to 16,985 per US dollar on Tuesday ahead of a policy decision by the central bank this week.

Indonesia’s Prabowo nominates nephew as central bank deputy governor

Indonesian President Prabowo Subianto attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia, December 10, 2025. Alexander Zemlianichenko/Pool via REUTERS
Indonesian President Prabowo Subianto attends a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia, December 10, 2025. Alexander Zemlianichenko/Pool via REUTERS

The lure of Indonesia’s new capital Nusantara? No traffic

The Presidential Palace and Ceremonial Plaza being constructed in Nusantara.
The Presidential Palace and Ceremonial Plaza being constructed in Nusantara.

GoTo CEO Patrick Walujo steps down amid leadership reset

GoTo Group chief executive officer Patrick Walujo will step down after two and a half years at the helm.
GoTo Group chief executive officer Patrick Walujo will step down after two and a half years at the helm.

Indonesia’s robust growth number faces scepticism amid declining retail sales, rising jobless claims

Indonesia's economic growth in the third quarter of 2025 has not tallied with other key indicators, prompting cynicism.
Indonesia's economic growth in the third quarter of 2025 has not tallied with other key indicators, prompting cynicism.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.