Prabowo's rare address raises political concerns

Prabowo's rare address raises political concerns

President Prabowo Subianto’s unprecedented speech before lawmakers underscored mounting pressure on his administration to restore market confidence amid growing concerns over economic instability and signs of democratic backsliding reminiscent of the late New Order era.

<Prabowo's rare address raises political concerns - Politics - The Jakarta Post>

Weakened rupiah disrupts business, education plans

Weakened rupiah disrupts business, education plans

Middle-class Indonesians are among the groups most vulnerable to currency depreciation, because a larger share of their spending is impacted by changing exchange rates.

<Weakened rupiah disrupts business, education plans - Economy - The Jakarta Post>

ASEAN manufacturers shed jobs as Iran war impact deepens

ASEAN manufacturers shed jobs as Iran war impact deepens

Cost shocks bite even as strong electronics exports mask economic pain

<ASEAN manufacturers shed jobs as Iran war impact deepens - Nikkei Asia>

BI hikes key interest rate by 50 bps to stabilize rupiah

BI hikes key interest rate by 50 bps to stabilize rupiah

Bank Indonesia (BI) has increased its benchmark interest rate by 50 basis points (bps) to stabilize the rupiah, blaming the recent depreciation of the Indonesian currency on external pressure.

<BREAKING: BI hikes key interest rate by 50 bps to stabilize rupiah - Regulations - The Jakarta Post>

Outcry as prosecutors seek 18-year sentence for Nadiem

Outcry as prosecutors seek 18-year sentence for Nadiem

Prosecutors on Wednesday demanded an 18-year prison sentence for former education minister Nadiem Makarim over a corruption case linked to the procurement of Google Chromebook laptops for the ministry’s school digitalization program between 2020 to 2022.

<Outcry as prosecutors seek 18-year sentence for Nadiem - Politics - The Jakarta Post>