Commentary: Indonesia requires the right policies for rough times to lift its middling growth

Commentary: Indonesia requires the right policies for rough times to lift its middling growth

Unfortunately, high economic costs hinder these industries. In highly competitive, export-oriented manufacturing sectors, producers are price-takers on the global market – they are usually unable to pass high costs onto consumers. As a result, profit margins may shrink, reducing incentives for innovation and further investment. In contrast, Indonesia’s natural resource sectors, where the country is … Read more

Prabowo sworn in as Indonesia’s eighth president; urges nation to be brave in tackling challenges

The new president also rallied the nation to be brave alongside him in tackling challenges such as eradicating corruption, poverty as well as making Indonesia self-sufficient in areas such as energy. “We have to become a nation that is brave and not afraid of challenges, obstacles, threats,” Mr Prabowo said to the cheers of lawmakers. … Read more

PM Wong congratulates Indonesia President Prabowo on his inauguration and strong mandate

SINGAPORE: Singapore Prime Minister Lawrence Wong on Sunday (Oct 20) congratulated Indonesian President Prabowo Subianto on his inauguration and strong mandate. “The strong mandate you received from the people of Indonesia reflects their trust in your leadership and vision of a peaceful and prosperous nation,” Mr Wong said in a congratulatory letter to Mr Prabowo. Mr Wong … Read more

‘I will lead the Indonesian government with sincerity’: President Prabowo in first speech as he outlines priorities

The new president also rallied the nation to be brave alongside him in tackling challenges such as eradicating corruption, poverty as well as making Indonesia self-sufficient in areas such as energy. “We have to become a nation that is brave and not afraid of challenges, obstacles, threats,” Mr Prabowo said to the cheers of lawmakers. … Read more

As Indonesia swears in new president, all eyes on Prabowo’s team and how he will engage with the world

At 73, he is Indonesia’s oldest president to take office while Mr Gibran, 37, is the country’s youngest-ever vice-president. Despite winning on the pledge of continuity, however, analysts say Mr Prabowo could adopt different approaches in his economic, defence and foreign policies.   MOTORCADES, MUSIC – AND HORSES? From the parliament building, Mr Prabowo’s and Mr … Read more

As Indonesia swears in a new president, all eyes are on his team and how he will engage with the world

At 73, he is Indonesia’s oldest president to take office while Mr Gibran, 37, is the country’s youngest-ever vice-president. Despite winning on the pledge of continuity, however, analysts say Mr Prabowo could adopt different approaches in his economic, defence and foreign policies.   MOTORCADES, MUSIC – AND HORSES? From the parliament building, Mr Prabowo’s and Mr … Read more

Indonesia president-elect Prabowo to launch free national health check-up plan, starting in 2025

JAKARTA: Indonesia’s President-elect Prabowo Subianto is set to introduce a free medical check-up programme, targeting 55 million Indonesians starting from 2025.  The initiative, part of the administration’s broader healthcare reforms, will focus on key health indicators such as blood pressure, blood sugar, uric acid, and early detection of severe diseases. “Next year, 55 million Indonesians … Read more

‘Blessing in disguise’: Indonesia’s president-elect Prabowo says EU palm oil ban will benefit his country

JAKARTA: The European Union’s anticipated import curbs on Indonesian palm oil are a “blessing in disguise” that will help the Southeast Asian country improve its energy self-sufficiency, president-elect Prabowo Subianto said. Indonesia will, instead, use more of the palm oil it produces for biodiesel and reduce its dependence on fuel imports, Mr Prabowo said. The … Read more

Indonesia marks first Independence Day in unfinished new capital

Indonesia’s unfinished new capital marked its inaugural Independence Day on Saturday with a flag-raising ceremony amidst a backdrop of cranes and dusty construction sites. Located in the forested eastern part of Borneo, the new city, called Nusantara, is envisioned as a sustainable, high-tech alternative to the overcrowded and polluted Jakarta. While some government buildings are … Read more

Indonesia keeps up hopes of hosting 2036 Olympics, as president-elect Prabowo meets IOC president in Paris

Mr Prabowo will take over as president in October from Mr Joko Widodo, who expressed Indonesia’s aspiration to host the Olympics in November 2022 during the G20 Summit in Bali.  At the time, Mr Widodo expressed readiness for his country to host the 2036 Olympics in the new capital Nusantara, which is being developed to … Read more