The massive student demonstrations that erupted in several cities in Indonesia last week were the most serious anti-government protests since President Prabowo Subianto took charge in October. Clearly, all is not well in spite of his high approval ratings.
2 months agoRelying more on SOEs has proved to be problematic because of rampant corruption and scandals. ...
2 months agoComparing the austerity experiments of Europe, Argentina and the US to the present day as a necessary hardship traces its evolutionary path from a misguided "cure" for ailing economies to a political weapon; neither is a good idea. ...
2 months agoThe Cook Islands' recent deals with China represents a shift from soft- to hard-edged diplomacy in the Pacific.
2 months agoRiyadh has been emerging as a neutral ground for mediating geopolitical issues in recent years and Trump’s return to the White House has opened other opportunities as a player in global diplomacy, though its broader strategy is still firmly rooted in the Gulf, with a foothold in the Global South.
2 months agoThe most likely measure to address cybercrime is with the reverse proof system, which places the burden of proof on the perpetrator.
2 months agoAdopting at least four of the Santiago Principles, described as "the globally accepted standards for governance, investment and risk management practices for sovereign wealth funds" by the SWF international forum, will help ensure the independence, transparency and attractiveness of the nascent Danantara fund.
2 months agoThe recent launch of Indonesia's first bullion bank, within the framework of a 2023 financial development law and an OJK regulation, marks a significant step forward in the country's potential entry to the global gold market, as well as greater wealth and economic self-sufficiency.
2 months agoPresident Prabowo Subianto has vowed to crack down on mafia-like practices in the oil and gas industry, after an ongoing probe named nine executives as suspects in a case on fraudulent crude oil and fuel trading, estimated to have incurred state losses of Rp 193.7 trillion (US$12 billion) between 2018 and 2023. The outcome of this case will be a test of Prabowo’s commitment to fighting corruption in the energy sector, especially as to whether the investigation extends to high-profile figures who might have profited from the illegal activity.
2 months agoJakarta’s new leaders must acknowledge the urgent need to make the city more livable. This requires balancing infrastructure and social development, economic growth and environmental protection.
2 months agoIn 2022, Pope Francis sent a message to Muslims on the occasion of Ramadan, highlighting the importance of cooperation and solidarity in facing global challenges.
2 months agoWomen bring a unique and invaluable perspective to innovation—whether it is designing AI-driven virtual makeup applications or personal shopping assistants, our lived experiences shape technology.
2 months agoNot only do malaria and HIV receive far more resources from the Global Fund than tuberculosis, they also get much more global publicity and media coverage.
2 months agoThe government needs to immediately address the issue of deforestation as a key problem affecting both the environmental and economic viability of investment in the palm oil industry.
2 months agoBut thanks to weeks of harassment from low-level police officers which culminated in the band removing the song from all streaming platforms, the song is now an instant hit and the subject of conversation of everyone who has access to the internet, inspiring dozens of covers and becoming a rallying cry for thousands of students who took to the streets in recent days to protest President Prabowo Subianto's austerity measures.
2 months agoThe government is enhancing labor protections by introducing new regulations that guarantee holiday bonuses (THR) for ride-hailing drivers. However, due to the lack of a clear legal classification of these drivers as employees, their entitlement to these benefits remains uncertain. In parallel, President Prabowo Subianto has enacted a regulation ensuring that laid-off workers receive 60 percent of their last salary for six months.
2 months agoA crucial issue is public-sector over-indebtedness, which affects about one-third of developing countries, while several others face high debt levels and interest costs.
2 months agoThe open-source movement has shown that AI innovation is no longer controlled by a select few companies advocating for closed, proprietary AI.
2 months agoRecent developments regarding sovereignty show the conflict has important implications for the region.
2 months agoAmid these new realities, it might be opportune to ponder Indonesia’s readiness to weather potential storms coming from the White House.
2 months agoWhile the new regulation represents a major shift, it is ultimately a strategic move to ensure that Indonesia’s wealth benefits its own economy rather than being held in foreign financial markets
2 months agoThe termination of US aid for Indonesia's counterterrorism efforts could increase the likelihood of violent extremist organizations regrouping and former terrorists reengaging with their previous networks.
2 months agoPresident Prabowo Subianto is pushing for budget efficiency, which is expected to save around Rp 300 trillion (US$18.36 billion) and could even reach Rp 750 trillion, to create enough fiscal space to fund his signature programs such as the free nutritious meals program and the new Danantara sovereign wealth fund. On the other hand, this austerity measure is feared to undermine the morale of government employees, who will see their pay drop significantly.
2 months agoThe PDI-P has gone as far as refraining from saying it opposes the Prabowo administration, although it insists on staying outside of the government.
2 months agoBacked by the US, Australia has been increasingly asserting its power in the Indo-Pacific region. Has this strategy served it well?
2 months agoThe AIIB is a paradox: an institution connected to the rules and norms of the liberal international order, but one created by an illiberal regime.
2 months agoIncreased taxes on tobacco products to reduce their affordability remains the most cost-effective tool to reduce consumption.
2 months agoMany of the needs of young people are systematically ignored in the government’s climate policies and actions.
2 months agoIn the face of funding cuts and geopolitical fragmentation, multilateral organizations look weaker than ever.
2 months agoThe government has shown an increasing willingness to employ authoritarian tactics, a trend that pro-democracy activists have warned about for years.
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