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Political economy explains why some economies thrive in a hostile world while others are punished by it.
50 seconds agoIndonesia’s financial markets have experienced significant turbulence in recent weeks, with the rupiah depreciating beyond Rp 18,000 per US dollar, the Indonesian Stock Exchange (IDX) Composite index falling by nearly half to below 6,000 points, 10-year government bond yields have climbed to 7.3 percent and the yield curve has flattened considerably amid substantial capital outflows. T...
7 minutes agoDanantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing challenges in Southeast Asia’s largest economy. ...
37 minutes agoThe newly amended Police Law betrays the spirit of the Reform era, turning the force into a political counterweight rather than a professional protector.
1 hour agoRio was born on Nov. 27 last year to giant panda pair Cai Tao and Hu Chun. Both pandas arrived in the park in 2017 under a 10-year joint research program and as a symbol of the friendship between Indonesia and China.
1 hour agoNewly released data reflects a normalization in consumer sentiment after heightened demand earlier in the year driven by the Idul Fitri holiday period, and tighter monetary policy may weigh on consumer confidence and retail sales in the months ahead.
11 hours agoThe possible transfer of Asagiri-class destroyers was discussed when Japanese and Indonesian defense ministers met in Jakarta during a meeting on May 3-4, when they signed a new Defense Cooperation Agreement (DCA).
12 hours agoPresident Prabowo Subianto has defended the frequency of his overseas trips, arguing that they are necessary to advance Indonesia’s active diplomacy and to maintain its nonaligned foreign policy amid intensifying global rivalries.
14 hours agoAt the end of 2025, 117.8 million people worldwide were forcibly displaced from their homes, marking a decline of 5.4 million compared to a year earlier, the UN refugee agency said.
14 hours agoPresident Prabowo Subianto said his concerns over Indonesia’s trajectory since the 1990s motivated his repeated bids for the presidency, insisting his political ambitions were driven by a desire to change the country’s course rather than personal ambition.
16 hours agoThe extravaganza hosted by the United States, Mexico and Canada is the biggest World Cup in history, stretching until the final in New Jersey on July 19.
16 hours agoA House commission chairman has warned that hiking Pertamax's price 32.11 percent could push consumers toward cheaper subsidized fuels, even as the world continues to grapple with the energy fallout from the Middle East crisis.
17 hours agoThe cyclone-induced floods and landslides killed at least 1,200 people and damaged around 300,000 homes, with environmental groups blaming the extent of the damage on the rapid deforestation of Sumatra island.
17 hours agoThe second straight day of tit-for-tat strikes, with Iran targeting US bases across the Gulf, sent oil prices rising again.
18 hours agoFor middle-income countries like India, accessing knowledge and technology is now a bigger challenge than raising capital, which suggests that MDBs must rethink their operating model.
18 hours agoIndonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.
18 hours agoA submarine cable connection linking Batam and Singapore is also expected to be completed by year-end.
19 hours agoWhile Indonesia’s reefs demonstrate a remarkable natural tolerance to heat stress, a long-term national strategy is needed to track the various impacts of warming oceans to safeguard not just coral cover but also to their capacity to heal.
19 hours agoFresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.
20 hours agoBPJS Kesehatan President Director Priharti Pujowaskito said the agency is currently paying out significantly more in healthcare claims than it collects in premium contributions, resulting in a persistent funding gap.
20 hours agoFrom the EU's stumbles to ASEAN’s gridlock, the current energy crisis proves that green targets are useless without bold political courage.
20 hours agoThe investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of the matter said on Thursday.
21 hours agoThe new BGN head has dismissed reports on an alleged pause in operational funds as a "hoax", saying that disbursements were made in stages on June 5 and 8, though the sudden change has left hundreds of SPPG unable to prepare nutritious meals for the nationwide feeding program.
21 hours agoAs Indonesia drifts toward oligarchy and political decay, a new generation of students is ditching street protests for the courtroom, using the Constitution to finish the reform movement started in 1998.
21 hours agoBlending fiction, history and printmaking, the Indonesian Pavilion presents a world shaped by centuries of movement, exchange and interconnected cultures beyond the colonial gaze
22 hours agoBy prioritizing organizational strength over independent oversight, the new Police Law delivers mere administrative updates instead of genuine democratic reform.
22 hours agoThe appointment of labor leader Said Iqbal as special presidential advisor on employment and workers’ welfare has sparked concerns over possible state cooptation of labor movement in the country, prompting questions about the future of labor groups’ independence.
23 hours agoThe amendments reveal a broader shift toward a more coordinated and state-directed model of financial governance.
1 day agoJoko “Jokowi” Widodo’s "safari politik" (campaign tour) since June marks a significant turning point in Indonesia’s post-presidential politics. Although publicly framed as a series of visits to fulfil invitations and meet citizens, the former presidents tour reflects a calculated effort to sustain influence, reorganize political alliances and shape the country’s political future toward the 2029 elections. Rather than a purely symbolic return, the "safari politik" represents a strategic repositioning in a political landscape now led by President Prabowo Subianto.
1 day agoAvoiding use of the US dollar, Indonesian companies recently signed countertrade deals with Philippine business partners worth $350 million. Jakarta encourages cross-border barter as a way to tackle exchange rate risks, but the measure will do little to help the ailing rupiah, experts note.
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