Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsPresident Prabowo Subianto's tenure has been marked by a recurring pattern of rhetorical detours. His supporters see his direct, unscripted style as refreshingly authentic; critics see a habit that regularly produces high-profile verbal slips with real domestic and international consequences.
Danantara’s plan to appoint hedge fund managers marks a potentially significant shift toward a more complex and higher-risk investment strategy. The move comes even as the state asset fund has yet to publish financial reports substantiating President Prabowo Subianto’s claims of stellar performance. It raises a fundamental question: Is Danantara’s investment strategy aligned with its long-term national mandate, or is the fund experimenting with increasingly aggressive approaches to managing state assets?
The legal saga surrounding former assistant attorney general for special crimes (Jampidsus) Febrie Adriansyah has entered yet another chapter. What began as one of Indonesia's highest-profile money laundering investigations has increasingly evolved into a politically charged legal battle, with the former senior prosecutor now appearing to pursue an exit strategy through the courts.
Statistics Indonesia (BPS) announced that Indonesia’s economy expanded 5.29 percent year-on-year (yoy) in the second quarter of 2026, marking notable growth above the 5 percent threshold amid continued global uncertainty and geopolitical tensions. The figure also improved from 5.12 percent in the same quarter last year, suggesting that President Prabowo Subianto’s increasingly expansionary fiscal policies have helped sustain domestic economic activity even as global trade growth weakens. However, the stronger growth also comes as the government ramps up spending on its flagship programs, raising questions about the fiscal cost of sustaining this momentum.
Indonesia’s external debt has continued to rise and reached a new high of Rp 8 quadrillion ($444 billion) in May 2026. The increase was primarily driven by government and central bank debt, which accounted for 55.9 percent of total external debt, or US$248.5 billion, after growing 3.89 percent year-on-year (yoy).
The government's decision to take over the debt restructuring of the Whoosh Jakarta-Bandung high-speed railway marks the end of one of Indonesia's largest business-to-business (B2B) infrastructure experiments. A decade after promising the project would not rely on the state budget, the government has been forced to step in. The rescue raises a broader question: If the existing line has yet to prove financially sustainable, why extend it to Surabaya?
United States President Donald Trump has revived his tariff agenda under a new legal justification. After the Supreme Court struck down his "Liberation Day" tariffs in February, his administration turned to Section 301 of the Trade Act of 1974, accusing trading partners of failing to prevent forced labor in their supply chains. Indonesia is among the affected countries, which has raised questions about how effectively it is tackling forced labor at home.
The Constitutional Court just handed down a much-needed reality check on the country's public finances. By striking the free nutritious meal program out of the national education budget, the court drew a clear line in the sand: money set aside for education needs to go toward education. Now, the government has to figure out a transparent, long-term way to fund its flagship free meals program without taking a bite out of other vital national priorities.
The arrest of 142 suspects by South Sumatra Police has brought renewed attention to what authorities describe as one of the largest fuel embezzlement cases in the country’s recent history. Between January and July 2026, police uncovered 96 cases involving the diversion and illegal trade of subsidized fuel, with an estimated 1.4 million liters of fuel allegedly siphoned from the official distribution system.
For most of his first two years in office, President Prabowo Subianto enjoyed a honeymoon that simply refused to end. Survey after survey showed him with approval numbers most world leaders can only dream of. That period has now ended. It was a long and genuinely good run, but the latest data from Saiful Mujani Research and Consulting (SMRC) confirm that political reality has caught up with him.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.