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View all search resultsChallenges in implementation are to be expected in the nascent stages of any government intervention, especially in a country as geographically vast and varied as Indonesia. The key is to build upon their lessons, bit by bit, to ensure a strong foundation for sustainable delivery and development.
Rupiah redenomination has been in the cards for more than a decade, but the stars may now be aligning for scrapping three zeroes from the Indonesian currency as economic and political stability, alongside low inflation and strong foreign exchange reserves, would facilitate such a move.
An association named the "victims of SOE Istaya Karya" has urged lawmakers to fulfill the bankrupt construction firm's financial obligations to vendors, some of which have been waiting more than a decade to be paid.
Traders at Jakarta's textile and garment hub are collectively breathing a sigh of relief after the government's social commerce ban on TikTok, but it may not be smooth sailing from here on out for sales at their physical stores.
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