Floods in Indonesia's Bali Kill at Least 9, Officials Say
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Finance Minister Purbaya Yudhi Sadewa vowed to inject about $12 billion into Indonesia’s economy to support growth.
Indonesia might allocate more funds from its proposed 2026 budget to its provinces and districts to calm fears about the likelihood of local tax hikes, its new finance minister said on Thursday. Indonesia's parliament is currently discussing next year's $236 billion budget proposal,
Motivated by growing economic inequality and government corruption, Indonesians have been protesting across the country for weeks. Under the administration of President Prabowo Subianto, harsh
Fidelity International and Pinebridge Investments are weighing bets on Indonesian bonds, emphasizing the importance of fiscal discipline after the nation’s new finance minister pledged to keep the budget deficit within the legal limit of 3% of gross domestic product.
Flooding disasters in Indonesia are increasingly traced not to natural causes, but to corporate destruction of peatlands, NGO Pantau Gambut warns in its newest report. The report reveals how the construction of industrial-scale canals,
After deadly demonstrations ousted Nepal's veteran prime minister and set parliament ablaze, social media users shared a video falsely claiming it depicts the protesters having a showdown with the military.
Indonesia plans to inject about 200 trillion rupiah ($12 billion) into the economy to help boost growth, according to its newly-appointed finance minister.
In recent weeks, Indonesia has been rocked by massive anti-government demonstrations. The protests are led by students, workers and women’s rights groups angered by the yawning gap between Indonesia’s elites and shrinking middle class,
Indonesia's president on Monday replaced well-regarded finance minister Sri Mulyani Indrawati with an economist who has promised accelerated growth, amid fears of an economic slowdown in Southeast Asia's largest economy.