Indonesia welcomes continued support from the International Monetary Fund (IMF) in maintaining economic and fiscal stability, ...

The Southeast Asian trade bloc has invited China and several Arab states to a joint summit in Kuala Lumpur in May. However, ...

With a shrinking middle class, falling commodity prices and youth unemployment on the rise, experts warn of an economic paradox in the making As student-led protests against austerity measures swept ...

Fuel subsidies encourage wasteful consumption, increase carbon emissions, and place a heavy burden on government budgets. To ...

Indonesia has the opportunity to transform its tax landscape with a groundbreaking digital VAT system that combines revenue ...

The FSAP team undertook a thorough top-down corporate and bank solvency, bank liquidity stress tests as well as analysis of interconnectedness using mid-2023 data. This note covers the methodology and ...

Indonesia is exposed to both climate change transition risks and physical risks. With primary energy supply heavily dominated by fossil fuels, like many other countries, and as a major exporter of ...

The IMF and the Art of Worsening Financial Crises ... In just a few weeks, one million people in Thailand and 22 million in Indonesia fell below the poverty line. The only country that contained ...

Tamil Nadu rejects New Delhi’s three-language policy imposing Hindi in schools. As a result, the Union government blocked educational funding for the state, fuelling tensions. For his part ...

Russia and Indonesia are strengthening defence ties as Russian security official Sergei Shoigu met Indonesia's defence minister in Jakarta. The visit follows Indonesia's entry into BRICS and aims ...

JAKARTA – Indonesia launched its new sovereign wealth fund Danantara on Feb 24, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8 per ...

Jakarta, Indonesia — Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia’s largest economy and give the ex-general ...