The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Indonesia’s economic diplomacy set to maintain course under Prabowo

google-preferred-sourceAdd BT as a preferred source
Elisa Valenta

Elisa Valenta

Published Tue, Apr 2, 2024 · 05:17 PM
    • Indonesia's president-elect Prabowo Subianto (left) and China's President Xi Jinping at the Great Hall of the People in Beijing. Prabowo says the Indonesian government would prioritise aligning development strategies with China and fostering strategic cooperation.
    • Indonesia's president-elect Prabowo Subianto (left) and China's President Xi Jinping at the Great Hall of the People in Beijing. Prabowo says the Indonesian government would prioritise aligning development strategies with China and fostering strategic cooperation. PHOTO: REUTERS

    [JAKARTA] Indonesia’s stance towards China will likely remain steady under the leadership of president-elect Prabowo Subianto, indicating that the 72-year-old politician will prioritise continuity over change, analysts said.

    Defence Minister Prabowo, declared the winner in last February’s election, met Chinese President Xi Jinping on Monday (April 1) in Beijing.

    This is the first overseas trip Prabowo has made following the General Election Commission’s official announcement of his victory on March 20.

    Indonesia

    TRENDING NOW

    Tribunal Magistrate Jared Kang described dismissal law as “a little more layered, difficult and unclear than it perhaps needed to be”.

    Firm loses wrongful dismissal case despite following termination clause

    The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

    Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

    UOB’s asset quality was a recurring theme across all broker notes.

    Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation

    Soilbuild and its executive chairman Lim Chap Huat are reportedly seeking unspecified damages over Brookfield’s alleged breach of their agreement.

    Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More