Prabowo Subianto

Indonesia will see faster growth in 2026, Prabowo tells Davos

The president has consistently portrayed Indonesia as open to foreign investment

A ride-hailing motobike rider during a protest in Jakarta streets last September. Since then, Indonesian President Prabowo Subianto has been under pressure to respond to drivers’ demands for better pay and conditions.

Indonesian ride-hailing industry set for shake-up under draft presidential decree

The decree, now under consideration, will slash caps on commissions to 10% from the current 20%

Indonesia has set its budget deficit target at 2.68% of GDP this year.

Indonesia plans to sell first Asian sovereign dollar bond of 2026

The sale comes as Prabowo looks to fund a Budget deficit that risks exceeding 3% of GDP in 2026

Indonesia’s Finance Minister Purbaya Yudhi Sadewa said the deficit widened as spending was kept up to support growth amid global uncertainty.

Indonesia fiscal deficit soars to 2.9% of GDP, near legal limit

The deficit highlights rising fiscal strains for President Prabowo as he pushes growth plans amid slowing revenue

Indonesia's expanded land seizure drive heightens regulatory risks and potential billion-dollar fines, fuelling investor concerns over Indonesian asset security.

Indonesia sharpens axe on land clawback, raising stakes for regional palm oil giants

Potential fines may run into billions of dollars if disputed land is ultimately deemed illegal among investors’ concerns

Coordinating Minister for Economic Affairs Airlangga Hartarto says all substantive trade issues between Indonesia and the US have been resolved.

Indonesia to sign final US trade deal in January, tariffs fixed at 19%

Presidents Prabowo and Trump are set to sign the agreement in Washington, DC, in January

Putin, hosting Prabowo in the Kremlin, said he wanted to talk about what he called a slight decrease in the volume of Russian wheat exports to Indonesia in 2025.

Putin and Prabowo meet for talks on military and energy ties, wheat exports

It is the second time the pair have met in Russia this year

Victor Hartono's travel ban is part of an ongoing investigation into an alleged graft scheme involving attempts to reduce tax liabilities.

Travel ban on Victor Hartono casts spotlight on Indonesia’s richest family: Analysts

The chief executive of Indonesia’s Djarum and the eldest son of billionaire Robert Budi Hartono is barred from leaving the country

A recent anti-graft protest in Manila. Domestic troubles in South-east Asia have been costly, as political turmoil in Thailand, Indonesia and the Philippines has made visible marks on Q3 growth rates.

Three quarters in, domestic disquiet could prove costly for S-E Asia’s growth drivers

Front-loading begins to cool, while political turnovers and corruption scandals rattle confidence