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‘Like Kennedys and Bushes’: Indonesia president-elect Prabowo’s family business empire draws parallels, concerns

Channel News Asia LogoChannel News Asia3d ago

‘Like Kennedys and Bushes’: Indonesia president-elect Prabowo’s family business empire draws parallels, concerns - Channel News Asia

Quick Summary:

The president-elect’s youngest sibling Hashim Djojohadikusumo has ambitions to expand his already lucrative business portfolio.

Analysts are raising concerns over the family’s growing commercial and political clout.

Meanwhile, economist Andry Satrio Nugroho from the Institute for Development of Economics and Finance (INDEF) said one way to prevent an abuse of power is when Mr Prabowo forms his Cabinet, key economic positions should be awarded by merit to those technically skilled and suited to the role, with no outside business interests.


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‘Like Kennedys and Bushes’: Indonesia president-elect Prabowo’s family business empire draws parallels, concerns - Channel News Asia (Picture 1)‘Like Kennedys and Bushes’: Indonesia president-elect Prabowo’s family business empire draws parallels, concerns - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-29 @ 06:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1669 words

Reading Time: 10 minutes read

Sentences: 68 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21414576

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 38 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://beamstart.com/news/like-kennedys-and-bushes-indonesia-17196464543918

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