Prabowo faces investor revolt over Indonesia’s economic path

Quick Summary:

Investors are rattled right as Southeast Asia’s biggest economy is grappling with Trump’s tariff threats and waning Chinese demand.

To be sure, none of this appears to pose any imminent threat to Prabowo, who enjoys an overwhelming parliamentary majority, while the country’s sole opposition party is still seen lending legislative support on matters like the military law.

That renewed investor concerns about Bank Indonesia’s independence after an earlier draft of the financial sector omnibus law added job creation to the central bank’s objectives.

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Article Details

Author / Journalist: Philip J. Heijmans, Chandra Asmara, Bloomberg

Category: EconomyBusiness

Markets: United StatesIndonesia

Topics: Bloomberg Featured Editor's Picks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 04:32:50 (4 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 961 words

Reading Time: 6 minutes read

Sentences: 5 lines

Sentence Length: 193 words per sentence (average)

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

Copyright Owner: © Fortune

News ID: 27208447

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