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Search Result for “indrawati”

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BUSINESS

Indonesia stocks tank as downgrade risk triggers capital flight

Reuters, Published on 29/01/2026

» SINGAPORE - Indonesian stocks ‍on Thursday ‍were plunging toward their largest two-day fall on record as the risk of a downgrade to frontier market status triggered a headlong rush ‌for the exits.

BUSINESS

Thai stocks to benefit from Indonesia turmoil

Bloomberg, Published on 14/09/2025

» Political upheaval is driving a split in Southeast Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in Indonesia.

BUSINESS

Indonesian minister’s sudden exit sparks alarm for global funds

Bloomberg, Published on 09/09/2025

» The sudden removal of Sri Mulyani Indrawati as Indonesia’s finance minister is bound to rattle global investors, who saw her as a voice of fiscal responsibility in an administration pushing for bigger spending.

BUSINESS

Prabowo ousts finance chief Indrawati, risking Indonesia turmoil

Bloomberg, Published on 08/09/2025

» Indonesian President Prabowo Subianto removed Finance Minister Sri Mulyani Indrawati from her post, risking renewed financial turmoil for Southeast Asia’s biggest economy following days of violent protests against his administration.  

BUSINESS

Indonesia to seek US trade favour with finance, investment deals

Bloomberg, Published on 14/04/2025

» Indonesia will seek to strike trade, investment and financial-sector deals in week-long talks in Washington aimed at forestalling or mitigating planned tariffs from one of its biggest trading partners.

BUSINESS

Indonesia announces trade concessions for US

Reuters, Published on 08/04/2025

» JAKARTA - Indonesia announced a number of concessions for US imports on Tuesday, including reducing taxes on electronic goods and steel, ahead of trade negotiations with Washington over President Donald Trump’s sweeping tariffs.

BUSINESS

Prabowo faces investor revolt over Indonesia’s economic path

Bloomberg, Published on 21/03/2025

» For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.

BUSINESS

Indonesia presses ahead with VAT hike across the board, not only luxury goods

Reuters, Published on 16/12/2024

» JAKARTA - Indonesia on Monday decided to go ahead with a wide-ranging increase in the value-added tax rate to 12% next year, reversing a plan to only apply the hike to luxury goods, but will introduce measures to soften the blow on lower-income earners.

BUSINESS

Region told to rev up decarbonisation

Business, Sirinnaree Ongsakul, Published on 07/04/2023

» Southeast Asia needs to accelerate decarbonisation of its global value chains (GVCs) as the region could face up to a 30% loss of GDP annually by 2100 due to climate change, according to the Asian Development Bank (ADB).

BUSINESS

Bank Indonesia hikes benchmark rates for first time since 2018

Reuters, Published on 23/08/2022

» JAKARTA: Indonesia's central bank raised its benchmark interest rate for the first time since 2018 on Tuesday, stepping up monetary tightening to fight rising inflation.