Indonesia president-elect Prabowo says seeks stronger ties with ‘great friend’ Russia

JAKARTA, Aug 1 (Reuters) – Indonesia’s President-elect Prabowo Subianto said his upcoming administration would maintain ties with “great friend” Russia after meeting President Vladimir Putin, adding that he hoped for stronger cooperation on defence, energy and education. Prabowo, who is currently defence minister, is set to take over the presidency from Joko Widodo in October. […]

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Is Indonesia limiting Chinese nickel investments to gain US trade benefits?

By Resty Woro Yuniar Indonesia is sending mixed signals about Chinese investment in its nickel industry as it aims to align its policies with US tax credit eligibility under a trade deal with Washington, with the government denying placing limits on Chinese involvement even as reports suggest new deals are being structured to minimise their […]

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Indonesia launched golden visa

Indonesia launched the “Golden Visa Program” to attract foreign investors and ease their immigration process. Indonesian President Joko Widodo launched the visa program on Thursday (July 25). At the opening ceremony of the program in Jakarta, Widodo said that the golden visa will provide an opportunity to invest in Indonesia and increase the country’s productivity. […]

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Prabowo’s nephew to be appointed Indonesia deputy Finance Minister, his party says

Indonesia’s outgoing President Joko Widodo will appoint Thomas Djiwandono, the nephew of president-elect Prabowo Subianto and his adviser for fiscal issues, as a deputy finance minister later on Thursday, a senior politician said. Sufmi Dasco Ahmad, a senior member of Prabowo’s Gerindra political party confirmed Reuters’ earlier report of the planned appointment, adding Djiwandono will […]

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Indonesia’s Widodo delays move to new capital, amid Prabowo’s potential shift on Nusantara

 Jakarta: President Joko Widodo has delayed relocating his office to Indonesia’s new 500 trillion rupiah (US$32 billion) planned capital city, citing missed deadlines for critical infrastructure, in a move observers say signals that development on his legacy project is significantly behind schedule. Widodo last month said he would start working from the new capital – […]

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Indonesia considers changing rules on micro loans

JAKARTA: Indonesia is reviewing rules in a government programme to subsidise micro loans, a senior minister said on Thursday, after the country’s banking regulator signalled it would turn down the government’s request to relax rules on loan restructuring. President Joko Widodo last month proposed reinstating until 2025 a COVID-era loan restructuring policy, which allowed banks […]

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51,000-year-old ‘mysterious cave paintings’ found in Indonesia

An approximately 51,200-year-old painting has been found in a cave in Indonesia. Archaeologists claim that this is the world’s oldest known painting. This mysterious artefact was found in the Leang Karampuang Cave on the island of Sulawesi in eastern Indonesia. It is six thousand years older than the previous artefact. Researchers from Griffith University, Southern […]

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Indonesia offers to deploy peacekeepers in Gaza

The country’s Defense Minister Prabowo Subianto has proposed to take some of the injured Gaza residents to Indonesia for medical treatment and to deploy Indonesian peacekeepers in the war-torn Gaza. According to The Jakarta Post, he made this proposal on behalf of Indonesian President Joko Widodo at the ‘Call for Action: Urgent Humanitarian Response for […]

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