Indonesia’s new sovereign investment vehicle, BPI Danantara, has officially launched the Patriot Bond, targeting an extraordinary 50 trillion rupiah (US$2.8 billion) in fundraising. The special […]
Author: Ronny P Sasmita
Trump’s new tariff offensive puts Indonesia in the firing line
Global trade has once again been shaken by a dramatic shift in US protectionist policy, and Indonesia is once again in the crosshairs. The change […]
How Indonesia’s free meals program became a patronage feeding frenzy
The political and economic turmoil that engulfed the leadership of Indonesia’s National Nutrition Agency (BGN) in early June marked the culmination of a governance crisis […]
Rupiah’s plunge pushes Indonesia’s manufacturers to the edge
Indonesia’s financial markets were jolted Monday (June 8) as the rupiah hit a new record low of over 18,155 to the US dollar and the […]
Indonesia’s rupiah rout is not just about the dollar
The wave of currency depreciation that battered Indonesia’s foreign exchange market throughout April and May 2026 has pushed the rupiah to record lows, dangerously close […]
Why the Shangri-La Dialogue finally really mattered
Under Singapore’s increasingly sweltering skies, the lobby of the Shangri-La Hotel in late May 2026 offered a revealing snapshot of a world edging toward deeper […]
The nightmare of Indonesia’s ’10 New Balis’ tourism dream
The idea of replicating Bali’s success across the Indonesian archipelago through the “10 New Balis” initiative was one of the country’s most ambitious economic development […]
The leakage and lies keeping Indonesia’s rupiah weak
Indonesia embodies one of the strangest paradoxes in emerging-market economics. Every time global commodity prices, from coal to crude palm oil (CPO), surge, the country […]