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Backgrounder
Tenggara Backgrounder April 18, 2025
POLITICS
Prabowo launches diplomatic offensive in Islamic world
Indonesia has always kept a low profile in the Islamic world despite being the country with the largest Muslim population in the world. It has not taken any noteworthy initiative in the Organization of the Islamic Conference (OIC) comprising mostly M...
Justice denied off the coast of Tangerang
The infamous sea barrier off the coast of Tangerang, Banten, which sparked public controversy early this year, has seemingly turned into a blame game between prosecutors and investigators, raising concerns about the country's law enforcement against...
Prabowo, Megawati rejuvenate relations
President Prabowo Subianto visited former president and Indonesian Democratic Party of Struggle (PDI-P) chairwoman Megawati Soekarnoputri on the occasion of the Idul Fitri holiday. The meeting on April 7 marked an important rapprochement between the...
BUSSINES & ECONOMICS
$2 billion Qatar fund puts Danantara on the spot, expectations soar
Indonesia and Qatar have launched a US$4 billion joint investment fund, co-managed by Indonesia's Danantara investment agency and the Qatar Investment Authority (QIA), marking a major milestone in President Prabowo Subianto's Middle East diplomacy. W...
The unclear financial framework of Red White Village Cooperatives
President Prabowo Subianto has tasked Finance Minister Sri Mulyani Indrawati to lead the financing strategy for the ambitious Red White Village Cooperative program, which now targets the creation of 80,000 cooperatives across Indonesia. The initiativ...
RI markets rise on U.S. tariff reprieve, energy deals in sight
The Indonesian stock market experienced a modest but meaningful recovery this week, buoyed by an announcement from US. President Donald Trump that the implementation of his proposed import tariffs would be delayed for most countries—excluding China,...
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