Tag: Indonesia

Indonesia to Propose Wider Budget Deficit to Fund Free Lunches

(Bloomberg) — Indonesia plans to propose a wider budget deficit for next year to fund new policies by the incoming president, which may include Prabowo Subianto’s free lunch program. Most Read from Bloomberg The fiscal gap may rise to 2.45%-2.8% of gross domestic product in 2025, Finance Minister Sri Mulyani Indrawati told reporters after a […]

Old video of Indonesia bus fire falsely shared as election arson attack

Footage of a burning bus in Indonesia shows a fire in January 2023 that was reportedly caused by an electrical fault, contrary to social media posts that falsely claim the vehicle was torched over its owner’s support for a candidate in the 2024 presidential election. The blaze happened nearly a year before the bus company’s […]

Meta, Alphabet Pushed to Enter Deals With Indonesia News Firms

(Bloomberg) — Meta Platforms Inc. and Alphabet Inc. will be required to strike commercial deals with Indonesian news outlets to use their content. Most Read from Bloomberg The publishers’ rule will push digital platforms to “support quality journalism” by entering licensing, revenue-sharing, data-sharing or other deals with local news outlets, without specifying how the income […]

How a Chinese rocket failure boosted Elon Musk’s SpaceX in Indonesia

By Stefanno Sulaiman, Devjyot Ghoshal and Joe Brock JAKARTA (Reuters) – When a Chinese rocket malfunctioned shortly after launch in April 2020, destroying Indonesia’s $220 million Nusantara-2 satellite, it was a blow to the archipelago’s efforts to strengthen its communication networks. But it presented an opportunity for one man. Elon Musk – the owner of […]

Prabowo Takes Early Lead in Unofficial Indonesia Vote Count

(Bloomberg) — Indonesia’s Defense Minister Prabowo Subianto has taken an early lead in the country’s presidential election, according to an unofficial quick count by private pollsters. Most Read from Bloomberg Prabowo, and his running mate Gibran Rakabuming Raka are leading with more than 60% in Litbang Kompas’s count of about 32% of votes. Former provincial […]

Indonesia students plan to protest alleged poll interference

By Ananda Teresia JAKARTA (Reuters) – Hundreds of Indonesian students and activists will stage protests on Monday over what they see as outgoing President Joko Widodo‘s abuse of power to sway voters in this week’s election in favour of frontrunner, Prabowo Subianto, organisers said. Jokowi, as the incumbent is known, has not explicitly endorsed any […]

Indonesia scraps plan to buy Mirage fighter jets from Qatar

JAKARTA (Reuters) – Indonesia has ditched a controversial plan to buy 733 million euros ($790 million) worth of Mirage 2000-5 fighter jets previously used by Qatar, the defence ministry spokesperson said late on Saturday. “There is no purchase of Mirage jets. Even though it was planned, it has been cancelled … meaning there is no […]

Huge rallies in Indonesia as candidates finish election campaign

Hundreds of thousands of supporters of Indonesia’s presidential contenders packed final rallies in the capital Jakarta and the Central Java city of Solo on Saturday, ahead of the world’s biggest single-day election. Candidates enter a cooling-off period on Sunday, running through election day on Wednesday, when voters will choose among three contestants running to succeed […]