Chandra G. Asmara

1 week ago | bloomberg.com | Ben Westcott |Chandra G. Asmara

Richard Marles(Bloomberg) -- Indonesia said it won’t allow Russian planes to be stationed on its territory, after earlier reports that Moscow had requested permission to access a provincial base in the archipelago stoked concern in neighboring Australia. Indonesia’s Defense Ministry said no such request had been made by Russia or been considered. “We follow a free and active foreign policy,” Frega Wenas, a spokesman for the ministry, told reporters on Wednesday. “We’re friends with everyone.

1 week ago | bloomberg.com | Chandra G. Asmara

A KAAN, national combat aircraft TF-X. (Bloomberg) -- Indonesia is looking to help develop Turkey’s Kaan fighter jet and submarines, underscoring an intent to broaden modernization of Southeast Asia’s largest military to partners beyond traditional defense allies. The countries will establish a joint venture between strategic defense companies, President Prabowo Subianto said in a joint statement with President Recep Tayyip Erdogan late Thursday during a visit to Turkey.

2 weeks ago | bloomberg.com | Chandra G. Asmara

Megawati Soekarnoputri(Bloomberg) -- President Prabowo Subianto met the leader of Indonesia’s de facto opposition party for the first time in more than a year, looking to reassure investors as a US tariff threat hung over Southeast Asia’s largest economy. Prabowo spoke with Megawati Soekarnoputri, a former president and leader of the largest party in parliament, for more than an hour Monday at her Jakarta residence. Officials began mentioning the meeting about a day later.

1 month ago | yahoo.com | Philip Heijmans |Chandra G. Asmara

(Bloomberg) -- 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. Most Read from BloombergAdvertisementThe ex-general has been causing unease with his populist spending measures, plans to dilute the central bank’s independence and aggressive policies against foreign businesses like Apple Inc.

1 month ago | fortune.com | Philip Heijmans |Chandra G. Asmara

Indonesia's president has been causing unease with his populist spending measures, plans to dilute the central bank’s independence and aggressive policies against foreign businesses like Apple Inc. Yasuyoshi Chiba—AFP via Getty Images