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☆ Indonesia’s new leader posted video of his congratulatory call with Trump. Both lavished each other with praise
▼ + stars: | 2024-11-12 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —Indonesia’s new President Prabowo Subianto posted a video of his phone call congratulating Donald Trump on his reelection, during which the former special forces commander referenced his American “training” and called the US-president elect “sir” multiple times. Prabowo, who is in Washington for an official visit, posted the almost three-minute phone conversation on his official social media channels Monday and said he would like to “call personally” on Trump. “Wherever you are I’m willing to fly to congratulate you personally, sir,” Prabowo said in the video. It’s not easy,” Trump told Prabowo. “The most important objective of democracy is giving people the leaders and representatives they want,” Prabowo told reporters from his swimming pool.

Persons: CNN —, Prabowo Subianto, Donald Trump, “, Prabowo, ” Prabowo, Trump, Joe Biden, scrutinizing, ”, ” Trump, Xi Jinping, Keir Starmer, Joko, Suharto Organizations: CNN, Trump, White, he’s, Soviet, Reuters, Pacific Cooperation, British, News Agency Locations: Washington, Indonesia, United States, Indonesian, Washington , DC, Asia, Beijing, China, Peru, Brazil, Jakarta, Prabowo, London

☆ Apple can't sell the new iPhone in the world's 4th most populous country
▼ + stars: | 2024-10-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Apple has been banned from selling the iPhone 16 in Indonesia. Apple's share of the Indonesian market has grown to around 10% in recent years. AdvertisementThe Indonesian government has blocked Apple from selling its latest iPhone 16 in the country because it does not meet local regulations. The ministry said 9,000 iPhone 16 products had already entered the country. Of the 235 million smartphones Apple sold globally last year, the company only sold about 3.4 million in Indonesia, the FT reported.

Persons: Apple hasn't, —, Apple, Tim Cook, Joko Widodo Organizations: Apple, Service, Indonesia's Ministry of Industry, Ministry of Industry, Indonesian, Anadolu, Getty, Apple Intelligence Locations: Indonesia, Indonesian, China

But Widodo appointed Subianto as defense chief after his reelection, paving the way for an alliance despite their rival political parties. Backed by Widodo, Subianto swept to a landslide victory in February’s direct presidential election on promises of policy continuity. Subianto was sworn in with his new vice president, 37-year-old Surakarta ex-Mayor Gibran Rakabuming Raka. Leaders and senior officials from more than 30 countries flew in to attend the ceremony, including Chinese Vice President Han Zheng and leaders of Southeast Asia countries. Indonesia is a bastion of democracy in Southeast Asia, a diverse and economically bustling region of authoritarian governments, police states and nascent democracies.

Persons: Prabowo Subianto, Subianto, Prabowo, Gibran, ”, Atalaric Eka, “, Joko Widodo, Widodo, Gibran Rakabuming Raka, Raka, don’t, Jordanian King Abdullah II bin Al, Hussein, Nancy Namrouqa, Abdullah, Han Zheng, Joe Biden, Linda Thomas, Greenfield, Adm, Samuel Paparo, ” Subianto, Suharto Organizations: Widodo, Southeast Asia —, Foreign, U.S, United Nations, Pacific Command, American, Army Locations: JAKARTA, Indonesia, Jakarta, Surakarta, Southeast Asia, Jordan, Jordanian, Amman, Gaza, Subianto, Asia, United States, China, U.S, Australia, Indonesian, Borneo

☆ Ex-general Prabowo, once accused of rights abuses, takes up presidency of world’s third-largest democracy
▼ + stars: | 2024-10-20 | by ( ) edition.cnn.com time to read: +5 min

Jakarta Reuters —Indonesia’s Prabowo Subianto on Sunday took over as president of the world’s third-largest democracy, vowing to combat internal issues such as corruption that plague the country and to make it more self-sufficient. “We must always realise that a free nation is where the people are free,” Prabowo said, at times raising his voice. Newly-inaugurated Indonesian President Prabowo Subianto greets supporters after being sworn in as the country's eighth president in Jakarta on Oct. 20, 2024. Flower boards outside the palace either congratulated Prabowo and Gibran or thanked Jokowi for his decade of service. Jokowi supporters are also attending the celebrations to bid farewell to Indonesia’s outgoing leader.

Persons: Prabowo, ” Prabowo, “, ”, Gibran Rakabuming Raka, Joko “, Widodo, Sugiono, Prabowo Subianto, Dita Alangkara, Gibran, Jokowi, Anneta, “ Prabowo, Critics, Han Zheng, Linda Thomas, Joko Widodo, Achmad Ibrahim, Suharto Organizations: Jakarta Reuters —, Sunday, US Locations: Jakarta, Indonesia’s, Indonesian, China, United States, Greenfield, Indonesia's, Indonesia, Gaza, Papua, East Timor

☆ Fearful of the 'middle-income trap,' Indonesia pushes for major policy reform
▼ + stars: | 2024-09-26 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +4 min

Incoming President Subianto has promised to continue the charge toward making Indonesia a high-income economy. Economic reforms passed through by the outgoing president will make the achieving Indonesia's grand vision easier. "Widodo put in place a bunch of economic reforms, the most noticeable being making it easier to hire and fire new workers. Indrawati hopes to avoid "the middle-income trap" — an economic development situation where growing economies stagnate at middle-income levels and are unable to advance to the ranks of high-income countries. Major policy reforms, she believes, will help Indonesia sidestep that.

Persons: Sri Mulyani Indrawati, CNBC's, Joko Widodo, Prabowo Subianto, Subianto, Widodo, Gareth Leather, Indrawati Organizations: Afp, Getty, country's Finance, International Monetary Fund, Defense, Capital Economics, CNBC, Lowy Institute Locations: Jakarta, Indonesia, Washington, Australian, China, Asia

☆ New Zealand pilot freed after 19 months in captivity in Indonesia’s Papua
▼ + stars: | 2024-09-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

New Zealand pilot Phillip Mehrtens has been freed more than 19 months in Indonesia’s Papua, authorities said on Saturday. Indonesia’s Metro TV showed him tearfully speaking to his family by phone. New Zealand Foreign Minister Winston Peters said, “We are pleased and relieved to confirm that Phillip Mehrtens is safe and well and has been able to talk with his family. This news must be an enormous relief for his friends and loved ones.”A range of New Zealand government agencies had been working with Indonesian authorities and others towards securing Mehrtens’ release, Peters said in a statement. Another New Zealand pilot, Glen Malcolm Conning, was killed by separatist rebels in Papua in August after landing his helicopter in a remote area, authorities said at the time.

Persons: Phillip Mehrtens, Mehrtens, Egianus Kogoya, Joko Widodo, Winston Peters, “, Peters, General Faizal Ramadhani, Egianus Kogoya’s, Glen Malcolm Organizations: Zealand, Metro TV, West Papua National Liberation Army, New Zealand Foreign, Mehrtens, New Locations: Indonesia’s Papua, Timika, Nduga, New Zealand, Papua

☆ Indonesian president tries out palace in proposed new capital
▼ + stars: | 2024-07-30 | by ( ) www.cnbc.com time to read: +1 min

Indonesia's future Presidential Palace in the future capital city of Nusantara, in Penajam Paser Utara, East Kalimantan, on July 11, 2024. The new city is scheduled to begin operating as the country's new political centre on Aug. 17, 2024 during Indonesia's 79th Independence Day. Indonesian President Joko Widodo spent his first night in the eagle-shaped palace of the country's proposed new capital Nusantara ahead of official meetings on Monday, as the outgoing leader works to allay fears about the beleaguered infrastructure project. The dramatic bird-shaped palace, comprised of 4,650 blades that make up the eagle's wings, is the centerpiece of the new capital. Carved out of jungle on the tropical island of Borneo, the $32 billion infrastructure project is located about 1,200 km (750 miles) from the current capital, Jakarta.

Persons: Indonesia's, Penajam Paser, Joko Widodo, Jokowi Organizations: Indonesia's, Nusantara Locations: Nusantara, Penajam, East Kalimantan, Borneo, Jakarta

☆ Is 100 Days Enough Time to Pick a Leader? Around the World, Yes.
▼ + stars: | 2024-07-26 | by ( Josh Holder | Keith Collins | ) www.nytimes.com time to read: +4 min

Is 100 Days Enough Time to Pick a Leader? But in many other democracies, an official election period sets out when candidates can debate, make speeches and run political ads (often with strict spending limits). “We know from other countries that 100 days is plenty of time for a healthy campaign,” said Mr. Tama. “Most campaigns in different countries are in the range of a few weeks to several months.”Even in India, the largest democracy in the world, the official campaign only starts a little over a month before voting begins. And in India in 2014, Narendra Modi had six months after his party chose him as leader to wage his successful campaign for prime minister.

Persons: Kamala Harris, Mexico Claudia Sheinbaum, Philippines Ferdinand Marcos Jr, Justin Trudeau, Italy Giorgia Meloni, Brazil Luiz Inácio Lula da Silva, Anthony Albanese, France Emmanuel Macron, Indonesia Joko, Keir Starmer, India Narendra Modi, Korea Yoon Suk Yeol, Japan Fumio Kishida, Donald J, Trump, Jordan Tama, “, ”, Tama, Biden’s, Lyndon B, Johnson, Harris, Narendra Modi Organizations: Voters, American University, American, United, Electoral College, Labour, Conservative Locations: Mexico, Philippines, Italy, France, Indonesia, India, Korea, Japan, Canada, United States

☆ Voice of Baceprot prepare for Glastonbury debut, metal-mad Indonesia cheers
▼ + stars: | 2024-06-27 | by ( Heather Chen | ) edition.cnn.com time to read: +12 min

“Indonesia is home to the most metal fans in Asia so heavy metal bands love coming to play here,” said Hammersonic CEO Ravel Junardy. Lamb Of God vocalist Randy Blythe performs during Hammersonic in Jakarta, Indonesia on March 9, 2015. Indonesian heavy metal band Death Vomit from Yogjakarta are known for their ferocious and brutal sound. Rajawali IndonesiaGerman metal band Kreator holds up a banner during their performance at the Jogjarockarta festival on January 27, 2024. She first saw them live at a music festival in Singapore back in 2021 and says she is looking forward to their Glastonbury debut.

Persons: Sza, Firda “, ” Kurnia, ”, Marsya, Euis Siti Aisyah, Widi Rahmawati, metalhead –, “, Miikka Skaffari, Firda Kurnia, Tom Morello –, replaying, Malala Yousafzai, VOB, Anthrax, Joko Widodo, Olivia Rondonuwu, Indonesia’s, Sukarno, “ Sukarno, Jeremy Wallach, Suharto, ” Wallach, Metallica, –, Widodo, Metallica’s Robert Trujillo, Jokowi, Metallica's Robert Trujillo, Slipknot, Lamb, God, Ravel Junardy, Randy Blythe, Eddy Purwanto, Dave Mustaine, Corna Irawan, Anas Syahrul Alimi, Anas, “ Dave Mustaine, ” Anas, Kreator, Dougie, Mark LeVine, ” LeVine, LeVine, Faezah Eli Organizations: CNN, Dua Lipa, Coldplay, Jakarta Institute of Arts, Malala, “, ” “, Getty, Western, AFP, Megadeth, Rajawali, Machine, Glastonbury Locations: Indonesia, Britain, Dua, Glastonbury, Indonesian, Damar, Oakland , California, Jakarta, Bay, AFP, ” “ Jakarta, “, West, Southeast Asia, “ Indonesia, Asia, Sweden, Finland, Java, Yogyakarta, Rajawali Indonesia German, Rajawali Indonesia, Surabaya, East, North Africa, Egypt, Singapore, Malaysia, United Kingdom

☆ Things may not be going to plan at Nusantara, the $35 billion capital city Indonesia is building from scratch
▼ + stars: | 2024-06-04 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Indonesia is building a new capital from scratch, with Jakarta threatened by rising sea levels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndonesia's plans to build a new capital city from scratch have been hit by the unexpected resignation of the two top officials overseeing the project. Bambang Susantono and his deputy Dhony Rahajoe both quit their roles at the Nusantara Capital City Authority on Monday, outlets including Reuters reported. This story is available exclusively to Business Insider subscribers.

Persons: Tony Blair, —, Bambang Susantono, Dhony Rahajoe, Pratikno, Joko Widodo Organizations: Nusantara, Service, Nusantara Capital, Authority, Reuters, Asia News Network, Business Locations: Indonesia, Jakarta

☆ Elon Musk launches Starlink satellite internet service in Indonesia
▼ + stars: | 2024-05-20 | by ( ) edition.cnn.com time to read: +3 min

Denpasar, Indonesia Reuters —Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX’s satellite internet service for the nation’s health sector on Sunday, aiming to improve access in remote parts of the sprawling archipelago. Musk, wearing a green batik shirt, said the availability of the Starlink service in Indonesia would help millions in far-flung parts of the country to access the internet. Asked about whether he planned to also invest in Indonesia’s electric vehicle industry, Musk said he was focused on Starlink first. Prior to Sunday’s launch, Starlink obtained a permit to operate as an internet service provider for retail consumers and had been given the go-ahead to provide networks, having received a very small aperture terminal (VSAT) permit, Budi Setiadi told Reuters. SpaceX’s Starlink, which owns around 60% of the roughly 7,500 satellites orbiting earth, is dominant in the satellite internet sphere.

Persons: Indonesia Reuters — Elon Musk, Budi Gunadi Sadikin, Musk, ” Starlink, “, ”, Joko Widodo, Budi Arie Setiadi, Starlink, Budi Setiadi, SpaceX’s Organizations: Indonesia Reuters, Indonesian Health, SpaceX, Tesla, Indonesian, . Communications, Reuters Locations: Denpasar, Indonesia, Bali, Aru, Maluku, Southeast Asia, Malaysia, Philippine, Ukraine

☆ Apple apologizes for iPad Pro ad showing hydraulic press destroying guitars, piano
▼ + stars: | 2024-05-09 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple took on Thursday the unusual step of apologizing for a short advertising video promoting the company's new iPad Pro tablet after the ad was roundly criticized on social media. Apple CEO Tim Cook posted the spot on X, formerly Twitter, on Tuesday. Apple has also decided not to run the ad on TV, Ad Age said. It isn't the first Apple iPad ad in recent years to annoy some customers. In 2018, some people said they were annoyed by an iPad Pro spot in which a child asks, "What's a computer?"

Persons: Tim Cook, Joko Widodo, Apple, Tor Myhren Organizations: Apple, YouTube, \ Media, Lab Locations: Jakarta, Indonesia

☆ Indonesia volcanic eruptions: Government to permanently relocate almost 10,000 residents
▼ + stars: | 2024-05-04 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —The Indonesian government will permanently relocate almost 10,000 residents after a series of explosive eruptions of the Ruang volcano has raised concerns about the dangers of residing on the island in future, a minister said on Friday. “As instructed by President Joko Widodo, we will build houses that meet disaster-standards,” he said, adding that the site was located about 200 km (125 miles) from Ruang island. A view of Mount Ruang volcano on Wednesday, the day after it erupted three times, forcing authorities to issue evacuation orders for 12,000 locals. The volcano had not erupted on Friday but Manado’s Sam Ratulangi Airport remained closed until the evening due to the spread of volcanic ash. Indonesia straddles the so-called “Pacific Ring of Fire,” an area of high seismic activity where multiple tectonic plates meet.

Persons: Muhadjir Effendy, “, Joko Widodo, ”, Ronny Adolof, Ruang, Sam Ratulangi Organizations: Reuters, Human Development, Getty Locations: Indonesian, North Sulawesi, Manado, Ruang, AFP, Manado . Roads, Tagulandang, Indonesia

☆ Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says
▼ + stars: | 2024-04-30 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesia's President Joko Widodo at the Merdeka Palace in Jakarta on April 30, 2024. The announcement came as CEO Satya Nadella met with Indonesian President Joko Widodo on the same day. "This new generation of AI is reshaping how people live and work everywhere, including in Indonesia," Nadella, chairman and CEO of Microsoft, said in a statement. Microsoft also said it will partner with governments, organizations and communities to provide AI skilling opportunities for 2.5 million people in Association of Southeast Asian Nations member states by 2025. Nadella met with Jokowi in Jakarta on Tuesday to discuss topics including technological and AI breakthroughs that will help Indonesia progress, according to Indonesian news agency Antara.

Persons: Satya Nadella, Joko Widodo, ISMOYO, Nadella Organizations: Getty, Microsoft, Indonesian, Association of Southeast Asian Nations, Jokowi, Antara Locations: Jakarta, AFP, Indonesia, Golden Indonesia

☆ Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts
▼ + stars: | 2024-04-18 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Tim Cook, chief executive officer of Apple Inc., center, arrives at Apple Developer Academy at Binus University in Tangerang, Banten, Indonesia, on Wednesday, April 17, 2024. Apple's Tim Cook is in Singapore for the latest leg of his whirlwind tour around Southeast Asia as the CEO pivots toward the region for expansion and sales growth amid struggles in China. Cook's arrival in the city follows Apple's announcement of plans to invest over $250 million into its operations in Singapore. While the tech giant already employs 3,600 people in the country, Apple said the expansion will provide space for new roles, including in artificial intelligence. Apple did not immediately respond to a CNBC request for comment about Cook's itinerary.

Persons: Tim Cook, Apple's Tim Cook, Cook, Cook's, Lawrence Wong, Lee Hsien Loong, Lee, Wong, Apple, Joko Widodo Organizations: Apple Inc, Apple Developer Academy, Binus University, Bloomberg, Apple, CNBC Locations: Tangerang, Banten, Indonesia, Singapore, Southeast Asia, China, state's, Cupertino , California, Vietnam

☆ Apple keeps looking for new places to make its stuff that aren't China
▼ + stars: | 2024-04-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Tim Cook discussed manufacturing in Indonesia with president Joko Widodo, Reuters reported. Such a move would help Apple reduce its reliance on manufacturing in China. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementApple has put Indonesia in the frame as it looks to reduce its reliance on manufacturing in China. After meeting president Joko Widodo in Jakarta on Tuesday, CEO Tim Cook said the iPhone maker will "look at" Indonesia, Reuters reported.

Persons: Tim Cook, Joko Widodo, —, Cook Organizations: Reuters, Apple, Service Locations: Indonesia, China, Vietnam, Jakarta

☆ Apple will 'look at' manufacturing in Indonesia, CEO Cook says, as China diversification push continues
▼ + stars: | 2024-04-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Apple CEO Tim Cook gestures as he arrives for a meeting with Indonesia's President Joko Widodo at the Merdeka Palace in Jakarta on April 17, 2024. Apple CEO Tim Cook said the company will "look at" manufacturing in Indonesia, following a meeting with the country's President Joko Widodo, at a time when the iPhone giant continues to diversify its supply chain away from China. "We talked about the president's desire to see manufacturing in the country and it's something that we will look at," Cook told reporters after the meeting. "I think the investment ability in Indonesia is endless. Over the past three years, Apple has been accelerating its push to diversify its manufacturing base beyond China after the Covid-19 pandemic exposed the Cupertino giant's reliance on the world's second-largest economy.

Persons: Tim Cook, Joko Widodo, Cook Organizations: Apple Locations: Jakarta, Indonesia, China, Cupertino

☆ Indonesia's next president Prabowo made big promises on the campaign trail. Can he deliver?
▼ + stars: | 2024-02-23 | by ( Joseph Rachman | ) www.cnbc.com time to read: +3 min

Prabowo Subianto, Indonesia's presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. JAKARTA — Indonesia's Defense Minister Prabowo Subianto is set to become the next president in October after voters handed him a strong mandate at the Feb. 14 election. Under Widodo, Indonesia's gross domestic product has grown steadily at around 5% over the past decade — barring the pandemic years of 2020 to 2021. "Because at the end of the day, the voters will compare the economic policies which have been delivered well by the incumbent president with the next president." On the campaign trail, Prabowo's discussions on economic policy were limited, and mainly focused on promises to continue the Widodo administration's signature downstreaming policy.

Persons: Prabowo, Prabowo Subianto, Gibran Rakabuming Raka, Joko Widodo, who's, Josua Pardede, Peter Mumford, Erick Thorir, CNBC's Martin Soong Organizations: JAKARTA — Indonesia's, General, Commission, Investors, Permata Bank, Eurasia Group, CNBC Locations: Jakarta, Indonesia, JAKARTA, Asia

☆ Prabowo Subianto: Once banned from the US, this fiery ex-army general is poised to lead Indonesia
▼ + stars: | 2024-02-19 | by ( Heather Chen | ) edition.cnn.com time to read: +13 min

“The most important objective of democracy is giving people the leaders and representatives they want,” Prabowo told reporters from his pool. Antara Foto/Galih Pradipta/ReutersMany are excited about a Prabowo presidency, like this hardcore supporter who has clearly taken his support to the extreme. Bagus Saragih/AFP/Getty ImagesMore recently, Prabowo has presented himself as a loyal Jokowi ally, serving as his defense minister for the past five years. Experts say Prabowo, known for his fiery speeches, military background and combative past will make for a very different kind of president. Indonesia has long been one of Australia’s most important bilateral relationships and experts say that will not change with Prabowo in charge.

Persons: Prabowo Subianto, ” Prabowo, Prabowo, Indonesia’s, Partai Probawo, Gibran, “ Prabowo, ”, Zachary Abuza, Abuza, “, Antara, Pradipta, Saragih, Widodo, Barack Obama, Tom Pepinsky, Rodrigo Duterte, Javier Milei, Trump, ” “, Dita Alangkara, Jokowi, Jacqui Baker, Laura Schwartz, Schwartz, Gibran Rakabuming Raka, Adek Berry, Chong Ja Ian, Suharto, –, Dan Slater, Prabowo “, ” Slater, Chaideer Mahyuddin, Chong, Juni Kriswanto, Usman Hamid, Papuans, Veronica Koman, ” Koman Organizations: CNN, National War College, Getty, Southeast Asia, Cornell University, “, Center, Research, Senior Southeast, National University of Singapore, Center for Emerging Democracies, University of Michigan, Muda Airforce, Amnesty International Locations: Jakarta, United States, South Jakarta, Washington ,, AFP, Indonesia, Singapore, Ukraine, Russia, China, Australia, Asian, Perth, Asia, Beijing, Washington, “ Washington, Sultan, Muda, Aceh, West Papua, South China, Tentara Nasional Indonesia, Southeast Asia, “, Papua, Amnesty International Indonesia, restive, Indonesian, East Timor

☆ Indonesian President's Son Also Rises, but What Will His Role as New VP Be?
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

Many voters say they were drawn to president-in-waiting Prabowo Subianto's ticket in part because of the ex-commander having Jokowi's eldest son Gibran Rakabuming Raka as his running mate. That puts Gibran on track to be the youngest vice president in Indonesia's history. Gibran's path to the vice presidency has also raised questions about how prepared he is to step up to the national stage, even if the vice presidency is a position with limited power and influence. Past vice presidents have typically tended to play a low-key role, unless given a specific mandate by the president. Jokowi has repeatedly denied he was involved in Gibran's decision to run for mayor, and then for the vice presidency.

Persons: Ananda Teresia, Kate Lamb JAKARTA, Joko Widodo, Prabowo, Gibran Rakabuming Raka, Gibran, Jokowi, Kevin O'Rourke, Gibran's, Suharto, Kanupriya Kapoor, Kay Johnson, Raju Gopalakrishnan Locations: Jakarta, Singapore, Australia, Indonesia

As Prabowo Subianto looks set to succeed Joko Widodo as President, economic growth remains resilient and inflation has stayed low over the past year. But external risks, including Russia's war on Ukraine, continue to cloud the horizon. The World Bank warned in January that global growth will slow for the third consecutive year, to 2.4% in 2024, when the global economy may record the slowest half-decade of GDP growth in 30 years. The government remains hopeful of hitting its 5.2% target in 2024, said Coordinating Minister for Economic Affairs Airlangga Hartarto in early February, acknowledging the risks posed by global economic turmoil, such as the Ukraine-Russia conflict. Regional leadershipTo reach developed country status, a nation typically requires sustained annual economic growth of 7% for 15 consecutive years.

Persons: Prabowo, Joko Widodo, Krisna Gupta, Widodo, Economic Affairs Airlangga Hartarto, Sri Mulyani, Radityo Dharmaputra, Indonesia's Organizations: World Bank, State of, Global, Center, Indonesian, Center for Indonesian, Studies, Bank, Economic Affairs, for Economic Co, OECD, Universitas Airlangga, Ukraine, Insider Studios, Foreign, Commonwealth & Development Office Locations: Indonesia, Ukraine, State, Russia, Jakarta, Southeast Asia, Crimea, Subianto

☆ Analyst says Prabowo is likely to continue Jokowi's policies
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst: Prabowo likely to continue Jokowi's policies, though many regard promise as 'lip service'Siwage Dharma Negara, senior fellow at the ISEAS-Yusof Ishak Institute, discusses the Indonesian presumptive president-elect's promise that he will continue President Joko Widodo's programs and policies.

Persons: Joko Organizations: Dharma Negara, Yusof, Institute

☆ Which Version of an Ex-General Did Indonesia Just Vote For?
▼ + stars: | 2024-02-15 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

A loyal acolyte of a popular president with few achievements of his own. Prabowo Subianto has been called all of these over the years he has sought power in Indonesia. Unofficial tallies from Wednesday’s election show him winning a decisive victory, with nearly 60 percent of the vote. During the campaign, Mr. Prabowo repeatedly promised that he would continue on the path and policies charted by Joko Widodo, the popular departing president. But it remains unclear what kind of leader Mr. Prabowo, 72, will be.

Persons: apparatchik, Prabowo Subianto, Prabowo, Joko Widodo, Joko, Probowo, Gibran Rakabuming Raka, Prabowo’s, Mr Locations: Indonesia

☆ CNBC Daily Open: Lingering inflation problem
▼ + stars: | 2024-02-14 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets declineAsia markets largely fell on Wednesday tracking Wall Street's sell-off overnight after U.S. inflation data came in hotter-than-expected in January. Sony tops estimatesSony 's quarterly revenue topped estimates, getting a boost from its PlayStation gaming business and financial services unit. [PRO] Japan's bull caseJapan is fast emerging on investors' radar, and this has been reflected in the stock market's recent bull run.

Persons: Russell, Joko Widodo, Prabowo Subianto, Cryptocurrencies, Bitcoin, Jurrien, Morgan Stanley Organizations: CNBC, Dow, Nasdaq, Sony, PlayStation, Defense, Metrics, Fidelity Investments Locations: Asia, U.S, Indonesia, Japan

☆ Indonesia's Defense Minister Prabowo leads in early unofficial presidential vote count
▼ + stars: | 2024-02-14 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Indonesia's presidential candidate Prabowo Subianto gestures after he cast his ballot to vote in the country's presidential and legislative elections at a polling station in Bogor on February 14, 2024. Indonesians began voting for a new president on February 14 with Defence Minister Prabowo Subianto the frontrunner to lead Southeast Asia's biggest economy despite concerns over his human rights record. Indonesia's Defense Minister Prabowo Subianto, a former army general, appears to have an early unofficial lead in the race to become country's next president, "quick counts" show after voting in the world's third-largest democracy closed on Wednesday. Prabowo appears to have won a simple majority of ballots cast in Wednesday's elections, with some early independent snap counts putting his percentage of the popular vote at nearly 60% — substantively more than what pre-election opinion polls yielded. "It's too early to conclude anything … so we have to wait," Baswedan told CNBC after the early snap counts suggested he was trailing Prabowo.

Persons: Prabowo Subianto, country's, Prabowo, Anies Baswedan, Pranowo, Suharto, Joko Widodo, It's, Baswedan, CNBC's Martin Soong Organizations: Defence, Indonesia's, Former Jakarta, Central Java, Indikator, CNBC Locations: Bogor, Central, Indonesia

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