Economy and Business

Weighing The Economist’s Coverage of Indonesia and the Prabowo Administration

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In weighing The Economist’s reporting on Indonesia and President Prabowo’s administration, we attempt a fair and balanced analysis of the statements and responses involved. On May 14, 2026, The Economist simultaneously published two major articles, both focusing on Indonesia and President Prabowo Subianto. The two pieces were titled “Indonesia’s President Is Jeopardising the Economy and […]

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Haji Isam: Indonesian Oligarch Who Built a Rp101 Trillion Empire — Business, Cabinet Influence, and Indonesia’s Most Explosive Stock Phenomenon

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 JAKARTA — In the lexicon of Indonesian power, few names carry as much weight — or as much controversy — as Andi Syamsuddin Arsyad. Better known as Haji Isam, this 48-year-old tycoon from the forests of South Kalimantan has become the defining face of a new Indonesian oligarchy: a class of businessmen who have turned

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Tourism Investment in Indonesia: Indonesia’s $13 Billion Invitation to Global Investors

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Indonesia is rolling out the red carpet for foreign capital with a mix of tax holidays, simplified licensing, and a digital-first strategy. Tourism investment in Indonesia is one of the most compelling tourism stories for 2026 and beyond. ​Indonesia is no longer just counting tourists; it’s counting on quality. As the nation eyes an ambitious

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The Nickel Nexus: Chinese Conglomerates and the Local Tycoons in Indonesia

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The ambitious $35 billion (approx. Rp500 trillion) investment by Chinese battery titan CATL in Indonesia’s nickel downstreaming sector has transitioned from blueprint to breakthrough. As of 2026, the project—driven by Robin Zeng’s global dominance and Indonesia’s strategic positioning—stands as a cornerstone of the nation’s “Green Energy” roadmap.​ The Strategic Foothold: From Karawang to Halmahera​ Under

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