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Prabowo’s biggest crackdown on tycoons shocked his own officials

Faris Mokhtar· ·1 min read · 0 reactions · 0 comments · 16 views
 Prabowo’s biggest crackdown on tycoons shocked his own officials

A surprise move by President Prabowo Subianto to centralize Indonesia's commodity exports has rattled markets and intensified investor concerns over state intervention.

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Japan Times · Faris Mokhtar
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Opening excerpt (first ~120 words) tap to expand

Indonesian President Prabowo Subianto (right) delivers a speech on the macroeconomic framework to lawmakers as Vice President Gibran Rakabuming Raka looks on at the Parliament building in Jakarta on Wednesday. | AFP-JIJI

Excerpt limited to ~120 words for fair-use compliance. The full article is at Japan Times.

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