JAKARTA: New import restrictions are roiling supply chains and causing concern among companies including foreign investors in the automotive and electronic industries, who are warning of stockouts and temporary production stoppages.
Defence Minister Prabowo Subianto’s ascension to the presidency could see Asean’s largest member reclaim a leading role in the regional bloc after the Joko Widodo years, during which foreign policy was low on the list of priorities, observers say.
(Bloomberg) Joko Widodo, who rose to become Indonesia’s president in 2014 as a political outsider, is positioning himself to become a power broker in the world’s fourth-most populous nation potentially for decades to come.Most Read from BloombergThese Are World’s Most Expensive Cities for High-Class LivingHedging Failure Exposes Private Equity to Interest-Rate SurgeAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpForty Hours of Oxygen Left for Titanic Vessel That’s MissingSingapore’s G