Goldman Downgrades Indonesian Assets Amid Fiscal Risks
Goldman Sachs Group Inc. is downgrading Indonesian assets, citing rising fiscal risks from a series of initiatives by President Prabowo Subianto.
Indonesia’s nickel strategy proved to be a ‘great success’—but overcapacity and tech shifts could challenge Jakarta’s ‘downstreaming’ hopes
Indonesia exported just under $8 billion worth of nickel and its derivatives last year, 10 times more than what it exported ...
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Prabowo slams ‘Dark Indonesia’ protests, predicts country's bright future as he defends ‘fat’ Cabinet
President Prabowo Subianto cited 2022 predictions by global investment firm Goldman Sachs that Indonesia would be the world’s ...