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 ...