https://www.scmp.com/rss/523305/feed The latest news and top stories on Sri Mulyani Indrawati, the Finance Minister of Indonesia. She has served multiple terms in this role and previously as Managing Director and Chief Operating Officer of the World Bank. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Nicholas Spiro Nicholas Spiro In the United States, monetary policy is caught between a rock and a hard place. Cracks in the country’s resilient labour market have become more pronounced in the past months, exacerbated by US President Donald Trump’s attacks on immigration. On October 14, US Federal Reserve Chairman Jerome Powell said “the downside risks to employment have risen”, signalling a further reduction in interest rates later this month. On the other hand, inflation has remained above the Fed’s 2 per cent target amid... https://www.scmp.com/opinion/asia-opinion/article/3329195/why-cooling-inflation-no-silver-bullet-asias-economic-concerns?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3329195/why-cooling-inflation-no-silver-bullet-asias-economic-concerns?utm_source=rss_feed Thu, 16 Oct 2025 08:30:10 +0000 Bloomberg Bloomberg Indonesia’s new finance minister wants to immediately flood the economy with roughly US$12 billion in cash to jump-start lending, proving his commitment to President Prabowo Subianto’s growth agenda barely three days into the job. The government would transfer half of the 400 trillion rupiah in cash reserves that it held with the central bank to state-owned lenders, Finance Minister Purbaya Yudhi Sadewa told lawmakers in a hearing on Wednesday. He added on Thursday that the cash injection would... https://www.scmp.com/news/asia/southeast-asia/article/3325221/indonesias-new-finance-chief-plans-us12-billion-boost-jump-start-lending?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/3325221/indonesias-new-finance-chief-plans-us12-billion-boost-jump-start-lending?utm_source=rss_feed Thu, 11 Sep 2025 11:35:08 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma Nepal’s prime minister resigned and Indonesia’s president reshuffled his cabinet after social media fanned fatal protests in two of China’s Belt and Road Initiative (BRI) partners. K.P. Sharma Oli stepped down in Nepal on Tuesday after 19 people died in violent protests triggered by a social media ban and political corruption. A day earlier, Indonesian President Prabowo Subianto ditched finance minister Sri Mulyani Indrawati and other cabinet members after eight people were killed in protests... https://www.scmp.com/plus/article/3325179/fatal-protests-upend-china-hopes-stability-asia?utm_source=rss_feed https://www.scmp.com/plus/article/3325179/fatal-protests-upend-china-hopes-stability-asia?utm_source=rss_feed Thu, 11 Sep 2025 09:00:18 +0000 Resty Woro Yuniar Resty Woro Yuniar Indonesian President Prabowo Subianto’s cabinet reshuffle is a “tactical” step to restore public trust in the government, according to analysts, but they argue it will not be enough to quell the unrest among protesters if it does not lead to more systemic reform. The shake-up on Monday saw the departure of high-profile officials such as Finance Minister Sri Mulyani Indrawati and Coordinating Minister for Political, Legal and Security Affairs Budi Gunawan, alongside the creation of a stand-alone... https://www.scmp.com/week-asia/politics/article/3324934/can-indonesias-cabinet-reshuffle-restore-public-trust-and-calm-protesters?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3324934/can-indonesias-cabinet-reshuffle-restore-public-trust-and-calm-protesters?utm_source=rss_feed Tue, 09 Sep 2025 13:30:53 +0000 Anand Mathai,Bloomberg Anand Mathai,Bloomberg Indonesian President Prabowo Subianto removed Finance Minister Sri Mulyani Indrawati from her post, risking renewed financial turmoil for Southeast Asia’s biggest economy following days of violent protests against his administration. Purbaya Yudhi Sadewa, who has served as chairman of the Deposit Insurance Corporation since 2020, was sworn in as the new finance minister by Prabowo late on Monday. Rumours that Prabowo could replace Sri Mulyani led the benchmark stock index to pare early gains to... https://www.scmp.com/week-asia/people/article/3324759/indonesia-removes-finance-minister-sri-mulyani-after-protests?utm_source=rss_feed https://www.scmp.com/week-asia/people/article/3324759/indonesia-removes-finance-minister-sri-mulyani-after-protests?utm_source=rss_feed Mon, 08 Sep 2025 09:51:29 +0000 Joseph Sipalan Joseph Sipalan Indonesia and Malaysia have agreed to work together to counter negative campaigns against their vital palm oil exports and bolster protection for migrant labour, as the Southeast Asian neighbours brace themselves for slowing growth under looming US tariffs. Southeast Asia’s export-reliant economies have launched multipronged attempts at boosting trade with existing and new partners, as they scramble to secure trade deals with Washington in a bid to soften the blow from punishing tariffs... https://www.scmp.com/week-asia/economics/article/3320045/malaysia-indonesia-unite-protect-palm-oil-industry-migrant-workers?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3320045/malaysia-indonesia-unite-protect-palm-oil-industry-migrant-workers?utm_source=rss_feed Tue, 29 Jul 2025 14:26:16 +0000