CNA938 Rewind - Open for Business: Indonesia economic woes – What’s the outlook for Southeast Asia’s largest economy?

For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. The recent sudden rout suggests investor patience is wearing thin. The former general has been causing unease with his populist spending measures, plans to dilute the central bank’s independence and aggressive policies against foreign businesses like Apple. Andrea Heng and Hairianto Diman examine the outlook for Southeast Asia’s largest economy with Luthfi Ridho, Senior Eonomist, Indo Premier Securities