Prabowo’s Biggest Crackdown on Tycoons Shocked His Own Officials

In early May, President Prabowo Subianto summoned a handful of his most trusted advisers to his house in south Jakarta to discuss how to find more revenue as surging oil...

By Faris Mokhtar, Eddie Spence, Harry Suhartono · Bloomberg Markets

In early May, President Prabowo Subianto summoned a handful of his most trusted advisers to his house in south Jakarta to discuss how to find more revenue as surging oil prices stretched Indonesia’s finances.