Grace Olivia Sihombing

Macroeconomy reporter based in Jakarta, with @business. Tweets and all are personal.

[Bloomberg @business]

S&P Global Ratings maintained its stable outlook on Indonesia and affirmed its long-term foreign-currency issuer rating at BBB https://t.co/yfWrwIC6ul

[Bloomberg @business]

Rows of gold bars, stacks of US and Singapore dollars and seven suitcases found inside a locked safe have become the defining images of one of the biggest scandals to hit Indonesia’s law-enforcement establishment in years https://t.co/XDuVDh8WUK

[Bloomberg @business]

Prabowo Subianto needs vast pools of capital that the national budget can't provide, writes @andymukherjee70. Creating a tax haven in Bali is the wrong solution (via @opinion) https://t.co/mWdYHm17SO

[Bloomberg @business]

Indonesia is planning sweeping tax incentives for a proposed international financial center, including an effective 0% income tax rate for some businesses and foreign finance experts https://t.co/Iwwxc4HYDU

[Bloomberg @business]

Indonesia is dangling unprecedented legal protections for investors in President Prabowo Subianto’s sovereign wealth fund, a move analysts warn could attract money with questionable origins and further erode the reputation of Southeast Asia’s largest economy. Read more: https://t.co/x0UMGQ8e4a

📷️: Dimas Ardian/Bloomberg

[Bloomberg @business]

Fiscal and currency risks have likely passed in Indonesia, according to a Citi analyst who was once lambasted by the country’s finance chief for his forecasts https://t.co/foUEW0uwgj

[Bloomberg @business]

Indonesia has swung from an emerging-market darling to a global laggard, with insiders blaming the president and his inner circle for erratic and poorly communicated policies. Read more: https://t.co/kwD7XVZsip

📷️: Dimas Ardian/Bloomberg

[Grace Olivia Sihombing @gsihombing__]

Not sure where to begin to wrap up this past week (or weeks? months, years??!), but here we discuss the latest on Indonesia's markets. Free to listen: https://t.co/OjOHKUwEmV

[Bloomberg @business]

Indonesia’s bond selloff resumed on Thursday after a surprise interest-rate hike earlier this week provided only temporary relief, with investors once again focusing on the broader economic concerns that have fueled a market rout https://t.co/DXupBqiMBQ

[Bloomberg @business]

Indonesia may raise interest rate again to shield the rupiah and curb market volatility, according to analysts https://t.co/mhPtEam12c

[Bloomberg @business]

Emergency rate hikes alone won't restore confidence in Indonesia, say @Moss_Eco @Karishmajourno. Deeper changes are required (via @opinion) https://t.co/o2hg7Hk9rs

[Bloomberg @business]

Indonesia spent much of this week confronting a question that might have seemed unthinkable a few short years ago: what happens when investors stop believing in Southeast Asia’s largest economy? https://t.co/vux9g1QUHg

[Bloomberg @business]

Indonesia has denied rumors of a plan to change the finance minister that circulated among market participants on Thursday https://t.co/XFGNPPhXfZ

[Bloomberg @business]

Global investors are rapidly losing confidence in Indonesia as the nation’s stocks tumble at the fastest pace worldwide and its currency sinks to all-time lows https://t.co/VWHvf16qJY

[Bloomberg @business]

Indonesia has expanded the central bank’s objectives to include the expansion of the “real sector,” further broadening its mandate beyond currency stability and economic growth https://t.co/ifc128XKUx

[Bloomberg @business]

Indonesian prosecutors searched on Wednesday the headquarters of the agency that oversees President Prabowo Subianto’s flagship free meals program https://t.co/9Hc2MXE2y7

[Bloomberg @business]

Economists are increasingly doubting Indonesia’s robust growth narrative under President Prabowo, with the skepticism spilling over into a rare public debate over the reliability of the country’s economic data https://t.co/IRKRMLAw8U

[Bloomberg @business]

Indonesia’s central bank delivers a larger-than-expected interest-rate hike to intensify its defense of the rupiah https://t.co/ZRXDJm4wa1

[Bloomberg @business]

Prabowo appears detached from the anxiety building around him, writes @karishmajourno. The rupiah’s sharp slide is stirring memories of the Asian Financial Crisis (via @opinion) https://t.co/idFY1zTw81

[Bloomberg @business]

It’s a sweeping move reminiscent of the country’s authoritarian past https://t.co/t9DERCTryz