<p>THE world must be watching developments in Indonesia with growing concern, particularly those living in this region. Indonesia is, after all, Southeast Asia’s most populous country and largest economy, a G20 member and a founding member of Asean.
Key takeaways
Indonesia faces multiple challenges including economic instability, protests, and forest fires, impacting Southeast Asia.
- Indonesia's economy is struggling with a weakened rupiah and investor withdrawals.
- Students protest rising living costs and other issues.
- Forest fires in Kalimantan and Sumatra cause health and livelihood problems.
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THE world must be watching developments in Indonesia with growing concern, particularly those living in this region. Indonesia is, after all, Southeast Asia's most populous country and largest economy, a G20 member and a founding member of Asean.
The world is already grappling with numerous challenges, and every country must deal with them as best it can.
Unfortunately, President Prabowo Subianto's government is also facing a series of domestic challenges emerging almost simultaneously.
The rupiah has weakened to a record low against the US dollar, falling beyond the levels reached during the Asian financial crisis of 1997-98.
