Investors’ Confidence Retreats on a Long Way Down

Indonesia’s financial markets are caught in a prolonged downturn, with investor confidence steadily eroding.

Yopie Hidayat

March 24, 2025

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IT is no secret that Indonesia’s President Prabowo Subianto has little time for the stock market. He has likened it to a gambling arena, where minor players are destined to lose against the heavyweights. But if Prabowo disdains the market, the feeling appears increasingly mutual.

Following the commencement of Prabowo’s presidential term in October of the previous year, investor confidence has declined significantly. The Jakarta

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