Author: Amanda Lee

S&P raised its baseline projection for Asia’s 2026 gross domestic product growth to 4.6%, but noted that projections for strong growth this year and next don’t mask the challenges.

The agreement comes as persistent geopolitical shocks and tariffs underscore the need to look for new trade partners.

State-owned Danantara Sumberdaya Indonesia’s role is to monitor the resources market and maintain the flow of exports, not to take ownership of goods, CEO Luke Mahony said.