Muhamad Rasul

My article about KF21/IFX program is published in this think tank publication on this blessed Friday, alhamduliLLAH. It is based on credible data and my direct conversations with Mr Heri Yansyah, former Indonesian Aerospace KFX/IFX program manager. factsasia.org/blog/indonesia…

@trisetyarso @steve_hanke The root of the 1998 economic crisis is a liberal policy made by BJ Sumarlin in Pakto 88 in banking sector

@steve_hanke We are so afraid with monopsony reborn. In 1998 monopsony was the root of economical crisis.

My old friend, Pres. Prabowo Subianto of Indonesia wants to exert more control over coal exports. Traders warn that the plan could disrupt contracts, financing, and logistics in the world’s largest seaborne coal market. THE TRADERS ARE RIGHT. FREE TRADE = PROSPERITY.

@steve_hanke Indonesia brave policy is not started from Prabowo, previously we also do the same with our nickel and many critics like this happening as well, but all of them just silence now.

@steve_hanke I think we should listen on both sides to understand more. Here the interview with Pandu Sjahrir, Danantara CIO, explaining to Bloomberg about the matter. youtube.com/watch?v=fuWuLQ…

@business It also create jobs, even within my big family there is some one working in this program

From food safety scares to rising costs, Indonesia's free lunch program is under pressure. Find out why the flagship policy is rattling investors on the Big Take Asia podcast. bloomberg.com/news/articles/…

@Something_value @spectatorindex Data is every where, it is called inflation and Indonesian inflation is pretty manageable at around 2 % based on latest released. Spending is still very strong based on value added tax. Indonesia has already produced a lot inside the country. youtube.com/watch?v=fa_0zX…

@muhamadrasul @spectatorindex Any country with a weakening currency eventually passes the cost to ordinary consumers before elites truly feel it.

🇮🇩 Indonesia's rupiah falls to 17,720 per US Dollar, is now down 9% over the past year.

@Something_value @spectatorindex People just lack of real data and use sentiment instead to asses Indonesia economy. Looking to real data on real economic sector than Indonesia is pretty good. How if we compare the data with other large emerging country like India ? Trade data show real competitiveness

@Something_value @spectatorindex Dude, you comes from India ? I will post your country trade with China in the following post

Membaca kembali berita2 saat Taper Tantrum. Saat itu rupiah melemah dan kekuatiran krisis keuangan terjadi. Indonesia di kategorikan masuk ke dalam fragile five waktu. Namun dg kombinasi pengetatan fiscal, BI menaikkan bunga, dan expenditure switching policy, Indonesia, bersama dg India, keluar dari Fragile Five dalam waktu 7 bulan. Kekuatiran kiris keuangan berhasil diatasi Ini salah satu contoh assesment dari media saat itu “ Indonesians Shrug-off Taper Tantrum thediplomat.com/2014/02/indone… “Fragile-five days long gone as funds pile into India, Indonesia” m.economictimes.com/news/economy/f…

Indonesia suffered a significant disconnect between its trade earnings and its central bank reserves. Massive capital outflows—such as debt servicing and foreign dividend repatriation—offset its export gains.

@steve_hanke While this 2026 latest tax data that actually show another positive things when it comes to income and spending. bloombergtechnoz.com/detail-news/10…

@steve_hanke Source : nielseniq.com/global/en/insi…

To defend the Rupiah, Bank Indonesia raised interest rates by 50 bps. Meanwhile, inflation is 2.4%/yr. Indonesia's money supply is growing at 9.7%/yr. That's within Hanke’s Golden Growth Rate of 8.4%-10.4%/yr, a rate consistent with hitting BI's inflation target of 1.5%-3.5%/yr.

@business Source : nielseniq.com/global/en/insi…

@business AC Nielsen research (2025), this is even when the time where Indonesia narratives are made very negatively by international media like CNA Asia (Singapore), Bloomberg and others just by assessing from their few reporting ( I know that interview should fit with the title right ?)

Indonesia continues to notch one grim milestone after another. The latest: losing its status as Southeast Asia’s largest stock market to Singapore. bloomberg.com/news/articles/…