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Families of Indonesia’s Finance Ministers Reunite at Newly Inaugurated Library Soemitro Djojohadikusumo Library Opens to Preserve Indonesia’s Fiscal Legacy Ismeth Wibowo Grandson of Djuanda, Attends Inauguration of Soemitro Djojohadikusumo Library at Finance Ministry A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny
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Families of Indonesia’s Finance Ministers Reunite at Newly Inaugurated Library

IndonesianTalk.com — Families of Indonesia’s Finance Ministers Reunite at Newly Inaugurated Library The inauguration of the Soemitro Djojohadikusumo Library at the Ministry of Finance on Friday, October 30, 2026, brought together not only prominent figures from Indonesia’s financial and public sectors but also members of the families of former finance ministers, turning the historic occasion into a nostalgic reunion across generations. Finance Minister Prof. Suahasil Nazara officially inaugurated the library, located in the AA Maramis Building at the Ministry of Finance complex on Lapangan Banteng Timur, Central Jakarta. The institution is intended to preserve the intellectual legacy, ideas and contributions of the country’s finance ministers throughout Indonesia’s history. Among those attending was Bank Indonesia Deputy Governor Thomas Djiwandono, a grandson of Soemitro Djojohadikusumo, who served as finance minister during the Wilopo Cabinet from 1952 to 1953 and the Burhanuddin Harahap Cabinet from 1955 to 1956. Thomas is also a grandson of…

Soemitro Djojohadikusumo Library Opens to Preserve Indonesia’s Fiscal Legacy
Ismeth Wibowo Grandson of Djuanda, Attends Inauguration of Soemitro Djojohadikusumo Library at Finance Ministry

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Families of Indonesia’s Finance Ministers Reunite at Newly Inaugurated Library
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Families of Indonesia’s Finance Ministers Reunite at Newly Inaugurated Library

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IndonesianTalk.com — Families of Indonesia’s Finance Ministers Reunite at Newly Inaugurated Library The inauguration of the Soemitro Djojohadikusumo Library at the Ministry of Finance on Friday, October 30, 2026, brought together not only prominent figures from Indonesia’s financial and public sectors but also members of the families of former finance ministers, turning the historic occasion into a nostalgic reunion across generations. Finance Minister Prof. Suahasil Nazara officially inaugurated the library, located in the AA Maramis Building at the Ministry of Finance complex on Lapangan Banteng Timur, Central Jakarta. The institution is intended to preserve the intellectual legacy, ideas and contributions of the country’s finance ministers throughout Indonesia’s history. Among those attending was Bank Indonesia Deputy Governor Thomas Djiwandono, a grandson of Soemitro Djojohadikusumo, who served as finance minister during the Wilopo Cabinet from 1952 to 1953 and the Burhanuddin Harahap Cabinet from 1955 to 1956. Thomas is also a grandson of…

Soemitro Djojohadikusumo Library Opens to Preserve Indonesia’s Fiscal Legacy
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Soemitro Djojohadikusumo Library Opens to Preserve Indonesia’s Fiscal Legacy

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IndonesianTalk.com — Soemitro Djojohadikusumo Library Opens to Preserve Indonesia’s Fiscal Legacy The library, inaugurated by Finance Minister Suahasil Nazara, seeks to preserve the intellectual heritage of Indonesia’s former finance ministers and strengthen institutional memory amid evolving economic challenges. Finance Minister Suahasil Nazara inaugurated the Soemitro Djojohadikusumo Library at the Finance Ministry’s AA Maramis Building in Central Jakarta on Friday, marking an effort to preserve the intellectual legacy of figures who helped shape Indonesia’s economic and financial institutions. The inauguration brought together senior government officials, Finance Ministry leaders and descendants of former finance ministers, highlighting the importance of maintaining institutional memory across generations. Among those attending were Deputy Finance Ministers Juda Agung, Luky Alfirman and Nurkholisoh Ibnu Aman, as well as Bank Indonesia Deputy Governor Thomas Djiwandono, a grandson of the late economist Soemitro Djojohadikusumo and a nephew of President Prabowo Subianto. Also present were Presidential Advisory Council Deputy Chair Hatta Rajasa,…

Ismeth Wibowo Grandson of Djuanda, Attends Inauguration of Soemitro Djojohadikusumo Library at Finance Ministry
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Ismeth Wibowo Grandson of Djuanda, Attends Inauguration of Soemitro Djojohadikusumo Library at Finance Ministry

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IndonesianTalk.com — Soemitro Djojohadikusumo Library Opens to Preserve Indonesia’s Financial Legacy Ismeth Wibowo, grandson of the late Indonesian statesman Ir. H. Djuanda Kartawidjaja, attended the inauguration of the Soemitro Djojohadikusumo Library at the Ministry of Finance’s AA Maramis Building in Central Jakarta on Friday, Oct. 30, 2026. Finance Minister Suahasil Nazara led the inauguration ceremony, which brought together senior government officials, financial sector representatives and family members of several of Indonesia’s former finance ministers. The library, housed in the recently renovated AA Maramis Building in the Lapangan Banteng area, is intended to preserve the intellectual legacy of the country’s finance ministers and strengthen the ministry’s institutional memory. For Ismeth, the initiative goes beyond collecting books and historical documents. It offers an opportunity to ensure that the ideas, experiences and public service values of previous generations remain accessible to future policymakers and the wider public. “The library not only brings together the…

A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi
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A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi

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RESETTING INDONESIA’S CAPITAL MARKET From Market Intervention to Independent Verification A Policy Brief recommendation Following MSCI’s October 2026 Assessment By Laksamana Sukardi A Crisis of Confidence, Not Merely a Market Correction Indonesia’s capital market is confronting a crisis that cannot be resolved simply by restoring share prices. The sharp decline in the Jakarta Composite Index, mounting foreign selling pressure, and MSCI’s October 2026 consultation concerning Indonesia’s market classification have exposed a problem far more fundamental than short-term market volatility. The issue is no longer simply whether Indonesian equities are attractively valued. It is whether international investors can trust the information, ownership structures, price formation, and trading mechanisms underlying those valuations. Some have responded to the market decline with political rhetoric, criticism of MSCI, or calls for investors to purchase shares because prices have become cheaper. Such responses risk misunderstanding the nature of the problem. * A falling share price does not…

Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny
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Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny

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IndonesianTalk.com — Indonesia’s Maritime Amnesia: Reclaiming an Archipelagic Nation’s Strategic Destiny Why Indonesia must move beyond raw commodity extraction and build maritime sovereignty through technology, education and sustainable ocean industries. By Dr. Yehu Wangsajaya Indonesia is an archipelagic nation whose greatest strategic asset may also be its most neglected: the sea. For centuries, maritime power shaped the fortunes of the Sriwijaya and Majapahit kingdoms, as well as the sultanates of Gowa-Tallo and Ternate-Tidore. Their influence rested on their ability to navigate trade routes, connect distant communities and harness the economic and political potential of the waters surrounding the archipelago. Yet modern Indonesia faces a paradox. Despite its extraordinary maritime geography, the country has not fully translated its ocean wealth into industrial strength, technological leadership or lasting prosperity for coastal communities. This condition can be described as maritime geopolitical amnesia: a gradual loss of awareness of the sea as a foundation of…

PROPAMI: MSCI Proposal Is Not a Final Verdict on Indonesia’s Capital Market, Reform Must Remain the Focus
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PROPAMI: MSCI Proposal Is Not a Final Verdict on Indonesia’s Capital Market, Reform Must Remain the Focus

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IndonesianTalk.com – The Indonesian Capital Market Professionals Association (PROPAMI) has urged market participants to respond to the turmoil that followed Morgan Stanley Capital International’s (MSCI) proposed change to Indonesia’s market classification in a proportionate, fact-based manner. The proposal triggered sharp selling in the Jakarta Composite Index (JCI). (18/10/26) PROPAMI acknowledged that the JCI’s steep fall on 16 October 2026 was a serious event. But the association said the drop does not automatically mean the foundations of the national capital market have lost their investment appeal. “Panic does not resolve structural problems, while ignoring those problems can prolong uncertainty,” PROPAMI said. A Consultation, Not Yet a Decision On 15 October 2026, MSCI launched a consultation on a proposal to reclassify Indonesia from Emerging Market to Standalone Market status, with a final decision to be announced no later than the end of June 2027. Indonesia’s status therefore has not changed automatically. The consultation…

Yusran Hadromi and a Diplomatic Career Measured by Legacy
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Yusran Hadromi and a Diplomatic Career Measured by Legacy

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IndonesianTalk.com — Yusran Hadromi and a Diplomatic Career Measured by Legacy JAKARTA — A diplomat’s career is often measured by the positions he or she has held: secretary, counselor, chargé d’affaires or ambassador. Others are remembered for treaties signed, negotiations concluded or crises successfully navigated. Yusran Hadromi appears to measure his career differently. After three decades in the diplomatic service, the 29 August 1969-born diplomat says what matters most is not necessarily reaching the highest position, but leaving a legacy — through ideas, relationships and initiatives that continue to have an impact after an assignment ends. “More toward legacy and ideas,” is how Yusran describes his approach to his long career. Positions change. Countries of assignment change. Offices are eventually handed over to someone else. What remains, he believes, is the footprint left behind. That footprint does not always come in the form of major diplomatic agreements. Sometimes it is an Indonesian…

Antara CEO Benny Butarbutar Highlights Sustainability Communication Strategy at Universitas Pertamina
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Antara CEO Benny Butarbutar Highlights Sustainability Communication Strategy at Universitas Pertamina

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IndonesianTalk.com — Antara CEO Benny Butarbutar Highlights Sustainability Communication Strategy at Universitas Pertamina Sustainability communication can no longer be treated merely as a corporate publicity exercise or an administrative requirement. As digital technology accelerates the flow of information, communication has become increasingly important in building trust, engaging stakeholders and turning sustainability commitments into concrete action. That was the central message delivered by Perum Lembaga Kantor Berita Nasional (LKBN) Antara president director Benny Siga Butarbutar during a guest lecture at the Master of Science in Sustainability (MSU) Batch 3 program at Universitas Pertamina (UPER) on Saturday, Sept. 26, 2026. Speaking on the theme “Designing Sustainability Communication & Stakeholder Engagement,” Benny shared his perspectives and professional experience on corporate communication, stakeholder engagement and crisis management amid an increasingly complex business environment. Beyond simply delivering information Benny began the session by engaging directly with students through questions and discussions, creating an interactive atmosphere throughout…

PROPAMI and IDX Sign Partnership to Expand Financial Literacy Across Indonesia
Ekonomi  

PROPAMI and IDX Sign Partnership to Expand Financial Literacy Across Indonesia

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IndonesianTalk.com — Indonesia’s capital market is entering a phase in which market expansion is increasingly tied not only to investment activity, but also to policy coordination, professional competence and broader financial literacy. That message emerged from the National Seminar for Capital Market Professionals organized by the Indonesian Capital Market Professionals Association (PROPAMI) in Bandung on Saturday, alongside the organization’s 2026 Annual Members Meeting (RUAT). Carrying the theme “The Future of Indonesia’s Capital Market: Synergy Between Policy, Industry, and the Profession for Sustainable Growth,” the forum brought together representatives from the capital market industry, regulators, legislators, business institutions and academia. The discussions placed particular emphasis on the importance of stronger coordination across the capital market ecosystem as Indonesia seeks to expand participation while improving public understanding of investment and financial products. Held at the Ballroom Suagi, The Papadanyan Hotel, Bandung, the event also marked a new cooperation framework between PROPAMI and the Indonesia…

ANTARA Strengthens Global News Agency Role During Week in Moscow
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ANTARA Strengthens Global News Agency Role During Week in Moscow

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IndonesianTalk.com — ANTARA Strengthens Global News Agency Role During Week in Moscow MOSCOW — A week-long working visit to Moscow from Sept. 16 to 23 saw Perum Lembaga Kantor Berita Nasional (LKBN) ANTARA expand its international media network while strengthening its role as Indonesia’s national news agency on the global stage. ANTARA president director Benny Siga Butarbutar’s visit included an exclusive interview with the Indonesian Ambassador to Russia, meetings with several international media organizations and participation as a speaker at the “Plenary Session Dedicated to the 65th Anniversary of OANA.” The series of engagements underscored the growing importance of cooperation among news agencies at a time when the global media industry is undergoing rapid technological and structural changes. During the visit, ANTARA engaged with three major Russian media organizations — RT (Russia Today), Sputnik and TASS — to explore opportunities for cooperation and news exchange. ANTARA and Sputnik signed a news…

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