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Indonesian Leader Fires Ministers of Finance and Security After Deadly Protests

The Business Guardian

|

September 09, 2025

Indonesia's president announced a Cabinet reshuffle Monday, replacing key economic and security ministers after deadly protests erupted across the country over lawmakers' perks.

- AGENCIES

The Cabinet shake-up comes as public dissatisfaction rose with President Prabowo Subianto's administration and parliament's perceived insensitivity over economic hardships.

Five ministers lost their jobs, including Finance Minister Sri Mulyani Indrawati, a widely respected technocrat who had served as the executive director of the International Monetary Fund and managing director of the World Bank, and Budi Gunawan, the coordinating minister for politics and security.

Subianto chose economist Purbaya Yudhi Sadewa, chairman of the Deposit Insurance Corporation, to replace Indrawati, 63, one of Indonesia's longest-serving finance ministers.

FLERE HISTORIER FRA The Business Guardian

The Business Guardian

The Business Guardian

Go to nature to feel better

In the fast-paced rhythm of modern life, where stress, anxiety, and restlessness have become constant companions, reconnecting with nature offers a profound source of healing and spiritual rejuvenation.

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2 mins

December 19, 2025

The Business Guardian

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RBI ANNOUNCES RS 30,000 CRORE G-SEC UNDERWRITING AUCTION

According to the RBI, the Government of India has notified the sale (re-issue) of two Government Securities through an auction scheduled for tomorrow.

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2 mins

December 19, 2025

The Business Guardian

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WHATEVER HAPPENS IS FOR GOOD: EMBRACING LIFE WITH FAITH

Life is a series of experiences joys, sorrows, successes, and setbacks.

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December 19, 2025

The Business Guardian

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Mumbai International Airport sets new record with 1.76 lakh passenger traffic on Nov 29

Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) set new records for passenger traffic in November 2025.

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1 mins

December 19, 2025

The Business Guardian

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CCI takes cognizance of information filed against IndiGo

The Competition Commission of India (CCI) has decided to launch an inquiry into the issue of flight disruptions at IndiGo, taking cognizance of Information filed against the airline.

time to read

2 mins

December 19, 2025

The Business Guardian

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Indian stock market ends on muted note; IT stocks remain key support

Domestic benchmark indices on Thursday ended on a muted note in the volatile trade with Sensex down 77.84 points or 0.09% at 84,481.81, and the Nifty was down 3 points or 0.01% at 25,815.55.

time to read

1 mins

December 19, 2025

The Business Guardian

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THE DEAD CANNOT CONSENT: WHY WE NEED POSTHUMOUS PRIVACY LAWS

A new area of concern has emerged since the 2020 death of actor Sushant Singh Rajput.

time to read

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December 19, 2025

The Business Guardian

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The Power of Words: Shaping reality through speech

Words are not merely sounds we utter; they are powerful vibrations that shape our thoughts, emotions, and reality.

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2 mins

December 19, 2025

The Business Guardian

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Rupee likely to bounce back in second half of next fiscal: SBI Report

The Indian Rupee, which has been under pressure in recent times, is likely to bounce back strongly in the second half of the next financial year, from October 2026 to March 2027, according to a report by the State Bank of India (SBI).

time to read

2 mins

December 19, 2025

The Business Guardian

The Business Guardian

Balaji Mannem Conferred Honorary Degree by California Public University (USA)

Mr.

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1 min

December 19, 2025

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