🌍On MoneyFM 89.3 veteran Indonesia watcher Richard Borsuk joins Saturday Mornings Show host Glenn van Zutphen to decode the market jitters shaking Southeast Asia’s largest economy.

Indonesia isn’t in crisis but the warning lights are flashing brigthly. The rupiah is sliding, foreign investors are pulling back, and Jakarta’s once‑rock‑solid macro credibility is wobbling.

Two big shifts are spooking markets:
• Fiscal drift — ballooning subsidies, off‑budget spending, and unpredictable commodity controls.
• Institutional drift — amendments expanding Bank Indonesia’s mandate and raising doubts about its independence.

For two decades, Indonesia’s superpower wasn’t growth — it was credibility. A disciplined central bank. Predictable policy. Investor trust. That foundation is now under pressure. We break down the risks, the politics, and why Singapore and the region should be paying close attention.

🌍On MoneyFM 89.3 veteran Indonesia watcher&nbsp;<a href="https://rsis.edu.sg/profile/richard-borsuk/">Richard Borsuk</a> joins <a href="https://www.moneyfm893.sg/shows/glenn-van-zutphen-on-saturday-mornings/">Saturday Mornings Show&nbsp;</a><a href="https://WWW.VANMEDIAGROUP.COM">host Glenn van Zutphen</a>&nbsp;to decode the market jitters shaking Southeast Asia&rsquo;s largest economy.
Indonesia isn&rsquo;t in crisis but the warning lights are flashing brigthly. The rupiah is sliding, foreign investors are pulling back, and Jakarta&rsquo;s once‑rock‑solid macro credibility is wobbling.
Two big shifts are spooking markets: &bull; Fiscal drift &mdash; ballooning subsidies, off‑budget spending, and unpredictable commodity controls. &bull; Institutional drift &mdash; amendments expanding Bank Indonesia&rsquo;s mandate and raising doubts about its independence.
For two decades, Indonesia&rsquo;s superpower wasn&rsquo;t growth &mdash; it was credibility. A disciplined central bank. Predictable policy. Investor trust. That foundation is now under pressure. We break down the risks, the politics, and why Singapore and the region should be paying close attention.

Start your weekend right with Glenn van Zutphen and an interesting mix of guests. Weekly news commentary with international journalists, and tidbits on Singapore's most interesting places with award-winning author Neil Humphreys.

Start your weekend right with Saturday Mornings for sharp commentary on the stories that matter — without losing the lighter side of the weekend. Informative, conversational, and always relevant — Saturday Mornings with Glenn van Zutphen, only on MONEY FM 89.3.

Start your weekend right with Saturday Mornings for sharp commentary on the stories that matter &mdash; without losing the lighter side of the weekend. Informative, conversational, and always relevant &mdash; Saturday Mornings with Glenn van Zutphen, only on MONEY FM 89.3.