Protests over a Rp 50M housing allowance for Members of Parliament spiralled into unrest across 32 provinces in Indonesia, resulting in roughly a dozen deaths and rattled markets.<br />The Jakarta index dropped 2%, the rupiah slid, and investor confidence wavered.<br /><br />What happens next matters for Malaysia’s cross-border trade, investment flows, and ASEAN stability.<br /><br />Join NIAGA Spotlight as we unpack how politics, populism, and markets collide—with insights from Yohanes Sulaiman, Associate Professor, Universitas Jenderal Achmad Yani (UNJANI), Cimahi, Indonesia and Non-resident Fellow, National Bureau of Asian Research, Seattle, Washington, USA.<br /><br />
