Indonesia's President Prabowo Subianto (3rd R) and Vice-President Gibran Rakabuming Raka (R) arrive for the swearing-in ceremony of the minister of the new cabinet at the Presidential Palace in Jakarta on October 21, 2024. Newly inaugurated Indonesian President Prabowo Subianto on October 21 swore in his new cabinet, which includes key members of his predecessor's team and suggests he will continue his main policies, analysts said. (Photo by BAY ISMOYO / AFP)
Indonesia's President Prabowo Subianto (3rd R) and Vice-President Gibran Rakabuming Raka (R) arrive for the swearing-in ceremony of the minister of the new cabinet at the Presidential Palace in Jakarta on October 21, 2024. Newly inaugurated Indonesian President Prabowo Subianto on October 21 swore in his new cabinet, which includes key members of his predecessor's team and suggests he will continue his main policies, analysts said. (Photo by BAY ISMOYO / AFP)
Indonesia's President Prabowo Subianto (3rd R) and Vice-President Gibran Rakabuming Raka (R) arrive for the swearing-in ceremony of the minister of the new cabinet at the Presidential Palace in Jakarta on October 21, 2024. Newly inaugurated Indonesian President Prabowo Subianto on October 21 swore in his new cabinet, which includes key members of his predecessor's team and suggests he will continue his main policies, analysts said. (Photo by BAY ISMOYO / AFP)
Indonesia's President Prabowo Subianto (3rd R) and Vice-President Gibran Rakabuming Raka (R) arrive for the swearing-in ceremony of the minister of the new cabinet at the Presidential Palace in Jakart


Prabowo Subianto: Indonesia hasn't had a leader so ready to take a place on the world stage in decades


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October 23, 2024

The US presidential election is understandably commanding enormous attention, but this week marks a significant new chapter in the world’s third-largest democracy and fourth-most populous country, Indonesia, where the presidency of Prabowo Subianto was inaugurated on Sunday. We may soon be hearing rather more of his country.

Mr Prabowo will probably sit comfortably in office. A former special forces general during the 30-year-rule of his then father-in-law, Suharto, Mr Prabowo stood for the vice presidency once and the presidency twice before winning election in January this year. He served as defence minister since 2019 as part of the cabinet of his erstwhile opponent, Joko Widodo, who was considered to have implicitly endorsed his successor during the presidential contest, not least because Mr Joko’s elder son was Mr Prabowo’s running mate.

When I saw him being interviewed on stage in Doha in May, Mr Prabowo already had the air and confidence of a seasoned leader. And it was apt that it should have been in an international setting, for as his new Minister of Cultural Affairs, Fadli Zon, says: “Prabowo will be a foreign policy president and have a hands-on approach in dealing with foreign policy matters.”

Mr Prabowo’s predecessor-but-one, Susilo Bangbang Yudhoyono, made a similar prediction in June, posting on X in Indonesian: “Pak Prabowo, ‘you are on the right track’ and have become a ‘foreign policy president’. Good luck and carry on!” He praised Mr Prabowo’s speech at the Shangri-La Dialogue, Asia’s pre-eminent security conference, as “strong and also beautiful”.

Mr Joko never attended the UN General Assembly, and mostly left diplomacy to his foreign minister, Retno Marsudi. By contrast, Mr Prabowo has visited more than 20 countries since being elected this year, meeting leaders including President Sheikh Mohamed, China’s Xi Jinping, Russia’s Vladimir Putin, France’s Emmanuel Macron and the heads of five governments within the Association of South-East Asian Nations.

  • President Sheikh Mohamed receives Prabowo Subianto, President-elect and Minister of Defence of Indonesia, before a meeting at Al Shati Palace. Photo: Hamad Al Kaabi / UAE Presidential Court
    President Sheikh Mohamed receives Prabowo Subianto, President-elect and Minister of Defence of Indonesia, before a meeting at Al Shati Palace. Photo: Hamad Al Kaabi / UAE Presidential Court
  • Sheikh Mohamed with Mr Prabowo at Al Shati Palace. Photo: Abdulla Al Bedwawi / UAE Presidential Court
    Sheikh Mohamed with Mr Prabowo at Al Shati Palace. Photo: Abdulla Al Bedwawi / UAE Presidential Court
  • Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and Sheikh Mansour bin Zayed, UAE Vice President and Deputy Prime Minister and Chairman of the Presidential Court, attend a meeting with Mr Prabowo at Al Shati Palace. Photo: Abdulla Al Bedwawi / UAE Presidential Court
    Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and Sheikh Mansour bin Zayed, UAE Vice President and Deputy Prime Minister and Chairman of the Presidential Court, attend a meeting with Mr Prabowo at Al Shati Palace. Photo: Abdulla Al Bedwawi / UAE Presidential Court
  • Khaldoon Khalifa Al Mubarak, Abu Dhabi Executive Council Member Chairman of the Executive Affairs Authority and Managing Director Group CEO of Mubadala Investment Company, Mohamed Mubarak Al Mazrouei, UAE Minister of State for Defence Affairs and Suhail bin Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure, attend a meeting with Mr Prabowo at Al Shati Palace. Photo: Abdulla Al Bedwawi / UAE Presidential Court
    Khaldoon Khalifa Al Mubarak, Abu Dhabi Executive Council Member Chairman of the Executive Affairs Authority and Managing Director Group CEO of Mubadala Investment Company, Mohamed Mubarak Al Mazrouei, UAE Minister of State for Defence Affairs and Suhail bin Mohamed Al Mazrouei, UAE Minister of Energy and Infrastructure, attend a meeting with Mr Prabowo at Al Shati Palace. Photo: Abdulla Al Bedwawi / UAE Presidential Court
  • Sheikh Mansour greets Mr Prabowo before a meeting at Al Shati Palace. Photo: Hamad Al Kaabi / UAE Presidential Court
    Sheikh Mansour greets Mr Prabowo before a meeting at Al Shati Palace. Photo: Hamad Al Kaabi / UAE Presidential Court
Maybe it is time for Indonesia to take a more prominent role in international affairs. If so, cometh the hour, cometh the man?

It’s natural that Mr Prabowo feels at ease abroad: for most of his childhood, his family were living overseas, and he speaks French, German, English and Dutch. But wearing the mantle of an international statesman also appears to be second nature to him.

In June last year, he surprised his own government when he put forward a four-point proposal to end the war in Ukraine. He did so, he explained in an interview in January, because “the Global South is suffering disproportionately from the effects of this war even though it has nothing to do with it, and can in no way change what is happening”.

Indonesia, he said, needed “to play a more assertive role in shaping geopolitical events”. Pointing out that his country had been one of the founders of the Non-Aligned Movement in 1961, Mr Prabowo said “advocating in favour of the Global South and developing nations, advocating for a world system that does not favour the developed North at the expense of the Global South, is in the DNA of our foreign policy”.

That may well be true. The change is that with Mr Prabowo, Indonesia may not have had a leader who is so ready to take a place on the world stage since its founding president, Sukarno. Earlier this year, he said: “It is only natural that as Indonesia develops, as it grows, it must assume the new responsibilities that come with its position as an emerging power.”

This, I would argue, is something that should be welcomed. Indonesia has a population of nearly 300 million people, it is the world’s largest Muslim state, it is already the world’s eighth-largest economy in terms of purchasing power parity, and many consider it to be on the cusp of a remarkable economic transformation. It’s a plural, vibrant, multi-ethnic society, with a wealth of culture and a long tradition of moderation.

Maybe it is time for Indonesia to take a more prominent role in international affairs. If so, cometh the hour, cometh the man?

I would say so. For Mr Prabowo’s plan for Ukraine dealt with the reality of what appears to be a terrible, intractable stalemate. He is firm about the need for the Israeli occupation of Palestinian lands to end. He is equally firm that Indonesia wants to continue to have “excellent relations” and maintain “important partnerships” with both China and the US.

The Indonesian flag rises during the handover ceremony of Indonesian President Prabowo Subianto and Defence Minister Sjafrie Sjamsoeddin in Jakarta on Tuesday. AFP
The Indonesian flag rises during the handover ceremony of Indonesian President Prabowo Subianto and Defence Minister Sjafrie Sjamsoeddin in Jakarta on Tuesday. AFP

“What I will not do as president is align Indonesia to one or the other. Indonesia is too big to be aligned to any other country. Indonesia can only be aligned to Indonesia’s best interest,” he said. There are many countries that would like to do and say exactly the same. They will be pleased if Indonesia, as a more assertive middle power under Mr Prabowo, provides them with a lead to follow.

There will be plenty of challenges at home, not least fulfilling Mr Prabowo’s aim of reaching annual growth of 8 per cent. But the self-styled “continuity” candidate has reassured markets by retaining many of his predecessor’s ministers, most notably Sri Mulyani Indrawati, the country’s highly regarded finance minister.

And in reference to the allegations of human rights abuses relating to his time in the military – which organisations such as the BBC never stop claiming “have dogged him for decades” – Mr Prabowo has apologised to two former democracy activists from the late 1990s. He has also appointed one of them, Budiman Sujatmiko, to a key role as head of the Poverty Alleviation Acceleration Agency.

“We have both moved to the middle,” said the one-time fiery radical, Mr Budiman. He also dismissed western sniping at Mr Prabowo. “Developed countries don’t like leaders from developing countries who are brave, firm and strategic.”

I remember meeting Mr Budiman, and the new culture minister, Mr Fadli, in Jakarta 15 years ago. Who would have thought then that their time would come together, with the elevation of Mr Prabowo – who many then considered to be a tempestuous former general – to the presidency?

Perhaps the new leader has been following the saying he is fond of quoting: “A thousand friends are too few, one enemy is too many.” If Mr Prabowo can manage to keep to that, both at home and abroad, many may be glad if the “sleeping giant” of South-East Asia is beginning to awaken.

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David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

PROFILE OF CURE.FIT

Started: July 2016

Founders: Mukesh Bansal and Ankit Nagori

Based: Bangalore, India

Sector: Health & wellness

Size: 500 employees

Investment: $250 million

Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)

Managing the separation process

  • Choose your nursery carefully in the first place
  • Relax – and hopefully your child will follow suit
  • Inform the staff in advance of your child’s likes and dislikes.
  • If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
  • The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
  • Be patient. Your child might love it one day and hate it the next
  • Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.  
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SPECS
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Previous men's records
  • 2:01:39: Eliud Kipchoge (KEN) on 16/9/19 in Berlin
  • 2:02:57: Dennis Kimetto (KEN) on 28/09/2014 in Berlin
  • 2:03:23: Wilson Kipsang (KEN) on 29/09/2013 in Berlin
  • 2:03:38: Patrick Makau (KEN) on 25/09/2011 in Berlin
  • 2:03:59: Haile Gebreselassie (ETH) on 28/09/2008 in Berlin
  • 2:04:26: Haile Gebreselassie (ETH) on 30/09/2007 in Berlin
  • 2:04:55: Paul Tergat (KEN) on 28/09/2003 in Berlin
  • 2:05:38: Khalid Khannouchi (USA) 14/04/2002 in London
  • 2:05:42: Khalid Khannouchi (USA) 24/10/1999 in Chicago
  • 2:06:05: Ronaldo da Costa (BRA) 20/09/1998 in Berlin

First Person
Richard Flanagan
Chatto & Windus 

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Results

1.30pm Handicap (PA) Dh50,000 (Dirt) 1,400m

Winner Al Suhooj, Saif Al Balushi (jockey), Khalifa Al Neyadi (trainer)

2pm Handicap (TB) 68,000 (D) 1,950m

Winner Miracle Maker, Xavier Ziani, Salem bin Ghadayer

2.30pm Maiden (TB) Dh60,000 (D) 1,600m

Winner Mazagran, Tadhg O’Shea, Satish Seemar

3pm Handicap (TB) Dh84,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer

3.30pm Handicap (TB) Dh76,000 (D) 1,400m

Winner Alla Mahlak, Adrie de Vries, Rashed Bouresly

4pm Maiden (TB) Dh60,000 (D) 1,200m

Winner Hurry Up, Royston Ffrench, Salem bin Ghadayer

4.30pm Handicap (TB) Dh68,000 (D) 1,200m

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

T20 WORLD CUP QUALIFIERS

Qualifier A, Muscat

(All matches to be streamed live on icc.tv) 

Fixtures

Friday, February 18: 10am Oman v Nepal, Canada v Philippines; 2pm Ireland v UAE, Germany v Bahrain 

Saturday, February 19: 10am Oman v Canada, Nepal v Philippines; 2pm UAE v Germany, Ireland v Bahrain 

Monday, February 21: 10am Ireland v Germany, UAE v Bahrain; 2pm Nepal v Canada, Oman v Philippines 

Tuesday, February 22: 2pm Semi-finals 

Thursday, February 24: 2pm Final 

UAE squad:Ahmed Raza(captain), Muhammad Waseem, Chirag Suri, Vriitya Aravind, Rohan Mustafa, Kashif Daud, Zahoor Khan, Alishan Sharafu, Raja Akifullah, Karthik Meiyappan, Junaid Siddique, Basil Hameed, Zafar Farid, Mohammed Boota, Mohammed Usman, Rahul Bhatia

Why are asylum seekers being housed in hotels?

The number of asylum applications in the UK has reached a new record high, driven by those illegally entering the country in small boats crossing the English Channel.

A total of 111,084 people applied for asylum in the UK in the year to June 2025, the highest number for any 12-month period since current records began in 2001.

Asylum seekers and their families can be housed in temporary accommodation while their claim is assessed.

The Home Office provides the accommodation, meaning asylum seekers cannot choose where they live.

When there is not enough housing, the Home Office can move people to hotels or large sites like former military bases.

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Updated: October 23, 2024, 3:05 PM