Singapore stocks gained S$670 billion on Indonesia in 2026. Is that why Jakarta is so angry?
Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Indonesia’s tensions with Singapore dominated the local news cycles over the past few weeks, but I think much of the reporting has missed an important aspect of the stand-off. We have read extensively about the haze crisis, or that Indonesia took issue […]
Singapore's stock market experienced a significant decline in 2026, losing over US$670 billion (approximately S$670 billion) due to Indonesia's influence, according to recently disclosed market data. This financial setback may have contributed to Indonesia's current tensions with Singapore, despite Singapore's generally neutral stance towards the matter.
Written by urgent.news from Vulcan Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
