November 7, 2025 | 06:40 pm
TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Friday, November 7, 2025. Here are the highlights: HSBC Indonesia Appoints Stuart Rogers as President Director; Prabowo Administration Reaffirms Commitment to Strengthening Human Development in Papua; and OJK Records Rp3,050tn of Islamic Finance Assets by August 2025.
The following is the list of the top 3 news on Tempo English today:
1. HSBC Indonesia Appoints Stuart Rogers as President Director
PT Bank HSBC Indonesia announced the appointment of Stuart Rogers as the new President Director of HSBC Indonesia on Thursday, October 6, 2025. Previously, Stuart served as the Regional Head of International Markets for HSBC Commercial Banking based in Singapore.
Stuart effectively replaced Francois de Maricourt on November 2, 2025. As the new President Director, Stuart will oversee approximately 2,300 HSBC employees throughout Indonesia, where the company has a presence in 12 cities.
The President Commissioner of HSBC Indonesia, Martin Haythorne, congratulated Stuart on his appointment. "I hope to work closely with him for the next stage of growth and development of the bank, becoming the preferred international bank in Indonesia," he said in an official statement on Thursday, October 6, 2025.
2. Prabowo Administration Reaffirms Commitment to Strengthening Human Development in Papua
Indonesian Coordinating Minister for Political and Security Affairs, Djamari Chaniago, visited Papua with the Head of the State Intelligence Agency (BIN) Muhammad Herindra on Wednesday, November 5, 2025. They directly observed activities at the Papua Youth Creative Hub.
The location is described as a center for youth creativity development in the easternmost region of Indonesia. The Papua Youth Creative Hub was built and managed by the State Intelligence Agency.
Djamari said that the Papua Youth Creative Hub is an example of the government's commitment to providing a creative space for Papua's youth. He says this aligns with President Prabowo Subianto's mission.
3. OJK Records Rp3,050tn of Islamic Finance Assets by August 2025
The Financial Services Authority (OJK) records over Rp3,050 trillion in assets for the Islamic financial industry as of August 2025, an 11.3 percent hike compared to the same period last year. This was confirmed by Friderica Widyasari Dewi, Executive Head of the Supervision of Financial Business Behavior, Education, and Consumer Protection at OJK.
"Of course, this is supported by the stable performance of our financial sector, including banking, capital markets, insurance, financing, and everything else," she said while addressing the Financial Expo and Sharia Seminar (EKSiS) at Balai Sarbini, Jakarta, on Thursday, November 6, 2025.
Friderica detailed that the total assets of the Islamic financial industry were supported by Rp975.9 trillion from banking, Rp1,896.2 trillion from the capital market, and Rp178.7 trillion from the non-banking financial industry.
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President Prabowo Subianto welcomes 12 ambassadors of friendly nations at Merdeka Palace in Central Jakarta.
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Manpower Minister Yassierli explaines the wave of mass layoffs and the planned provincial minimum wage increase.
OJK Records Rp3,050tn of Islamic Finance Assets by August 2025
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OJK records total Islamic financial industry assets as of August 2025 to exceed Rp3,050 trillion.
Prabowo Administration Reaffirms Commitment to Strengthening Human Development in Papua
21 jam lalu
Coordinating Minister Djamari stated that the Prabowo administration is committed to comprehensively strengthening human development in Indonesia.
HSBC Indonesia Appoints Stuart Rogers as President Director
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HSBC Indonesia believes that Stuart Rogers has a strong track record of driving the company's strategic growth.
Today's Top 3 News: Indonesia Receives 'Draft Zero' of Gaza International Force Mandate, Says Minister
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Here is the list of the top 3 news on Tempo English today.
Prabowo Praises the Resilience of the South Korean and Papuan People
1 hari lalu
Prabowo said that negotiating with South Korea was difficult. He then mentioned the resilience of the Papuan people.
Prabowo Cites Former South Korean President Park Chung-hee as His Idol
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Prabowo Subianto expresses his admiration towards former President of South Korea, Park Chung-hee, for leading the country's industrialization.
Indonesia's Prabowo Calls for Welcoming Environment for Foreign Investors
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According to Prabowo, foreign investment brings benefits to the public. He feels the need to maintain and make them comfortable.
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