Jakarta, Oct. 22 -- President Prabowo Subianto has strongly indicated that foreign-backed companies responsible for recurring forest and land fires face losing their operating permits, signaling that revoked concessions could be reassigned to Indonesia's younger generation.

Speaking at the 2026 National Coordination Meeting of the Regional Financial Access Acceleration Team in Jakarta on Thursday, Prabowo highlighted that numerous foreign enterprises have held concessions for over a decade while repeatedly violating environmental regulations.

"Regarding forest fires, there are indications that many foreign companies bear responsibility. They have held concessions for over a decade, yet some have committed violations three, four, or even...