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Indonesian President with South Korean President

Indonesia turns K-pop fandom into economic power

K-pop to Become Indonesia’s State-Backed Money Machine?

After the meet up of Indonesian and South Korean Presidents this month, Jakarta seeks to convert its fandom power to boost revenue streams in tandem with state-aligned policies.

26 APR 2026, 10:01 AM
  • Prabowo Subianto is revamping K-pop as an official diplomatic tool with Lee Jae-myung, solidifying cultural exchange as a strategic state policy.
  • Carmen, an Indonesian national and a member of Hearts2Hearts under SM Entertainment, is at the core of this state-sponsored pop ecosystem.
  • Indonesia’s massive share of the global K-pop market turns its fandom into a modular economic engine.

Earlier this month, when President Prabowo Subianto stood alongside South Korean President Lee Jae-myung and a 20-year-old K-pop star at the Blue House, the consequent "finger heart" photo indicated something more than a viral moment. It marked a strategic shift in Indonesian diplomacy, where "soft power" currently holds the same significance as state defense.

Cultural Diplomacy with South Korea to Scale up Indonesian Economy

After the early April state visit to South Korea, the administration has been moving to formalize this cultural bridge. Foreign Minister Sugiono confirmed in a Wednesday (April 22, 2026) press conference that President Prabowo intends to actively scale up the number of K-pop concerts in Indonesia. The move also centers around the nation’s huge fan base, which already dominates a major share of the global K-pop market.

The face of this bilateral partnership is Nyoman Ayu Carmenita, known to fans as Carmen from Hearts2Hearts. During a state luncheon at Cheong Wa Dae, the idol from SM Entertainment sat as a guest of honor, representing an achievement as the first Indonesian to debut under the notable agency. Born on March 28, 2006, the Hearts2Hearts member has rapidly become Indonesia’s symbol of rising influence in South Korea.

Hearts2Hearts Member Carmen with Indonesian and South Korean President. (Image Credit: X)

At the previous meeting, Minister Sugiono, asked for “forgiveness,” noting his surprise at the fact that Indonesians were already establishing themselves in the elite K-pop industry. Yet, behind the music and the social media posts from the official authorities lies a grueling economic framework. 

K-pop Becomes a Measurable Economic Lever for Indonesia

Notably, Indonesia is the only nation to globally hold a "special comprehensive strategic partnership" with South Korea. This trip further cemented that bond, where 10 Memorandums of Understanding were signed and the Grand Order of Mugunghwa, South Korea’s highest honor, was conferred upon President Prabowo.

The Indonesia-South Korea partnership is strongly backed by hard data. As per a 2022 study from Korea Bulletin (A Publication of the Korea Centre, East Asian Institute, National University of Singapore), Indonesia’s K-pop fandom is not just big; it is profitable. The 9.9% global market share reported in Korea Bulletin’s study, coupled with its reputation for high per-capita expenditure on merchandise and fan activities, fuels an immense monetization potential in the K-pop sector. By bringing in more live events, the Indonesian government isn't just catering to a demand; it is rather tapping into a highly involved economic engine that has no signs of slowing down.

Diya Mukherjee is a Content Writer at Outlook Respawn with a postgraduate background in media. She has a passion for writing content and is enthusiastic about exploring cultures, literature, global affairs, and pop culture.

Published At: 26 APR 2026, 10:01 AM
Tags:Live EventsBusinessPop CultureK-PopSouth KoreaMusicConcertsSM Entertainment