Tag: Politics
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Berita Hari Ini Politics
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Indonesia Investments Releases Its February 2024 Report
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Indonesia's Next President Will Probably Be Prabowo Subianto
Based on the quick count results, presidential candidate Prabowo Subianto will win the 2024 presidential election by a comfortable margin. Not only does he enjoy around 57-59 percent of the national votes, but he also seems to control at least 20 percent of the votes in over 20 provinces. This would mean that a second round is not even necessary. Still, we have to wait for the official result that is scheduled to be released on 20 March 2024.
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Live Updates & Blog: Indonesia's 2024 Presidential & Legislative Election
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Indonesia Investments Releases January 2024 Report - Economic & Political Analyses
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The 2024 Legislative and Presidential Elections of Indonesia; What Are the Latest Developments?
In this month’s update, we are only focusing on the latest developments in terms of the upcoming 2024 legislative and presidential elections (that are scheduled for 14 February 2024). And so, for a wider analysis and background of these elections, we refer the reader to our articles published in earlier reports.
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New Report Out: Indonesia Investments Releases December 2023 Edition
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Annually Recurring Polemic; Indonesian Provinces Set New Minimum Wages
In each November edition of our monthly report we cover the new minimum wages of Indonesia (that will kick in at the start of the next year). The main reason is that provincial leaders need to announce the level of minimum wage growth before the end of November. This year, the deadline was set on 21 November for the provincial minimum wages (and 30 November for minimum wages in the districts and cities).
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New Report Out: Indonesia Investments Releases November 2023 Edition
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Indonesia’s House of Representatives Approves Omnibus Health Bill; What Changes?
On Tuesday 11 July 2023, Indonesia’s House of Representatives (or DPR) passed the Omnibus Health bill into law. The only two political parties (both opposition parties) that voted against this bill were the Democratic Party (PD) and Prosperous Justice Party (PKS). Main reasons behind their rejection involved the rushed deliberation, and the removal of mandatory government spending on the health sector.
Artikel Terbaru Politics
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Road to Indonesia’s 2019 Presidential Election: Gap Narrows after 1st Presidential Debate
On Thursday 17 January 2019 the first debate between the two presidential pairs - (1) Joko Widodo & Ma'ruf Amin and (2) Prabowo Subianto & Sandiaga Uno - took place at Hotel Bidakara in Pancoran (South Jakarta). It is the first one of a total of five planned debates between the presidential and vice-presidential candidates in the months ahead of the legislative and presidential elections that are scheduled for 17 April 2019 (although the date of the 5th debate is yet to be determined).
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Political Update: Preparing & Bracing for the Big Political Year of 2019
We have entered 2019, which means we have entered a huge political year with the legislative and presidential elections scheduled for 17 April 2019. Indonesia is a young democracy that is maturing – hence experiences growing pains – and where various sides are engaged in a battle to get a hold of the highest political power in Indonesia.
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Indonesia's Energy Subsidy Spending Far Above Target in 2018
Ahead of the legislative and presidential elections (scheduled for April 2019) the Indonesian government is unwilling to impose impopular measures. One of the side-effects is that subsidy spending has gone beyond the target that was set in the 2018 State Budget. Lets take a closer look at spending on energy subsidies in Indonesia so far this year.
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CEOs’ Perceptions of the National Economy and Politics Improves in Q4-2018
It are challenging times for businessmen and investors in Indonesia. An escalating trade war between the United States and China is felt by emerging markets including Indonesia. For example, the rupiah has weakened to a 20-year low against the US dollar. Meanwhile, Indonesia's legislative and presidential elections are scheduled for April 2019 and the results can have big consequences for the country's investment climate.
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Road to the 2019 Presidential Election; Visions and Missions
On 23 September 2018 the campaign period officially started for Indonesia’s 2019 presidential election. This period runs up to 13 April 2019 (while the election is scheduled for 17 April 2019). Despite the start of the campaign period it has remained rather calm between the two opposing sides: (1) incumbent President Joko Widodo with Islamic clerk Ma’ruf Amin versus (2) Gerindra Chairman Prabowo Subianto with businessman Sandiaga Uno.
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Jakarta Administration Revokes Principle Permits Reclaimed Islands
The local Jakarta administration has officially revoked principle permits for the development of 13 artificial islands (reclaimed islands) in the bay of Indonesia's capital city of Jakarta. For now, the decision means a complete stop to all activities related to the ambitious land reclamation project north of Jakarta.
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Road to the 2019 Elections: Widodo Picks Islamic Scholar, Subianto Picks Businessman
It is finally clear which pairs will compete in Indonesia’s 2019 presidential election. On Saturday August 10th, 2018 (only hours before the deadline ended), political parties officially registered their presidential and vice-presidential candidates at the General Elections Commission (in Indonesian: Komisi Pemilihan Umum, or KPU). As was widely assumed, only two pairs will compete in the 2019 presidential election. Thus, there are also two coalitions of political parties.
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2019 Presidential Election Indonesia: Widodo-Amin vs Subianto-Uno
It was a very exciting afternoon and evening on Friday (09 August 2018), especially for those who follow contemporary Indonesian politics as well as those who love sinetron (Indonesian soap operas) since there occurred plenty of drama. At the end of the day it became clear that two pairs (consisting of a presidential and vice-presidential candidate) will compete in the 2019 presidential election: (1) Joko Widodo and Ma'ruf Amin versus (2) Prabowo Subianto and Sandiaga Uno.
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Economy of Indonesia is Facing Several Big Challenges
There are doubts whether Indonesia's gross domestic product (GDP) growth can reach 5.2 percent year-on-year (y/y) in full-year 2018 as Indonesia is experiencing a couple of major challenges. Challenges include the global trade war, the fragile rupiah, Bank Indonesia's higher benchmark interest rate, the current account deficit, and political tensions ahead of the 2019 legislative and presidential elections. Currently, Indonesia Investments' forecast for Indonesia's economic growth is set at 5.2 percent (y/y) in 2018.
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CEOs' Optimism about Indonesian Economy & Politics Falls Slightly
Chief executive officers (CEOs) in Indonesia have become slightly less optimistic about the Indonesian economy and politics. This makes sense considering the presence of simmering global trade tensions, sharp rupiah depreciation against the US dollar, and Bank Indonesia's recent series of interest rate hikes.
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Tag Lain
- Rupiah (1120)
- Indonesia Stock Exchange (759)
- Inflation (713)
- GDP (674)
- Bank Indonesia (616)
- Federal Reserve (554)
- Jakarta Composite Index (505)
- China (453)
- IHSG (412)
- Infrastructure (408)
Berita Hari Ini
- Indonesia Investments Released Its March 2024 Report
- Renewable Energy in Indonesia: Overview, Challenges and Potential of Geothermal Energy
- Consumer Price Index of Indonesia: Finally Some Inflationary Pressures in February 2024
- Economic Update Indonesia; Taking a Look at Various Recently Released Macroeconomic Data
- Indonesia Investments Releases Its February 2024 Report