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Berita Hari Ini Politics
On Monday (08/10) Indonesia Investments released the September 2018 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of September 2018 and also touches upon key international developments that impacted on the Indonesian economy.
After Ma'ruf Amin, who is Chairman of the Indonesian Ulema Council (in Indonesian: Majelis Ulama Indonesia, or MUI), accepted Indonesian President Joko Widodo's invitation to become the latter's running mate in Indonesia's 2019 presidential election, there occurred some uncertainty about Amin's position within the MUI.
Incumbent President Joko Widodo is expected to announce his running mate for the 2019 presidential election this evening (Thursday 09/08). All local media are gathered at Plataran Restaurant in Menteng (Central Jakarta) where the leaders of those political parties that support Widodo meet for an announcement. Also present is former chief justice of Indonesia's Constitutional Court Mahfud MD. Thus, it seemed clear who had been selected as Widodo's vice presidential candidate.
Indonesia Investments received information that presidential candidate Prabowo Subianto has selected Deputy Jakarta Governor Sandiaga Uno to become his vice-presidential candidate in the 2019 presidential election. The choice for Uno is allegedly accepted by Subianto's Gerindra party as well as by the National Mandate Party (PAN) and Prosperous Justice Party (PKS).
On Wednesday (27/06) around 150 million people are estimated to have cast their vote for the local elections in 169 regions across Indonesia (in two Papuan districts elections were delayed due to administrative and security reasons). There have not been any reports of disturbances (including fraud) and we can therefore assume that the elections went peacefully (and fair) across Indonesia.
While according to the opinion polls incumbent President Joko Widodo has a big lead over his (seemingly only) rival Prabowo Subianto for the 2019 presidential election, he declines to comment on the race. Instead Widodo - often called Jokowi - chooses to remain focused on work as "a lot has not been completed yet".
Entering the second quarter of 2018 chief executive officers (CEOs) have become less optimistic about the Indonesian economy and politics. This should be no surprise considering there have emerged significant concerns about a looming global trade war (with the USA and China as main actors), while further monetary tightening in the USA has been putting pressure on the Indonesian rupiah.
Indonesian Finance Minister Sri Mulyani Indrawati is popular not only in Indonesia but also abroad. Over the weekend she accepted the Best Minister in the World Award at the World Government Summit in Dubai. It is not her first award. Earlier, she was awarded the Best Finance Minister in Asia (2006). Moreover, she peaked at 23rd in Forbes' 2008 top 100 most powerful women ranking.
Indonesian Foreign Minister Retno Lestari Priansari Marsudi said the Indonesian government imposed zero tariffs for certain Palestinian products entering Indonesia since the start of the year. This policy aims at supporting Palestine economically.
Despite the "political year" several Indonesia-based securities firms expect to see big appetite from local companies to conduct an initial public offering (IPO) on the Indonesia Stock Exchange in 2018. In 2018, Indonesia will see a new round of regional elections (to determine local leaders) across the country. These elections are likely to trigger new political tensions, particularly as the country's legislative and presidential elections are to be held the following year.
Artikel Terbaru Politics
With Indonesia's presidential election approaching (9 July 2014), investors - both domestic and foreign - have become more hesitant to commit to large investments, instead preferring to wait for the election results first. Obviously, investors want to see a 'market friendly' president to lead Southeast Asia's largest economy for (at least) the next five years; a ruler who can safeguard a conducive investment climate. For the Indonesian people, a just ruler is needed; one who can improve Indonesia's political and social issues.
Late on Tuesday evening (13/08), the Corruption Eradication Commission (KPK) arrested Rudi Rubiandini, head of the Upstream Oil and Gas regulatory special task force (SKK Migas) for allegedly accepting bribes amounting to USD $400,000 from Kernel Oil Pte Ltd, which is headquartered in Singapore. Four other people were also arrested in connection with this case. Rubiandini is currently being questioned by the KPK. The institution has one day to determine Rubiandini's legal status.
Although Indonesia’s next presidential election will be held in mid-2014, Aburizal Bakrie already announced in 2012 that he would run for the presidency on behalf of the Golkar party, one of the leading political parties of Indonesia and once the strong political vehicle of Suharto during the New Order regime (1965-1998). However, Bakrie, chairman of Golkar and often referred to by his nickname 'Ical', is one of the most controversial figures in modern Indonesian politics and business.
Yesterday Lembaga Survei Indonesia (LSI), a leading Indonesian public opinion research institute, published the result of a survey that indicated Megawati Soekarnoputri is leading the poll to become the country's next president in 2014. In the survey she is closely followed by Aburizal Bakrie and Prabowo Subianto. This preliminary result can be regarded negative as these names are 'products' of the old regime and thus will not support further democratization.
Just a few years ago, Susilo Bambang Yudhoyono's Democratic Party (in Indonesian Partai Demokrat or PD) enjoyed huge popularity among Indonesia's population. More than one fifth of the electorate voted for the 'Democrats' in the 2009 parliamentary election, a notable achievement in Indonesia's pluralistic society. In particular, the party's hard stance towards corruption was likened by the people. Now, however, the party crumbles under its own weight.
Next year, Indonesia will have new parliamentary and presidential elections. Now already, these elections are highly relevant as political parties need to find ways to gain popular support and need to look for the right presidential candidates. Political parties or coalitions of political parties that receive at least 20 percent of the votes during the parliamentary election, are allowed to nominate a presidential candidate. Thereafter, a presidential election - in which a few candidates participate - will decide the next Indonesian president.
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