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Berita Hari Ini Politics
After Indonesia's General Elections Commission (KPU) declared incumbent President Joko Widodo the winner of the country's 2019 presidential election in the early morning of Tuesday (21.05.2019), protesters started to gather - after noon - in Central Jakarta, specifically in and around Jl MH Thamrin where the office of the Election Supervisory Agency (Bawaslu) is located.
In the early morning of Tuesday 21 May 2019, Indonesia's General Elections Commission (KPU) declared incumbent President Joko Widodo the winner of Indonesia's 2019 presidential election. Meanwhile, the KPU also stated that the Indonesian Democratic Party of Struggle (PDI-P) secured most support among the Indonesian people.
Emerging market assets in Asia remained under pressure on Thursday (16.05.2019), with risk appetite being particularly undermined by rising concerns over USA-China trade tensions.
On Monday (06/05) Indonesia Investments released the April 2019 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 April 2019 and also touches upon key international developments that impacted on the Indonesian economy.
On 17 April 2019 the people of Indonesia went to the ballot boxes to vote in the country's presidential and legislative elections. Shortly afterwards, the General Elections Commission (in Indonesian: Komisi Pemilihan Umum, or KPU) started to count the results.
Today, Wednesday 17 April 2019, the Indonesian people vote for the country's presidential and legislative elections. While the legislative elections are not less important, most eyes are set on the presidential election; a battle between incumbent President Joko Widodo and challenger Prabowo Subianto.
Every quarter we are very eager to learn the latest update of the Kontan CEO Confidence Index (KCCI). The KCCI is an index compiled by Kontan, an Indonesian newspaper and magazine that focuses on business and investment (and is part of the Kompas Gramedia Group). Each quarter, 30 chief executive officers (CEOs) of big Indonesian companies – covering a range of sectors - are surveyed. Their feedback is important because these CEOs are decision-makers in influential companies.
For the 4th year in a row Indonesian inflation was under control. Based on data from Indonesia’s Central Statistics Agency (BPS), the nation’s annual headline inflation rate was 3.13 percent in full-year 2018. By Indonesian standards, that is a low inflation figure. The final figure even fell below the central government’s 3.5 percent (y/y) target that was set in the 2018 state budget and it fell below our (revised) prediction of 3.25 percent (y/y). But it did fall conveniently within the central bank’s wide target range of 2.5 – 4.5 percent (y/y).
It could be a coincidence but there is a peak in high-profile corruption cases ahead of the 2019 elections. In another article in the October 2018 research report we discuss the cases of the Lippo Group and Sinar Mas Group, two of the biggest conglomerates in Indonesia. It is widely known that big companies have their networks in political circles, such as the House of Representatives (DPR) and at the political top in provinces.
Nearly one year after US President Donald Trump confirmed the US would recognize Jerusalem as the capital of Israel and move its embassy from Tel Aviv to Jerusalem, Australian Prime Minister Scott Morrison followed suit by suggesting that Australia plans to make the same risky move. Morrison said Australia is considering to recognize Jerusalem as the capital of Israel and to move its embassy to the holy city.
Artikel Terbaru Politics
In recent times, almost each year can be called a ‘political year’ for Indonesia as a big number of elections – especially at the regional level – need to be organized in this vast archipelago. Considering there are 34 provinces in Indonesia, containing 514 regents (kabupaten) and cities (kota), we see elections almost every year.
In September 2020 concern arose over whether the House of Representatives (DPR) is trying to undermine the country’s central bank (Bank Indonesia)’s independence (from the government). The DPR’s legislation body came with a bill (a draft revision of the Bank Indonesia Law) that contains a number of controversial articles, making analysts concerned about the quality of future monetary policymaking in Indonesia.
It is becoming clearer by the day that economic growth in Indonesia, in 2020, will be derailed enormously. Analysts and authoritative institutions (both international and domestic ones) have, again, cut their forecasts for Indonesia’s economic growth in Q2-2020 (decisions that obviously also have consequences for Indonesia’s full-year 2020 economic growth outlooks).
What marked the year 2019 for Indonesia was national politics. Although in these present times each year feels like a ‘political year’ for Indonesia – as the country’s local elections are spread out across years (and in 2020 it will be the turn of voters in various parts of the Archipelago to elect nine governors, 224 regents and 37 mayors) – the year 2019 was in fact a particularly ‘huge political year’ for Indonesia because of the (general) presidential and legislative elections that were held on 17 April 2019.
Although the signs were there in the past couple of weeks, it still came as a surprise to us that defeated presidential candidate Prabowo Subianto made the last-minute decision to throw his support behind Indonesian President Joko Widodo. It effectively means that his Great Indonesia Movement party (or Gerindra) – previously the biggest opposition party – has now joined Widodo’s coalition, and thereby handing Widodo a massive majority in national parliament.
Given a variety of recent events, Indonesia has seemingly entered a liminal phase in its development trajectory, suggesting that its economic vulnerability will be tested in new ways. The present circumstances should be understood as a particular test for the ability of policy initiatives to temper the effects of perturbing exogenous factors and demand shocks to the overall economy.
While the re-election of President Joko Widodo has done much to the quell anxieties over Islamist challenges to Indonesia’s pluralist and relatively-moderated socio-religious and political climate, the question of Islamist opposition potential remains salient for many.
Yes, Indonesian President Joko Widodo, who recently won the 2019 presidential election and will therefore guide the world’s largest Archipelago in the 2019-2024 period, said the composition of his new cabinet (which is scheduled to be inaugurated in October 2019) has been finalized. But, no, he has not mentioned any names of the future ministers.
There was a new kid on the block in national politics ahead of Indonesia's 2014 elections. Joko Widodo (often called Jokowi), gained tremendous popularity among Indonesians when he was Governor of Jakarta (2012-2014). This popularity was based on his humble background as well as his humble behavior, his eagerness to reform existing structures and patterns, and his “pro-people” attitude. Previously, Widodo (who is an ex-furniture businessman) had been mayor of Solo (Central Java) from 2005 to 2012. His time as mayor was a success. However, he would really step into the national spotlight once he had won Jakarta’s gubernatorial election in 2012.
In Transparency International’s ‘Corruption Perceptions Index’ (CPI), Indonesia is rising slowly, yet continuously. In the latest edition, which was released in January 2019, Indonesia ranked 89th with a score of 38 points (the CPI uses a scale of 0 to 100, where 0 is fully corrupt and 100 is completely clean).
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