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Berita Hari Ini Joko Widodo

  • Economy & Politics Indonesia: Widodo Proposes 2018 State Budget

    Economy & Politics Indonesia: Widodo Proposes 2018 State Budget

    Traditionally, the Indonesian President reveals the government's proposal for next year's state budget one day ahead of the Independence Day celebrations. This time, President Joko Widodo announced a rather ambitious target in terms of economic growth. The central government proposes the GDP growth target figure for 2018 at 5.4 percent year-on-year (y/y). The budget proposal requires approval from the House of Representatives (DPR).

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  • Jokowi Wants More Companies to List on Indonesia Stock Exchange

    Jokowi Wants More Companies to List on the Indonesia Stock Exchange

    After having encouraged capital inflows into Indonesia through the tax amnesty program, Indonesian President Joko Widodo now also urges those multinational companies that operate in Indonesia but are listed abroad to go-public on the Indonesia Stock Exchange. He particularly targets those companies that generate more than 50 percent of their revenue from Indonesia, or, have more than 50 percent of their total assets in Indonesia.

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  • Widodo: Safeguard the Strength of Indonesia's Household Consumption

    Widodo: Safeguard the Strength of Indonesia's Household Consumption

    Indonesian President Joko Widodo urged his cabinet members to guard - or even better: to improve - household consumption in Indonesia as this would have an immediate impact on Indonesia's overall macroeconomic growth. Over the past five years, the nation's household consumption accounted for about 56 percent of Indonesia's gross domestic product (GDP).

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  • Holding Company for Indonesia's State-Owned Miners Ready in Q1-2017

    Holding Company for Indonesia's State-Owned Miners Ready in Q1-2017

    The government of Indonesia is nearing completion of the forming of holding companies for state-owned enterprises that are active in the oil & gas and mining sectors. It now only requires signing by Indonesian President Joko Widodo. Last year Widodo approved plans to create five state holding companies in energy, mining, construction, housing, and financial services. Fully state-owned aluminium producer Inalum and energy company Pertamina will be the holding companies for activities in the mining and oil & gas sectors, respectively.

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  • Bilateral Trade Relations Indonesia: Widodo Visits India & Iran

    Bilateral Trade Relations Indonesia: Widodo Visits India & Iran

    During his state visit to India, Indonesian President Joko Widodo signed three memoranda of understanding. Widodo is on a three-day visit to India (12-13 December) and Iran (14 December) to meet political and corporate leaders and to enhance business and trade relations with the two countries. Indonesia's seventh president is accompanied by Darmin Nasution (Coordinating Minister for Economic Affairs), Pratikno (State Secretary), and Thomas Lembong (Chairman of the Investment Coordinating Board, or BKPM).

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  • Indonesia Investments' Newsletter of 23 October 2016 Released

    Indonesia Investments' Newsletter of 23 October 2016 Released

    On 23 October 2016, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy and political-related topics such as Bank Indonesia's interest rates, analysis of two-years under Joko Widodo, the tax amnesty program, the trans-pacific partnership, current account balance, and more.

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  • Tax Amnesty Program Indonesia is a Success Except for Repatriations

    Contrary to our earlier predictions, Indonesia's tax amnesty program has been on a roll in September 2016. The program is designed to boost the government's tax revenue by offering tax evaders attractive rates to come clean and declare their previously undeclared assets (whether stashed at home or abroad in the so-called tax havens). Those who join the program can also repatriate offshore assets into Indonesia, into specifically prepared investment instruments where the funds need to stay for at least three years.

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  • Indonesia, China & World Economy: G20 Hangzhou Summit 2016

    Indonesia, China & World Economy: G20 Hangzhou Summit 2016

    The eleventh meeting of the Group of 20 strongest economies (G20) started today in Hangzhou (China). It is the first time a G20 summit is hosted by the world's second-largest economy, a market that has been plagued by an economic slowdown over the past six years. The summit was opened by China's President Xi Jinping who urged leaders to avoid "empty talks" and instead to focus on boosting trade and the world economy which is currently at a critical juncture reflected by high market volatility. Critics, however, point out that China is known for implementing trade barriers.

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  • Remarkable: Indonesian Energy Minister Dismissed over US Citizenship

    Remarkable: Indonesian Energy Minister Dismissed over US Citizenship

    Indonesian Energy and Mineral Resource Minister Arcandra Tahar was dismissed (honorably) from his post by President Joko Widodo on Monday (15/08) after reports surfaced that indicated Tahar holds American citizenship. Indonesian law does not recognize dual citizenship (except for persons under the age of 18 years). Tahar had only just been appointed the country's Energy Minister in a cabinet reshuffle that took place on 27 July 2016 (Tahar replaced Sudirman Said). State Secretary Pratikno announced the Tahar's dismissal in the late hours on Monday.

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Artikel Terbaru Joko Widodo

  • Indonesian Politics & Economy: Looking Back on 2019, Looking Forward to 2020

    Indonesian Politics & Economy: Looking Back on 2019, Looking Forward to 2020

    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.

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  • New Cabinet Takes Office; Last-Minute Surprise Gives Widodo Majority in Parliament

    New Cabinet Takes Office; Last-Minute Surprise Gives Widodo Majority in Parliament

    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.

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  • Overview of Widodo Administration (2014-2019); Accomplishments and Failures

    Overview of the Widodo Administration (2014-2019); What Are the Accomplishments and Failures?

    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.

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  • Presidential and Legislative Elections of Indonesia: Our Views on the Unofficial Results

    Presidential and Legislative Elections of Indonesia: Our Views on the Unofficial Results

    Indonesia Investments carefully followed developments surrounding Indonesia’s presidential and legislative elections (which were held on Wednesday 17 April 2019). Although the official results will only be announced in late May (as the General Elections Commission, or KPU, will be busy counting all votes up to 22 May 2019) we can already draw several conclusions from these events.

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  • Road to Indonesia’s 2019 Presidential Election: Gap Narrows after 1st Presidential Debate

    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

    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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  • Road to the 2019 Presidential Election; Visions and Missions

    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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  • Road to the 2019 Elections: Widodo Picks Islamic Scholar, Subianto Picks Businessman

    Road to the 2019 Elections: Widodo Picks Islamic Scholar, Subianto Picks Businessman as Running Mate

    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

    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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