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Berita Hari Ini DPR

  • Oil Update Indonesia: Authorities Agree on Oil Production Target

    Oil Update Indonesia: Authorities Agree on Oil Production Target

    Indonesia’s Commission VII of the House of Representatives (DPR) - the commission that oversees the country’s energy affairs - and the Indonesian Ministry of Energy and Natural Resources agreed on Wednesday (28/01) to set a 825,000 barrels per day (bpd) oil production target for 2015 in the Revised 2015 State Budget (APBN-P 2015), up from an estimated 794,000 bpd of realized production in 2014. Since its peak production of 1.6 million bpd in 1995, oil output of Indonesia (a former OPEC member) has declined drastically.

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  • Indonesian Authorities Revise Economic Assumptions in 2015 Budget

    Indonesian Authorities Agree on Revised Economic Assumptions in 2015 Budget

    The Indonesian government, central bank (Bank Indonesia) and Commission XI of the House of Representatives (DPR) agreed to revise several macroeconomic targets in the Revised 2015 State Budget (APBN-P 2015). The revisions include the country’s economic growth (GDP) pace, the average rupiah exchange rate, and inflation target. In essence, the revisions indicate that Indonesian authorities have become less optimistic about the Indonesian economy in 2015 amid external pressures.

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  • Political Update: Pact Awesome Indonesia & Red-White Coalitions

    Tensions within Indonesian parliament may have eased after the two opposing coalitions signed a limited power-sharing pact on Monday (17/11) after weeks of negotiations. This pact is expected to reinforce investor confidence in Indonesian politics amid improved political certainty. Previously, parliament was divided into two rival coalitions: the Awesome Indonesia Coalition (Koalisi Indonesia Hebat), which backs Indonesian President Joko Widodo, and the Red-White Coalition (Koalisi Merah-Putih), which is led by Prabowo Subianto.

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  • Indonesia Political Update: Prabowo Controls Majority in MPR

    After a long plenary session of the People’s Consultative Assembly (or MPR), Zulkifli Hasan has been elected as the Speaker of the MPR for the period 2014-2019. Zulkifli Hasan, a former Indonesian Forestry Minister, is backed by the Merah-Putih coalition and thus his election constitutes another blow for president-elect Joko Widodo (popularly known as Jokowi). The Merah-Putih coalition is a coalition of six political parties that support vindictive defeated presidential candidate Prabowo Subianto.

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  • Indonesia’s New Parliament Inaugurated; Clash on Speaker Voting

    Indonesia’s New Parliament Inaugurated; Clash on Speaker Voting

    A total of 555 people have been officially inaugurated as members of Indonesia’s House of Representatives (DPR) for the period 2014-2019 on Wednesday (01/10). The ceremony was witnessed by incumbent President Susilo Bambang Yudhoyono as well as President-elect Joko Widodo (Jokowi) and his running mate Jusuf Kalla. The Jokowi-Kalla pair will be inaugurated as the country’s next president and vice-president on 20 October 2014. The PDI-P, winner of the legislative election, is the largest party in the House.

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  • Yudhoyono to Issue Presidential Decree to Block Regional Elections Law

    Indonesian President Susilo Bambang Yudhoyono announced to issue a presidential decree to override parliament’s approval of the controversial regional elections law. This new bill passed the House of Representatives (DPR) on Friday last week. Immediately institutions and people objected to the bill - which abolishes direct elections for regional leaders (leaving it to regional legislatures to elect mayors, district heads and governors) - as it is considered a step back for the country’s young democracy and reduces transparency.

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  • Update Indonesia’s Regional Election Law: SBY Has ‘Plan B’

    Incumbent Indonesian President Susilo Bambang Yudhoyono (SBY) announced on Tuesday (30/09) that he prepares a plan to undermine the new bill - accepted by Indonesia’s House of Representatives (DPR) - that blocks direct elections for regional leaders (leaving it to regional legislatures to elect mayors, district heads and governors). Many institutions and people have objected against the new bill as it is regarded a setback for the democratization process in Indonesia. SBY also immediately expressed its concern about the passing of the new bill.

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  • Democracy in Indonesia: Parliament Passes Bill to End Direct Local Voting

    Indonesia’s House of Representatives (DPR) passed a controversial bill in the early morning of Friday (26/09) that is widely criticized by media and analysts. After a walk out of President Susilo Bambang Yudhoyono’s Democratic Party (the largest party in parliament having 148 out of 560 seats) in the plenary session, parliament agreed that direct voting in the regions will be scrapped, thus leaving it to the regional legislatures to elect mayors, district heads and governors. Critics say this bill is a setback for democracy.

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  • Jokowi to Cut Fuel Subsidies; Government Sets Aside Social Funds

    Jokowi to Cut Fuel Subsidies; Government Sets Aside Social Funds

    Indonesian Finance Minister Chatib Basri stated that the Indonesian government plans to set aside a total of IDR 10 trillion (USD $837 million) in the state budgets of 2014 as well as 2015 to support the poor people of Indonesia through social safety programs. This is yet another indication that prices of subsidized fuels will be raised before the end of the year. Recently, it has been increasingly speculated that Indonesian president-elect Joko Widodo (“Jokowi”) will raise these prices by IDR 3,000 (USD $0.25) per liter.

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  • Budgetary Commission Proposes to Reduce Indonesia’s Energy Subsidies

    The Budgetary Committee of Indonesia’s parliament announced on Monday (22/09) that it proposes the government to spend 1.6 percent less on energy subsidies in 2015. Originally the government allocated IDR 363.5 trillion (USD $30.4 billion) for energy subsidies (which involves fuel and electricity subsidies) in 2015, up from IDR 350.3 trillion (USD $29.3 billion) in 2014. This would be good news for president-elect Joko "Jokowi" Widodo as he would imply have more fiscal room for his reform programs.

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Artikel Terbaru DPR

  • Indonesia's House Passes Tax Amnesty Bill & Revised State Budget

    In a plenary session on Tuesday (28/06), Indonesia's House of Representatives (DPR) passed the controversial Tax Amnesty Bill into law as well as the revised 2016 state budget. The Indonesian government will be relieved to see the Tax Amnesty Bill come into effect on 1 July 2016 (ending in May 2017) as it expects the bill to boost tax revenue this year by IDR 165 trillion (approx. USD $12.4 billion). Through tax incentives and the pardoning of tax crimes, the tax amnesty program makes it attractive for tax evaders to declare their offshore assets and repatriate these into Indonesia.

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  • Indonesian Stocks Climb on Capital Injections in State-Owned Companies

    Indonesian Stocks Climb on Capital Injections in State-Owned Companies

    After being in negative territory for quite a while, the benchmark stock index of Indonesia (Jakarta Composite Index) finished 0.13 percent higher at the end of the trading day. In line with the major stock indices in the Asia-Pacific region, Indonesia’s main index climbed although gains were limited as investors are concerned about failed discussions between the Greek government and its creditors in the Eurozone. However, positive sentiments were still felt due to capital injections in Indonesian state-owned companies.

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  • Battle Jokowi-Prabowo; Democratic Future of Indonesia in Jeopardy?

    Battle Jokowi-Prabowo; Democratic Future of Indonesia in Jeopardy?

    More and more concerns have arisen recently regarding the democratic future of Indonesia. In fact, some media have reported that an impeachment of president-elect Joko Widodo, who will assume office on 20 October 2014, could become a reality as opposition in parliament - led by controversial and vindictive former army general Prabowo Subianto - is large. The Merah-Putih coalition, referring to the coalition of political parties that supported Subianto in the presidential election (which he narrowly lost to Widodo) will control 353 of the 560 seats in parliament.

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  • Indonesia’s House Approves 2015 State Budget; Budget Deficit 2.21% of GDP

    Indonesia’s House Approves 2015 State Budget; Budget Deficit 2.21% of GDP

    Indonesia’s House of Representatives (DPR) approved the 2015 State Budget on Monday (29/09) that was proposed by the outgoing President Susilo Bambang Yudhoyono administration. The budget deficit is now set at IDR 245.9 trillion (USD $20.5 billion), equivalent to 2.21 percent of gross domestic product (GDP), and lower than the 2.32 percent of GDP proposed by the government in both the Financial Memorandum and the Revised 2015 State Budget. However, the accepted budget deficit is still high compared to previous years.

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  • Insurance Business in Indonesia: Foreign Investment still Welcome

    Indonesian parliament (DPR) decided not to limit foreign ownership in Indonesian insurance companies. Currently, foreigners can have an 80 percent stake in a local insurance company. A new insurance bill on this matter is expected to be passed in a plenary session next month. This bill will enable foreign investors to continue to own local insurance companies through the share-purchase mechanism at the Indonesia stock exchange (IDX). Another important point in the new bill involves the legal entity of the local insurance firm.

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  • Government and Parliament Agree on Indonesian Revised 2014 State Budget

    Government and Parliament Agree on Indonesian Revised 2014 State Budget

    In a plenary session of Indonesia’s House of Representatives (DPR) on Wednesday evening (18/06), the parliament approved the government’s proposed revised state budget of 2014 (RAPBN-P 2014). Prior to this approval, the revision had already been discussed for a month between the House of Representatives’ Budget Committee (Banggar) and the government. Almost all components of the 2014 State Budget have been revised from the government’s earlier assumptions.

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  • Preliminary Analysis Parliamentary Election Result in Indonesia

    A Preliminary Analysis of the Parliamentary Election Result in Indonesia

    Although several quick counts of today's legislative election in Indonesia still continue, the big picture is clear. The current opposition party PDI-P will win Indonesia's 2014 parliamentary election, followed by Golkar and Gerindra. This is no surprise as most surveys that were released ahead of the election indicated that these three political parties would be the major contenders. As a whole, the election went relatively smoothly, with only a few minor incidents. The official result will be announced on 9 May 2014.

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  • Parliamentary Election in Indonesia; Overview of Popular Political Parties

    Parliamentary Election in Indonesia; Overview of Popular Political Parties

    On Wednesday 9 April 2014, the Indonesian electorate (consisting of about 190 million people out of a total population of around 250 million) will vote for both the country's national and regional legislatures. This legislative election also bears a big influence on the presidential election that is scheduled for 9 July 2014 as a minimum of 25 percent of the popular vote in the legislative election (or 20 percent of seats in the House of Representatives, DPR) gives a party the authority to nominate a presidential candidate.

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  • Paving the Way for Geothermal Energy Development in Indonesia

    Paving the Way for Geothermal Energy Development in Indonesia

    Asep Sugiharta, an official at the Ministry of Forestry, said that a new bill has been submitted to Indonesia's parliament (DPR) which is expected to open up the potential for geothermal power development in Indonesia. Currently, geothermal exploitation is lawfully defined as a 'mining activity' (Law No. 27 2003) and therefore prohibited to be conducted in protected forest and conservation areas (Law No. 41 1999), even though geothermal mining activities have a relatively small impact on the environment (compared to other mining activities).

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  • Go-Ahead for Indonesia's Controversial Ban on Unprocessed Mineral Exports

    Go-Ahead for Indonesia's Controversial Ban on Unprocessed Mineral Exports

    Starting from 12 January 2014, the export of all mineral-ores are banned in Indonesia. This controversial new policy, stipulated by the 2009 Mining Law (on Minerals and Coal Mining), was agreed upon by the nine fractions in Commission VII of the Indonesian parliament (DPR). Through this new law, the government intends to increase the value of exports while reducing dependence on raw exports and thus becoming less vulnerable to price downswings on the global commodities market.

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