5 September 2025 (closed)
Jakarta Composite Index (7,867.35) -18.51 -0.23%
Be aware that there are scammers active on WA pretending to be Indonesia Investments
Tag: Corruption
Below is a list with tagged columns and company profiles.
Latest Reports Corruption
-
-
Demonstrations & Protests Against the Indonesian Government: Violence Flares Up
On 29 August 2025, the benchmark stock index of Indonesia was in deep red territory (after having touched an all-time record high position a day earlier), while the rupiah lost quite some value against the US dollar. Certainly, profit-taking played a key role. However, portfolio investors were particularly interested in profit-taking due to rising political and social chaos across Indonesia.
-
New Report: Repressed Frustrations in Indonesia – A Ticking Social Time Bomb
-
Indonesia Investments Releases Its May 2024 Report: 'When Corruption Bubbles Up'
On Tuesday 4 June 2024 Indonesia Investments released the May 2024 edition of its monthly report. The report discusses various topics -related to the economy, politics and social matters in Indonesia- that were relevant in the month of May 2024.
-
Indonesia Investments Released May 2023 Report - US Pressures Come and Go
On 6 June 2023 Indonesia Investments released the May 2023 edition of our monthly report. The report discusses key economic, political and social issues that impacted on Indonesia in the month of May 2023.
-
Subscriber Update Indonesia Investments - Widodo's Cabinet Reshuffle
On 22 December 2020 Indonesian President Joko Widodo announced that several ministers in his Onward Indonesia Cabinet (in Indonesian: Kabinet Indonesia Maju) were replaced in order to improve the performance of the cabinet. This message was no surprise as rumors about an upcoming cabinet reshuffle had grown increasingly strong over the preceding week.
-
Student Demonstrations in Indonesia over Revision of the Criminal Code and “Destruction” of KPK
Quite similar to the events in Hong Kong – where protesters have been demonstrating for months to express their objection to an extradition bill that would have given more power to China (and considering protests did not stop when the Hong Kong government announced it suspended the controversial bill, the movement has morphed into something much larger) – there have been several straight days of protests in Indonesia, especially in the bigger cities on Java and Sumatra.
-
Indonesia Investments' Research Report Released: March 2019 Edition
On Monday (08/04) Indonesia Investments released the March 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 March 2019 and also touches upon key international developments that impacted on the Indonesian economy.
-
Future of Grand Meikarta Property Project in Jeopardy after Corruption Scandal?
The local government of West Java said it is currently busy compiling all data related to the Lippo Group's ambitious Meikarta project. West Java Governor Ridwan Kamil said thorough investigation will then be done - based on the data - to decide whether the grand property project can resume or whether there are matters that need to be fixed.
-
Japan Reports Bribery Requests to Indonesia's Corruption Watchdog
While the central government of Indonesia is eager to improve the nation's investment climate, the Anti-Bribery Commission of Japan (ABCJ) reported a number of illegal charges that were requested by Indonesian government officials or civil servants from Japanese companies that operate in Indonesia. Such cases of corruption damage the attractiveness of Indonesia's investment climate.
Latest Columns Corruption
-
Joko Widodo’s Mission to Enhance Tax Collection in Indonesia
One strategy of Indonesian President Joko Widodo to generate more state revenues in order to enhance investments in social and economic development of Indonesia is by improving the country’s tax collection system. As the middle class as well as number of companies that are active in Indonesia has risen rapidly in recent years, it is disappointing that tax collection targets are rarely met in Southeast Asia’s largest economy: tax compliance is low, while corruption among civil servants (tax collectors) remains a structural problem.
-
Ease of Doing Business in Indonesia: Slight Improvement Detected
President Joko Widodo’s unexpected visit to the Indonesia Investment Coordinating Board (BKPM) on Tuesday (28/10) signals that the new president of Indonesia is serious about wiping out severe bureaucracy that causes time-consuming and difficult procedures to obtain permits, licenses and certificates in a bid to ease doing business in Indonesia for both foreign and domestic investors. Joko Widodo, popularly known as Jokowi, is eager to tackle the country’s ‘red-tape’ problem as it curtails the pace of economic growth in Indonesia.
-
Prabowo Subianto Coalition Accepts Indonesia’s Constitutional Court Verdict
It took almost six hours for the Constitutional Court of Indonesia (Mahkamah Konstitusi) on Thursday (21/08) to read out 300 pages of a lengthy 4,392-page verdict in the case filed by defeated presidential candidate Prabowo Subianto, who claimed that the result of Indonesia’s July 2014 presidential election was invalid due to widespread violations and fraud that allegedly occurred during the voting and counting processes. During the read out it became increasingly clear that the court would reject Subianto’s claims due to a lack of evidence.
-
Constitutional Court Ruling: Prabowo Subianto Not Expected to Accept Defeat
At 14:00 pm local Jakarta time zone, Indonesia’s Constitutional Court (Mahkamah Konstitusi) is expected to announce its decision on Prabowo Subianto’s election result challenge. The defeated presidential candidate filed a court case claiming that massive fraud and violations took place amid the voting and counting processes in the context of Indonesia’s July 2014 presidential election, won by Joko Widodo (securing 53.15 percent of the votes). Although the court’s decision is final and legally binding, Subianto not expected to surrender yet.
-
Corruption in Indonesia: Budi Mulya Found Guilty in Bank Century Case
Former Deputy Governor of Indonesia's central bank (Bank Indonesia) Budi Mulya was sentenced to ten years imprisonment and a fine of IDR 500 million on Wednesday (16/07) after being found guilty of self-enrichment and corruption in connection to the government's USD $573 million bailout package for Bank Century in 2008 when, amid the global financial crisis, this bank was on the brink of collapse. However, many disagree that Bank Century was about to collapse as no deep analysis had been conducted on the financial condition of the bank.
-
Corruption in Indonesia: Rudi Rubiandini Guilty of Receiving Bribes
On Tuesday (29/04), Jakarta's Anti-Corruption Court sentenced Rudi Rubiandini, former Head of Indonesia's oil & gas regulator SKK Migas, to seven years in prison for money laundering and accepting bribes from Singapore-based Kernel Oil Pte Ltd and Indonesia-based Kaltim Parna Industri. These bribes were given in exchange for securing a win in an oil tender. In addition, Rubiandini was imposed a fine of IDR 200 million (or another three months in prison). Rubiandini was reported to not file an appeal to the court's verdict.
-
No Severe Impact Latest Indonesian Tax Scandal on Bank Central Asia
The tax crime case which involves Bank Central Asia (BCA), Indonesia's largest lender by market value and the second-largest bank by assets, is not expected to have a significant impact on the performance of the shares of BCA. Earlier this week, Hadi Poernomo (Director General of taxation from 2002 to 2004) was questioned by Indonesia's Corruption Eradication Commission (KPK) on allegations of accepting bribes in exchange for tax exemptions - worth of IDR 375 billion (USD $32.8 million) - granted to BCA.
-
Fitch Ratings Survey Shows Optimistic View on Indonesian Economy
Fitch Ratings, one of the three major global credit rating agencies, said that its latest annual survey on economic prospects and the business climate in Indonesia indicates an optimistic view. Respondents in the survey, mostly CEOs and Division Heads at financial institutions, companies, government and media, were asked 11 questions about the Indonesian economy, reformation and prospects for the next five years. Andrew Steel, Managing Director Head of Asia Pacific Corporate Ratings Group, presented results of the survey.
-
Can Joko Widodo Accelerate the Democratization Process in Indonesia?
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.
-
Japan's Mitsui Confident in Long-Term Prospects of Investing in Indonesia
Mitsui & Co, one of the largest trading companies in Japan, believes that Indonesia is one of the most prospective investment destinations for the middle and longer term. After Brasil and Chile, Indonesia is currently the third-largest investment market for Mitsui & Co, which is part of the Mitsui Group. The latter has stakes in various sectors including energy, food, logistics and finance. The CEO of Mitsui & Co, Masami Iijima, stated that Indonesia is lucrative due to its large and young population as well as its rapidly expanding middle class.
No business profiles with this tag
Other Tags
- Rupiah (1133)
- Indonesia Stock Exchange (761)
- Inflation (741)
- GDP (710)
- Bank Indonesia (624)
- Federal Reserve (562)
- Jakarta Composite Index (507)
- China (457)
- IHSG (414)
- Infrastructure (408)
Latest Reports
- Purpose & Meaning Behind Establishment of Indonesia's Hajj and Umrah Ministry
- The Morning After - How Do the Stock & Currency Markets Respond to Cabinet Reshuffle?
- Finance Minister Sri Mulyani Indrawati Replaced in Cabinet Reshuffle
- Beyond the Immanuel Ebenezer Case: Enduring Corruption and Its Wider Impact
- Demonstrations & Protests Against the Indonesian Government: Violence Flares Up