Below is a list with tagged columns and company profiles.

Today's Headlines Corruption

  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • Corruption in Indonesia: DPR Chair Setya Novanto Named as Suspect

    Setya Novanto, the Chairman of Indonesia's House of Representatives (DPR), has been named as suspect in a corruption case by the country's corruption watchdog Corruption Eradication Commission (in Indonesian: Komisi Pemberantasan Korupsi, or KPK). The case involves the large-scale procurement project for the electronic identity card or e-ID card.

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  • 455 Illegal Money Changers Closed in Indonesia

    Bank Indonesia, the central bank of Indonesia, announced it has forced the shutdown of a total of 455 illegal money changers - across Indonesia - by May 2017. These illegal money changers also include many gold shops and travel agents where people can change rupiah for foreign exchange (and vice versa).

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  • Governance & Corruption in Indonesia: Two Old Cases in the News

    During the last couple of years of Susilo Bambang Yudhoyono (SBY)'s second cabinet (2009-2014) there erupted a number of high profile corruption cases that involved several of his ministers as well as leading figures in his Democratic Party (in Indonesian: Partai Demokrat, abbreviated as PD). As a result, the PD party dropped significantly in the 2014 parliamentary election (this loss was also caused by the inability of SBY to find a new charismatic leader for the party, while SBY himself could not participate in the 2014 presidential election as he was finishing his final presidential term).

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  • Tribunal: Honda & Yamaha Form Price-Fixing Cartel in Indonesia

    Indonesia's Business Competition Supervisory Commission (KPPU), the country's anti-monopoly agency, penalized Yamaha Indonesia Motor Manufacturing (YIMM) and Astra Honda Motor (AHM) for forming a cartel with the purpose of conducting price-fixing and curtailing the distribution of Yamaha and Honda motorcycle sales in Indonesia, specifically those motorcycles with an engine capacity of 110-125 cubic centimeters.

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Latest Columns Corruption

  • Expat’s Perspective on Indonesian Bureaucracy & Police Practices: Arranging a Driver’s License & Vehicle Registration

    Throughout my life in Indonesia I have noticed that when dealing with government institutions, for example when arranging a residence permit (KITAS/KITAP), a work permit (IMTA) or a building permit (IMB), there are two options: (1) do everything according to official guidelines (based on laws, regulations, and policies) but expect to see a delay, or (2) pay a higher price at the start but ‘get things done quickly’.

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  • The Role of State-Owned Enterprises in the Indonesian Economy

    One characteristic of the Indonesian economy is that the state-owned enterprises (SOEs) play an important role in this USD $1.0 trillion economy. They not only play an important role because some of them rank among Indonesia’s biggest companies (in terms of profit, sales and assets), thereby generating plenty of money for the government (in the form of tax revenue or dividend) while at the same time creating jobs for millions of Indonesians.

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  • Corruption & Property: Where Did it Go Wrong for the Meikarta Project?

    Those consumers and investors who purchased one or more apartment units in the Meikarta megacity project in Bekasi (West Java) are currently facing uncertain times. A new corruption scandal has put the future of the Meikarta project in jeopardy and therefore those who have already bought a Meikarta apartment fear that their money and apartment unit is lost. Those who are still making monthly mortgage payments to the bank, are confused whether they need to continue these payments (hence risking losing more money) or stop the monthly payment.

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  • Rise of Indonesia in Corruption Perceptions Index Stagnates

    Although Indonesia's score was unchanged, the nation's ranking fell in the latest Corruption Perceptions Index, compiled by Berlin-based Transparency International. In the 2017 edition, Southeast Asia's largest economy Indonesia ranks 96th, down from 90th in last year's edition. The index, which ranks 180 countries and territories by their perceived levels of public sector corruption (based on input from experts and businessmen), uses a scale from 0.0 (highly corrupt) to 1.0 (very clean).

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  • Corruption in Indonesia: DPR the Most Corrupt Government Institution

    The latest survey of Berlin-based Transparency International confirms that Indonesia's House of Representatives (DPR) is perceived - among Indonesians - as the most corrupt institution in the country. This outcome is no surprise because the DPR, the elected national legislative assembly that draws up and passes laws and budgets as well as monitors the performance of the government, has for long been perceived by the Indonesian people as the most corrupt institution within the country.

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  • Emirsyah Satar, Soetikno Soedardjo Named in Rolls Royce Scandal

    After Emirsyah Satar, Indonesia's Corruption Eradication Commission (KPK) has also named Soetikno Soedardjo a suspect in the same multinational bribery case. On Thursday (19/01) it became breaking headline news in Indonesia when the KPK announced that former Garuda Indonesia Chief Executive (2005-2014) Emirsyah Satar was named suspect of received a bribe in the procurement (by Garuda Indonesia) of aircraft and aircraft engines from Airbus and Rolls-Royce. Satar currently servers as Chairman of Indonesian conglomerate Lippo Group's e-commerce platform MatahariMall.com.

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  • Corruption in Indonesia: Agung Podomoro Land Bribery Case

    Indonesia's Corruption Eradication Commission (abbreviated KPK) is satisfied with the decision of the Jakarta Corruption Court (Tipikor) to sentence Ariesman Widjaja, former General Director of Agung Podomoro Land, to three years in prison and IDR 200 million (approx. USD $15,300) in fines (or three additional months inmprisonment). Although prosecutors demanded a four year prison sentence and IDR 250 million in fines, the decision of the court is acceptable according to Indonesia's anti-corruption watchdog.

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