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Today's Headlines Kompas

  • Coalition Golkar and PD? Aburizal Bakrie & Pramono Edhie Wibowo

    According to the latest information, Golkar and Partai Demokrat (PD) may form a coalition which will nominate Aburizal Bakrie (Chairman of Golkar) as its presidential candidate and Pramono Edhie Wibowo (PD member, a former army chief and incumbent President Susilo Bambang Yudhoyono's brother-in-law) as its vice-presidential candidate. Golkar is Indonesia's second-largest political party, while PD is the fourth-largest party based on the result of the April legislative election.

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Latest Columns Kompas

  • Analyst Opinion: Bank Indonesia's Interest Rate Might Be Raised Again

    According to Fauzi Ichsan, Managing Director at Bank Standard Chartered Indonesia, there is a possibility that Indonesia's central bank (Bank Indonesia) will raise its benchmark interest rate (BI rate) from 7.50 percent to 8 percent at the next Board of Governor's Meeting as the country's current account deficit has not improved markedly yet. The deficit stood at about 3.5 percent of the country's gross domestic product (GDP) at the end of 2013. Bank Indonesia intends to lower the deficit to a sustainable level of below 3 percent in 2014.

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