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Today's Headlines Politics

  • In Memoriam: Bacharuddin Jusuf Habibie (1936–2019), Third President of Indonesia

    In Memoriam: Bacharuddin Jusuf Habibie (1936–2019), Third President of Indonesia

    On 11 September 2019, Bacharuddin Jusuf (B.J.) Habibie passed away at the respectable age of 83 at the Gatot Subroto Army Hospital in Central Jakarta. By the end of his life B.J. Habibie had become a true statesman, respected across Indonesia, and therefore the central government immediately declared three days of national mourning shortly after his passing. This means that the Indonesian flag (merah-putih) is positioned at half-mast during the three days following his death (12-15 September 2019).

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  • Indonesia Investments' Research Report Released: July 2019 Edition

    Indonesia Investments' Research Report Released: July 2019 Edition

    On Thursday (08/08) Indonesia Investments released the July 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 July 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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  • Constitutional Court Confirms Widodo's Victory in Indonesia's 2019 Election

    Constitutional Court Confirms Widodo's Victory in Indonesia's 2019 Election

    On Thursday (27.06.2019) Indonesia's Constitutional Court read out its verdict on the subject of alleged election campaign violations in the 2019 presidential election that was held on 17 April 2019. Defeated presidential candidate Prabowo Subianto had filed the legal challenge as he felt the official results (which had been announced by Indonesia's General Elections Commission/KPU) were heavily influenced by widespread fraud and vote-buying.

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  • Indonesia Investments' Research Report Released: May 2019 Edition

    Indonesia Investments' Research Report Released: May 2019 Edition

    On Tuesday (11/06) Indonesia Investments released the May 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 May 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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  • Live Blog: Protests and Unrest in Jakarta after Election Results

    Live Blog: Protests and Unrest in Jakarta after Election Results

    After Indonesia's General Elections Commission (KPU) declared incumbent President Joko Widodo the winner of the country's 2019 presidential election in the early morning of Tuesday (21.05.2019), protesters started to gather - after noon - in Central Jakarta, specifically in and around Jl MH Thamrin where the office of the Election Supervisory Agency (Bawaslu) is located.

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  • Indonesia Investments' Research Report Released: April 2019 Edition

    Indonesia Investments' Research Report Released: April 2019 Edition

    On Monday (06/05) Indonesia Investments released the April 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 April 2019 and also touches upon key international developments that impacted on the Indonesian economy.

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Latest Columns Politics

  • Stock Market Update Indonesia: Down on Politics and Global Data

    Indonesian stocks plunged considerably on Thursday (02/10). The country’s benchmark stock index (Jakarta Composite Index, abbreviated IHSG) declined 2.73 percent to 5,000.81 points, the largest drop in almost six months. This poor performance was caused by both external and internal factors. Externally, various weak economic data from the USA and Europe as well as an appreciating yen impacted negatively on Asian stock indices. Internally, market participants responded negatively toward the inauguration of the new parliament.

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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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  • 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.

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  • Constitutional Court Ruling: Prabowo Subianto Not Expected to Accept Defeat

    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.

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  • Elections Signals Big Questions on Indonesia's Future Democracy

    Elections Signals Big Questions on Indonesia's Future Democracy

    Recent elections in Indonesia have met with a great deal of attention and look to be a decisive moment for the country. We are looking at a country that has major financial problems and also is making a decision about the direction of its democracy. Prabowo Subianto has pledged to conduct a rollback in some of the aspects of Indonesia’s democracy. So the supporters of Indonesian democracy will be watching very closely to see how the recent election events will unfold.

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  • Quick Count Results Indonesian Election Mostly in Favour of Jokowi

    Quick Count Results Indonesian Election Mostly in Favour of Jokowi

    As had been predicted previously by various popularity surveys, the outcome of the Indonesian presidential election, a race between Joko Widodo (known as Jokowi) and Prabowo Subianto, was close. In fact, after the unofficial yet reliable quick count results had been collected, both camps claimed a victory. However, the majority of the quick count results show a Jokowi victory with a margin of about five to six percentage points. On 22 July 2014, the Indonesian General Elections Commission (KPU) will announce the official result.

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  • Why Are Foreign Investors Concerned about a Prabowo Subianto Win?

    Why Are Foreign Investors Concerned about a Prabowo Subianto Win?

    The result of Indonesia’s presidential election (scheduled for 9 July 2014), which has become a tight race between Prabowo Subianto and Joko Widodo (Jokowi), will for sure have a large impact on foreign investors’ confidence in Indonesian politics and the economy. A few weeks ago, a survey of Deutsche Bank showed that a majority of respondents (consisting of foreign investors) intend to sell their Indonesian assets if controversial candidate Prabowo Subianto will be elected. What are foreigners’ perceptions of a Subianto win?

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  • Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo

    Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo

    Sunday evening (15/06), the second debate between Indonesia’s two presidential candidates - Prabowo Subianto and Joko ‘Jokowi’ Widodo - was held. This debate was broadcast live on various Indonesian television stations and - once again - managed to become a trending topic on social media. The debate, the theme of which was ‘development of the economy and social welfare‘, was characterized by a nationalistic and protectionist tone. This tone had already been set by Subianto in the past weeks but now Jokowi also stressed protectionism.

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  • Indonesia Presidential Election: Joko 'Jokowi' Widodo vs Prabowo Subianto

    Indonesia Presidential Election: Joko 'Jokowi' Widodo Versus Prabowo Subianto

    It had been speculated for a while, but yesterday the official declaration of Indonesia's presidential candidates and their running mates (the vice-presidential candidates) were presented. In the upcoming election, scheduled for 9 July 2014, Jakarta Governor Joko 'Jokowi' Widodo will face Prabowo Subianto, former army general and former son-in-law to president Suharto (Indonesia's second president), in a battle for the country's presidential seat. What is there to tell about this battle?

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  • Indonesian Rupiah Exchange Rate and Stocks Gain Ground on Friday

    The week ended well for both the Indonesian rupiah exchange rate and the benchmark Jakarta Composite Index (IHSG). Based on the Bloomberg Dollar Index, the rupiah appreciated 0.30 percent to IDR 11,413 per US dollar at the end of Friday's trading day (16/05). Meanwhile, the IHSG surged 0.80 percent to finish just above the psychological level of 5,000 points. The good performance was supported by investors' positive response towards the latest political developments in Indonesia.

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