Below is a list with tagged columns and company profiles.

Today's Headlines Politics

  • Presidential Election Indonesia 2014: Debate Jusuf Kalla vs Hatta Rajasa

    This evening (Sunday 29 June 2014), the fourth presidential debate took place, organized in the Bidakara hotel in South Jakarta. However, it was not a debate between the two presidential candidates, Joko ‘Jokowi’ Widodo and Prabowo Subianto, but between both vice presidential candidates: Jusuf Kalla (Jokowi’s running mate) and Hatta Rajasa (Subianto’s running mate). The theme of tonight's debate was development of human resources, science and technology in Indonesia.

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  • Prabowo Subianto: Dictatorship, Nazi-Video & International Relations

    In the past week, commotion occurred in Indonesia related to the presidential election (which is scheduled for 9 July 2014). This commotion, which involved two 2001 interviews by award-winning American journalist Allan Nairn, a Nazi video, and US ambassador Robert O. Blake Jr, was related to controversial presidential candidate Prabowo Subianto, former army general and former son-in-law to Indonesia’s second president Suharto. The 2014 election has become a tight race between Subianto and market favourite Joko ‘Jokowi’ Widodo.

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  • Election Indonesia: 3rd Presidential Debate Prabowo Subianto vs Jokowi

    On Sunday evening (22/06), the third debate between the two presidential candidates of Indonesia - Joko Widodo (popularly known as Jokowi) and Prabowo Subianto - took place and was broadcast live on national television by various stations. Through these debates the presidential candidates are able to outline their vision while trying to increase their popularity among the Indonesian electorate (on 9 July 2014 the Indonesian people will vote for their new leader). The theme of this third debate was ‘international politics and national security’.

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  • Foreign Investors Sell Indonesian Assets if Prabowo Subianto is Elected

    A survey of the Deutsche Bank, one of the world's leading financial service providers, showed that the foreign business community will not be content if Prabowo Subianto takes over the presidential seat from incumbent president Susilo Bambang Yudhoyono. According to this survey, 56 percent of respondents are planning to sell Indonesian assets if the electorate chooses Subianto as next president in the election that is scheduled for 9 July 2014. About 13 percent answered to buy Indonesian assets in the same scenario.

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  • Indonesia Presidential Election 2014: Television Debate Jokowi vs Prabowo

    On Monday evening (09/06), the first debate between Indonesia’s two presidential candidates (joined by their running mates) was held and broadcast live on national television by various Indonesian television stations. This debate is the first in a series of five debates in which both teams - Joko ‘Jokowi’ Widodo and Jusuf Kalla vs Prabowo Subianto and Hatta Rajasa - are able to share their vision and mission to the Indonesian electorate. The debate immediately became a trending topic on social media.

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  • Kadin: Indonesia Can Take Advantage of Political Turmoil in Thailand

    The political turmoil that has been plaguing Thailand since 2006 can become an advantage for Indonesia if the country manages to attract investors that were previously engaged in business or exploring business activities in Thailand. Although Indonesian politics are characterized by a certain level of uncertainty as well, particularly ahead of the upcoming July presidential election, the political situation is much more under control in Indonesia. Thailand, Singapore and Malaysia are Indonesia's greatest economic rivals in Southeast Asia.

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  • What is on the Political Agenda of Joko Widodo and Prabowo Subianto?

    With the presidential election of Indonesia (scheduled for 9 July) becoming a battle between Governor of Jakarta Joko Widodo, popularly known as Jokowi, and former army general and Suharto crony Prabowo Subianto, it is worth taking a closer look into the ideas and policies that both candidates would like to implement if elected as the next Indonesian president, as well as their stance on specific economic issues. The viewpoints that are mentioned below are based on the documents that both parties provided to the General Election Commission.

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  • PDI-P Declares Coalition & Jokowi's Candidacy; Rupiah and Stocks Surge

    Both the Indonesian rupiah exchange rate and the country's benchmark stock index (known as the Jakarta Composite Index or IHSG) have strengthened significantly on Wednesday's trading day (14/05). The rupiah appreciated 0.76 percent to IDR 11,450 per US dollar by 15:00 local Jakarta time according to the Bloomberg Dollar Index. Meanwhile, the IHSG gained 1.09 percent to 4,975.13 by the same time. Main reason for this strong performance is the official declaration of the PDI-P to form a coalition with NasDem and PKB.

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  • Indonesia Presidential Election Update: Jokowi-Kalla versus Prabowo-Hatta?

    The Indonesian presidential election, scheduled for 9 July 2014, is most likely to become a battle between Joko "Jokowi" Widodo and Prabowo Subianto. Although this had already been expected as both men can rely on popular support (according to various surveys) and have the political backing of important political parties, a number of developments on Tuesday (13/05) seem to confirm this expectation. Moreover, there is more clarity about the vice-presidential candidates that will join the July election.

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  • Hatta Rajasa Pairs with Prabowo Subianto in Presidential Election?

    In Indonesian media it was reported today (13/05) that Hatta Rajasa, the current Coordinating Minister for Economic Affairs, will meet President Susilo Bambang Yudhoyono this afternoon. It is speculated that in this meeting Rajasa wil ask permission to resign from his post in order to be able to run as Prabowo Subianto's running mate in the presidential election (9 July 2014). A 2008 law stipulates that ministers need to resign when participating in the election (as presidential or vice-presidential candidate) to avert a possible conflict of interest.

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Latest Columns Politics

  • Jokowi Candidate for Indonesian Presidency; Markets React Positively

    After months of uncertainty and speculation, Governor of Jakarta Joko Widodo (popularly known as Jokowi) has finally declared to run for the Indonesian presidency in the presidential election scheduled for 9 July 2014. Jokowi is backed by the Indonesian Democratic Party of Struggle (PDI-P), one of the largest political parties in Indonesia, led by chairwoman Megawati Sukarnoputri. On Friday (14/03), Megawati released a statement in which she announced to fully support Jokowi in the upcoming elections.

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  • Analysis of Indonesia's Current Account Deficit: the Structural Oil Problem

    Fitch Ratings, one of the three major global credit rating agencies, estimates that Indonesia's current account deficit will reach USD $27.4 billion, equivalent to 3.1 percent of the country's gross domestic product (GDP) in 2014. As such, Fitch Ratings' forecast is more pessimistic than forecasts presented by both Indonesia's central bank (Bank Indonesia) and government. Both these institutions expect to curb the current account deficit below the three percent of GDP mark (a sustainable level). Global investors continue to carefully monitor the deficit.

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  • 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.

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  • Corruption Scandal: Head of SKK Migas Arrested on Alleged Bribery Charges

    Late on Tuesday evening (13/08), the Corruption Eradication Commission (KPK) arrested Rudi Rubiandini, head of the Upstream Oil and Gas regulatory special task force (SKK Migas) for allegedly accepting bribes amounting to USD $400,000 from Kernel Oil Pte Ltd, which is headquartered in Singapore. Four other people were also arrested in connection with this case. Rubiandini is currently being questioned by the KPK. The institution has one day to determine Rubiandini's legal status.

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  • Indonesia’s 2014 Presidential Candidates; a Profile of Aburizal Bakrie

    Although Indonesia’s next presidential election will be held in mid-2014, Aburizal Bakrie already announced in 2012 that he would run for the presidency on behalf of the Golkar party, one of the leading political parties of Indonesia and once the strong political vehicle of Suharto during the New Order regime (1965-1998). However, Bakrie, chairman of Golkar and often referred to by his nickname 'Ical', is one of the most controversial figures in modern Indonesian politics and business.

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  • Names that Top the Presidential Polls Are Not Considered a Step Foreward

    Yesterday Lembaga Survei Indonesia (LSI), a leading Indonesian public opinion research institute, published the result of a survey that indicated Megawati Soekarnoputri is leading the poll to become the country's next president in 2014. In the survey she is closely followed by Aburizal Bakrie and Prabowo Subianto. This preliminary result can be regarded negative as these names are 'products' of the old regime and thus will not support further democratization.

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  • President Yudhoyono Back to Take Leadership of his Crumbling Democratic Party

    Just a few years ago, Susilo Bambang Yudhoyono's Democratic Party (in Indonesian Partai Demokrat or PD) enjoyed huge popularity among Indonesia's population. More than one fifth of the electorate voted for the 'Democrats' in the 2009 parliamentary election, a notable achievement in Indonesia's pluralistic society. In particular, the party's hard stance towards corruption was likened by the people. Now, however, the party crumbles under its own weight.

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  • Towards Next Year's Legislative Elections: PD, Golkar and PDI-P

    Next year, Indonesia will have new parliamentary and presidential elections. Now already, these elections are highly relevant as political parties need to find ways to gain popular support and need to look for the right presidential candidates. Political parties or coalitions of political parties that receive at least 20 percent of the votes during the parliamentary election, are allowed to nominate a presidential candidate. Thereafter, a presidential election - in which a few candidates participate - will decide the next Indonesian president.

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