Below is a list with tagged columns and company profiles.

Today's Headlines Politics

  • 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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  • Official Result of the Indonesian Legislative Election 2014 Released

    Only minutes ahead of the deadline on Friday (09/05), the General Election Commission (KPU) released the official results of Indonesia’s 2014 legislative election. As had been expected, the official result is highly similar to the quick count results that had been published on the day of election (09/04). The current main opposition party the Indonesian Democratic Party of Struggle (PDI-P) won the election, securing 18.95 percent of the vote, followed by Golkar (14.75 percent) and the Great Indonesia Movement Party (Gerindra) with 11.81 percent.

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  • Running Mate of Jokowi for Indonesian Presidential Election Announced Soon

    Indonesian newspaper Investor Daily reported that on Friday 9 May 2014 Joko Widodo, the presidential candidate of the PDI-P (winner of the April 2014 legislative election), will announce his running mate for the presidential election. According to the newspaper, Surya Paloh - founder of the NasDem party - said that the running mate (vice-presidential candidate) has already been agreed upon although he declined to mention a name. The PDI-P and NasDem formed a coalition last month in order to nominate a presidential candidate.

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  • Joko Widodo Expected to Announce Running Mate for Indonesian Elections

    Although Indonesia's benchmark stock index (known as the Jakarta Composite Index or IHSG) fell immediately after its opening on Monday (28/04), the index is expected to strengthen this week as Joko 'Jokowi' Widodo will announce his running mate for the 2014 presidential election. Jokowi is the presidential nominee of the PDI-P party (the largest opposition party in the Indonesian parliament), which won the legislative election in April 2014 by securing about 19 percent of the popular vote.

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  • IMF Hopes that Indonesia Will Continue the Economic Reform Agenda

    The International Monetary Fund (IMF) praised the Indonesian government's policy approach to safeguard the country's financial stability amid external shocks in 2013 and hopes that the new government, which will be inaugurated in October 2014, continues the economic reform agenda. Changyong Rhee, Director of the IMF's Asia Pacific Department, said that Indonesia - Southeast Asia's largest economy - is currently on the right track and forecast to grow 5.4 percent in 2014, slightly lower than the 5.78 percentage growth in 2013.

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  • Indonesia Investments' Newsletter of 13 April 2014 Released

    On 13 April 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Due to the legislative election on Wednesday (09/04), this newsletter has a main focus on politics. Other topics include the benchmark interest rate, gross domestic product (GDP) growth, car & motorcycle sales, a profile of Astra International, and more.

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  • Indonesian Rupiah and Stocks Plunge after 2014 Legislative Election Result

    Investors were not happy to see the parliamentary election result of Indonesia on Wednesday (09/04). The fragmented outcome implies continued political uncertainty toward the July 2014 presidential election. None of the Indonesian political parties were able to secure a majority in the legislative election, meaning it will be more difficult to pursue a clear and steady political course over the next five years. The PDI-P, which was forecast to secure an impressive victory on the 'Jokowi effect', was unable to record a large victory.

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  • Update Indonesia's Legislative Election of 2014; Live Quick Count in Progress

    After the polling stations closed at 13:00 local time on Wednesday (09/04), the quick count for Indonesia's 2014 legislative election has started. Contrary to previous election years, the General Election Commission (KPU) will not release the official results of the election quickly. The official outcome of the 2014 parliamentary election is expected to be announced on 9 May 2014. Below, the preliminary results of the quick count are presented. These scores may still be updated as new data come in.

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  • Update Indonesia Elections 2014; Parliamentary Election 9 April 2014

    Today (Wednesday 09/04), the people of Indonesia will choose their representatives for the national and regional legislative institutions. Polling stations have been open since 07:00 local time. Although there are about 190 million Indonesians who are eligible to vote (out of a total population of around 250 million), the turnout may be much lower. At stake are 560 seats in the House of Representatives (DPR), 132 seats in the Regional Consultative Council (DPD), and about 19,000 local government positions.

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  • Muhammad Lutfi Replaces Gita Wirjawan as Indonesia's Trade Minister

    Muhammad Lutfi Replaces Gita Wirjawan as Indonesia's Trade Minister

    Indonesia's President Susilo Bambang Yudhoyono will officially appoint Muhammad Lutfi as the new Trade Minister on Friday (14/02), thus replacing Gita Wirjawan who requested to step down as Trade Minister on 31 January 2014 in order to focus solely on his presidential bid. Muhammad Lutfi will only have eight months time to head the Trade Ministry because a new Indonesian government will be inaugurated in October (legislative and presidential elections are scheduled for April and July 2014).

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Latest Columns Politics

  • CEOs’ Perceptions of the National Economy and Politics Improves in Q4-2018

    CEOs’ Perceptions of the National Economy and Politics Improves in Q4-2018

    It are challenging times for businessmen and investors in Indonesia. An escalating trade war between the United States and China is felt by emerging markets including Indonesia. For example, the rupiah has weakened to a 20-year low against the US dollar. Meanwhile, Indonesia's legislative and presidential elections are scheduled for April 2019 and the results can have big consequences for the country's investment climate.

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  • Road to the 2019 Presidential Election; Visions and Missions

    Road to the 2019 Presidential Election; Visions and Missions

    On 23 September 2018 the campaign period officially started for Indonesia’s 2019 presidential election. This period runs up to 13 April 2019 (while the election is scheduled for 17 April 2019). Despite the start of the campaign period it has remained rather calm between the two opposing sides: (1) incumbent President Joko Widodo with Islamic clerk Ma’ruf Amin versus (2) Gerindra Chairman Prabowo Subianto with businessman Sandiaga Uno.

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  • Jakarta Administration Revokes Principle Permits Reclaimed Islands

    Jakarta Administration Revokes Principle Permits Reclaimed Islands

    The local Jakarta administration has officially revoked principle permits for the development of 13 artificial islands (reclaimed islands) in the bay of Indonesia's capital city of Jakarta. For now, the decision means a complete stop to all activities related to the ambitious land reclamation project north of Jakarta.

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  • Road to the 2019 Elections: Widodo Picks Islamic Scholar, Subianto Picks Businessman

    Road to the 2019 Elections: Widodo Picks Islamic Scholar, Subianto Picks Businessman as Running Mate

    It is finally clear which pairs will compete in Indonesia’s 2019 presidential election. On Saturday August 10th, 2018 (only hours before the deadline ended), political parties officially registered their presidential and vice-presidential candidates at the General Elections Commission (in Indonesian: Komisi Pemilihan Umum, or KPU). As was widely assumed, only two pairs will compete in the 2019 presidential election. Thus, there are also two coalitions of political parties.

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  • 2019 Presidential Election Indonesia: Widodo-Amin vs Subianto-Uno

    2019 Presidential Election Indonesia: Widodo-Amin vs Subianto-Uno

    It was a very exciting afternoon and evening on Friday (09 August 2018), especially for those who follow contemporary Indonesian politics as well as those who love sinetron (Indonesian soap operas) since there occurred plenty of drama. At the end of the day it became clear that two pairs (consisting of a presidential and vice-presidential candidate) will compete in the 2019 presidential election: (1) Joko Widodo and Ma'ruf Amin versus (2) Prabowo Subianto and Sandiaga Uno.

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  • Economy of Indonesia is Facing Several Big Challenges

    Economy of Indonesia is Facing Several Big Challenges

    There are doubts whether Indonesia's gross domestic product (GDP) growth can reach 5.2 percent year-on-year (y/y) in full-year 2018 as Indonesia is experiencing a couple of major challenges. Challenges include the global trade war, the fragile rupiah, Bank Indonesia's higher benchmark interest rate, the current account deficit, and political tensions ahead of the 2019 legislative and presidential elections. Currently, Indonesia Investments' forecast for Indonesia's economic growth is set at 5.2 percent (y/y) in 2018.

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  • CEOs' Optimism about Indonesian Economy & Politics Falls Slightly

    CEOs' Optimism about Indonesian Economy & Politics Falls Slightly

    Chief executive officers (CEOs) in Indonesia have become slightly less optimistic about the Indonesian economy and politics. This makes sense considering the presence of simmering global trade tensions, sharp rupiah depreciation against the US dollar, and Bank Indonesia's recent series of interest rate hikes.

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  • Local Elections Indonesia: Run-Up to the 2019 National Elections

    Local Elections Indonesia: Run-Up to the 2019 National Elections

    The local elections that are held tomorrow (Wednesday 27 June 2018) are regarded a run-up to Indonesia's 2019 legislative and presidential elections. Tomorrow's results are a barometer to measure the political mood in the country with regard to next year's elections. After all, residents in the nation's four most populous provinces - West Java, East Java, Central Java, and North Sumatra - will visit the ballot boxes to vote for new governors. In total, 17 governors, 39 mayors and 115 regents will be elected across Indonesia on Wednesday.

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  • Foreign Workers in Indonesia: a Threat or Tactic to Gain Votes?

    Foreign Workers in Indonesia: a Threat or Tactic to Gain Votes?

    The issue of foreign workers has been the topic of much debate in Indonesian media in recent weeks. Ahead of the 2019 legislative and presidential elections political opponents of Indonesian President Joko Widodo are seemingly using this topic to gain popularity and to incite criticism on the government, or even to incite anxiety in society. Lets take a closer look at what it is about and whether criticism or anxiety is grounded or that we are simply dealing with another hoax.

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