Tag: Politics
Below is a list with tagged columns and company profiles.
Today's Headlines Politics
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Indonesia Investments Released June 2023 Report - Focus on Mining Sector
On 6 July 2023 Indonesia Investments released the June 2023 edition of its monthly report. In the report we present a number of analyses of topics (all related to the economy, politics and social matters) that were relevant in Indonesia in the month of June 2023.
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Big Political News: PDI-P’s Megawati Announces Ganjar Pranowo as Party’s Presidential Candidate
On 21 April 2023, just before the Idul Fitri celebrations started, the Chairwoman of Indonesia’s biggest political party (PDI-P), Megawati Soekarnoputri, announced that she decided to throw her support behind Central Java Governor Ganjar Pranowo as the party’s presidential candidate for the 2024 elections.
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Road to Indonesia's 2024 Presidential & Legislative Elections; Campaigning to Kick Off in November 2023
While the 2024 general elections of Indonesia (involving both the presidential and legislative elections) are scheduled to be held on 14 February 2024, we expect to see a growing focus on these approaching elections throughout 2023. The reason is that campaigning will kick off before the end of 2023 (namely on 28 November 2023).
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Indonesia Investments Releases the December 2022 Report
On 5 January 2023, Indonesia Investments released the December 2022 edition of its monthly report. This report discusses and analyses a number of important economic and political topics (all related to Indonesia) that were relevant in the month of December 2022.
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Indonesia’s House of Representatives (DPR) Passes Revised Criminal Code Bill into Law
Considering the news seemed to have gone viral across the globe it is certainly worth devoting attention to Indonesia’s new Criminal Code (Kitab Undang-Undang Hukum Pidana, or KUHP). It is an important one because is the body of laws regulating how crimes are punished in Indonesia.
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Political Parties Sharpen Their Strategies as 2024 Presidential & Legislative Elections Are Approaching
Those who closely follow Indonesian media should have noticed that there has been an increase in coverage of the approaching 2024 presidential election. This involves articles and analyses of the electability of certain political persons (including polls and surveys) but also articles that we consider (hidden) marketing.
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New Report Out: Indonesia Investments Releases October 2022 Edition
On 7 November 2022 Indonesia Investments released the October 2022 edition of its monthly report. Our report presents in-depth and independent analyses of a range of economic, political and social subjects that have been in the news in the month of October 2022.
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Becoming Less Java-Centric; Construction Indonesia’s New Capital in East Kalimantan to Start in 2022
If, indeed, the capital city of Indonesia will be moved away from Jakarta (Java) to the North Penajam Paser Regency and (partly) the Kutai Kartanegara Regency (in East Kalimantan) then Indonesian President Joko Widodo’s name will forever be linked to the new capital city as he was the one who initiated this huge project.
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Latest Indonesia Investments Report Out! Economic, Political & Social Analyses
On Thursday (06.01.2022) Indonesia Investments released the December 2021 edition of its monthly report. This report discusses a range of subjects - related to political developments, the economy and social matters - that were important and influential issues in Indonesia in the month of December 2021.
Latest Columns Politics
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History of Indonesia: Politics and the Economy under Sukarno
By the mid-1960s, politics and the economy of Indonesia had turned into disaster. After Independence in 1945 (and the cessation of hostilities with the Dutch in 1949), the young nation was plagued by hostile internal politics in which several political forces - consisting of the army, nationalists, Muslims, and communists - opposed each other. For over a decade, Sukarno, Indonesia’s first president, had reasonable success in keeping these forces in check by the force of his own personality. However, by the mid-1960s his failure became evident.
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Indonesian Stocks & Rupiah Strengthen on Politics and Fuel Price Hike
Indonesian stocks and the rupiah have rebounded on Friday due to several internal and external factors. During the first trading session on Friday (17/10), the benchmark stock index of Indonesia (Jakarta Composite Index, or IHSG) surged 0.94 percent to 4,998.14 points. Meanwhile, based on the Bloomberg Dollar Index, the Indonesian rupiah exchange rate had appreciated 0.26 percent to IDR 12,228 per US dollar by 12:30 pm local Jakarta time. Why do Indonesian stocks and the rupiah perform well on Friday?
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Moody’s Investors Service Positive about Indonesia’s Economy
Global credit rating agency Moody’s Investors Service stated that it maintains a stable outlook for Indonesia’s sovereign and corporate debt rating in the next quarters due to the country’s healthy credit fundamentals, solid macroeconomy, and reduced political tensions. Moody’s believes that Indonesia’s fundamentals are strong enough to offset the negative impact of external pressures such as looming higher US interest rates and slowing economic growth in China. Moody’s had raised Indonesia’s sovereign debt rating to investment grade in late 2011.
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Performance of the Indonesian Rupiah & Stocks in the Past Week
Amid political uncertainty and a looming increase in US interest rates, Indonesian stocks and the rupiah exchange rate weakened considerably in the past week. Market participants are increasingly concerned about the situation in Indonesia’s parliament where a majority of political parties - named the Merah-Putih coalition (led by defeated presidential candidate Prabowo Subianto) - is expected to undermine president-elect Joko Widodo’s reform programs as well as the democratic foundations of the country.
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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?
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
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
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
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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Today's Headlines
- Indonesia Investments Released Its March 2024 Report
- Renewable Energy in Indonesia: Overview, Challenges and Potential of Geothermal Energy
- Consumer Price Index of Indonesia: Finally Some Inflationary Pressures in February 2024
- Economic Update Indonesia; Taking a Look at Various Recently Released Macroeconomic Data
- Indonesia Investments Releases Its February 2024 Report