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Today's Headlines Politics

  • Indonesia Stock Exchange Closed, Central Bank Operations Limited

    Indonesia Stock Exchange Closed, Central Bank Operations Limited

    The Indonesia Stock Exchange (IDX) decided to keep its doors closed on Wednesday (19/04) as the people of Jakarta will vote in the second (and final) round of the Jakarta gubernatorial election. Earlier, Indonesian President Joko Widodo had already declared Wednesday 19 April 2017 a public holiday for the citizens in Indonesia's capital city of Jakarta. Meanwhile, Bank Indonesia stated that it will keep operations at a minimum on voting day.

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  • Politics in Indonesia: New Anti-Ahok Rally on Tuesday

    Politics in Indonesia: New Anti-Ahok Rally on Tuesday

    A new rally, organized by the Indonesian Muslim Forum (FUI), will be staged on Tuesday (21/02) in front of Jakarta's national legislative complex on Jalan Gatot Subroto in Senayan (South Jakarta). An estimated 10,000 protesters will urge authorities (in this so-called "212 rally") to suspend Jakarta Governor Basuki Tjahaja Purnama (Ahok). Ahok is currently on trial for blasphemy based on a manipulated video that surfaced on social media last year.

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  • Ahok Wins 1st Round Jakarta Election, but What Are His Chances in 2nd Round?

    Ahok Wins 1st Round Jakarta Election, but What Are His Chances in 2nd Round?

    Although all quick count results show that the Basuki "Ahok" Tjahaja Purnama - Djarot Saiful Hidayat pair won the first round of Jakarta's 2017 gubernatorial election, the Anies Baswedan - Sandiaga Uno pair may feel like the moral winner of this election as there is only a small margin (less than four percent) between both pairs. The winner of the second round, ergo winner of the election, will thus be determined by those who voted on the Agus Harimurti Yudhoyono - Sylviana Murni pair in the first round (this pair cannot participate in the second round).

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  • Live Update Jakarta Gubernatorial Election: Quick Count Results

    Live Update Jakarta Gubernatorial Election: Quick Count Results

    Starting from 7:00 am local Jakarta time on Wednesday (15/02), the capital city of Indonesia is voting for their next governor. There are more than 13,000 polling places spread across Jakarta to accommodate the 7.1 million eligible voters. Although actually in more than 100 provinces, cities and districts the regional heads are being elected today, most attention goes to Jakarta where ethnic and religious tensions are high due to the participation of incumbent Jakarta Governor Basuki Tjahaja Purnama (better known as Ahok), a Christian, ethnic Chinese politician who is being prosecuted for blasphemy.

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  • Indonesia to Replace Oil Recovery Scheme by Gross Profit Sharing

    Indonesia to Replace Oil Recovery Scheme by Gross Profit Sharing

    Indonesia's Energy and Mineral Resources Ministry targets to replace the cost recovery scheme in the oil and gas industry in January 2017. Instead, the government would use contracts with a gross profit sharing mechanism. The new scheme would simplify procedures (making the investment climate more attractive) while Indonesia "continues to prioritize the interests of the nation and optimize the use of local resources and labor", Deputy Energy Minister Arcandra Tahar said. The proposed changes will not affect existing contracts between contractors and the Indonesian government.

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  • Business Environment in Indonesia Needs Political Stability

    Business Environment in Indonesia Needs Political Stability

    The business environment in Indonesia needs political stability as well as a conducive investment climate to grow. However, if there exists a high degree of social unrest then the central government can offer as many incentives as it wants but entrepreneurs will be hesitant to engage in investment and business expansion. Currently, there is quite some unrest in the capital city of Jakarta. Ever since a manipulated video of Jakarta Governor Basuki Cahaya Purnama (Ahok) surfaced in which he allegedly insulted Islam, there has been outrage among Islamic hardliners. This brings economic costs.

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  • Interview with Indonesia's Vice President Jusuf Kalla

    Interview with Indonesia's Vice President Jusuf Kalla

    Indonesian newspaper Bisnis Indonesia printed an interesting interview with Vice President Jusuf Kalla on Wednesday (19/10). Kalla is one of the few political veterans of Indonesia, having been born during the Japanese occupancy of the Dutch East Indies, before Indonesia existed. He was VP under Susilo Bambang Yudhoyono (2004-2009), leader of Golkar, Coordinating Minister for People's Welfare (2001-2004), and Minister of Trade & Industry (1999-2000). Before he became fully committed to politics he developed a successful business empire.

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  • Indonesia Investments' Newsletter of 16 October 2016 Released

    Indonesia Investments' Newsletter of 16 October 2016 Released

    On 16 October 2016, 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 over the last seven days. Most of the topics involve economy and political-related topics such as the new Energy minister, GDP growth, credit ratings, the food and modern retail sectors, property prices for foreign buyers, cement sales, coal price, car sales, and more.

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  • Remarkable: Indonesian Energy Minister Dismissed over US Citizenship

    Remarkable: Indonesian Energy Minister Dismissed over US Citizenship

    Indonesian Energy and Mineral Resource Minister Arcandra Tahar was dismissed (honorably) from his post by President Joko Widodo on Monday (15/08) after reports surfaced that indicated Tahar holds American citizenship. Indonesian law does not recognize dual citizenship (except for persons under the age of 18 years). Tahar had only just been appointed the country's Energy Minister in a cabinet reshuffle that took place on 27 July 2016 (Tahar replaced Sudirman Said). State Secretary Pratikno announced the Tahar's dismissal in the late hours on Monday.

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  • Update Cabinet Reshuffle Indonesia: Who Are the New Ministers?

    Update Cabinet Reshuffle Indonesia: Who Are the New Ministers?

    On Wednesday (27/07) Indonesian President Joko "Jokowi" Widodo confirmed that he has reshuffled his cabinet, a move aimed at enhancing the effectiveness of his cabinet. Widodo also announced the names of the new ministers. Two names are very interesting: (1) Sri Mulyani Indrawati, who was Indonesia's finance minister between 2005 and 2010, and (2) retired army general Wiranto, who played a key role in handling security issues during the transition from Suharto's New Order to the Reformation era. However, his name is linked to human rights violations.

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Latest Columns Politics

  • 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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