Below is a list with tagged columns and company profiles.

Today's Headlines Elections

  • Update Stock & Currency Markets: What Are the Important Events?

    There are various reasons for investors to be cautious in Asia today. Markets need to digest and wait for political certainty in the United Kingdom and France (where elections brought political uncertainty), while two big central banks (the US Federal Reserve and the Bank of Japan) are in the spotlight this week as they conduct their monthly policy meetings.

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  • Regional Elections in Indonesia: Indonesia Votes for Local Leaders

    Today (09/12) millions of Indonesians head to the ballot boxes to vote for new regional leaders i.e. nine provincial governors, 36 mayors, and 224 district heads. These elections are important as the process of decentralization in the post-Suharto era has transferred considerable authority and power to the regions. As such, the regions now have a larger role and greater responsibility regarding economic development. Around 100 million people are eligible to cast a vote in the world's third-largest democracy. Today, 9 December 2015, has been declared a public national holiday.

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  • Indonesian Rupiah Exchange Rate Depreciates Sharply on New Bill

    The Indonesian rupiah exchange rate depreciated sharply on Monday (29/09) due to the market’s reaction against parliament’s passing of a bill that ends direct elections in the regions. On Friday (26/09), parliament agreed that mayors, district heads and governors will be elected by local legislatures instead of the people. Critics say this bill is a major setback for democracy and makes the system more vulnerable to corruption. Last Friday, investors had already pulled USD $119 million from Indonesian shares.

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  • Economic Growth Brings High Consumer Confidence in Indonesia

    According to research conducted by Nielsen Indonesia, Indonesia's middle class is the world's most optimistic middle class segment in the second quarter of 2013. Indonesia leads the Nielsen Global Survey of Consumer Confidence and Spending Intentions index with 124 points, followed by the Philippines (121 points) and India (118 points). The average global consumer index stands at 94 points. It is interesting to note that Asian countries top the index. The emerging Asia Pacific region is far above the 94-points average with 105 points.

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  • Survey Indicates Declining Popularity of Yudhoyono's Democratic Party

    According to a new survey, the Democratic Party (Partai Demokrat), the political vehicle of president Susilo Bambang Yudhoyono, is increasingly losing popular support. The survey indicates that currently only 7.1 percent of respondents will vote for the Democratic Party in next year's legislative elections. The survey was conducted by the Center for Strategic and International Studies (CSIS) and involved 1,635 respondents from 31 provinces. In combination with results of earlier surveys in the last 12 months, it shows declining support for the party.

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  • Indonesian Government Projects 6.4% to 6.9% Economic Growth in 2014

    In the draft for the State Budget of 2014 (RAPBN 2014), the government of Indonesia projects economic growth of between 6.4 and 6.9 percent. Continued global recovery is expected to result in higher GDP growth compared to 2012 (6.23 percent) as it will result in better demand for Indonesian products, such as commodities. The main pillar of Indonesia's GDP growth - domestic consumption - is expected to grow due to the population's higher purchasing power and the upcoming legislative and presidential elections.

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  • Indonesian Voters Increasingly Turn Away from Islamic Parties

    According to research conducted by Lembaga Survei Indonesia (LSI), a leading Indonesian public opinion research institute, Indonesia's population increasingly prefers nationalist-oriented political parties (these parties stress the importance of a religious pluralist and harmonious society) over Islamic parties, which aim for a more dominant role of Islam in society. In 2014, Indonesia will organize its next legislative and presidential elections.

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Latest Columns Elections

  • Introduction to the November 2023 Report of Indonesia Investments

    Introduction to the November 2023 Report of Indonesia Investments

    It was interesting to read that the Ethics Council of Indonesia’s Constitutional Court decided to remove Anwar Usman from his post as Chief Justice (in early November 2023) after he apparently cast a deciding vote in favour of a controversial revision that allows his nephew-by-marriage, Gibran Rakabuming, to join the upcoming 2024 presidential election as one of the three vice-presidential candidates.

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  • Road to Indonesia’s 2019 Presidential Election: Gap Narrows after 1st Presidential Debate

    On Thursday 17 January 2019 the first debate between the two presidential pairs - (1) Joko Widodo & Ma'ruf Amin and (2) Prabowo Subianto & Sandiaga Uno - took place at Hotel Bidakara in Pancoran (South Jakarta). It is the first one of a total of five planned debates between the presidential and vice-presidential candidates in the months ahead of the legislative and presidential elections that are scheduled for 17 April 2019 (although the date of the 5th debate is yet to be determined).

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

    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

    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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  • 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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  • Indonesia's Infrastructure Spending Below Average, How Come?

    If we take a look at Indonesia's central government spending in the first four months of 2018, then we detect something interesting. Overall, government spending has grown in the January-April 2018 period (compared to the same period one year earlier). However, growth in government spending is led by rising social assistance spending and rising subsidy spending. Meanwhile, growth of infrastructure spending has been much less robust. Does this mean that the Indonesian government has curtailed infrastructure development spending in order to relieve rising pressures on the budget deficit?

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