Below is a list with tagged columns and company profiles.

Today's Headlines Democracy

  • Local Elections Indonesia: Who Are Winning Based on the Exit Poll?

    Local Elections Indonesia: Who Are Winning Based on the Exit Poll?

    On Wednesday (27/06) around 150 million people are estimated to have cast their vote for the local elections in 169 regions across Indonesia (in two Papuan districts elections were delayed due to administrative and security reasons). There have not been any reports of disturbances (including fraud) and we can therefore assume that the elections went peacefully (and fair) across Indonesia.

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  • Regional Elections in Indonesia: Indonesia Votes for Local Leaders

    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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  • Political Update: Pact Awesome Indonesia & Red-White Coalitions

    Tensions within Indonesian parliament may have eased after the two opposing coalitions signed a limited power-sharing pact on Monday (17/11) after weeks of negotiations. This pact is expected to reinforce investor confidence in Indonesian politics amid improved political certainty. Previously, parliament was divided into two rival coalitions: the Awesome Indonesia Coalition (Koalisi Indonesia Hebat), which backs Indonesian President Joko Widodo, and the Red-White Coalition (Koalisi Merah-Putih), which is led by Prabowo Subianto.

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  • Inauguration Joko Widodo Boosts Indonesian Stocks, Bonds & Rupiah

    Indonesian stocks, bonds and the rupiah exchange rate performed well ahead of - and during - the inauguration of Joko Widodo (Jokowi) as Indonesia’s seventh President on Monday morning (20 October 2014). At 10:45 am local Jakarta time, when Jokowi was making his speech in front of the People's Consultative Assembly (MPR), the Jakarta Composite Index had surged 1.36 percent to 5,097.25 points, while the rupiah had appreciated 0.78 percent to IDR 12,015 per US dollar according to the Bloomberg Dollar Index.

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  • Joko ‘Jokowi’ Widodo Becomes Indonesia’s 7th President Today

    Today (Monday 20 October 2014) Joko Widodo, popularly known as Jokowi, will be inaugurated as the seventh President of the Republic of Indonesia, effectively ending the decade-long leadership of Susilo Bambang Yudhoyono. The inauguration will take place in Jakarta’s DPR/MPR building, the seat of government for the Indonesian legislative, while most of the celebrations will take place around Monas (National Monument) in Central Jakarta. Jokowi is likened by many due to his humble background and his reform-mindedness.

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  • Joko Widodo Meets Prabowo Subianto, Indonesia’s Political Tensions to Ease?

    Political uncertainties in Indonesia brought on by the rivalry between president-elect Joko Widodo (popularly known as Jokowi) and defeated candidate Prabowo Subianto may have eased somewhat as both men met on Friday morning (17/10) in Jakarta. After the meeting Subianto stated that he fully supports the Jokowi-led government, while Jokowi stated that he is open to receive criticism from opposition in the House of Representatives (DPR). Jokowi will be inaugurated on 20 October 2014 as Indonesia’s seventh president.

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  • Indonesia Political Update: Prabowo Controls Majority in MPR

    After a long plenary session of the People’s Consultative Assembly (or MPR), Zulkifli Hasan has been elected as the Speaker of the MPR for the period 2014-2019. Zulkifli Hasan, a former Indonesian Forestry Minister, is backed by the Merah-Putih coalition and thus his election constitutes another blow for president-elect Joko Widodo (popularly known as Jokowi). The Merah-Putih coalition is a coalition of six political parties that support vindictive defeated presidential candidate Prabowo Subianto.

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  • Indonesia Investments' Newsletter of 5 October 2014 Released

    On 5 October 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. Most of the topics involve economic topics such September inflation, August trade balance, the IPO of Blue Bird, a rupiah and stock update, a new plantations bill, political developments, and more.

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  • Yudhoyono to Issue Presidential Decree to Block Regional Elections Law

    Indonesian President Susilo Bambang Yudhoyono announced to issue a presidential decree to override parliament’s approval of the controversial regional elections law. This new bill passed the House of Representatives (DPR) on Friday last week. Immediately institutions and people objected to the bill - which abolishes direct elections for regional leaders (leaving it to regional legislatures to elect mayors, district heads and governors) - as it is considered a step back for the country’s young democracy and reduces transparency.

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  • Update Indonesia’s Regional Election Law: SBY Has ‘Plan B’

    Incumbent Indonesian President Susilo Bambang Yudhoyono (SBY) announced on Tuesday (30/09) that he prepares a plan to undermine the new bill - accepted by Indonesia’s House of Representatives (DPR) - that blocks direct elections for regional leaders (leaving it to regional legislatures to elect mayors, district heads and governors). Many institutions and people have objected against the new bill as it is regarded a setback for the democratization process in Indonesia. SBY also immediately expressed its concern about the passing of the new bill.

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Latest Columns Democracy

  • 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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  • Presidential Election Indonesia 2019: Another Jokowi-Prabowo Battle?

    Presidential Election Indonesia 2019: Another Jokowi-Prabowo Battle?

    Indonesia's 2019 presidential election is likely to become another battle between incumbent President Joko Widodo (Jokowi) and Gerindra party Chairman Prabowo Subianto. Both men had already been engaged in a fierce contest in 2014, one that was only narrowly won by Jokowi. On Wednesday evening (11/04) Subianto formally accepted the mandate of the Gerindra party to compete as presidential candidate in the 2019 presidential election (scheduled for 17 April 2019).

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  • Remarkable News Indonesia: to Insult or Criticize the President?

    Remarkable News Indonesia: to Insult or Criticize the President?

    In the past couple of days Indonesian media touched upon the government’s proposal to revive a law that had been removed by Indonesia’s Constitutional Court in 2006. This law makes the act of insulting the Indonesian president an illegal act and can lead to prison sentences and fines. Criticism on the government’s proposal immediately emerged as several legislators and human rights activists fear that freedom of speech will be curtailed in the young democracy. Moreover, it can further erode public support for President Joko Widodo.

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  • Rupiah Exchange Rate Indonesia: Why Did it Appreciate on Wednesday?

    The Indonesian rupiah exchange rate appreciated 0.76 percent to IDR 12,481 per US dollar on Wednesday (21/01) based on the Bloomberg Dollar Index. The performance of the rupiah was in line with most other emerging Asian currencies as Japan’s yen strengthened (against the US dollar) after Japan’s central bank announced to maintain an accommodative monetary policy in an attempt to boost inflation to two percent (y/y). Furthermore, speculation about quantitative easing in Europe boosted attractiveness of riskier Asian assets.

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  • Battle Jokowi-Prabowo; Democratic Future of Indonesia in Jeopardy?

    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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  • Despite Sharp Rupiah Depreciation, Indonesian Stocks Rise 0.18%

    The benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) rose 0.18 percent to 5,142.01 points on Monday (29/09) despite the sharp depreciation of the Indonesian rupiah exchange rate. Possibly market participants took advantage of relatively cheap blue chip stocks after the 1.3 percent drop on Friday (26/09) caused by negative market sentiments brought about by the parliament’s passing of a bill which abolishes direct voting of regional leaders. Foreign investors recorded net selling of IDR 542.4 billion.

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  • Elections Signals Big Questions on Indonesia's Future Democracy

    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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  • Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo

    Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo

    Sunday evening (15/06), the second debate between Indonesia’s two presidential candidates - Prabowo Subianto and Joko ‘Jokowi’ Widodo - was held. This debate was broadcast live on various Indonesian television stations and - once again - managed to become a trending topic on social media. The debate, the theme of which was ‘development of the economy and social welfare‘, was characterized by a nationalistic and protectionist tone. This tone had already been set by Subianto in the past weeks but now Jokowi also stressed protectionism.

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  • Can Joko Widodo Accelerate the Democratization Process in Indonesia?

    Can Joko Widodo Accelerate the Process of Democratization 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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