Indonesia Toyota, Softbank Among Big Investors as Jokowi Eyes 6% Annual Growth (19-29 Jul) Indonesia’s economic growth rate could reach an average of 6% per annum if President Joko Widodo “Jokowi” can attract more investment, according to a proposal from the Planning Ministry. The projected rate...
Indonesia Jokowi Prepares for New Cabinet (4 – 17 Jul) Second-term President Joko Widodo “Jokowi” has started reshaping his cabinet lineup behind closed doors. Tempo.co, quoting officials such as Indonesian Employers Association Deputy Shinta Kamdani, suggested that GoJek CEO Nadiem Makarim could be among those considered for...
Indonesia Tax Cuts and other Measures Mooted to Spur Investment and Unicorns (19, 26 Jun) Finance Minister Sri Mulyani Indrawati announced on Wednesday, 19 June that the Indonesian government is aiming to cut the corporate tax rate from 25% to 20% to spur investment. Indonesia, which has...
Indonesia Jokowi Meets Business Leaders to Discuss Leveraging the Trade War (12 June) President Joko Widodo “Jokowi” met with industry leaders to ask for policy suggestions on how to help Indonesia benefit the most from the trade war. Indonesia has already begun to feel the effects of...
Indonesia Prabowo Ally Kivlan Zen to Be Questioned for Treason, Role in Assassination Plot (28 May) Kivlan Zen, a retired Army general and ardent supporter of Prabowo Subianto, has been in police custody since 29 May for treason allegations and his alleged role in an assassination plot...
Indonesia KPU: Jokowi Wins the 2019 Presidential Election (21 May) The General Elections Commission (KPU) announced that incumbent President Joko Widodo “Jokowi” won the 2019 presidential election early on Tuesday morning, 21 May. The results were in line with unofficial counts conducted by reputable pollsters such...
Indonesia Indonesia Aims to Relocate Capital Out of Jakarta Over 5-10 Years (30 Apr) The cabinet of President Joko Widodo “Jokowi” announced that it intends to begin moving the government out of Jakarta on 30 April, Tuesday. The shift, motivated by increasing traffic congestion in Jakarta and...
Indonesia Absenteeism Fears Unfounded Amid Record Election Turnout (17 Apr) Over 154 million registered voters were estimated to have voted in the election on 17 April, putting turnout at roughly 80%. This is much higher than the turnout of 70.6% in 2014. There had been fears in...
Indonesia Fourth Presidential Debate Excites as Election Nears (30 Mar) The fourth presidential debate between incumbent Joko Widodo “Jokowi” and Prabowo Subianto occurred on 30 March, Saturday, and covered ideology, governance, security and foreign affairs. The two candidates sparred over issues such as Indonesia’s defence budget, which...
Indonesia Jokowi Mulls Creating New Ministries for Investments, Exports (12 Mar) President Joko Widodo (“Jokowi”) said on 12 March that he was considering forming new ministries to tackle declining investment and export growth figures. The Investment Coordinating Board (BKPM) had reported an 30% decline in foreign investment...