December 2019
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Topic: Business Tag

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05 Dec [Premium] Country Update: 21 November – 4 December 2019

Indonesia   Jokowi Pushes Back Against Constitution Amendment Proposals (2 Dec – Ongoing) President Joko Widodo “Jokowi” expressed his opposition towards proposals to amend the 1945 constitution on Monday, 2 December. The proposals were based on a Suharto-era framework called the Broad Guidelines of State Policy (GBHN), and...

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20 Nov [Premium] Country Update: 8 -20 November 2019

Indonesia   Indonesia’s 2019 Budget Deficit Expected to Exceed Earlier Estimates (18 Nov) Finance Minister Sri Mulyani Indrawati told reporters that the 2019 budget deficit is now expected to reach up to 2.2% of Indonesia’s gross domestic product (GDP), up from an initial target of 1.84%. This revision...

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13 Nov [Premium] Infographic: Malaysia’s Budget 2020

Malaysia's Budget 2020 was unveiled by Finance Minister Lim Guan Eng on Friday, 11 October. While not as ambitious in terms of spending as Budget 2019, it had a number of interesting features that warrant a closer look. In addition, concerns have been raised about...

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07 Nov [Premium] Country Update: 24 October – 7 November 2019

Indonesia   No Plans to Issue Regulation to Revoke KPK Bill: Jokowi (1 Nov)  Indonesian President Joko Widodo “Jokowi” told reporters on Friday, 1 Nov that he did not intend to revoke the revised bill for the Corruption Eradication Commission (KPK). The law, which was passed in September...

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23 Oct [Premium] Country Update: 10 – 23 October 2019

Indonesia   Jokowi Inaugurated for Second Term (20 Oct)  Indonesian President Joko Widodo “Jokowi” was sworn in for a second term on Sunday, 20 October. He had won 55.5% of the vote in the April election, 11% more than his opponent, Prabowo Subianto. At the inauguration ceremony...

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10 Oct [Premium] Country Update: 26 September – 9 October 2019

Indonesia   Protests Continue as Jokowi Considers His Next Move (26 Sep – Ongoing)  Jakarta and other cities across Indonesia continued to experience violent protests as tens of thousands of students and other groups clashed with police. These rallies were the biggest of their kind since the...

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27 Sep The Implications of China’s Economic Slowdown

China’s economy is continuing to slow, with growth dropping to 6.2 per cent in the second quarter of 2019, the lowest in 27 years. We held a talk on 24 September 2019 with Dr Chen Gang, Assistant Director and Senior Research Fellow of the East Asian...

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25 Sep [Premium] Country Update: 12 September – 25 September 2019

Indonesia   Severe Haze Disrupts Activities Across Sumatra and Kalimantan (12 Sep - Ongoing)  The aviation, shipping and education sectors in the islands of Sumatra and Kalimantan have been affected as a severe haze blankets the region. Singapore and Malaysia have also been badly affected by the haze,...

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11 Sep [Premium] Country Update: 29 August – 11 September 2019

Indonesia   Proposed Changes to Criminal Code and KPK Spur Concerns (28 Aug – 11 Sep) National legislators in Indonesia are expected to vote on a new penal code on 24 September, replacing the current code inherited from its Dutch colonial rulers. If the law is approved, it...

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