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Topic: Economics Tag

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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05 Jan [Premium] Country Update: 19 December 2018 – 4 January 2019

Indonesia Indonesia Closes the US$3.85 billion Freeport-McMoRan Mine Deal (21 Dec 2018) Indonesia’s state-owned mine company PT Inalum took control of the local unit of Freeport-McMoRan Inc on 21 December, Friday, giving it control of the massive Grasberg copper mine. The deal hands Inalum a 51.23% stake...

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19 Dec [Premium] Country Update: 8 December – 18 December 2018

Indonesia Jokowi to Double Cash Handouts under PKH (11 Dec) Social Affairs Minister Agus Gumiwan Kartasasmita told reporters that the PKH aid programme would double in scope from US$1.3 billion to US$2.6 billion in 2019. The programme, aimed at 10 million families, will be dispersed in four...

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07 Dec [Premium] Country Updates: 24 November – 7 December 2018

Indonesia 212 Reunion Rally Turns Political (2 Dec) Hundreds of thousands of Indonesian Muslims gathered in Central Jakarta on Sunday, 2 December, to commemorate the second anniversary of widespread protests against Jakarta’s then-governor, Basuki “Ahok” Purnama. The rally also took on a political tone as Islam Defenders...

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23 Nov [Premium] Country Updates: 10 – 23 November 2018

Indonesia Surprise Rate Hike by Bank Indonesia due to Widening Current Account Deficit (15 Nov) Indonesia’s central bank surprised observers with its sixth rate hike in 2018, bringing its benchmark rate to 6%. Bank Indonesia Governor Perry Warjiyo explained that the hike was aimed at reducing the...

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23 Nov Commentary: Southeast Asia must guard against digital domination risks

"As businesses and supply chains transform, it is necessary for ASEAN to prepare for the inevitable digitization of the regional economy." - Chen Chen Lee, SIIA director of policy programmes, Nikkei Asian Review commentary Full article: Southeast Asia must guard against digital domination risks [First published in Nikkei...

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