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...
April 2019 | As a number of you have asked about events such as the Thai elections, the SIIA convened a corporate briefing on 28 March to discuss political and economic developments in ASEAN. The contents were based on the findings of our new country...
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...
Nearly a year has passed since Pakatan Harapan (PH) took office in May 2018. The new government has undertaken efforts to address Malaysia’s fiscal weakness and reform its institutions. But how are investors reacting to the first year of PH’s governance, and what challenges lie...
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...
By Chen Chen Lee and Lau Xin Yi For The Jakarta Post Relations between the European Union and Malaysia and Indonesia hit an obstacle when Malaysia’s Prime Minister Mahathir Mohamad and Indonesia’s Coordinating Maritime Affairs Minister Luhut Pandjaitan recently threatened to boycott EU’s products if the bloc...