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Topic: Business Tag

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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29 Aug [Premium] Country Update: 15 – 28 August 2019

Indonesia   NasDem Demurs as Jokowi Finalises Selection of His New Cabinet (14-17 Aug)  President Joko Widodo “Jokowi” announced on Wednesday, 14 August that he had finalised the selection of his new cabinet. While the full list of ministers would only be announced after the start of his...

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14 Aug [Premium] Country Update: 1 – 14 August 2019

Indonesia   Blackout Ordeal in Java Leads to Questions, Lawsuits (4-8 Aug)  Indonesian citizens across the island of Java were hit by a sustained electricity outage on Sunday, 4 August, following disruptions to several power plants. Tens of millions were affected as traffic lights, cashless payment services and...

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03 Jul [Premium] Country Update: 20 June – 3 July 2019

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...

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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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