NEWS FLASH

UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: ECONOMIC UPSWINGS AND POL...

Time to Move On
INDONESIA · Report · 21 Apr 2017

The gubernatorial election in Jakarta was accomplished peacefully. Police backed by the Army did a great job in defusing the mobilization of people from outside Jakarta who would have liked to oversee the election and indirectly might have intervened in the polling process. The quick count by all...

Jakarta Election Fever
INDONESIA · Report · 30 Mar 2017

Indonesian politics in the past few months have been heavily influenced by the gubernatorial election in Jakarta. The incumbent governor, Basuki Tjahaja Purnama, famously known as "Ahok", has been challenged by Anies Baswedan. Ahok has double minority status; he is both Chinese and a Christian, w...

Confirming the Export Turn-Around
INDONESIA · Report · 02 Mar 2017

In my previous report, I highlighted the turn-around in the export sector based on the preliminary data. The latest data on exports further confirmed the turn-around, which provides broad space for improvement in the overall economy. The rise of China as the number one export destination in the l...

Export Turnaround
INDONESIA · Report · 02 Feb 2017

In the past few months, Indonesian exports have shown signs of a turnaround. While exports had been showing declines since 2012, in the past few months we have seen export figures that have been growing year over year. This turnaround has been accompanied by the increase in commodities prices. At...

Ending 2016 With Greater Hope
INDONESIA · Report · 28 Dec 2016

This report marks the final 2016 report on the Indonesian economy. At the beginning of the year, hope abounded that the Indonesian economy would be greatly supported by government infrastructure spending. Indonesian corporations and businesses were also relatively optimistic, as measured by the B...

External and Internal Driven Volatility
INDONESIA · Report · 28 Nov 2016

In concert with other emerging-market countries, the Indonesian economy underwent a bit of volatility after the election of Donald Trump as the new President of the United States. However, in the Indonesian context, volatility was also influenced by internal politics after the November 4, 2016 de...

Indonesia: Promotion Drive for Tourism
INDONESIA · Report · 01 Nov 2016

In the past few months, the Indonesian government has intensified its drive to promote tourism. Increasingly it believes that aside from sectors such as agriculture, mining, manufacturing, tourism is the next promising sector to which it should give priority. There are 10 new tourist destinations...

Progress on Tax Amnesty
INDONESIA · Report · 28 Sep 2016

The issue of the tax amnesty program took center stage in forums across the country. Many gatherings were conducted by official agencies and banks, including many held in various churches, to disseminate information on the tax amnesty. Most tax consulting offices have been overbooked and declined...

Growth is Gaining Momentum
INDONESIA · Report · 30 Aug 2016

The Central Board of Statistics recently released the National Account Statistics for the second quarter of 2016, which reported an accelerated rate of economic growth. This latest performance exceeded general expectations, including those of the Central Bank. The growth performance was very much...

Tax Amnesty Euphoria
INDONESIA · Report · 01 Aug 2016

With the enactment of the Tax Amnesty Law, the month of July can be considered a historic month for fiscal policy. The law was developed by the Ministry of Finance, especially by the Directorate General of Tax, with the full support of the Association of the Employers (APINDO). The enactment of t...

One Million IDs
INDONESIA · Report · 01 Jul 2016

Indonesian politics continued to heat up with the achievement of one million IDs collected by a group called “Teman Ahok”, or “Friends of Ahok” in Bahasa Indonesia, to support the candidacy of “Ahok” (Basuki Tjahaja Purnama) to run for governor of Jakarta. Formally the candidacy required 7.5% of ...

A Sign of Slower Growth?
INDONESIA · Report · 31 May 2016

The Central Board of Statistics recently released the National Account Statistics for the first quarter of 2016, which reported slower-than-expected growth. General expectations were that Indonesian economic growth would be somewhat higher than the previous quarter, but the CBS reported a rate of...

Growing Confidence in the Government
INDONESIA · Report · 25 Apr 2016

In his second year in office, President Joko Widodo apparently has succeeded in garnering more confidence in his presidency. This conclusion was derived from the recent survey conducted by SMRC (Syaiful Mujani Research and Consulting), released in mid-April 2016. The path of confidence in Jokowi’...

Going Independent
INDONESIA · Report · 31 Mar 2016

Indonesians politics has entered into a very interesting territory in the form of the Jakarta’s election. Jakarta, as the capital city of Indonesia, has become new bell weather for the Indonesian politics since the ascent of the former Jakarta’s Governor to become the Indonesian President. Theref...

A Stronger Rebound
INDONESIA · Report · 26 Feb 2016

Encouraging news was reported by The Central Board of Statistics: Indonesian economic growth in Q4 2015 was higher than expected. In Q3 indications of a turning point had emerged but they were not strong enough to ensure a real turnaround. Previously, such a weak turning point later on turned bac...