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Last week Indonesians chose their second popularly elected president, solidifying the nation's transition into democracy 16 years after the Suharto regime ended amid massive social upheaval. Politically, they're as distant as can be, but they have
Indonesian economy presents a major opportunity for foreign companies and the victory Joko Widodo in presidential elections could enhance that opportunity, QNB Group says in a report. Joko Widodo (better known as Jokowi) and his vice-presidential
The Jakarta composite index (JCI) closed lower on Friday on investors concerned with political uncertainty over claims of massive election rigging. The index of the Indonesian Stock Exchange (BEI) fell 0.19 percent to 5,088.80 points with index of 45
Indonesia (AP) Indonesia's anti-graft court sentenced a former Cabinet minister on Friday to four years in prison for corruption related to the construction of a multimillion-dollar sports complex. Former Youth and Sports Minister Andi Alfian
Unitary State of the Republic of Indonesia) bills, which will be issued on August 17, 2014, deputy governor Ronald Waas said here on Wednesday. "All the preparations have been completed for the issuance of the new bill on August 17," he said. Ronald
Indonesian stocks rose on Wednesday, led by shares of large cap companies on hopes that Joko "Jokowi" Widodo would win the presidential poll and find a friendlier parliament that may help push through a reform agenda. Other Southeast Asian markets
Indonesians are holding their breath while the Election Commission tally their votes in the presidential election...Most market players privately acknowledge Joko Widodo has won against ex-military general Prabowo Subianto in last week's election.
According to a survey by The Nation, most listed and non-listed corporates that struggled after the devaluation of the baht in 1997 now post healthy financial results, maintaining their debt-to-equity ratios at not over 2:1. Companies listed on the
The Jakarta composite index (JCI) of the Indonesian Stock Exchange (BEI) opened slightly lower on Tuesday. The JCI fell 0.93 point or 0.02 percent to 4,877.65 points with index of 45 most liquid stocks down 0.03 percent to 822.43 points.
Both candidates have pledged to strengthen the KPK if elected. Indonesia ranked 114 out of 177 countries in a 2013 survey by corruption watchdog Transparency International, with parliament, police, and the judiciary perceived to be the most corrupt