OPINION
Failure to pay debts: Beginning of a crisis?
IO - In many countries, economic crisis’ begins with failures to pay debt, whether it is government or private debt. In Indonesia, the worry has been that government debt, specifically foreign exchange debt which...
Champion the four pillars of corruption eradication
IO - President Jokowi’s “victory address” in Sentul on 14 July 2019 neglected to mention the issue of corruption eradication. He did however state that building a clean and dignified Government would be a...
Anomalies and controversies in Indonesian investments
IO - The
Government of Indonesia is reportedly anxious about the downward trend of
investments in Indonesia over the past several years. Such anxiety is
understandable, as investments form the backbone of the economy. In other
words, without...
Completing his homework in the second period
IO - Politically,
the meeting of Jokowi and Prabowo was informal, but nevertheless carries great
significance as a political reconciliation, impacting on the economy, economic
policy, and future Indonesian stability.
In a political
economy, the electoral process that...
Samsung heel
IO -
Because
there is this one. That will complicate East Asia. What I also wonder: where
our opportunities are.
“War exploded trade between Japan and South Korea”.
Fellow chum United States.
Samsung, LG and SK Hynix...
President Jokowi vs. Pertamina’s President Director: which one is correct about oil & gas imports?
IO - President Jokowi is fretting as he ponders recent economic developments. The President’s cabinet received a strong reprimand and instruction to immediately improve.
Why not! The current
account deficit is increasing from year to...
Fragile economy? Jokowi promises “crazy” policies
IO - The title for this article is taken from the episode title of the Indonesia Business Forum talk show, broadcast in TVOne on 3 July. The title aroused varied reactions among the people,...
Continued economic issues will culminate with the collapse of the 2019 State Budget
IO - It will be very hard for Jokowi’s Government to save the 2019 State Budget. This is not just because of the transition period that we are having due to the 2019 Elections,...
Chronic deficits threaten economic sovereignty
IO -
The
Current Account Balance began to experience a deficit since the fourth quarter
of 2011. This deficit has continued to the present. Even the current account
deficit of 2018, is getting bigger, reaching 31.1 billion US...
Trade war and political turmoil in Indonesia
IO - “Indonesia has lost its ability to prepare for external trade wars, while nationally, the government has lost momentum for political consolidation, because of the divide in politics that has been taking place...
Worrisome condition of State finances and fiscal management
IO - Recently, there have been rumors that the State Treasury is near-empty, and tax refunds for taxpayers are being delayed. Is this true? What is the country’s actual financial condition?
Our State financial and...
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