Widodo Scuppers KPK, World Bank Warns About Policy Credibility -- And Ministers Dither
President Widodo allowed a disreputable two-star police general to become the next chair of the crown jewel of Indonesia's public sector, the...
517 Views
Tax Package Offers Sweeping Cuts for 2021 / KPK Under Attack / Governance Issues Hampering Outlook
A sweeping tax plan would lower income tax for companies and individuals, removing tax on domestically re-invested dividends and fix rules that...
473 Views
Monetary Policy Will Be More Supportive Amid Sluggish Growth & Better External Balances
We expect another 50bp of policy rate cuts in Indonesia over the final 4 months of 2019, and are consequently Overweight Indonesia, particularly...
570 Views
Governance Risk Looms Larger / Papua Crisis Worsens / Budget Lacks Stimulus / Health Premium Rise
A lackluster and problematic short list of 20 names for the next Anti‑Corruption Commission (KPK) raises concern that the president will allow the...
481 Views
BI's Bold Cut / Balikpapan, 'DC' / Widodo Calls (Again) For Change / Update on Cyber, Labor Bills
Bank Indonesia cut its rate by 25bps for the 2nd time in two months, banking on the Fed doing similarly next month. With short-term inflows...
633 Views