Seminar: General Election 2014, Challenges and Opportunities for Business

Published on 24 June 2014

On June 3rd EuroCham organised a seminar on the upcoming Elections. Speakers were Mr Isach Karmiadji, International Foundation for Electoral System, Mr Ward Berenschot, KITLV (Leiden University), Mr Poltak Hotradero, Head of Research of the Indonesia Stock Exhange.Mr Karmiadji gave an overview of the legislative election and explained the mechanics of the upcoming  presidential election. Generally he saw the legislative election as an orderly and credible event. The DPR turnover rate in 2014 (59%) was less than 75% of the rate in 2009, so we have more incumbents now in parliament. Mr. Berenschot has done years of field work researching local politics in Indonesia. His critical note was that the democratic process has not yet resulted in a substantially better governance, particularly on the local level. Mr Hotradero noted that the next President, whoever wins, will only have limited time before the development plan for the next five years is signed into law. The new President will also have little fiscal room to implement his own agendas, as long as there is no change in the fuel subsidy policy.

Read more: Seminar: General Election 2014, Challenges and Opportunities for Business
 

The 2014 Priority Government Regulation (PP) Drafting Program

Published on 24 June 2014

The 2014 Priority Government Regulation (PP) Drafting Program

On May 20th the President released Presidential Decree No.19/2014 concerning the 2014 Priority Government Regulation (PP) Drafting Program. The decree set out prioritized Government Regulation (PP) to be issued within one year (20 May 2014 – 20 May 2015). There are 80 Government Regulations (PP) in total, which covers the following topics: (i) national security and defense; (ii) the court system; (iii) housing/residential; (iv) health; (v) agriculture; (vi) energy and mineral resources; (vii) taxation; (viii) financial services; (ix) transportation; and (x) other (such as: pension scheme, wages, patents, M&A, food security, mandatory reporting of the use of chemical substance)

 

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