Ada Pertanyaan? Hubungi Kami 
2026 Hak Cipta Milik Hukumonline.com
Produk Pilihan
Ada Pertanyaan? Hubungi Kami Antara, Jazmi Adlan Bohari
Following last week’s general election, many parties hoped that the election would result in significant changes for the greater good and in particular better welfare for the Indonesian population. Based on initial results, the Indonesian Democratic Party of Struggle (PDIP) has won the popular vote gaining approximately 19 percent of the total vote.
The runner up is the veteran Functional Group Party (Golkar) with roughly 14 percent of the popular vote, and in the third place is a relatively new political party, the Great Indonesian Movement (Gerindra), with approximately 11 percent of the vote.
These initial results triggered a negative response from the market on the day after the election. The Stock Exchange Index (IHSG) of the Indonesia Stock Exchange (IDX) declined 3.16 percent or 115.68 points to 4.765 last Thursday following sell-offs due to the unexpected results of the election. The top 45 shares (LQ45) also declined to 32.67 points (3.91 percent) to 803.23.
Mirza Adityaswara, Deputy Senior Governor at Bank Indonesia, sees the declining exchange index due to the election as a normal event. He said that there is nothing to worry about as long as the numbers reflecting economic fundamentals remain strong. Further, he asserts that the market expects that Indonesia will continue its reform of many sectors, regardless of who will be in charge for the government.
“The government is continually being reformed in terms of the economy, politics, and law. So, the market will see if the reformation continues,” he emphasized.
Meanwhile, the complexity of Indonesia’s problems have made the public crave for a leader who is capable of solving both economic and welfare issues. Hanta Yudha, Executive Director at the Pol-Tracking Institute stated that 46.54 percent of 1,200 respondents in 33 provinces in Indonesia want their future leader to be able to solve both economic and welfare issues, followed by a leader who is capable of upholding the law and eradicating corruption.
Comments on economic issues and policy also came from the banking sector. Ryan Kiryanto, Chief Economist of PT Bank Negara Indonesia Tbk, said that the public is waiting for economic policy from the new leader that do not radically change current policies.
According to Mr. Kiryanto, a total change to economic policy would be risky as it would impact broadly on general economic conditions. Accordingly, the newly elected president should keep the good policies and repair the bad ones. Investors are currently waiting for the result of the presidential election after the legislative election went smoothly.
“If the presidential election runs well, then investors will have no doubt in investing their money,” said Mr. Kiryanto.
Meanwhile, Armida Salsiah Alisjahbana, the Minister of National Development Planning, said that the new administration must be able to maintain optimal conditions for the macro economy and take control of energy subsidies.
The stability of the macro economy, as Mrs. Alisjahbana said, must be maintained by keeping the current account deficit at the 2.5 percent level. Additionally, she also asserted that the new administration must determine energy subsidies for all types of public and commercial transportation, not for personal vehicles.
“On the production side, Indonesia should invest in oil refineries that can produce fuel domestically,” she concluded.
(hot/kc)
Following last week’s general election, many parties hoped that the election would result in significant changes for the greater good and in particular better welfare for the Indonesian population. Based on initial results, the Indonesian Democratic Party of Struggle (PDIP) has won the popular vote gaining approximately 19 percent of the total vote.
The runner up is the veteran Functional Group Party (Golkar) with roughly 14 percent of the popular vote, and in the third place is a relatively new political party, the Great Indonesian Movement (Gerindra), with approximately 11 percent of the vote.
These initial results triggered a negative response from the market on the day after the election. The Stock Exchange Index (IHSG) of the Indonesia Stock Exchange (IDX) declined 3.16 percent or 115.68 points to 4.765 last Thursday following sell-offs due to the unexpected results of the election. The top 45 shares (LQ45) also declined to 32.67 points (3.91 percent) to 803.23.
Mirza Adityaswara, Deputy Senior Governor at Bank Indonesia, sees the declining exchange index due to the election as a normal event. He said that there is nothing to worry about as long as the numbers reflecting economic fundamentals remain strong. Further, he asserts that the market expects that Indonesia will continue its reform of many sectors, regardless of who will be in charge for the government.
“The government is continually being reformed in terms of the economy, politics, and law. So, the market will see if the reformation continues,” he emphasized.
Meanwhile, the complexity of Indonesia’s problems have made the public crave for a leader who is capable of solving both economic and welfare issues. Hanta Yudha, Executive Director at the Pol-Tracking Institute stated that 46.54 percent of 1,200 respondents in 33 provinces in Indonesia want their future leader to be able to solve both economic and welfare issues, followed by a leader who is capable of upholding the law and eradicating corruption.
Comments on economic issues and policy also came from the banking sector. Ryan Kiryanto, Chief Economist of PT Bank Negara Indonesia Tbk, said that the public is waiting for economic policy from the new leader that do not radically change current policies.
According to Mr. Kiryanto, a total change to economic policy would be risky as it would impact broadly on general economic conditions. Accordingly, the newly elected president should keep the good policies and repair the bad ones. Investors are currently waiting for the result of the presidential election after the legislative election went smoothly.
“If the presidential election runs well, then investors will have no doubt in investing their money,” said Mr. Kiryanto.
Meanwhile, Armida Salsiah Alisjahbana, the Minister of National Development Planning, said that the new administration must be able to maintain optimal conditions for the macro economy and take control of energy subsidies.
The stability of the macro economy, as Mrs. Alisjahbana said, must be maintained by keeping the current account deficit at the 2.5 percent level. Additionally, she also asserted that the new administration must determine energy subsidies for all types of public and commercial transportation, not for personal vehicles.
“On the production side, Indonesia should invest in oil refineries that can produce fuel domestically,” she concluded.
(hot/kc)
Antara, Jazmi Adlan Bohari
Following last week’s general election, many parties hoped that the election would result in significant changes for the greater good and in particular better welfare for the Indonesian population. Based on initial results, the Indonesian Democratic Party of Struggle (PDIP) has won the popular vote gaining approximately 19 percent of the total vote.
The runner up is the veteran Functional Group Party (Golkar) with roughly 14 percent of the popular vote, and in the third place is a relatively new political party, the Great Indonesian Movement (Gerindra), with approximately 11 percent of the vote.
These initial results triggered a negative response from the market on the day after the election. The Stock Exchange Index (IHSG) of the Indonesia Stock Exchange (IDX) declined 3.16 percent or 115.68 points to 4.765 last Thursday following sell-offs due to the unexpected results of the election. The top 45 shares (LQ45) also declined to 32.67 points (3.91 percent) to 803.23.
Mirza Adityaswara, Deputy Senior Governor at Bank Indonesia, sees the declining exchange index due to the election as a normal event. He said that there is nothing to worry about as long as the numbers reflecting economic fundamentals remain strong. Further, he asserts that the market expects that Indonesia will continue its reform of many sectors, regardless of who will be in charge for the government.
“The government is continually being reformed in terms of the economy, politics, and law. So, the market will see if the reformation continues,” he emphasized.
Meanwhile, the complexity of Indonesia’s problems have made the public crave for a leader who is capable of solving both economic and welfare issues. Hanta Yudha, Executive Director at the Pol-Tracking Institute stated that 46.54 percent of 1,200 respondents in 33 provinces in Indonesia want their future leader to be able to solve both economic and welfare issues, followed by a leader who is capable of upholding the law and eradicating corruption.
Comments on economic issues and policy also came from the banking sector. Ryan Kiryanto, Chief Economist of PT Bank Negara Indonesia Tbk, said that the public is waiting for economic policy from the new leader that do not radically change current policies.
According to Mr. Kiryanto, a total change to economic policy would be risky as it would impact broadly on general economic conditions. Accordingly, the newly elected president should keep the good policies and repair the bad ones. Investors are currently waiting for the result of the presidential election after the legislative election went smoothly.
“If the presidential election runs well, then investors will have no doubt in investing their money,” said Mr. Kiryanto.
Meanwhile, Armida Salsiah Alisjahbana, the Minister of National Development Planning, said that the new administration must be able to maintain optimal conditions for the macro economy and take control of energy subsidies.
The stability of the macro economy, as Mrs. Alisjahbana said, must be maintained by keeping the current account deficit at the 2.5 percent level. Additionally, she also asserted that the new administration must determine energy subsidies for all types of public and commercial transportation, not for personal vehicles.
“On the production side, Indonesia should invest in oil refineries that can produce fuel domestically,” she concluded.
(hot/kc)
Following last week’s general election, many parties hoped that the election would result in significant changes for the greater good and in particular better welfare for the Indonesian population. Based on initial results, the Indonesian Democratic Party of Struggle (PDIP) has won the popular vote gaining approximately 19 percent of the total vote.
The runner up is the veteran Functional Group Party (Golkar) with roughly 14 percent of the popular vote, and in the third place is a relatively new political party, the Great Indonesian Movement (Gerindra), with approximately 11 percent of the vote.
These initial results triggered a negative response from the market on the day after the election. The Stock Exchange Index (IHSG) of the Indonesia Stock Exchange (IDX) declined 3.16 percent or 115.68 points to 4.765 last Thursday following sell-offs due to the unexpected results of the election. The top 45 shares (LQ45) also declined to 32.67 points (3.91 percent) to 803.23.
Mirza Adityaswara, Deputy Senior Governor at Bank Indonesia, sees the declining exchange index due to the election as a normal event. He said that there is nothing to worry about as long as the numbers reflecting economic fundamentals remain strong. Further, he asserts that the market expects that Indonesia will continue its reform of many sectors, regardless of who will be in charge for the government.
“The government is continually being reformed in terms of the economy, politics, and law. So, the market will see if the reformation continues,” he emphasized.
Meanwhile, the complexity of Indonesia’s problems have made the public crave for a leader who is capable of solving both economic and welfare issues. Hanta Yudha, Executive Director at the Pol-Tracking Institute stated that 46.54 percent of 1,200 respondents in 33 provinces in Indonesia want their future leader to be able to solve both economic and welfare issues, followed by a leader who is capable of upholding the law and eradicating corruption.
Comments on economic issues and policy also came from the banking sector. Ryan Kiryanto, Chief Economist of PT Bank Negara Indonesia Tbk, said that the public is waiting for economic policy from the new leader that do not radically change current policies.
According to Mr. Kiryanto, a total change to economic policy would be risky as it would impact broadly on general economic conditions. Accordingly, the newly elected president should keep the good policies and repair the bad ones. Investors are currently waiting for the result of the presidential election after the legislative election went smoothly.
“If the presidential election runs well, then investors will have no doubt in investing their money,” said Mr. Kiryanto.
Meanwhile, Armida Salsiah Alisjahbana, the Minister of National Development Planning, said that the new administration must be able to maintain optimal conditions for the macro economy and take control of energy subsidies.
The stability of the macro economy, as Mrs. Alisjahbana said, must be maintained by keeping the current account deficit at the 2.5 percent level. Additionally, she also asserted that the new administration must determine energy subsidies for all types of public and commercial transportation, not for personal vehicles.
“On the production side, Indonesia should invest in oil refineries that can produce fuel domestically,” she concluded.
(hot/kc)