Tempo English Weekly

Economy
Tuesday, February 14, 2017

Market Pulse: Dressing Up for Hot Money

When the political climate heats up, there will be movements of hot money that impact the fate of all Indonesians. These do not come from the illegal fruits of crime, however. Hot money is a term used in financial markets for short-term investment funds that can quickly move around in search of the most profitable investment.

Indonesia is highly dependent on these inflows of hot money. One of the…

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Tuesday, April 18, 2017

Religion in the Runoff

Rebranding Basuki

The BasukiDjarot campaign team is working on Muslim voters who casted their ballots for Agus Harimurti in East and South Jakarta. Religious pilgrimages are being offered to attract them.

Speaking to about 200 residents of Cipinang, Tubagus Ace Hasan Syadzily joked about voter fears of giving their voice for Basuki Tjahaja Purnama (Ahok), the incumbent Jakarta governor who happens to be a Christian.