Market Pulse: Easier Managing Economics Than Politics
Rising political tensions, preceeding the 2019 presidential elections, is one dark worrying cloud, which could hamper the budding signs of this year's economic recovery.
Last week, after the defeat of former Jakarta governor, Basuki Tjahaja Purnama (Ahok), in last months municipal elections, he faced a 2- year court sentence on blasphemy charges. This flared simmering tension between Ahok supporters and opposing groups leading up to and after the…
Two weeks have passed, and the cargo ship MV Ever Judger has not left the waters of Balikpapan Bay in East Kalimantan. This ship, which sails under the flag of Panama, should have set sail on March 30, leaving Balikpapan with a cargo of 74,000 tons of coal, headed for Lumut, Perak, Malaysia. The captain had been authorized to leave by the port authority.