Market Pulse: Negative Tradition of the Fourth Quarter
Be prepared, for in the Q4-2017 Indonesias economy will go back into a slowing cycle. This pattern has long been a tradition. Every year, in the fourth quarter, Indonesia always experiences negative economic growth. The problem is, this time the situation could be worse if we look at tax earnings until September.
At least, this is the concern among the business community. Government tax earnings as of September have…
Some surveys have narrowed the field down to Joko Widodo and Prabowo Subianto as presidential candidates likely to run in the 2019 general election. Jokowi has officially been named presidential candidate, with the support of seven parties eligible to run in the general elections. And it is only a matter of time before Prabowo announces his candidacy.