Indonesia Investments' News Columns section contains articles with a detailed analysis regarding topics that have high news value in Indonesia and can be regarded as topics that are capable of influencing Indonesia's investment climate. Most columns published in this section cover subjects related to politics, economics and social matters. By following these publications on a regular basis, one will be apprised of what is happening in Indonesia and - just as important - understand why it is happening.
On Wednesday 14 February 2024, a total of around 204.8 million Indonesian voters were allowed to choose the new president for the 2024-2029 period. And while not all people will take advantage of their right to vote (and there always is a number of invalid votes), we do expect more than 80 percent of that total to have shown up on Valentine’s Day.
At the start of the New Year we are taking a look at renewable energy development in Indonesia, specifically the case of solar power. Solar power is energy from the Sun that is converted into thermal or electrical energy, either through photovoltaic (PV) panels or through mirrors that concentrate solar radiation. The electrical energy can be used to generate electricity, or, it can be stored in batteries or thermal storage.
With Indonesia’s legislative and presidential elections approaching (on 14 February 2024), we plan to give an update on the elections each month. As we have repeatedly emphasized, these elections are crucial as incumbent President Joko Widodo cannot compete due to the two-term cap. And so, someone else will be behind the country’s political and economic steering wheel.
It was interesting to read that the Ethics Council of Indonesia’s Constitutional Court decided to remove Anwar Usman from his post as Chief Justice (in early November 2023) after he apparently cast a deciding vote in favour of a controversial revision that allows his nephew-by-marriage, Gibran Rakabuming, to join the upcoming 2024 presidential election as one of the three vice-presidential candidates.
