During the last couple of years of Susilo Bambang Yudhoyono (SBY)'s second cabinet (2009-2014) there erupted a number of high profile corruption cases that involved several of his ministers as well as leading figures in his Democratic Party (in Indonesian: Partai Demokrat, abbreviated as PD). As a result, the PD party dropped significantly in the 2014 parliamentary election (this loss was also caused by the inability of SBY to find a new charismatic leader for the party, while SBY himself could not participate in the 2014 presidential election as he was finishing his final presidential term).

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On 23 April 2017, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website over the last seven days. Most of the topics involve economy-related and political topics such as the 2017 Jakarta gubernatorial election, monetary policy, inflation, Mike Pence's visit to Indonesia, trade data, the bond market, and more.

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Charoen Pokphand Indonesia, the nation's largest producer of poultry feed, day old chicks and processed chickens, is set to acquire convenience store (franchise) 7-Eleven from Modern Putra Indonesia, a subsidiary of Modern Internasional. The deal, which is worth IDR 1 trillion (approx. USD $75 million), now only requires approval from Modern Internasional's shareholders. Rumors about this take-over had been heard since late March 2017.

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Indonesian stocks made a remarkable rebound on Friday (21/04). The benchmark Jakarta Composite Index gained 1.24 percent to 5,664.48 points on the last trading day of the week (coming Monday Indonesian markets are closed for the remembrance of the ascension of the Islamic Prophet Muhammad). Meanwhile, the Indonesian rupiah appreciated 0.01 percent to IDR 13,322 per US dollar on Friday (Bloomberg Dollar Index).

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