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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesian president-elect is signaling 'balanced' approach to regional security, analyst saysLina Alexandra of the Department of International Relations at CSIS discusses the implications of Indonesian President-elect Prabowo Subianto's meeting with Chinese leader Xi Jinping in Beijing on Monday.
Persons: Lina Alexandra, Prabowo Subianto's, Xi Jinping Organizations: Department of International Relations, CSIS Locations: Beijing
Prabowo Subianto, Indonesia's presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. JAKARTA — Indonesia's Defense Minister Prabowo Subianto is set to become the next president in October after voters handed him a strong mandate at the Feb. 14 election. Under Widodo, Indonesia's gross domestic product has grown steadily at around 5% over the past decade — barring the pandemic years of 2020 to 2021. "Because at the end of the day, the voters will compare the economic policies which have been delivered well by the incumbent president with the next president." On the campaign trail, Prabowo's discussions on economic policy were limited, and mainly focused on promises to continue the Widodo administration's signature downstreaming policy.
Persons: Prabowo, Prabowo Subianto, Gibran Rakabuming Raka, Joko Widodo, who's, Josua Pardede, Peter Mumford, Erick Thorir, CNBC's Martin Soong Organizations: JAKARTA — Indonesia's, General, Commission, Investors, Permata Bank, Eurasia Group, CNBC Locations: Jakarta, Indonesia, JAKARTA, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJob creation is key in our investments and partnerships with other countries: Indonesia ministerIndonesia's state-owned enterprises minister, Erick Thohir indicates that the tax system in Indonesia will be overhauled under Prabowo's administration to boost economic growth and create jobs.
Persons: Erick Thohir Locations: Indonesia, Indonesia's
“The most important objective of democracy is giving people the leaders and representatives they want,” Prabowo told reporters from his pool. Antara Foto/Galih Pradipta/ReutersMany are excited about a Prabowo presidency, like this hardcore supporter who has clearly taken his support to the extreme. Bagus Saragih/AFP/Getty ImagesMore recently, Prabowo has presented himself as a loyal Jokowi ally, serving as his defense minister for the past five years. Experts say Prabowo, known for his fiery speeches, military background and combative past will make for a very different kind of president. Indonesia has long been one of Australia’s most important bilateral relationships and experts say that will not change with Prabowo in charge.
Persons: Prabowo Subianto, ” Prabowo, Prabowo, Indonesia’s, Partai Probawo, Gibran, “ Prabowo, , Zachary Abuza, Abuza, , Antara, Pradipta, Saragih, Widodo, Barack Obama, Tom Pepinsky, Rodrigo Duterte, Javier Milei, Trump, ” “, Dita Alangkara, Jokowi, Jacqui Baker, Laura Schwartz, Schwartz, Gibran Rakabuming Raka, Adek Berry, Chong Ja Ian, Suharto, , Dan Slater, Prabowo “, ” Slater, Chaideer Mahyuddin, Chong, Juni Kriswanto, Usman Hamid, Papuans, Veronica Koman, ” Koman Organizations: CNN, National War College, Getty, Southeast Asia, Cornell University, , Center, Research, Senior Southeast, National University of Singapore, Center for Emerging Democracies, University of Michigan, Muda Airforce, Amnesty International Locations: Jakarta, United States, South Jakarta, Washington ,, AFP, Indonesia, Singapore, Ukraine, Russia, China, Australia, Asian, Perth, Asia, Beijing, Washington, “ Washington, Sultan, Muda, Aceh, West Papua, South China, Tentara Nasional Indonesia, Southeast Asia, , Papua, Amnesty International Indonesia, restive, Indonesian, East Timor
As Prabowo Subianto looks set to succeed Joko Widodo as President, economic growth remains resilient and inflation has stayed low over the past year. But external risks, including Russia's war on Ukraine, continue to cloud the horizon. The World Bank warned in January that global growth will slow for the third consecutive year, to 2.4% in 2024, when the global economy may record the slowest half-decade of GDP growth in 30 years. The government remains hopeful of hitting its 5.2% target in 2024, said Coordinating Minister for Economic Affairs Airlangga Hartarto in early February, acknowledging the risks posed by global economic turmoil, such as the Ukraine-Russia conflict. Regional leadershipTo reach developed country status, a nation typically requires sustained annual economic growth of 7% for 15 consecutive years.
Persons: Prabowo, Joko Widodo, Krisna Gupta, Widodo, Economic Affairs Airlangga Hartarto, Sri Mulyani, Radityo Dharmaputra, Indonesia's Organizations: World Bank, State of, Global, Center, Indonesian, Center for Indonesian, Studies, Bank, Economic Affairs, for Economic Co, OECD, Universitas Airlangga, Ukraine, Insider Studios, Foreign, Commonwealth & Development Office Locations: Indonesia, Ukraine, State, Russia, Jakarta, Southeast Asia, Crimea, Subianto
Many voters say they were drawn to president-in-waiting Prabowo Subianto's ticket in part because of the ex-commander having Jokowi's eldest son Gibran Rakabuming Raka as his running mate. That puts Gibran on track to be the youngest vice president in Indonesia's history. Gibran's path to the vice presidency has also raised questions about how prepared he is to step up to the national stage, even if the vice presidency is a position with limited power and influence. Past vice presidents have typically tended to play a low-key role, unless given a specific mandate by the president. Jokowi has repeatedly denied he was involved in Gibran's decision to run for mayor, and then for the vice presidency.
Persons: Ananda Teresia, Kate Lamb JAKARTA, Joko Widodo, Prabowo, Gibran Rakabuming Raka, Gibran, Jokowi, Kevin O'Rourke, Gibran's, Suharto, Kanupriya Kapoor, Kay Johnson, Raju Gopalakrishnan Locations: Jakarta, Singapore, Australia, Indonesia
Rights activists say it was inspired by mothers in Argentina, who staged silent protests every Thursday in memory of people who were killed or disappeared during the 1976-1983 military rule there. Other portraits of the young man were hanging on the wall of his drawing room. In the wake of Suharto's resignation, Paian said he and his family visited hospitals and police stations searching for his son. Indonesia's human rights commission completed its report on the incident in 2006, which was submitted to authorities. But no action has been taken on its recommendation to set up a special human rights court to try those suspected in the disappearances in 1997-98.
Persons: Kate Lamb JAKARTA, Indonesia's, Ucok, Prabowo, Prabowo's, Paian, We're, Suharto's, Suharto, Budiman, he's, Raju Gopalakrishnan Organizations: Commission Locations: Jakarta, Argentina, West Java
Analyst says Prabowo is likely to continue Jokowi's policies
  + stars: | 2024-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst: Prabowo likely to continue Jokowi's policies, though many regard promise as 'lip service'Siwage Dharma Negara, senior fellow at the ISEAS-Yusof Ishak Institute, discusses the Indonesian presumptive president-elect's promise that he will continue President Joko Widodo's programs and policies.
Persons: Joko Organizations: Dharma Negara, Yusof, Institute
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPertamina Geothermal Energy discusses outlook for geothermal energy under a Prabowo administrationJulfi Hadi, president director of Pertamina Geothermal Energy, says he's "very confident" that geothermal energy will receive the same amount of attention as nickel downstreaming under a Prabowo administration.
Persons: Julfi Hadi Organizations: Energy, Pertamina Geothermal Energy
A loyal acolyte of a popular president with few achievements of his own. Prabowo Subianto has been called all of these over the years he has sought power in Indonesia. Unofficial tallies from Wednesday’s election show him winning a decisive victory, with nearly 60 percent of the vote. During the campaign, Mr. Prabowo repeatedly promised that he would continue on the path and policies charted by Joko Widodo, the popular departing president. But it remains unclear what kind of leader Mr. Prabowo, 72, will be.
Persons: apparatchik, Prabowo Subianto, Prabowo, Joko Widodo, Joko, Probowo, Gibran Rakabuming Raka, Prabowo’s, Mr Locations: Indonesia
One major question is how well, and for how long, his alliance with outgoing President Joko Widodo, or "Jokowi", will hold. On the campaign trail Prabowo has promised policy "continuity", but analysts say that is far from guaranteed. "Make no mistake a President Prabowo would be his own president." 'UNCERTAINTY' ON THE CARDSIn contrast to Jokowi, Prabowo is from an elite family, the son of a prominent Indonesian economist and the ex-son-law of the country's former authoritarian ruler, Suharto. Once his victory is officially endorsed, Prabowo will assume the controls of Southeast Asia's biggest economy on October 20.
Persons: Kate Lamb JAKARTA, Prabowo Subianto, Prabowo, Long, general's, Joko Widodo, Liam Gammon, Jokowi, Doug Ramage, Gibran Rakabuming Raka, Indonesia's, Kevin O'Rourke, Suharto, , He's, ANU's Gammon, Gammon, Kay Johnson, Raju Gopalakrishnan Organizations: Defence, Australian National University, ANU, Jokowi, Analysts, Human Rights Watch Locations: Indonesia, Prabowo, BowerGroupAsia, Indonesian, Ukraine, Qatar
By Ananda TeresiaJAKARTA (Reuters) - Indonesia's presumed new president Prabowo Subianto paid tribute to the nation's past leaders during a triumphant victory speech on Wednesday, joking about his close ties to his ex-father-in-law and former authoritarian ruler, Suharto. Addressing a sea of jubilant fans, the 72-year-old waxed lyrical about being carried in the arms of the nation's founder Sukarno, and offered gags about massaging former leader Abdurrahman Wahid and lunching with Suharto, Indonesia's second president. "Regarding the second president, I know him quite well," he said as the crowd at the Senayan sports stadium roared. With the second president, I often had lunch with him." Suharto, Indonesia's late strongman president, oversaw decades of repressive rule and one of the world's most corrupt regimes before being forced to step down during mass protests and an economic crisis in 1998.
Persons: Ananda Teresia, Prabowo Subianto, Suharto, Sukarno, Abdurrahman Wahid, lunching, Indonesia's, Prabowo, Titiek Suharto, Gibran Rakabuming Raka, Gibran, Ida Yayan, Muhammad Luth, Joko Widodo, Kate Lamb, Nick Macfie Organizations: Ananda Locations: Ananda Teresia JAKARTA, illiberalism, Jakarta
Indonesia's presidential candidate Prabowo Subianto gestures after he cast his ballot to vote in the country's presidential and legislative elections at a polling station in Bogor on February 14, 2024. Indonesians began voting for a new president on February 14 with Defence Minister Prabowo Subianto the frontrunner to lead Southeast Asia's biggest economy despite concerns over his human rights record. Indonesia's Defense Minister Prabowo Subianto, a former army general, appears to have an early unofficial lead in the race to become country's next president, "quick counts" show after voting in the world's third-largest democracy closed on Wednesday. Prabowo appears to have won a simple majority of ballots cast in Wednesday's elections, with some early independent snap counts putting his percentage of the popular vote at nearly 60% — substantively more than what pre-election opinion polls yielded. "It's too early to conclude anything … so we have to wait," Baswedan told CNBC after the early snap counts suggested he was trailing Prabowo.
Persons: Prabowo Subianto, country's, Prabowo, Anies Baswedan, Pranowo, Suharto, Joko Widodo, It's, Baswedan, CNBC's Martin Soong Organizations: Defence, Indonesia's, Former Jakarta, Central Java, Indikator, CNBC Locations: Bogor, Central, Indonesia
CNN —A former army general is on course to win Indonesia’s election, securing the majority of votes needed for an outright victory, early unofficial results showed. Popular former governor Anies Beswadan was running second with fewer than 22% of the votes, with rival Ganjar Pranowo in third, according to the unofficial early count. CNN cannot independently verify the early polls, though counts by reputable thinktanks have proved accurate during previous elections. Indonesia is the world’s fourth most populous country and home to the world’s largest Muslim population. More than 200 million people across 38 provinces were expected to cast their votes on Wednesday, in what was billed as the world’s biggest single-day election.
Persons: CNN —, Prabowo Subianto, Anies Beswadan, Ganjar Pranowo, Joko Widodo, Jokowi’s, Gibran Rakabuming Raka Organizations: CNN Locations: Indonesia, United States
Advisory firm discusses possible outcomes of Indonesia election
  + stars: | 2024-02-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia polls: There will be much continuity between some government personnel, says advisory firmDouglas Ramage, founding managing director of BowerGroupAsia Indonesia, says if the elections don't go to a second round, "and we've got Prabowo clearing 50% plus one today, there will surely … be disputes brought to the Constitutional Court which adjudicates all election disputes" and protests are possible, though unlikely to be "fundamentally destabilizing."
Persons: Douglas Ramage, we've Organizations: Indonesia, BowerGroupAsia Locations: BowerGroupAsia Indonesia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We need to ensure the election is free and fair': Indonesian presidential contender Anies Baswedan"It's too early to conclude anything," Indonesian presidential candidate Anies Baswedan told CNBC's Martin Soong hours after quick counting of the votes showed he was trailing Defense Minister Prabowo Subianto.
Persons: Anies, It's, Anies Baswedan, CNBC's Martin Soong, Prabowo Subianto
CNBC Daily Open: Lingering inflation problem
  + stars: | 2024-02-14 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets declineAsia markets largely fell on Wednesday tracking Wall Street's sell-off overnight after U.S. inflation data came in hotter-than-expected in January. Sony tops estimatesSony 's quarterly revenue topped estimates, getting a boost from its PlayStation gaming business and financial services unit. [PRO] Japan's bull caseJapan is fast emerging on investors' radar, and this has been reflected in the stock market's recent bull run.
Persons: Russell, Joko Widodo, Prabowo Subianto, Cryptocurrencies, Bitcoin, Jurrien, Morgan Stanley Organizations: CNBC, Dow, Nasdaq, Sony, PlayStation, Defense, Metrics, Fidelity Investments Locations: Asia, U.S, Indonesia, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia election: Still possible for Prabowo to fall short of 50% threshold, economist saysEuben Paracuelles, chief ASEAN economist at Nomura, says looking back at the 2019 polls, "there is a tendency for front-runners to have a bit of an overestimate from surveys, relative to actual results."
Persons: Euben Paracuelles Organizations: Indonesia, Nomura Locations: ASEAN
Presidential candidate and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia's Defence Minister Prabowo Subianto, vice presidential candidate Gibran Rakabuming Raka, presidential candidate and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from left to right) react on the stage during the last presidential election debate at the Jakarta Convention Center in Jakarta on February 4, 2024. More than 200 million voters in Indonesia are heading to more than 800,000 polling stations in the world's third-largest democracy on Wednesday to elect President Joko Widodo's successor, a new national House of Representatives and various local legislators. Widodo, also popularly known as Jokowi, beat Probowo in the last two presidential elections. Some of the latest opinion polls showed Probowo netting more than 50% of the vote against two other opponents. Voters have six hours to cast their five ballots for their preferred presidential and vice presidential pairing, as well as legislators at the national, provincial and regency level, along with a regional senator for the national parliament.
Persons: Anies Baswedan, Muhaimin Iskandar, Prabowo Subianto, Gibran Rakabuming Raka, Ganjar Pranowo, Mahfud, Joko Widodo's, Probowo Subianto, general's, Widodo, Probowo, It's, Richard Borsuk Organizations: Indonesia's Defence, Central Java, Jakarta Convention, of, Defense, Nanyang Technological, Rajaratnam, of International Studies, CNBC, Gerindra Party Locations: Jakarta, Indonesia, Nusantara
Coal, nickel, palm oil, rainforests. The new government’s approach on the management of its natural resources could have a significant effect on the world’s ability to keep global warming to relatively safe levels. Environmentalists are also watching what the vote might mean for their ability to operate freely in a country with a history of repression. Indonesia is the world’s largest exporter of coal, the dirtiest fossil fuel and something that the world must quickly stop burning in order to avoid the worst consequences of global warming. But Indonesia also has huge reserves of nickel, which is critical to battery-making and the transition to cleaner energy.
Persons: Prabowo Locations: Indonesia
Those surveys show Prabowo with 51.8% and 51.9% support, with Anies and Ganjar a whopping 27 and 31 points adrift respectively. To win outright, a candidate needs over 50% of votes and to secure 20% of the ballot in half of the country's provinces. "Jokowi as the decisive factor has been proven by the rising popularity of Prabowo," said Arya Fernandes of Indonesia's Center for Strategic and International Studies. "But whether or not Prabowo can win in one round, there are some other factors outside of Jokowi," he said, noting turnout would be crucial for Prabowo. "The candidates' programmes will be the decisive factor... Populist pledges that are easy to remember will be very influential."
Persons: Ananda Teresia, Stanley Widianto, Joko Widodo, Ganjar, Anies, Prabowo Subianto, Suharto, Prabowo, Jokowi, Arya Fernandes, Jokowi's, Wasisto Raharjo, Martin Petty, Nick Macfie Organizations: Defence, Widodo, Indonesia's Center, Strategic, International Studies, Central Java, Prabowo, National Agency for Research, Innovation Locations: Stanley Widianto JAKARTA, Indonesia, country's, Jokowi, Jakarta, Jokowi's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowing authoritarianism is the greater risk of a Prabowo presidency, not remilitarizing: ProfessorGreg Fealy from the Australian National University discusses what a Prabowo presidency could look like after Indonesia's presidential elections this year.
Persons: Greg Fealy Organizations: Australian National University
CNN —More than 200 million eligible voters will head to the polls in Indonesia on Wednesday, in what is billed as the world’s biggest single-day election. Mascots depicting presidential candidate and Indonesia's Defence Minister Prabowo Subianto (L) and vice presidential candidate Gibran Rakabuming Raka (R) in an election event on February 5, 2024. He has strong links with Islamic political groups, and his vice-presidential pick, Muhaimin Iskandar, is the leader of Indonesia’s largest Muslim political party, the National Awakening Party. A presidential candidate needs a simple majority of at least 50% of total votes and 20% of votes in more than half of the country’s 38 provinces to win. The use and abuse of AIWith more than 210 million Internet users, Indonesia boasts one of the world’s largest digital populations.
Persons: Suharto’s, Prabowo Subianto, he’s, Suharto, ” Kenneth Roth, Ganjar, Mahfud, Gibran Rakabuming Raka, Adek Berry, Anies Baswedan, Muhaimin Iskandar, Anies, , Basuki Tjahaja, Joko Widodo, Jokowi, Prabowo, Gibran, Jokowi’s, , Adrian Vickers, Vickers, , Yusof, Maria Monica Wihardja, ” Wihardja, Sayyidatiihayaa, Satya Bumi, ” Sayyidatiihayaa, Ulet Ifansasti Organizations: CNN, Human Rights Watch, Princeton University, Indonesian Democratic Party of, Indonesia's Defence, Getty, Former Jakarta, Islamic, National Awakening Party, University of Sydney, Prabowo, Lembaga, Transparency International, Indonesia Locations: Indonesia, United States, Central Java, Jakarta, Indonesia’s, AFP, Chinese, Indonesian, Ogan Ilir, South Sumatra, Nusantara, Borneo
It is a three-way race for the presidency among current Defense Minister Prabowo Subianto and two former provincial governors, Anies Baswedan and Ganjar Pranowo. While he is the oldest candidate, his running mate is the youngest: 36-year-old Surakarta Mayor Gibran Rakabuming Raka, Widodo's son. His running mate is Mohammad Mahfud, who resigned as security minister to focus on campaigning. He is also a former defense minister, justice minister and chief justice of the Constitutional Court. His choice of Muhaimin Iskandar as his running mate in Wednesday's election is viewed as an attempt to rebuild that support.
Persons: Joko Widodo, Prabowo Subianto, Anies, Subianto, Gibran Rakabuming Raka, Suharto, Widodo's, Raka, , GANJAR, Pranowo, ” Pranowo, Mohammad Mahfud, ANIES, Baswedan, Widodo, Basuki Tjahaja Purnama, Muhaimin Iskandar, Iskandar’s, Organizations: SUBIANTO, Gerindra Party, Constitutional, Indonesian Democratic Party of, Central Java, FIFA, Islamic, Fulbright, Awakening Party, Ulama, Associated Press Locations: JAKARTA, Indonesia, Jordan, Surakarta, Central, Israel, Jakarta, Chinese, Wednesday's, Nusantara, Borneo
“As a member of Golkar, I am very proud of Suharto because he successfully developed Indonesia,” Aksa wrote on X. The Golkar-produced Suharto video was just one of dozens featured in official party campaigns, they said. AI photos made by supporters, have also been used by Ganjar’s party in his campaign. Indonesia’s Communications Ministry issued advisories following several viral AI videos, warning tech companies and voters to be cautious of deepfakes. TAPP (Tim Advokasi Peduli Pemilu), a Jakarta-based nonprofit, said that videos like the Suharto deepfake showed AI’s potential for voter manipulation.
Persons: Suharto, , Erwin Aksa, Golkar –, Prabowo Subianto, , ” Aksa, Golda Benjamin, Ganjar, Darryl Ramadhan, Muhammad Zulfan Dalimunthe, ” Budisatrio, Prabowo’s, Ganjar Pranowo, Anies Baswedan, Anies, ” Anies, TAPP, Tim Advokasi Peduli, Suharto deepfake, Gugum Ridho, Rahmat Pribadi, Suharto Suharto’s, Soe Tjen, Anton Pratama, , ” Anton Organizations: CNN, Facebook, YouTube, Golkar, Asia Pacific, , Gerindra Party, Central Java Gov, Ganjar’s Democratic Party of, Jakarta Gov, Indonesia’s Communications Ministry, Getty, SOAS University of London Locations: Indonesia, Indonesian, Asia, Jakarta, Lubuk Pakam, North Sumatra, AFP, Gugum Ridho Putra, East Timor, Aceh, West Papua, Maluku, Yogyakarta
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