Prabowo’s electability slides further as Jokowi’s soarsMonday, 08 Oct 2018
Prabowo’s electability slides further as Jokowi’s soars
The Jakarta Post, p. 2
According to a survey conducted by pollster Saiful Mujani Research and Consulting (SMRC), the Gerindra Party’s presidential candidate Prabowo Subianto’s popularity has declined further in September to 28.7 from 33.2 percent in May. Meanwhile, incumbent President Joko “Jokowi” Widodo has seen his electability rating improve slightly by 3 to 60.2 percent, owing largely to the perception that he has maintained security and economic stability. The SMRC’s latest survey, conducted from Sept. 7 to 14, also found that the vice presidential candidates in both camps had yet to contribute significantly to boosting support for those at the top of the ticket. The survey found that nearly 10 percent of the respondents remained undecided.
Business to initiate currency diversification
Bisnis Indonesia, headline
Business players were suggesting a breakthrough scheme where the US dollar is no longer the main currency for Indonesian foreign transaction. The Indonesian Employers Association (Apindo) chairman Hariyando B. Sukamdani said the shift from dollar to other currency is to reduce dependency to US dollar and consequently enlivens the pressure on rupiah. The Apindo calculated that diminishing dependency on dollar would bring the rupiah to around Rp 13,000 to Rp 13,500 again. Hariyando argued that the idea is to close dollar’s supply and demand gap in domestic market: high demand for import versus exporters’ unwillingness to convert their revenue. Sofjan Wanandi from the Vice-Presidential Office welcomed the idea, saying that Indonesia has eventually had currency swap agreements with a number of trade partners where non-US dollar transaction was allowed. However, the agreements were ineffective due to businesses’ resistance to comply.