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  • Indonesia's stock market prices in Widodo victory

    JAKARTA -- Indonesia's stock market rose after vote counts from polling firms showed Jakarta Gov. Joko Widodo leading the tightly contested presidential election on July 9. On July 10, the benchmark Jakarta Composite Index jumped 1.5% from the p

    July 17, 2014 12:00 am JST
  • The men who would be president

    Joko Widodo: Popular populistJoko Widodo, 53, better known as Jokowi, is a new type of political leader in Indonesia. Blessed with a common touch that is apparent in his open-collar shirts and sneakers, Widodo made his mark as a furniture salesman.

    July 17, 2014 12:00 am JST
  • Tycoons cater to their middle-class compatriots

    JAKARTA -- Some of the biggest names in Indonesian business are betting on the country's consumers. Looking at projections that suggest 8 million to 9 million Indonesians will join the middle class each year through 2020, it is easy to see why.

    July 17, 2014 12:00 am JST
  • Prescription: Attract companies and create flexible labor market

    JAKARTA -- The Netherlands suffered the growth-crippling effects of the "Dutch disease" nearly half a century ago. Now a similar malaise is casting a shadow over Indonesia, its former colony and a rising economic power in the Association of Southeas

    July 17, 2014 12:00 am JST
  • Yudhoyono's diplomatic legacy won't be easy to match

    Susilo Bambang Yudhoyono will soon end his term as Indonesia's president. His successor will face the challenge of equaling his legacy of engagement with the region and the world. This may not be easy. Since taking office in 2004, Yudhoyono has

    July 17, 2014 12:00 am JST
  • Bruce Stokes: Japan, China neck and neck in Asian popularity contest

    The rivalry between China and Japan is heating up. Recent confrontations in the East China Sea have only complicated the countries' long-standing economic competition, in which growing portions of the region's population see China, not Japan, as the

    July 17, 2014 12:00 am JST
  • Frederic Neumann: Asia's winds of change are really picking up

    Politicians across Asia are talking about reform. That is standard fare for anyone seeking or occupying higher office, of course. But this time, it feels as if real action might follow. That the region's economies are in dire need of an overhaul

    July 17, 2014 12:00 am JST
  • Soccer alive and well in Southeast Asia

    BANGKOK -- No Southeast Asian country competed in this year's World Cup, but soccer is just as popular here as anywhere else. With incomes rising and fans starting to embrace local leagues, ticket and merchandise sales are skyrocketing and stadiums

    July 17, 2014 12:00 am JST
  • Gregory Poling: Asia's democratic growing pains

    Asia analysts have spent a considerable amount of time wringing their hands over the perceived retreat of democracy and its institutions in the region. Contested elections in Cambodia and Malaysia in 2013 fed this sense of gloom, and Thailand's mili

    July 17, 2014 12:00 am JST
  • Number of firms on Indonesia bourse tops 500

    JAKARTA -- Two fresh initial public offerings (IPOs) in Indonesia's bourse brought the total number of publicly listed companies in the country to 500, reflecting strong investor appetite in Southeast Asia's biggest economy. Last Friday, propert

    July 15, 2014 03:26 pm JST
  • Vikram Nehru: Indonesia's maturing democracy faces its sternest test

    Indonesia's July 9 presidential election was a remarkable event. It was well organized, free of tension and violence, remarkably transparent, and implemented with immense civic pride. It was a celebration of democracy and an impressive display of po

    July 14, 2014 01:00 pm JST
  • Indonesian election: Subianto camp concerned over Clinton visit

    JAKARTA -- Prabowo Subianto's campaign team expressed concerns over former U.S. President Bill Clinton's visit to Indonesia later this month as the country awaits the outcome of the presidential election. "We would like President Clinton not to

    July 12, 2014 11:00 pm JST
  • Subianto camp criticizes Widodo's victory claim

    JAKARTA -- Joko Widodo's claim of victory in Indonesia's presidential election shortly after polls closed Wednesday has provoked criticism from his opponent's campaign team, which also claimed victory on Wednesday. In a press conference Thursday

    July 11, 2014 01:46 pm JST
  • Indonesia: An uncertain nation waits for an answer

    International markets signaled relief after the successful conclusion of voting in Indonesia's July 9 presidential elections, but the world's third largest democracy must wait at least two more weeks to find out who will be its next president. By

    July 11, 2014 01:00 pm JST
  • Three Malaysian lenders mull merger to form megabank

    JAKARTA -- Malaysia's leading lender, CIMB Group Holdings, is considering a takeover bid of two other local banks that will make it the nation's largest financial institution by asset value. With the approach of the 2015 deadline for closer econ

    July 10, 2014 06:30 pm JST
  • 'Prabowo related stocks' decline following Indonesia poll

    JAKARTA -- Several stocks regarded as related to Indonesian presidential candidate Prabowo Subianto were hit by steep declines on Thursday morning after surveys suggested that his opponent Joko Widodo was leading in the tightly contested election ye

    July 10, 2014 06:19 pm JST
  • Indonesian stocks, rupiah surge as Widodo leads election count

    JAKARTA -- Indonesia's stock index and currency surged on Thursday morning after surveys showed Jakarta governor Joko Widodo to be leading Wednesday's tightly contested presidential election. The stock benchmark Jakarta Composite Index opened 1.

    July 10, 2014 03:30 pm JST
  • Widodo seen slightly ahead in Indonesia vote

    JAKARTA -- Unofficial polling counts in Indonesia show Joko Widodo with only a slim lead over rival Prabowo Subianto after Wednesday's election. The winner will succeed President Susilo Bambang Yudhoyono, who is stepping down after two five-year

    July 10, 2014 04:53 am JST
  • Yakult to break into emerging Mekong markets

    TOKYO/YANGON -- Yakult Honsha will build a plant in Myanmar as early as the first half of 2015 as part of plans to bring its probiotic drinks to new markets along the Mekong River. The Japanese company has already enjoyed some success in the Ass

    July 10, 2014 02:44 am JST
  • Standoff grows over disputed Indonesian election

    JAKARTA -- A standoff deepened on Wednesday evening in Jakarta with both contestants in a fiercely contested presidential election claiming the right to govern the archipelago of 17,000 islands and its 250 million people. The vote was Indonesia'

    July 10, 2014 12:09 am JST