Indonesia’s smaller political parties are set to play a key role in July’s presidential race after faring better than forecast in a parliamentary election, complicating the campaign of frontrunner Joko Widodo.
The party of Indonesian presidential frontrunner Joko Widodo said it is open to a coalition with nationalist groups after unofficial parliamentary-election results indicated it lacks support to nominate the nation’s next leader by itself.
Indonesian presidential frontrunner Joko Widodo may need to form a coalition to get elected, with the country’s main opposition party taking an unexpectedly slim lead in unofficial estimates after a parliamentary vote.
Indonesia’s biggest exchange-traded fund fell from an eight-month high as early legislative vote results showed the opposition party favored by investors failed to win enough support to run for the presidency without forming a coalition.
Free noodles are no longer enough to curry favor with Indonesian voters. Offers of insurance, loans and medical checkups have emerged in a months-long campaign that is forecast to boost economic growth.
The crowd of people danced and sang in the fading afternoon heat outside the city of Malang in East Java, their shirts and flags melding into a sea of red. Cheers erupted from the supporters of the Indonesian Democratic Party of Struggle as their idol took the stage.
Asia Resource Minerals Plc, the coal-mining venture founded by Nathaniel Rothschild and Indonesia’s Bakrie family three years ago, reported a wider full-year loss after prices for the power-station fuel fell.