Indonesia Picks A New President
Bareksa • 04 Jul 2014
Southeast Asia’s biggest economy holds presidential elections while India's new government unveils its budget amid soaring expectations. Investors will also closely watch the latest China trade data. (REUTERS/Sareena Dayaram)
Whoever wins will preside over an economy grappling with slowing growth.
Bareksa.com - Big week ahead in terms of politics and policy in some of the region's largest economies. First to Indonesia, where we're likely to find out as early as Thursday (July 10) just who will take over as the country's new president. The latest polls indicate that upstart Jakarta governor, Joko Widodo is maintaining his lead over the tough ex-general Prabowo Subianto. But to the dismay of investors hoping for a clear reform mandate that lead is narrowing. (Source : Reuters)