After Indonesia's surprise election, top party hunts for friends


  • World
  • Thursday, 10 Apr 2014

Jakarta governor and presidential candidate from the Indonesian Democratic Party-Struggle (PDI-P) party, Joko Widodo, and his wife Iriana cast their ballot papers during voting in the parliamentary elections in Jakarta April 9, 2014. REUTERS/Beawiharta

JAKARTA (Reuters) - Indonesia is set for a period of political uncertainty after an unconvincing election win by the main opposition party which will likely force it to find allies to back its candidate in a July vote for president of Southeast Asia's biggest economy.

Investor disquiet at that prospect and a much tougher race to the presidency for the popular candidate of the Indonesian Democratic Party-Struggle (PDI-P) took its toll on Jakarta shares which were down 3.34 percent by the close.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Death toll from strikes on eastern Congo camps rises to 18
Ethiopia earns 835 mln USD from coffee export in 9 months
Brazil floods death toll rises to 90, dozens still stranded
Floods death toll in Kenya rises to 238 as heavy rains continue
African Union launches strategy to combat desertification
Zimbabwean finance minister urges market adoption of new currency ZiG
Trump seeks records about evidence handling in latest bid to delay documents case
German exports shrink by 1.1 pct in Q1
Bangladesh's forex reserves reach nearly 20 bln USD in April
UK and allies unmask and sanction Russian leader of LockBit cybercrime gang

Others Also Read