{
    "success": true,
    "data": {
        "id": 1979580,
        "msgid": "political-risk-kompas-id-1789404765",
        "date": "2026-09-14 19:06:43",
        "title": "Political Risk - Kompas.id",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "The article highlights growing concerns regarding political risk and policy uncertainty within the Indonesian business landscape. It notes that inconsistent government communication and a lack of legal certainty are driving capital outflows and undermining investor confidence in the domestic economy.",
        "content": "<p>Legal certainty and policy communication remain challenges for the\nbusiness world. Businesses struggle to understand the direction of\ngovernment policies.<\/p>\n<p>14 Sep 2026 19:00 WIB \u00b7 Surat Pembaca<\/p>\n<p>BPMI Sekretariat Presiden\/Rusman<\/p>\n<p>The article \u201cPolitical Risk, a Specter of the Business World\u201d\n(Kompas, 10\/9\/2026) made my heart race. Why not? Our business world\nfaces increasingly strong and widespread political risks.<\/p>\n<p>This issue does not only arise from the government\u2019s direct policies\nbut is also shaped by the increasing uncertainty regarding policy\ndirection, institutional stability, or the power\u2019s response to corporate\nperceptions.<\/p>\n<p>Bloomberg reported on Tuesday (September 8, 2026) that Indonesia\u2019s\nrichest man has invested US$1.4 billion overseas. This represents a\ndiversification of income sources into other currencies. The overseas\ninvestment is part of a broader trend of capital outflows from\nIndonesia. Investors withdrawing their funds from Indonesia have\ncontributed to the rupiah\u2019s downward pressure, triggering a sell-off in\nthe stock market.<\/p>\n<p>The Indonesian society and government are certainly interested in\nattracting investments of any kind and from anywhere into the country to\nbuild a domestic supply chain, thereby creating numerous job\nopportunities, adding value, generating a ripple effect in the economy,\nand contributing to tax revenues for the state.<\/p>\n<p>Legal certainty and policy communication remain challenges for the\nbusiness world in Indonesia. Some business actors are experiencing\ndifficulties in understanding the direction of government policies.<\/p>\n<p>Rhenald Kasali from FEB UI stated that the government will not be\nable to drive economic growth if it fails to attract foreign investment\nwhile also ensuring that domestic capital remains resilient and expands\nwithin the country.<\/p>\n<p>One of the issues that needs to be addressed is the negative\nperception held by some government elites towards the business world.\nThis affects policy-making, resulting in an increasing gap of trust\nbetween the government and the business sector. Additionally,\ninconsistent communication among ministries further complicates the\nissues at hand.<\/p>\n<p>Weakened inter-agency checks and balances make policy direction\nincreasingly difficult to predict. This uncertainty has resulted in high\nbusiness costs, resulting in suboptimal investment. The business\nsector\u2019s ability to create jobs has also weakened, leading to increased\nunemployment.<\/p>\n<p>Do not underestimate the ongoing political risks here, as their\neffects will permeate everywhere, resulting in the increasing\nvulnerability of the welfare of the Indonesian people.<\/p>\n<p>Kosmantono<\/p>\n<p>Purwokerto<\/p>\n<p>Writer:<\/p>\n<p>KosmantonoEditor:<\/p>\n<p>Johanes Waskita UtamaLanguage Editor:<\/p>\n<p>Amin Iskandar<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/political-risk-kompas-id-1789404765",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}