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Stock impact report

Widodo's gamble: Indonesia president includes fierce rival in cabinet [Reuters (UK)]

OVERSEAS CHINSE UNSP/ADR (OVCHY) 
NASDAQ:AMEX Investor Relations: coli.com.hk/en/ir
Company Research Source: Reuters
Widodo's gamble: Indonesia president includes fierce rival in cabinet - Reuters 5 Min Read JAKARTA (Reuters) - Indonesian President Joko Widodo took what appeared to be his biggest political gamble on Wednesday by including controversial former general Prabowo Subianto in the cabinet, his main rival who has long harboured ambitions for the presidency. Prabowo, a 68-year-old former special forces commander, has been accused of human rights abuses and trying to grab power after his then father-in-law Suharto was ousted from the presidency in 1998. An opposition leader during Widodo’s first term and with unsuccessful runs for the presidency in 2014 and again this year, Prabowo has now been named defence minister. On the campaign trail, critics said his message, much like U.S. President Donald Trump in 2016, amplified potential threats to the country. In speeches, he often said Indonesia was on the verge of fragmentation, exploited by unspecified foreign powers. But after failing to overt Show less Read more
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