Crucial Golkar congress today
Indonesian President Joko Widodo is slated to open the Golkar Party's national congress in Bali today, where the main item on the agenda is the election of a new party chairman to succeed Mr Aburizal Bakrie. The congress will be attended by some 3,600 participants from across the country. House of Representatives Speaker Ade Komarudin and former House Speaker Setya Novanto are the front runners in the race for the top party job.
Prizes galore for 'Perfect Match'
One lucky couple will be crowned the Perfect Match today after an intense competition organised by radio station Kiss92. Before they go on to win the title, they will have to beat two other couples in a final round of challenges at various sites on Sentosa. The winning couple will take home prizes that include a six-day honeymoon trip to Cairns and the Great Barrier Reef in Australia, a wedding venue and dinner package, and a home renovation package.
China's industrial and retail data
China will release its industrial production and retail sales figures this weekend.
Industrial output is forecast to rise 6.5 per cent in April from a year earlier, according to economists, but still a pullback from March's sharp post-Chinese New Year holiday bounce.
Retail sales are seen increasing 10.6 per cent in April from a year earlier, adding to evidence that Chinese shoppers remain a pillar of strength for the economy.