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Backgrounder
Tenggara Backgrounder April 14, 2023
POLITICS
Prabowo, the comeback kid of the 2024 elections
Up until last week, Defense Minister Prabowo Subianto had faced pressures, from within and outside his Gerindra party, to quit the 2024 presidential race because all surveys overwhelmingly showed he could not beat any of the other two likely contende...
Another day, another test for Firli Bahuri’s integrity
The Corruption Eradication Commission (KPK) chairman Firli Bahuri is in hot water as reports are filed to the KPK supervisory council alleging the antigraft body chief violated the commission’s code of ethics. Firli is no stranger to such allegations...
Sandiaga Uno to join PPP for political comeback
After repeated statements of allegiance to the Gerindra Party, Sandiaga Uno has been seen attending a number of events organized by the United Development Party (PPP) over the last few weeks. This unsurprisingly has renewed speculation about his move...
Meranti Islands regent arrested on corruption charges
The Corruption Eradication Commission (KPK) has arrested Meranti Islands regent Muhammad Adil in connection with his alleged involvement in three separate graft cases. While Adil is the latest in the list of hundreds of regional heads who have fallen...
BUSSINES & ECONOMICS
BPKP audit forces retrofitting of KCI’s retired train cars despite obstacles
The Development Finance Comptroller’s (BPKP) recent audit over PT Kereta Commuter Indonesia’s (KCI) capacity shows that the KCI is surprisingly not overcapacity – starkly different from public perception and the KCI’s own audit. This result solved th...
Indihome merges with Telkomsel for fixed-mobile convergence
State-owned company Telkom Indonesia is taking its fixed broadband service mobile. Telkom signed a conditional spin-off agreement (CSA) to merge Indonesia Digital Home (IndiHome), the largest fixed broadband service provider, with its subsidiary, Tel...
New task force to probe suspicious Rp 189 trillion gold trade
The government has set up a task force to investigate suspicions of money laundering in the international trade of gold and gold products worth Rp 189 trillion (US$12.6 billion), part of which a legislator alleges is connected to illegal mining opera...
GoTo struggles to break even as loss widens, shares plunge
Tech giant PT GoTo Gojek Tokopedia (GoTo) shows signs of struggles to reach profitability as its loss widened by 56 percent year-on-year (YoY) to Rp 40.4 trillion (US$ 2.74 billion) in 2022 and its shares dropped this week below the psychological lev...
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