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Backgrounder
Tenggara Backgrounder December 06, 2019
POLITICS
Airlangga bares teeth, with a little help
Hours before the Golkar Party began its national congress on Tuesday night, Golkar executive Bambang Soesatyo announced that he was pulling out of the chairmanship race. Bambang’s announcement, which followed his meeting with several Golkar bigwigs i...
FPI, a problem that refuses to go away
The annual reunion of the 212 Movement did not turn into a big bash and its icon Rizieq Shihab failed to make the grand homecoming that had been billed as the highlight on Monday. The question of the legality of the militant Islam Defenders Front (FP...
Jokowi slams constitutional amendment plan
The past weeks have seen President Joko “Jokowi” Widodo caught in the center of a heated debate on a plan to amend the 1945 Constitution. The plan, which was initially limited to reviving the long-defunct State Policy Guidelines (GBHN), has extended...
Educational reform under Nadiem: Real or empty talk?
The appointment of Nadiem Makarim, the founder of Gojek, Indonesia’s first unicorn and first online ride-hailing service, as the education and culture minister has surprised many. Nadiem has been singled out for both criticism and praise in the first...
BUSSINES & ECONOMICS
OJK warns ASABRI over high risk, investment strategy
The Financial Services Authority (OJK) held a meeting with state-owned insurer PT ASABRI in the third week of November to discuss the company’s financial problems, which have been blamed on the company's investment strategy.
EU challenges RI’s nickel export ban at WTO
The Indonesian government’s decision to bring forward a nickel export ban to January 2020, two years ahead of the original deadline in January 2022, as well as to apply a temporary ban last October have led to a trade dispute with the European Union...
OVO stake sell highlights rivalry of Grab and Gojek
Lippo Group’s move to sell two-thirds of its stake in digital financial services firm Visionet International (OVO) might be the latest twist in the rivalry of the nation’s top two technology startups, Grab and Gojek.
Trump expands trade war with France, Brazil and Argentina
United States President Donald Trump announced via Twitter on Dec. 2 that he would reinstate a 25 per-cent tariff on steel and 10 percent tariff on aluminum from Argentina and Brazil, because both countries had devalued their exchange rates unfairly,...
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