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Backgrounder
Tenggara Backgrounder February 24, 2023
POLITICS
Court showcases, justice collaboration pays
Here is what the court has established in the murder case of Brig. Nofriansyah Yosua Hutabarat: Second Agency Richard Eliezer fired five times at point blank and Insp. Gen. Ferdy Sambo, at the time the internal affairs chief of the National Police, f...
PSSI finds new strength under popular VP candidate Erick Thohir
Less than a year after it was caught in one of the worst stadium disasters in soccer history, the Soccer Association of Indonesia (PSSI) is entering a new era under the tutelage of State-Owned Enterprises (SOEs) Minister Erick Thohir. For Erick, it i...
House wants power to assess Constitutional Court justices
The House of Representatives has come under fire yet again for its relentless push to revise the Constitutional Court Law. Six months after the plan was tabled, House Commission III chairman Bambang Wuryanto said on Feb. 15, removal of Constitutional...
Expansion of territorial command puts TNI reforms at stake
The Indonesian Military (TNI) has planned to expand its territorial function by forming a regional military command (Kodam) in each province, only to meet public resistance. Critics say the expansion lacks urgency and justification and marks a setbac...
BUSSINES & ECONOMICS
Mitratel solidifies top market share position by crossing competitor lines
PT Dayamitra Telekomunikasi or Mitratel (MTEL) further cements its position as the biggest tower solutions provider in Indonesia as it finalizes a deal with Indosat Ooredoo Hutshison (ISAT) to purchase 997 of their towers. Prior to this deal, most of...
RI launches JETP Secretariat to accelerate energy transition
Indonesia on Feb. 16 launched the long-awaited Just Energy Transition Partnership (JETP) Secretariat, located in the Energy and Mineral Resources (ESDM) Ministry building, that will oversee the mobilization of US$20 billion from the international par...
Lippo Cikarang stock price in free fall amid Meikarta fiasco
Even though it is no longer the controlling shareholder of Meikarta megaproject developer PT Mahkota Sentosa Utama (PT MSU), the price of Lippo Cikarang stock (LPCK) has continued nosediving to Rp 940, over 70 percent below the price it was five year...
Perry Warjiyo to remain BI governor to give unwavering support to govt
President Joko “Jokowi” Widodo has nominated Bank Indonesia (BI) Governor Perry Warjiyo for a second five-year term to work hand in hand with the government to maintain the country’s economic recovery amid the turbulent global situation and the upcom...
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