Tenggara Backgrounder January 4
Amien Rais and the future of PAN
Born out of the reform movement, the National Mandate Party (PAN) is facing an uncertain future due to a deepening schism within, as evident in the recent demand from several cofounders that Amien Rais, the party’s patron, resign. With the legislative election approaching, can PAN withhold its internal discord, especially considering the increased parliamentary threshold and its relative low electability rate?
Krakatau tsunami kills people and livelihoods
Last month's unexpected tsunami, precipitated by the eruption of Mount Anak Krakatau in the Sunda Strait, has left a longer devastation in its trail beyond the 400 or so deaths and the tens of thousands of displaced people. As reconstruction begins, many question the business viability of tourist destinations such as beach resorts to lure tourists, both domestic and international.
Lippo’s game of debt avoidance
Indonesian conglomerate Lippo Group is facing problem after problem. The termination of PT Internux’s (Bolt!) 2.3 GHz frequency permit following fees and penalty payment default became the group’s latest issue, not long after the Corruption Eradication Commission (KPK) exposed a corruption scandal in the Group’s US$21 billion Meikarta project. With billions of rupiah at stake, what is Lippo’s next move?
Not all stakeholders are happy with PM 118/2018
On Dec.18, Transportation Minister Budi Karya Sumadi signed Transportation Ministry Regulation (PM) No. 118/2018 on ride-hailing services to replace PM 108/2017, which was annulled by the Supreme Court in September last year. The new regulation is expected to change the nature of ride-hailing business as it places drivers in favorable spot than the ride-hailing companies.