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Backgrounder
Tenggara Backgrounder March 19, 2021
POLITICS
Moeldoko pushes his luck for presidential ambitions
Presidential Chief of Staff Moeldoko may have been acting in a personal capacity in taking over the chairmanship of a decaying political party, but his behavior has inevitably rubbed off on the reputation of his boss, President Jokowi. The President,...
Side-effects, virus mutations pose a challenge to vaccinations
Amid concerns over the potential dangerous side-effects of the Oxford-AstraZeneca COVID-19 vaccine, Indonesia is delaying its use in the country’s vaccination drive while the BPOM reviews the vaccine’s safety. Following several reports of post-immuni...
Extension of presidential term, a debate that never dies
The debate over whether or not to amend the Constitution in order to extend the current presidential tenure to three five-year terms has reemerged. Out of the blue, former MPR speaker Amien Rais said in a video recently posted to his official YouTube...
Thousands of COVID-19 test kits returned, BNPB in hot water
The National Disaster Mitigation Agency (BNPB) is in the public spotlight after news has been reported of irregularities surrounding the government’s procurement and distribution of COVID-19 test kits and reagents. At the center of the report’s scrut...
BUSSINES & ECONOMICS
Govt sides with coal, palm oil businesses in new waste regulation
President Joko “Jokowi” Widodo has excluded coal and palm oil waste from a government list of hazardous and toxic (B3) waste, despite opposition from environmentalists. With the exclusion, businesses have no obligation to treat them as hazardous wast...
Jokowi to enforce TKDN rules by firing Pertamina executive
President Joko “Jokowi” Widodo is widely known for his strong stance in defending domestic products and domestic industries. After creating a furor for advocating “hate foreign products,” Jokowi made another stunt by directly firing an executive of s...
Swiss referendum symbolic win for palm oil in European mark
The Indonesia-Switzerland free trade deal survived a nationwide referendum after Swiss voters backed it by a slim margin. Inherent to the agreement are reduced duties on Indonesia's flagship palm oil, but only if they meet certain sustainability stan...
OJK goes to war against market manipulators
On Feb. 22, Financial Services Authority (OJK) chairman Wimboh Santoso signed OJK Regulation (POJK) No. 3/POJK.04/2021 to strengthen protection for retail traders. One of the provisions allows the OJK to delist problematic issuers from the stock mark...
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