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Backgrounder
Tenggara Backgrounder May 05, 2023
POLITICS
Ganjar’s nomination sets off flurry of political negotiations
With the ruling Indonesian Democratic Party of Struggle (PDI-P) settling on Central Java Governor Ganjar Pranowo as its presidential candidate, the other parties are readjusting their positions with regard to their own nominations ahead of the 2024 e...
VP pick a decisive factor of the 2024 presidential race
As the 2024 presidential election is looking more like a three-horse race, the competition for the country’s second highest office also begins to heat up. Politicians and observers alike are certain that the VP pick of Ganjar Pranowo, Prabowo Subiant...
Papua faces growing tensions amid NZ national’s rescue operation
Tensions have been brewing in Papua, particularly in relation to the ongoing efforts to release Susi Air pilot Philips Mehrtens from West Papuan Liberation Army (TPNPB) members who have held him for three months. The Indonesian Military (TNI) has rai...
Indonesia remains a target of international terrorist groups
The National Police counterterrorism squad, known as Densus 88, arrested four Uzbek nationals suspected of spreading terrorism propaganda via social media in the country. Whether Indonesia has transformed into a new ground for “jihad” after Syria and...
BUSSINES & ECONOMICS
BSI to expand into the Middle East by attracting UAE investors into the SOE
The recent establishment of a state-owned Bank Syariah Indonesia (BSI) representative office in Dubai is part of the government’s plan to attract investors from the United Arab Emirates (UAE) to join the sharia bank following last February’s announce...
Waskita Karya alleged in corruption case through fictitious projects
High-level officials of state-owned construction company Waskita Karya and its subsidiary Waskita Beton Precast have been implicated in six alleged made-up projects to disburse money through supply chain financing (SCF) from banks. The Development Fi...
Cooking oil policy mishap leaves unpaid subsidy invoices of Rp 344 billion
Last year’s policy mishap on cooking oil has left another, unresolved problem of unpaid subsidy invoices from retailers totaling Rp 344 billion (US$23 million). Indonesian retailers association (Aprindo) has taken all means, including threatening not...
Smelter construction boosts investment realization in Q1 2023
The government’s commitment to developing Indonesia’s downstream industry is reflected in first-quarter realized investments totaling Rp 328.9 trillion (US$22.38 billion), of which a majority Rp 46.7 trillion was channeled into the basic metals indus...
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