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Tenggara Backgrounder November 29, 2019
POLITICS
Bambang to reenter Golkar’s chairmanship race: Who gets what?
The Golkar Party chairmanship race saga looks set to continue as People’s Consultative Assembly (MPR) speaker Bambang Soesatyo has hinted at contesting the election for the party’s top job despite his alleged peace deal with the incumbent, Airlangga...
And so the witch hunt begins
In the opening days of his second term, President Jokowi has finally taken long-overdue steps to stem radicalism. But some have already criticized him for going too far. His latest policy to counter radicalism could set off a witch hunt against anyon...
Edhy to sink Susi’s policies, not ships
The appointment of Edhy Prabowo as the new maritime affairs and fisheries minister is deemed relatively unpopular. Not only does Edhy come from an opposition party, Gerindra, he also replaces many people’s idol, Susi Pudjiastuti, known for her tradem...
Constitutional amendment goes ahead – with a new twist
While an amendment to the 1945 Constitution is almost certain, the extent of political impacts the amendment will bring into the Constitution is still up in the air. With each party pushing their crisscrossing interests, the debate on how the amendme...
BUSSINES & ECONOMICS
Corrupt-ridden PLN in good hands
Former communications and information minister Rudiantara will, once again, grab the power to lead corrupt-ridden state-owned electricity company as its CEO. Once serving as PLN deputy CEO, Rudiantara has a better chance to make the state utility com...
OJK punishes Narada, Minna Padi for mutual fund scandals
Indonesia’s stock market has been hit by a mutual fund scandal. The scandal came to light on Nov. 7 when the Financial Services Authority (OJK) received a report that Narada Asset Management default on its payments for buying six second liner stocks...
Omnibus law to kill many overlapping regulations
The government is engaging the private sector to push for the completion in the drafting of three omnibus bills to amend over 70 existing laws that have been complicating business licensing and thus preventing investment. The bills are to be submitte...
Japan-South Korea trade war continues, despite GSOMIA compromise
The United States’ alliance in Northeast Asia was on the brink of collapse after the trade spat between its two allies escalated into the area of military and defense cooperation. In response to Japan’s export restriction on high-tech chemical materi...
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