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Backgrounder

Tenggara Backgrounder is a weekly political and business briefing service combining insights and analysis by in-house experts and those from the Centre for Strategic and International Studies (CSIS) and Universitas Prasetiya Mulya, as well as background information from The Jakarta Post journalists. Tenggara Backgrounder provides you exclusive insights into what’s happening behind the scenes along with insider scoops that are not published in the media.

Edition

March 1, 2024

House inquiry may pave way for new round in Jokowi-Megawati fight

The row between President Joko "Jokowi" Widodo and Megawati Soekarnoputri, the chair of the Indonesian Democratic Party or Struggle (PDI-P), could move into a new round, this time with much bigger political stakes, if the House of Representatives goes ahead with its plan to launch an inquiry to look into allegations of impropriety in last month's general elections.

Other Topics
  • Prabowo prepares for transition of power
  • Navigating the shadowy issues in Sirekap
  • Forming a ministry for Prabowo’s free lunch program
Prabowo-Gibran campaign team named as SOE commissioners

The longstanding trend of granting key roles in state corporations to supporters of presidential and vice-presidential hopefuls has resurfaced. This time, members of the Prabowo Subianto-Gibran Rakabuming Raka TKN have been appointed as independent commissioners in SOEs, drawing criticism for alleged political favoritism over merit-based qualifications.

Other Topics
  • Delay in beef import permits worries market over rising commodity prices
  • Govt to give 40-percent discount to unsubsidized fertilizer
  • Indonesia runs twin deficits in 2023 as trade weakens
Edition

February 23, 2024

Cabinet shake-up poised to strengthen Prabowo’s coalition

With less than eight months left in office, President Joko "Jokowi" Widodo changed his cabinet team once again to welcome Democratic Party leader Agus Harimurti Yudhoyono on board as agrarian and spatial planning minister, replacing Hadi Tjahjanto, a long-time Jokowi ally who was promoted to the coordinating political, legal and security affairs minister post.

Other Topics
  • Coalition-building for Prabowo’s incoming government
  • Anies and Ganjar not conceding election defeat carries risks
  • Measuring Jokowi’s effect in helping Prabowo win presidential race
Prabowo targets energy subsidies to realize free lunch program

Presidential hopeful Prabowo Subianto is poised to gradually roll out his campaign promise of a free lunch program once he assumes office later this year. However, funding for the program poses a challenge, and Prabowo's camp reportedly plans to address this by reducing energy subsidies.

Other Topics
  • MIND ID acquires Vale Indonesia shares at a discount
  • Retailers sue government over unpaid cooking oil subsidy
  • Looking for a new finance minister for Prabowo administration
Edition

February 16, 2024

Quick counts show Prabowo victory

Quick counts conducted by a number of survey institutes just after the voting on Feb. 14 found presidential candidate Prabowo Subianto and his running mate Gibran Rakabuming Raka garnered the majority of the votes to avoid a runoff. The superiority of the former army general in the quick counts went hand in hand with his persistent dominance in the opinion surveys in the run-up to the elections, despite several controversies, particularly surrounding Gibran's candidacy.

Other Topics
  • Ethics violations haunt Gibran’s election as VP
  • House supports Village Law revision ahead of elections
  • PDI-P leads legislative race with Golkar, Gerindra close behind
Retail stocks empty as Jokowi distributes rice to 22m families

As President Joko "Jokowi" Widodo's ramped up the rice social assistance program for 22 million poor households in January ahead of the general election, premium rice disappeared from modern retailers. Responding to the scarcity, the President ordered the National Food Agency (Bapanas) and the State Logistic Agency (Bulog) to flood the market with rice from state reserves.

Other Topics
  • Updated rooftop solar panels rulings eliminates net metering
  • KCI to replace Japanese train imports with Chinese trains
  • Rumors of potential merger between GoTo, Grab resurface
Edition

February 9, 2024

Final debate: Last chance to sway the hearts of swing voters

The 2024 presidential election debates concluded on Sunday, which saw the three presidential hopefuls zero in on matters of education, social welfare and policy inclusiveness, among other topics. The final debate wrapped up on an anticlimactic note as the candidates maintained a relatively amiable atmosphere in their last attempt to win over undecided and swing voters.

Other Topics
  • PDI-P struggles to stay top, Islamists losing ground in 2024 vote
  • Concerned intellectuals ask Jokowi to return to democratic path
Bansos drives government, household consumption steady

The impact of the 2023 bansos program on the national economy has been reflected in BPS most recent national economic growth report. Whereas government expenditure experienced rather extreme fluctuations between Q3 and Q4 of 2023, which is during a period of aggressive bansos programs, household consumption remained steady, raising concerns over the effectiveness of bansos in boosting the people's purchasing power.

Other Topics
  • Conglomerates back presidential candidates, mutual interests
  • Israel opposes Indonesian entry to OECD
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