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Backgrounder
Tenggara Backgrounder April 04, 2025
POLITICS
Critical media, NGOs accused of working for foreign interests, including Soros
News media outlets and civil society organizations known to be critical of the government of Prabowo Subianto are coming under attack, mostly online, with accusations that they work for foreign interests. American billionaire, investor and philanthro...
Growing militarization a litmus test for Indonesian democracy
Time has passed since the House of Representatives passed the revision of the controversial Indonesian Military (TNI) Law, leading to nationwide civic unrest. Demonstrators have demanded that the government reverse the bill that expanded the military...
Jokowi looks for next political vehicle in PSI
Although no longer in office, former president Joko ‘'Jokowi'' Widodo appears and intends to play a significant role in national politics, as evident in the frequent encounters between him and his successor, President Prabowo Subianto, and the presen...
BUSSINES & ECONOMICS
State-owned banks overhaul leadership, coordinate buybacks
In a sweeping move that reshaped Indonesia's financial landscape, the RUPS of state-owned banks BBRI, BMRI, and BBNI not only approved multi-trillion-rupiah share buyback programs but more importantly ushered in a new era of leadership at the country...
Danantara unveils high-profile leadership, but public confidence remains elusive
Indonesia's Danantara has had a rocky start in its mission to support national economic growth. Its launch in February triggered a market downturn, highlighting deep public skepticism. On Mar. 24, the government unveiled a high-profile leadership tea...
Govt struggles to shore up tax revenue amid bearish market
In response to the sharp decline in tax revenues in early 2025, Finance Minister Sri Mulyani has assembled a special ministerial task force to bolster state revenue by targeting key taxpayers. However, market concerns persist over Indonesia's fiscal...
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