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Backgrounder
Tenggara Backgrounder - Aug. 16, 2019
POLITICS
Megawati, from wannabe queen to most powerful kingmaker
Megawati Soekarnoputri, the president of Indonesia from 2001 to 2004, is the country’s most powerful kingmaker today. Her appearance at the congress of the Indonesian Democratic Party of Struggle (PDI-P) from Aug. 8 to 10 in Bali displayed how much p...
Muhaimin’s PKB, Jokowi’s naughty ally
Unlike other parties, the PKB’s election of its leader looks set to be a relatively quiet affair. It has been confirmed that incumbent chairman Muhaimin “Cak Imin” Iskandar’s bid for a new mandate will go unchallenged. The reelection of Cak Imin shou...
Questions arise over cabinet reshuffle’s grinding halt
After two months of heavy reporting, President Joko “Jokowi” Widodo’s reported plan to reshuffle his cabinet before the end of his first term has finally vanished into thin air. The chances of a Cabinet shakeup diminished even further after Jokowi or...
KPK leadership race back in spotlight
The Corruption Eradication Commission (KPK) leadership race is back in the spotlight following a controversial statement from one of the police generals participating in the selection process. Insp. Gen. Dharma Pongrekun had lashed out at public crit...
BUSSINES & ECONOMICS
EV policy attracts investors from Korea, China
The much-anticipated presidential regulation (Perpres) on electric vehicles (EV) was finally signed by President Joko “Jokowi” Widodo on Monday, after two years of waiting. This regulation is intended to attract investment in electric vehicles and is...
EY partner sanctioned in Hanson International accounting scandal
The Financial Services Authority (OJK) fined PT Hanson International, its founder and president director Benny Tjokrosaputro as well as its financial director Adnan Tabrani to a total of Rp 5.6 billion on Aug. 8 for overstating Rp613 billion out of R...
Blackout reveals PLN’s deep-rooted problems
The massive power outage on Aug. 4 that affected Jakarta, Banten, West Java and part of Central Java has revealed several problems plaguing the electricity firm, while the government plans to increase the amount of compensations PLN has to pay its cu...
Jokowi reorganizes ministries to counter downward economic spiral
The Indonesian economy is in a downward cycle. To support the government’s expansionary fiscal policy, Bank Indonesia has changed the course of its monetary policy. Meanwhile, Indonesia’s current account deficit expanded. Worried by this development,...
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