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Tenggara Backgrounder August 26, 2022
POLITICS
Jokowi seeks to circumvent courts in resolving human rights violations
President Joko “Jokowi” Widodo has set up a team to resolve past serious human rights violations without going through courts of law, prompting some civil society organizations to accuse the government of trying to absolve the perpetrators of any gui...
National Police begins internal clean-up
The National Police’s public image has taken a hit in the fallout of the systematic attempt to cover up the killing of Brig. Nofriansyah Yosua Hutabarat, allegedly premeditated by his own boss, Insp. Gen. Ferdy Sambo.
Pressures mount in PDI-P to unveil presidential candidate
Defense Minister and Gerindra Party chairman Prabowo Subianto’s early declaration to run for president in 2024 has increased pressure on the ruling Indonesian Democratic Party of Struggle (PDI-P) to follow suit. As the only political party that has t...
Indonesia sees biggest corruption case involving palm oil land grabbing
Palm oil tycoon Surya Darmadi turned himself in to the Attorney General’s Office (AGO) on Aug. 15 after eight years on the run. Earlier this month, the AGO named the owner of the Duta Palma Group a suspect in a palm oil land grab and money laundering...
BUSSINES & ECONOMICS
Coal royalty rate for IUP holders now higher
There is a wide gap between the coal royalty rate charged to coal mining permit (IUP) holders and to contract of work (PKP2B) holders, especially ones that have converted to special mining permit (IUPK) holders. Whereas the former was only charged a...
Japan’s SMFG, MUFG joins bidding war for Panin Bank
The bidding war for publicly listed Panin Bank (PNBN) continues to intensify as Japanese financial giant Sumitomo Mitsui Financial Group (SMFG) joins the fray. However, SMFG must compete with the top contender from its home country, Mitsubishi UFJ Fi...
Target not achieved, govt changes TV analog switch off mechanism
Jakarta should have had no analog TV service beginning Aug. 25, under the government’s initial analog switch off (ASO) target but, in reality, the government and broadcasters are not ready, and Jakartans will still be able to enjoy analog TV service...
Fiscal consolidation to be key theme of 2023 budget
The government’s 2023 draft budget plan initiates a fiscal consolidation path with the foreseen deficit being at 2.85 percent of GDP next year. After years of a pandemic-related support splurge, the draft carries several spending downsizings to bring...
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