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Backgrounder
Tenggara Backgrounder August 30, 2024
POLITICS
Jakarta election: Goodbye Anies, hello Pramono
The Indonesian Democratic Party of Struggle (PDI-P) has finally ended months of speculation by announcing Cabinet Secretary Pramono Anung and actor-turned-politician Rano Karno as its gubernatorial and deputy gubernatorial candidates, respectively, f...
Is Jokowi losing it?
President Joko "Jokowi" Widodo suffered his first major political defeat, just two months before he steps down, when a popular revolt denied him the chance to field his youngest son to run in the November polls to elect the leaders of regional govern...
Political alliances fixed as regional head candidate registrations close
Following the recent Constitutional Court ruling that allows more parties to nominate regional head candidates on their own or in smaller alliances, the political maps in several key regions have changed. The three-day registration period this week a...
PAN, NasDem Party, PKB confirm support for Prabowo in congresses
The National Mandate Party (PAN), NasDem Party, and the National Awakening Party (PKB) held their respective national leadership meetings not only to maintain their leadership structures but also to confirm their support for the incoming administrati...
BUSSINES & ECONOMICS
Politicians among BPK candidates embroiled in corruption case
Nine out of 76 candidates in the running to become Supreme Audit Agency (BPK) members for the 2024 – 2029 period are politicians from political parties in the Onward Indonesia Coalition Plus (KIM Plus) supporting president-elect Prabowo Subianto. The...
Sea Ltd. dragged into public scrutiny of Jokowi’s family
The political brouhaha surrounding the regional elections has been a setback for the family of President Joko "Jokowi" Widodo, not only the failure of his youngest son Kaesang Pangarep to run in the Central Java gubernatorial election but also the re...
RI emerges as Asia’s top investment destination amid Fed’s dovish turn
Dovish remarks from the Fed have driven an influx of investment into Asia, particularly towards sovereign bonds in Asian currencies. According to Bloomberg data, premiums of Indonesia's 10-year yields are now roughly 260 basis points compared to the...
Prabowo administration to establish a carbon agency
President-elect Prabowo Subianto's economic team and the KSP are working together to lay the groundwork to establish a carbon agency. The carbon agency aims to centralize the regulation of carbon trading and taxation, aligning with Indonesia's commit...
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