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Backgrounder
Tenggara Backgrounder December 01, 2023
POLITICS
Will Firli’s extortion charges lead the KPK into the abyss?
Public trust in the Corruption Eradication Commission (KPK) may have hit a record low after the Jakarta police named the antigraft body's chairman Firli Bahuri a suspect for allegedly extorting former agriculture minister Syahrul Yasin Limpo. To rega...
Megawati on warpath with Jokowi as election campaign starts
They have been close allies for much of the past nine years, sharing power in the government, but today there is no love lost between former president Megawati Soekarnoputri and incumbent President Joko "Jokowi" Widodo as the campaign period for the...
ITE Law second amendment not a boon for freedom of speech
The House of Representatives will soon pass the second amendment of the Electronic Information and Transactions (ITE) Law, one of the most draconian pieces of legislation in post-Reform Era Indonesia. Originally to protect the public's rights in the...
Jokowi’s cabinet buckles under the pressure of presidential politics
The effectiveness of the Indonesia Onward Cabinet has come into question as frictions between ministers have surfaced amid political maneuvers related to the 2024 elections. Without another reshuffle happening in the near future, President Joko "Joko...
BUSSINES & ECONOMICS
WSKT bond defaults poses risk to insurance, pension funds
PT Waskita Karya (WSKT) and subsidiary Waskita Beton Precast's (WSBP) failure to pay bond payments has once again entered the spotlight as bondholders, the majority of whom are insurance companies and pension funds, rejected a debt-restructuring prop...
Workers protest new wage algorithm, demand higher pay
The government's recent announcement of increases of between 1.2 and 7.5 percent in the provincial minimum wages (UMP) for 2024 has sparked a backlash from labor unions, which have organized a series of demonstrations and strikes demanding a 15 perce...
2024 haj sees fee hike, additional quota for Indonesian pilgrims
In line with the trend of increasing haj fees in Indonesia, the House of Representatives and Religious Affairs Ministry have agreed to settle the 2024 haj fee at Rp 93.4 million (US$6,058), higher than this year's fee. Pilgrims will pay Rp 56 million...
TikTok to reenter Indonesia e-commerce through Tokopedia
TikTok, the global version of ByteDance's Chinese video hosting social media platform Douyin, is exploring a potential return to the Indonesian electronic commerce (e-commerce) market by working together with GoTo Gojek Tokopedia. TikTok's reentry in...
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