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Backgrounder
Tenggara Backgrounder December 10, 2021
POLITICS
The rise and fall, and possible rise, of Rizieq’s political power
The government of President Joko “Jokowi” Widodo may have won the latest battle against mullah Rizieq Shihab this month when it foiled a plan by supporters of the firebrand cleric to hold a mass gathering. While Rizieq may have lost much of the polit...
End of saga: Police hire KPK ex-employees
The long-standing controversy surrounding the dismissal of 57 Corruption Eradication Commission (KPK) employees known for their critical views of the agency’s leadership has reached a denouement after most of them accepted an offer to work as civil s...
Jokowi keeps everybody guessing over Cabinet reshuffle
Talks of a Cabinet reshuffle have continued to fill public spaces, especially after the inauguration of Gen. Andika Perkasa on Nov. 17 as the Indonesian Military (TNI) commander, replacing Air Chief Marshal (ret.) Hadi Tjahjanto, a close friend of Pr...
Indonesia ups disaster preparedness after Mt. Semeru eruption
The eruption of Mount Semeru in East Java on Dec. 4 has claimed at least 34 lives and displaced more than 3,000 people. The unexpectedly large eruption is thought to have been triggered by persistent thunderstorms eroding part of the volcano’s lava d...
BUSSINES & ECONOMICS
Politician appointed to lead PLN to support EV program
After replacing the performing CEO of state-owned mining holding company Mining Industry Indonesia (MIND ID), State-Owned Enterprises (SOEs) Minister Erick Thohir sacked the CEO of state-owned electricity company PT PLN despite his impressive financi...
New airports deserted, airport operator caught in debt
Deserted airports are taking a financial toll on airport operators. Angkasa Pura (AP) I, one of two state-owned airport operators, is facing a mounting debt of Rp 32.7 trillion due to the lack of passenger traffic in its airports. Considering the ent...
Grab’s tumbling share price and what it means for GoTo
The long-awaited IPO of Southeast Asia’s largest startup finally happened on Dec. 2 with an expected turn, a dramatic plunge of share price. Ride-hailing and delivery company Grab debuted on the Nasdaq at US$13.06 per share under ticker symbol “GRAB”...
Demand, confidence continue to grow
Approaching the end of 2021, Indonesia’s economic recovery is likely to persist for some time. November 2021 saw a promising upward trend in demand, albeit a limited one. Indonesian consumers are also exhibiting relatively robust positive sentiment.
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