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Backgrounder
Tenggara Backgrounder February 16, 2024
POLITICS
Quick counts show Prabowo victory
Quick counts conducted by a number of survey institutes just after the voting on Feb. 14 found presidential candidate Prabowo Subianto and his running mate Gibran Rakabuming Raka garnered the majority of the votes to avoid a runoff. The superiority o...
Ethics violations haunt Gibran’s election as VP
This week's presidential election has been marred by a series of ethical violations, including by the institutions that run and oversee the vote, but in the end, this may be a moot point. Gibran Rakabuming Raka, the eldest son of incumbent president...
House supports Village Law revision ahead of elections
Following a series of rallies organized by the All-Indonesia Village Administration Association (Apdesi) since December last year, the House of Representatives Legislation Body (Baleg) and the Home Ministry have approved the controversial revision to...
PDI-P leads legislative race with Golkar, Gerindra close behind
Quick counts released by several polling institutions have indicated that the ruling Indonesian Democratic Party of Struggle (PDI-P) is set to maintain its decade-long reign in the House of Representatives as it leads the race for legislative seats....
BUSSINES & ECONOMICS
Retail stocks empty as Jokowi distributes rice to 22m families
As President Joko "Jokowi" Widodo's ramped up the rice social assistance program for 22 million poor households in January ahead of the general election, premium rice disappeared from modern retailers. Responding to the scarcity, the President ordere...
Updated rooftop solar panels rulings eliminates net metering
President Joko "Jokowi" Widodo has recently approved the long-awaited revision of a ministerial regulation on PLTS that has not been implemented fully by state electricity company PT PLN. The regulation addresses such hiccups in its implementation by...
KCI to replace Japanese train imports with Chinese trains
PT Kereta Commuter Indonesia (KCI), a subsidiary of state-owned railway company PT Kereta Api Indonesia (KAI), inked an agreement with CRRC Sifang Co. Ltd. to purchase three complete trains for Rp 783 billion (US$49.69 billion) on January 31st, with...
Rumors of potential merger between GoTo, Grab resurface
Rumors about a potential merger between technology unicorns GoTo Gojek Tokopedia and Grab Holdings has resurfaced. The giants of Indonesian ride-hailing and e-commerce businesses are exploring the option partly due to their continued failure to book...
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