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Backgrounder
Tenggara Backgrounder January 17, 2025
POLITICS
Challenges persist as Prabowo’s free nutritious meals program kicks off
President Prabowo Subianto's flagship free nutritious meals program was launched on Jan. 6 as a cornerstone initiative to combat malnutrition and stunting in children. Although the program has already reached hundreds of thousands across 26 provinces...
BRICS makes for bad optics for non-aligned Indonesia
When Indonesia formally became a full member of BRICS, an intergovernmental organization that seeks to change the Western-dominated global financial system, many at home and abroad questioned whether Jakarta was shedding its non-alignment principle....
Claims of bias and abuse of power in regional election disputes
Disputes over the 2024 regional election results being heard at the Constitutional Court mostly involve troubling allegations of central government favoritism for certain candidates.
PDI-P faces test of unity ahead of national congress
The Indonesian Democratic Party of Struggle (PDI-P) is still the biggest party in the country, yet its position with respect to President Prabowo Subianto's administration is either hanging in the balance or remains unclear. However, the ongoing corr...
BUSSINES & ECONOMICS
Danantara in limbo: The endless tale of RI’s investment uncertainty
The official launch of BPI Danantara still has a long way to go. Deputy Finance Minister Thomas Djiwandono, who is also the nephew of President Prabowo Subianto, stated that the situation is more complex than anticipated, delaying the launch until a...
Bahlil appointed as head of downstream, energy resilience team
President Prabowo Subianto has appointed Energy and Mineral Resources Minister Bahlil Lahadalia to lead a task force on acceleration of the downstream industry and energy resilience, which also has authority over marine and forest areas and even to i...
Pertamina RE business expands via cross-border share subscription
State-owned oil and gas holding company Pertamina, through subsidiary PNRE, plans to purchase a 20 percent share of Philippines' biggest solar power producer Citicore Renewable Energy Corporation to increase its capacity in variable renewable energy....
Govt plan to extend DHE lock-up period to one year faces backlash
The Indonesian government plans to extend the mandatory lock-up period for export earnings from natural resource commodities (DHE) to one year. Additionally, it is considering adjustments to the required deposit portion of export earnings, potentiall...
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