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Backgrounder
Tenggara Backgrounder January 19, 2024
POLITICS
Prabowo-Gibran’s masterplan in motion to avoid run-off
In the high-stakes arena of Indonesian politics, presidential candidate Prabowo Subianto and his running mate Gibran Rakabuming Raka seem to have made strategic and calculated attempts to secure victory after one round in next month's election. Their...
Political agenda behind government’s social assistance
As the elections draw closer, the government is intensifying the distribution of social assistance to people in need. The government says the program is needed to anticipate a potential crisis resulting from the El Niño weather phenomenon, but given...
‘Cold war’ between Jokowi and Megawati worsens
Marking the Indonesian Democratic Party of Struggle's (PDI-P) 51st anniversary, chairwoman Megawati Soekarnoputri delivered a speech that was aimed at disparaging President Joko "Jokowi" Widodo who, despite being a card-carrying party member, was not...
Jokowi’s perceived biases threaten election integrity
An old Indonesian proverb goes something like "a teacher pees standing, students pee running" meaning that if a teacher or a leader does something bad, then students, or followers, will not only copy it, but will try to outdo them.
BUSSINES & ECONOMICS
Govt sets ambitious EV target for 2024 as adoption below par
The Indonesian government has major work ahead for its EV ambitions as fewer than 1,000 units of fuel-based motorcycles were converted to electric ones in 2023, far below the 50,000-unit target. For 2024, a more ambitious target of 150,000 units has...
Food estate difficult to defend during campaign period
The food estate program has become a weak point for President Joko "Jokowi" Widodo and presidential candidate Prabowo Subianto, as it has drawn attacks from rival presidential candidate Anies Baswedan. In the last presidential debate, Anies singled o...
Entertainment tax hike draws backlash
The new entertainment tax policy going into effect, which sees the lower limit of entertainment tax as high as 40 percent, has drawn backlash. Many parties are concerned that about the adverse economic impact to businesses affected by the policy, whi...
Foreign reserves monthly increase reaches 28-month high
Indonesia recorded the monthly increase of US$8.3 billion in foreign reserves from November to December 2023, the highest monthly increase over the last 28 months. As Indonesia's trade surplus only increased slightly from US$2.41 billion in November...
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