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Backgrounder
Tenggara Backgrounder January 28, 2022
POLITICS
Pro-business Golkar has bigger problem than finding a presidential ticket
As one of the biggest political parties in post-Soeharto Indonesia, the Golkar Party has struggled the last two decades in coming up with a figure from among its ranks who can win the presidency while helping the party’s fortunes at the polls. With t...
In search of Nusantara’s authority head
After the House of Representatives approved the bill to move the capital city from Jakarta to East Kalimantan, all eyes are now on who President Joko “Jokowi” Widodo will choose as the head of the new city’s authority, who will lead the relocation.
All President’s men win military promotion
Indonesian Military (TNI) commander Gen. Andika Perkasa announced on Jan. 21 the first major reshuffle since he assumed the post in November last year. As some had predicted, Udayana Military commander Maj. Gen. Maruli Simanjuntak was named the new c...
Omicron cases on the rise but govt policies remain lax
Indonesia reported its first two deaths from the Omicron variant amid a surge in cases triggered by the highly infectious strain. As of Wednesday, the country had recorded a total of 1,766 Omicron cases since the first was detected mid-December. Whil...
BUSSINES & ECONOMICS
After 4-month freeze, solar panel regulation finally passed
After it was frozen for four months because of an inter-ministerial dispute, Energy and Mineral Resources Ministerial Regulation (Permen ESDM) No. 26/2021 on rooftop solar energy finally came into force this month when the Finance Ministry backed dow...
PGE to go public, geothermal holding firm plan shelved
The country’s largest geothermal power developer PT Pertamina Geothermal Energy (PGE) plans to conduct an initial public offering (IPO) of its shares through the Indonesian Stock Exchange (IDX) later this year to raise public funds to develop untappe...
RI’s first coal gasification project into dimethyl ether begins
Indonesia’s groundbreaking of its first coal gasification project marks a new milestone in the country’s ambition to downstream its extractive sector. President Joko “Jokowi” Widodo on Monday kicks off the construction of a facility that would conver...
Govt rolls out cooking oil subsidy, restricts CPO exports to rein in prices
The government has taken the decision to subsidize cooking oil and restrict exports of crude palm oil (CPO) for the next six months in a bid to rein in the ongoing rise in prices that has caused ripples on the political scene. Businesses, however, ha...
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