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Backgrounder
Tenggara Backgrounder July 01, 2022
POLITICS
Criminal Code revision goes ahead despite lack of transparency
The House of Representatives is set to pass revisions to the 1946 Criminal Code by the end of July, despite criticism over the lack of meaningful public participation in the drafting and deliberation of the historic bill.
PDI-P keeps mum over presidential nominee
The ruling Indonesian Democratic Party of Struggle (PDI-P) recently held a second national working meeting, during which it discussed the party’s 2024 election strategy. Despite much ongoing speculation, however, the meeting did not tease any preside...
AHY candidacy still hangs in the balance after NasDem talk
Talks between the NasDem Party and the Democratic Party have intensified. The elite of the two parties have met three times in recent weeks, sending a message they may form a coalition for the presidential election in 2024.
Jokowi takes a crack at peace mediation in Ukraine
President Joko “Jokowi” Widodo visited first Kiev and then Moscow this week in an attempt to broker peace between Ukraine and Russia, overcoming the dangers of Russian bombings of the Ukrainian capital and defying skepticism that he would make a dent...
BUSSINES & ECONOMICS
INA to invest in Traveloka ahead of public listing
The Indonesia Investment Authority (INA) is set to invest in Traveloka, Southeast Asia’s biggest online travel decacorn, in its latest financing series in preparation for the home-grown start-up going public this year or next year. The INA’s move, ho...
AGO names suspects in Garuda aircraft procurement corruption case
The Attorney General’s Office (AGO) has named suspects in an aircraft procurement corruption case surrounding national flag carrier Garuda Indonesia, which the office alleges has caused an estimated Rp 8.8 trillion (US$589.45 million) in state losses...
West-led sanctions force Russia into first foreign default since 1998
Russia has defaulted on its foreign debt for the first time since 1998, after the grace period ended on Sunday night. An unusual default, it was mainly caused by the sanctions imposed by Western countries in response to Russia’s invasion of Ukraine....
Tracking cooking oil sales through PeduliLindungi draws controversy
The government has decided to use the COVID-19 tracking application PeduliLindungi to monitor the distribution of bulk cooking oil to end users, namely low-income people, beginning in July. The policy, aimed at preventing commodity hoarding and to re...
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