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Backgrounder
Tenggara Backgrounder March 14, 2025
POLITICS
Cronyism reawakens as Prabowo caves in to top tycoons
President Prabowo Subianto has positioned himself as a populist leader, launching ambitious initiatives to appeal to the broader public. However, his recent meet-ups with the country's top business magnates have raised suspicion over his underlying i...
Peaceful elections, high voter turnouts no guarantee of Indonesian democracy
Indonesia in 2024 held a series of elections that went off relatively peacefully and saw large voter turnout to give popular legitimacy to those in power today, yet the country saw its ranking in the global democracy index decline last year.
Potential motives behind Tom Lembong graft case
Thomas "Tom" Trikasih Lembong, former trade minister during the first term of former president Joko "Jokowi" Widodo, is standing trial at the Jakarta Corruption Court on charges related to alleged embezzlement of state funds with regard to raw sugar...
BUSSINES & ECONOMICS
State revenue nosedives, fueling speculation over Sri Mulyani’s exit
After a month-long silence, the Finance Ministry has finally released the state budget (APBN) performance report for January and February 2025. The delay had already stirred speculation about internal tensions within the ministry, including persisten...
MinyaKita scandal exposes weakness in govt’s anti-market policy
The recent scandal over MinyaKita has exposed a crack in the government and structural flaws in the DMO policy. According to economists, the anti-market policy fails to account for volatile CPO prices, leaving producers struggling to meet costs and i...
Govt to establish 70,000 village cooperatives to boost rural economy
The government plans to establish 70,000 Red and White village cooperatives at an estimated cost of Rp 350 trillion (US$21.47 billion), with the official launch set for July 12, coinciding with National Cooperatives Day. This initiative aims to stren...
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