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Backgrounder
Tenggara Backgrounder March 22, 2024
POLITICS
Consolation prize for PDI-P: House speakership
It is by far the least powerful job among the country's highest state political institutions, but for the Indonesian Democratic Party of Struggle (PDI-P), the position of House speaker may be a consolation prize after emerging as the party with the m...
Debated draft policy to place more military & police in civilian positions
A draft government regulation (PP) expected to be passed later next month aims to allow more active Indonesian Military (TNI) personnel and police officers to be appointed to civilian posts, and has sparked protests from opposition politicians as wel...
Jokowi attempts to cling to power after October through Golkar
Although his presidential term will end formally in October this year, President Joko ‘'Jokowi'' Widodo seems to have no intention of stepping away from politics as he reportedly tries to cling to power through the Golkar Party, the country's second...
The implications of Jakarta becoming part of an agglomeration
The government and the House of Representatives' Legislation Body (Baleg) have expedited deliberations over the Jakarta Special Region (DKJ) bill in the hope of passing it into law during the current sitting period. The tentative deadline is early Ap...
BUSSINES & ECONOMICS
Troubled Indonesia Eximbank hit by another round of Rp 2.5 trillion fraud
The financially troubled Indonesian Export Financing Agency (LPEI), known as Indonesia Eximbank, has suffered from another round of bad debts, resulting from fraud. Finance Minister Sri Mulyani Indrawati recently submitted a report of fraud at the ba...
Freeport’s license extended to 2061 in exchange for 61% MIND ID stake
The government is set to amend a 2021 government regulation to allow the extension of copper and gold miner PT Freeport Indonesia's special mining business license (IUPK) by another 20 years until 2061. In return, United States-based Freeport-McMoRan...
OJK appeals court decision to cancel Kresna’s license revocation
The PTUN on Feb. 22 granted a lawsuit to cancel the OJK's decision to revoke the business license of Kresna Life. In response, OJK filed an appeal last week to keep Kresna Life's license revoked. The legal battle leaves Kresna Life policyholders in l...
Air passengers’ carry-on import restrictions spark protests
The implementation of restrictions on imports carried in passengers' carry-on luggage, as outlined in Permendag No. 3/2024, has taken effect this month, triggering widespread reactions among the Indonesian public. At the same time, the regulation has...
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