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Backgrounder
Tenggara Backgrounder March 29, 2024
POLITICS
Losing presidential candidates go for the jugular. But for what?
Both losing presidential candidates, Anies Baswedan and Ganjar Pranowo, are demanding nothing less than a revote in their appeal to the Constitutional Court, claiming that the Feb. 14 election should be invalidated and the results annulled because of...
Lobbying to expand president-elect Prabowo’s nine-party alliance begins
Now that the General Elections Commission (KPU) has declared Prabowo Subianto and running mate Gibran Rakabuming Raka the winners of the 2024 presidential election, the lobbying commences to bring more political parties into Prabowo's coalition of po...
PDI-P victorious with fewer seats, PPP out of House
As the General Elections Commission (KPU) has concluded the vote counts of the presidential and legislative elections, the composition of the House of Representatives for 2024-2029 period has become clearer, with the Indonesian Democratic Party of St...
Constitutional Court strikes down vague defamation clauses
Following a petition for a judicial review of several articles of the current Criminal Code (KUHP), the Constitutional Court has delivered a ruling that declared a section of the KUHP that stipulates defamation as conditionally unconstitutional. The...
BUSSINES & ECONOMICS
Questions raised about BSD, PIK following inclusion as PSNs
The government recently approved 14 new national strategic projects (PSN), including Pantai Indah Kapuk (PIK) 2 and Bumi Serpong Damai (BSD) in Banten, both of which are developments by publicly listed property companies. However, with these projects...
Govt offers licenses to mine sea sands following export ban lift
The government has begun offering businesses to mine sea sands from the Java Sea, East Kalimantan and Riau Islands for exports and domestic market, following the government's decision last year to lift the 20-year ban of sea sand exports. The opening...
IKN land is up for sale to investors
In its final push before the transition of government, the President Joko "Jokowi" Widodo administration has decided to expedite the provision of land in the Nusantara Capital City (IKN) by putting it up for sale to investors. This move was prompted...
SOEs minister proposes state capital injection worth US$ 3.7 billion
State-owned enterprises (SOE) minister Erick Thohir proposes more state capital injections (PMN) allocation to help SOEs carry out government programs and strengthen SOEs' capital, including for SOEs with troubled histories. The proposal asks for a t...
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