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Backgrounder
Tenggara Backgrounder May 10, 2024
POLITICS
Presidential club initiative likely to be DOA
The initiative to form a presidential club may be dead on arrival, not only because at least one of the two former living presidents will likely oppose the plan but more importantly, because none of the three candidates for membership has the statesm...
Human rights concerns loom amid state’s imports of invasive spyware
A joint investigation by rights watchdog Amnesty International, Indonesian news magazine Tempo and Israeli newspaper Haaretz found evidence that several Israeli-linked firms have been selling invasive spyware to Indonesian state agencies since at lea...
Election Law revision to chart a path forward
In light of the Constitutional Court's ruling on the presidential election dispute, several civil society organizations have asked the House of Representatives to revise the Election Law to make sure of just, free and fair general elections.
Revised Village Law at crossroads
The government and the House of Representatives have formally completed the revision of the Village Law, which had been strongly demanded by village elites across the country, but its effectiveness in improving the welfare of villages and their peopl...
BUSSINES & ECONOMICS
Bata closes its Indonesian factory, raises concerns of deindustrialization
While deindustrialization in Indonesia remains a matter of debate, the recent closure of shoe manufacturer PT Sepatu Bata's only factory in the country has sparked new concerns. The government has assured that Indonesia's manufacturing industry is st...
Indonesia streamlines international airports due to low traffic
The Indonesian government has significantly reduced the number of international airports from 34 to a more sustainable 17 in a move to streamline operations and enhance efficiency. This decision follows consistently low passenger volume on internatio...
GoTo to hold another private placement, buy back shares
Indonesia's tech giant PT GoTo Gojek Tokopedia (GOTO) is preparing for another private placement, pending approval at the company's upcoming annual general meeting of shareholders (RUPST) scheduled for June 11, 2024. However, unlike in the previous p...
Ramadan, election boost Indonesia’s Q1 growth
Indonesia's gross domestic product (GDP) surged to Rp 5.3 quadrillion (US$ 329.5 billion) in Q1 2024, marking a 5.11 percent year-on-year (yoy) growth rate. While this is higher than the yoy growth rate of 5.04 percent achieved in Q4 2023, Q1 also re...
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