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Backgrounder
Tenggara Backgrounder May 30, 2025
POLITICS
Corruption overshadows discourse on political party financing
Every five years, Indonesia holds a multi-party general election typically participated in by around 20 political parties. But every time the nation launches a discourse on how best to finance these parties, someone in the room will quickly shout "co...
Jokowi’s fake diploma allegation sparks unnecessary controversy
The controversy surrounding an alleged fake university diploma belonging to former president Joko "Jokowi" Widodo appears to be nearing resolution, though legal consequences for involved individuals could still result in criminal charges.
Dedi Mulyadi: Sundanese prince’s road to glory
Although the next presidential election is four years away, politicians across the country have already begun to boost their popularity in hopes of garnering enough support for a possible run. West Java Governor Dedi Mulyadi is among the politicians...
BUSSINES & ECONOMICS
New RUPTL signals energy security prioritized over green transition
The long-awaited 2025-2034 Electricity Procurement Business Plan (RUPTL), launched by the Energy and Mineral Resources (ESDM) Ministry on May 26, 2025, signals a shift in the government's energy priorities—placing greater emphasis on energy security...
Fraud cases at BPDs set major setback for the banking industry
A series of corruption and fraud cases have been uncovered at several regional development banks (BPDs), including Bank Jabar dan Banten (BJB), Bank DKI Jakarta, Bank Jatim and Bank Jateng. These cases involve practices such as side streaming, fictit...
BI cuts rate during Rupiah appreciation to bolster economic growth
Bank Indonesia (BI) decided on May 21 to lower the country's benchmark interest rate—the BI rate—by 25 basis points, bringing it down to 5.5 percent. This move comes on the back of signs that the Rupiah is gaining strength and stabilizing after a per...
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