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Backgrounder
Tenggara Backgrounder November 10, 2023
POLITICS
Chief justice Anwar demoted but remains in court
Chief justice Anwar Usman has been removed from his post after the Constitutional Court's ethics council, led by Jimly Ashshiddiqie, found him guilty of committing a serious ethics violation. There have been calls for Anwar's removal since he cleared...
Estranged Megawati can undermine Jokowi’s last year in office
The increasingly estranged relationship between President Joko "Jokowi" Widodo and the Indonesian Democratic Party of Struggle (PDI-P), the largest party in his coalition government, in the run up to the February general election will likely undermin...
Government apparatus neutrality in question ahead of 2024 elections
President Joko ‘'Jokowi'' Widodo has urged public institutions and bureaucrats to stay out of practical politics ahead of the 2024 elections, but several events have shown this instruction may ring hollow. The neutrality of governmental entities seem...
Asta Cita: Prabowo-Gibran’s promises to continue Jokowi’s legacy
With the 2024 presidential election campaign on the horizon, all eyes are on the promises of the three candidate pairs. The campaign document of the Prabowo Subianto-Gibran Rakabuming Raka ticket pledges to guide Indonesia toward achieving the goal o...
BUSSINES & ECONOMICS
Indonesia begins study for extending Whoosh! to Surabaya
The plan to extend the Whoosh! HSR to Surabaya is entering its early stages. The route extension, which currently only connects Jakarta and Bandung, is necessary to increase the high-speed public transport utilization from its current state. However,...
Tuban GRR project in limbo as Rosneft reels under sanctions
The country's largest new oil refinery project, the US$13.5 billion Tuban Grass Root Refinery (GRR) in Tuban, East Java, is stalled as state-owned oil and gas company Pertamina's investing partner Rosneft of Russia is facing Western sanctions due to...
J&T Global Express’ IPO falls short over alleged legal violations
Indonesian courier company J&T Global Express made an underwhelming debut on the Hong Kong Stock Exchange on Oct. 27 amid scrutiny of the company's operations in its country of origin. It is alleged that J&T Global's capital structure violates existi...
Downstreaming drives Indonesia’s growth amidst slowdown period
Indonesia's yoy GDP growth for Q3 of 2024 fell short of the 5 percent target, reaching 4.94 percent or a total GDP of Rp 3,125 trillion. According to data from BPS, the growth rate of the manufacturing industry accelerated significantly qtq from 0.47...
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