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Backgrounder
Tenggara Backgrounder October 06, 2023
POLITICS
Another NasDem minister bites the dust for alleged graft
Corruption allegations dealt a heavy blow to the NasDem Party for the second time, just over four months ahead of the presidential election. Coordinating Political, Legal and Security Affairs Minister Mahfud MD said on Wednesday that the Corruption E...
Whither Rizieq and his (relabeled) FPI?
Rizieq Shihab is a name that many associate with radical Islam who made big headlines in the past, particularly around election season. This is not the case in the run-up to the 2024 general election, however: He and former members of his now-banned...
East Java: Key battleground for presidential candidates
Presidential candidate Prabowo Subianto is eyeing East Java as the electoral battleground to win after the National Awakening Party (PKB), which has a strong voter base in the province, departed early last month to the rival Coalition of Change for U...
Golkar minister Dito implicated in BTS graft case
In the latest development of the graft case concerning the government’s 4G base transceiver station (BTS) project, a witness told the Jakarta Corruption Court that Youth and Sports Minister Dito Ariotedjo allegedly pocketed kickbacks of over Rp 27 bi...
BUSSINES & ECONOMICS
Waskita Karya defaults on bond payments, investors dump holdings
Indebted state-owned publicly-listed construction company WSKT has caused jitters on the stock market after defaulting on Rp 941.75 billion (US$60.38 million) worth of bonds. The SOEs Ministry scrambled to save Waskita by forcing state banks to agree...
Caught in between: Sultan Hotel and its enduring land dispute with govt
The Sultan Hotel, located in the GBK sports complex in Jakarta, has been at the center of a long-standing land dispute between PT Indobuildco, owned by Pontjo Sutowo, and the government. The polemic has continued to the present day, with the governme...
Whoosh HSR line to be extended to Surabaya
The Jakarta-Bandung HSR, which has been branded Whoosh by the KCIC, has started its public free trial period. But there is still work to be done on its stations before it starts full service. The Indonesian government plans for the project, which sta...
Rice and fuel price increases drive September inflation
September's yoy inflation of 2.28 percent in BPS' monthly inflation report, which is within the healthy target inflation range of 2 to 4 percent, is being lauded by the government as an achievement that was reached despite skyrocketing rice and climb...
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