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Backgrounder
Tenggara Backgrounder October 21, 2022
POLITICS
Police reform urgent as public trust nose-dives
The subject of police reform is far from new in Indonesia. However, following a string of high-profile incidents involving the National Police, demands for meaningful changes have reached a boiling point. President Joko “Jokowi” Widodo conveyed the m...
Ganjar — popular but lacks own party’s support
Political parties have been racing to announce who they will be backing in the 2024 presidential election. Most recently, the Indonesian Solidarity Party (PSI) declared its support for Central Java Governor Ganjar Pranowo in the election, saying he i...
Anticipating Jokowi’s next reshuffle
When it comes to Cabinet reshuffles, the public is used to relying on the grapevine as President Joko “Jokowi” Widodo usually keeps the matter a secret. However recently, instead of leaving the public guessing, the President chose to break the news h...
Indonesia’s foreign policy, between principle and pragmatism
Indonesia has joined the global chorus in condemning Russia for annexing four Ukrainian provinces, but it is unclear whether this was out of principle or more out of pragmatism, given the inconsistency of how the government has responded to the turn...
BUSSINES & ECONOMICS
Erick creates holding SugarCo to cut imports, support energy transition
The State-Owned Enterprises (SOEs) Ministry has finally established its sugar factory holding entity SugarCo or PT Sinergi Gula Nusantara (SGN). The holding formation aims to achieve national sugar self-sufficiency to reduce imports and increase dome...
Bakrie’s coal-mining unit BUMI alive again after Salim’s entrance
Long dumped and shunned by investors, publicly listed coal miner PT Bumi Resources Tbk (BUMI), one of the largest mining companies associated with politically connected the Bakrie Group, is once again becoming a target of investors in the stock marke...
Prioritizing economic recovery, Govt delays carbon tax until 2025
After being delayed for half a year, Coordinating Economic Minister Airlangga Hartarto announced on Oct. 13 that the carbon tax will be implemented in 2025. Business players and analysts were not surprised as the country has yet to issue any regulati...
RI continues with its trade-surplus trend, amid falling exports, imports
Indonesia’s September trade surplus touched US$4.99 billion due to slower-than-expected growth of both exports and imports last month. Although the figure beat forecasts pointing to around $4.8 billion, the government may need to remain vigilant as t...
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