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Backgrounder
Tenggara Backgrounder September 02, 2022
POLITICS
Puan makes last dash in 2024 presidential bid
House Speaker Puan Maharani is making high-profile public appearances and increasingly playing the woman card in a bid to boost her electability, which has remained stubbornly low in the run-up to the 2024 presidential election.
Sandiaga’s likely comeback to presidential race
As political parties are gearing up for the 2024 presidential election, one politician that may return to the race is Tourism and Creative Economy Minister Sandiago Uno. The losing vice-presidential candidate in the 2019 presidential election, Sandia...
Data protection law may not really offer protection
The country will likely soon have a private data protection law, as the House of Representatives is finalizing the bill on the matter and is preparing to pass it into law in mid-September as scheduled. Given the rampancy of data theft and cyberattack...
PDI-P finds replacement to fill Cabinet vacancy
President Joko “Jokowi” Widodo has to fill two strategic Cabinet posts, namely the administrative and bureaucratic reform minister and deputy foreign affairs minister positions, which have remained vacant for several months. Though the former post lo...
BUSSINES & ECONOMICS
Govt rolls out social aid, signaling approaching fuel subsidy cut
The government has been holding back on reducing fuel subsidies, fearing the move would exacerbate already rising inflation. As it consistently informs the public of the difficulty of maintaining the current subsidy levels, the government is also rol...
Govt kickstarts Nusantara with $360m construction contracts
The government kickstarted physical development of the new capital city Nusantara in East Kalimantan by awarding 19 contracts worth Rp 5.3 trillion (US$360 million) to mostly state-owned construction companies. President Joko “Jokowi” Widodo has allo...
Online ride-hailing fare increase a blunder, delayed a second time
The Transportation Ministry has delayed the fare increases for online ride-hailing services for a second time in August and may cancel it altogether following backlash from drivers, customers and most of all, according to a source, from the President...
BI lifts policy rate to 3.75 percent, anticipating inflationary pressures
Bank Indonesia (BI) finally raised its benchmark 7-Day Reverse Repo Rate (7DRRR) last week by 25 basis points (bps) to 3.75 percent. Motivated mostly by external factors, the move ends the central bank’s persistent low-rate stance of maintaining the...
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