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Backgrounder
Tenggara Backgrounder September 20, 2019
POLITICS
KPK dead, fight over the carcass continues
Last week marked the end of the Corruption Eradication Commission (KPK), many say, following the appointment of the controversial cop Insp. Gen. Firli Bahuri as the KPK’s new leader and the issuance of President Joko “Jokowi” Widodo’s acceptance to d...
Indonesia fails its ASEAN neighbors on haze
The government of President Joko “Jokowi” Widodo is letting down not only its own people, particularly those living in Sumatra and the Indonesian side of Borneo, two jungle-rich regions where forest fires have been raging these past few weeks, but al...
Difficulties ahead of cybersecurity bill legalization
Nearing the end of their term, the current House of Representatives’ legislators have sped up their deliberations on the cybersecurity and resilience bill, aiming to pass the bill by the end of September. The bill, however, has been fraught with crit...
Lobbying for Jakarta deputy governor position continues
For more than a year since Sandiaga Uno resigned from his position as Jakarta deputy governor, the seat has remained empty. As parties that nominated Sandiaga, the Prosperous Justice Party (PKS) and the Gerindra Party have the prerogative to nominate...
BUSSINES & ECONOMICS
Palm oil, property industries lobbying behind land bill push
Major palm oil and property firms have ramped up their lobbying in the last few months to get their interests accommodated in the draft land bill. One of their interests is the extension of cultivation rights (HGU) up to 80 years, 20 years more than...
Winter is coming for Indonesia’s e-commerce sector
The Indonesian public were shocked by the decision of one of the country’s e-commerce unicorns, Bukalapak, to axe 100 people from its 2,600-strong workforce last week. Indonesia’s e-commerce sector is currently facing its real challenge, managing the...
Indonesia reaches trade deal with India
The Indian government promises to level import duties on refined bleached deodorized palm oil (RBDPO) products imported from Indonesia and Malaysia. The agreement was reached between Indonesian Trade Minister Enggartiasto Lukita and Indian Trade, Ind...
US Fed cuts rate amid liquidity crunch in repo overnight market
The United States Federal Reserve has had a turbulent week. On Tuesday morning, the US overnight repo market experienced a sudden liquidity crunch as shown by a soaring secured overnight financing rate (SOFR) from the previous day’s closing rate at 2...
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