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Tenggara Backgrounder September 29, 2023
POLITICS
Now Jokowi has a party he can call his own
President Joko “Jokowi” Widodo now has a political party he can call his own after his youngest son Kaesang Pangarep took control of the Indonesian Solidarity Party (PSI) this week, only three days after he was inducted as a member. This prepares the...
Prabowo paving the way for military to reenter politics?
With the Democratic Party throwing its weight behind presumptive presidential candidate Prabowo Subianto, the retired general has thus far garnered a meaningful amount of military support. The question of whether Indonesia would see another period of...
Supreme Court drops trillions of economic losses in appeal ruling
The Supreme Court panel of judges has increased the prison sentence for corruption convict, palm oil tycoon Surya Darmadi from 15 years to 16 years, but significantly reduced the amount of money Surya has to reimburse the state from Rp 42 trillion to...
Government to grant special power to IKN Authority
After a series of debates, the government and the House of Representatives agreed on Sept. 19 to bring the draft amendments of the Capital City Law to the House plenary session for approval. According to National Development Planning Agency (Bappenas...
BUSSINES & ECONOMICS
No easy feat to link Musk’s Starlink with Indonesia
Negotiations are under way for Starlink, a satellite-based broadband service owned by billionaire Elon Musk, to operate independently in Indonesia and provide internet services directly to Indonesian consumers. However, reaching a deal has become a c...
Airfares spike, shrunken aircraft fleet overwhelmed
Despite the government's efforts to press down airfare, which spiked following the end of travel restrictions due to recovering air travel demand, both Indonesia’s domestic and international airfare have refused to decrease. National Consumer Protect...
Indonesia bans TikTok from selling products directly to users
The Indonesian government has issued a revised trade ministerial regulation that bans social media platforms from engaging in and facilitating e-commerce activities. From now on, social media and e-commerce platforms must be separated. The pressure t...
Indonesia's maiden carbon exchange aims high, to achieve NZE 2060
The Indonesian government has launched the IDXCarbon, aiming to be a major global player in carbon trading and reaffirming its commitment to achieving net-zero emissions (NZE) in 2060 or earlier. Crucial elements are still pending, however, such as f...
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