Prabowo’s Contradictory Economic Policies
The government’s economic policies fail to inspire investor confidence, leading to a turbulent time in the market ahead
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The government’s economic policies fail to inspire investor confidence, leading to a turbulent time in the market ahead
A subsidiary of the peer-to-peer lending platform KoinWorks falls victim to an alleged fraud, resulting in a loss of Rp365 billion. Lenders are now threatening legal action.
Amid rampant fish poaching in Indonesian waters, traditional communities in Maluku enforce sasi, a practice that protects the seas and coasts.
Disobedience has a price. The cost of civility is enormous.
The investigation into the Communication and Digital Affairs Ministry employees backing online gambling is expanded to include many people. Ill-gotten gains from a political operation.
The presence of Hashim Djojohadikusumo at COP29 in Azerbaijan was considered as bearing a conflict of interests. He was promoting the business of Arsari Group.
The disbursement of People’s Business Credit faces numerous challenges. Farmers and small business owners are vulnerable to loan sharks and middlemen.
The plan for a super-holding for state-owned enterprises dates back to the New Order era. The SOEs Ministry will be replaced by a giant corporation.
With the Supreme Court’s judicial mafia, when one branch is lopped off, another 10 grow in its place. It needs to be comprehensively cleaned up.
The Supreme Court dismissed three judges suspected of accepting bribes in the Ronald Tannur case. This adversely impacts efforts to improve the judiciary.
Judicial Commission Chair Amzulian Rifai on the corruption in judicial institution involving judges.
Driven by corporate demand, helicopter business opportunities continue to grow. Operators are increasingly expanding their fleets.
There is an increasingly real threat to Indonesia’s biodiversity. It cannot be overcome through empty slogans at international forums.
KPU Chair Mochammad Afifuddin on turbulence within his institution following the dismissal of Hasyim Asy’ari, and the Constitutional Court’s decision on the regional head elections.
Various parties from the National Police Chief to the State Palace are accused of interfering in the KPK leadership candidates selection process. The candidates are divided into four clusters.
Tempo’s interview with Minister of Communication and Informatics Budi Arie Setiadi about Jokowi’s campaign before the end of his tenure.
As President Jokowi's term neared its end, instructions were given to promote the government's achievements, and billions of rupiah in contracts were offered to the media.
Jakarta governor and deputy governor candidates promise improvements in inclusive public transportation.
Supreme Court Chief Justice Muhammad Syarifuddin uses artificial intelligence to handle cases. Case brokers continue to be a threat.
Media companies are experiencing upheaval due to the rapid changes in the business landscape. The industry is moving towards a new equilibrium.
Using a variety of pretexts, the political parties replace elected legislative candidates. This is a betrayal of the people’s choice.
Hendra Sabarudin’s drug network distributed methamphetamine from Tarakan prison starting in 2017, allegedly aided by police and prison guards.
The government plans to dredge 17.6 billion cubic meters of sea sand and sediment, altering the landscape and destroying marine life.
The government designated a number of areas as zones for cleaning sediment and sea sand.
Anindya Bakrie ousts Arsjad Rasjid from the position of General Chair of the Indonesian Chamber of Commerce and Industry (Kadin). The Palace’s support shifted.
Anindya Bakrie ousted Arsjad Rasjid as the Chair of the Indonesian Chamber of Commerce and Industry (Kadin). The organization is becoming like a political party and enjoys large funds coming in from overseas.
Gubernatorial candidates are trying to win over the votes of Anies Baswedan supporters in the Jakarta regional election. Jokowi reportedly shifted his support.
Pramono Anung and Ridwan Kamil shed light on the dynamics surrounding their appointments as Jakarta gubernatorial candidates.
Police uncover baby trafficking syndicate operating in Java-Bali since 2023. Five babies were already sold.
News summary on the conflict of interest of KPK leadership candidates and 44 ministries in Prabowo’s government.
Commission III of the House of Representatives rejected all the Supreme Court judge candidates proposed by the Judicial Commission. The rejection allegedly was due to their favored candidate failed to pass.
The Indonesian Democratic Party of Struggle (PDIP) strives to counter candidates supported by the Palace. It is an early projection for the 2029 General Elections.
BRIN is designing the Peluit-40 nuclear reactor to replace diesel power plants, claiming it to be safer.
The Bocor Alus Politik podcast receives the Udin Award that we dedicate to our viewers and readers.
An exclusive Tempo interview with Anies Baswedan regarding his chances to run in the Jakarta regional head election.
Jokowi and Prabowo’s coalition are maneuvering to thwart Anies Baswedan’s candidacy in the Jakarta regional head election. Cabinet posts are being offered as inducements.
Tommy Hermawan Lo’s name emerges following the mention of Mr. T in online gambling that involves human trafficking case. He is a director at a casino management company.
Victims of human trafficking for online gambling and scamming in Cambodia claimed of being forced to work 12-hour shifts and being beaten. Recruitment is still ongoing.
The battle in the presidential election is set to continue in regional head elections. The PDI-P is determined to challenge President Joko Widodo’s candidates.
Personal protective equipment corruption suspect, Budi Sylvana, denied inflicting up to Rp300 billion of losses to the state. He revealed the roles of other officials in the case.
Muhammadiyah follows Nahdlatul Ulama’s step to accept mining concession offer from the government. Muhammadiyah General Chair Haedar Nashir explains about it.
Muhammadiyah accepts the government’s mining concession offer. Many members are against it. Busyro Muqoddas, Chair of Muhammadiyah’s Law and Human Rights Council explains.
Muhammadiyah cadres and administrators are divided in their response to the mining concession. There are whispers from the government and the entrepreneurs.
Retno Marsudi dismissed the idea that the government is merely meddling foreign affairs. She emphasized that Indonesia is a trusted partner on the international stage.
Chair of IDI, Mohammad Adib Khumaidi, discusses the polemic over the plan to allow foreign doctors to practice in Indonesia. He emphasizes stringent regulations are necessary.
Communication and Informatics Minister Budi Arie explains the cyberattack on the Temporary National Data Center. He dismisses allegations of negligence.
Infinite Earth responds regarding the revocation of Rimba Raya Conservation’s ecosystem restoration permit.
There will be a wave of layoffs at Tokopedia as a result of inefficient practices. This is the result of government policy rife with conflicts of interest.
The PDI-P is preparing to replace Hasto Kristiyanto after he was questioned by the KPK in the Harun Masiku case. They are wary of the Palace’s interference.
The founders of GoTo and Tokopedia sold their shares. New investors now have control of ownership.
Tokopedia made significant cuts in its workforce following its business consolidation with TikTok. A consequence of inefficient business operation.
Muhammadiyah’s business networks cover various sectors, from education to financial services. It seeks to create a closed economic ecosystem.
Muhammadiyah withdrew trillions of rupiah from Bank Syariah Indonesia. It was the accumulation of various problems, from operational matters to appointment of commissioners.
Communication and Informatics Minister Budi Arie Setiadi talks about the polemic over the planned revision of the Broadcasting Law and the Starlink Internet service.
Narendra Modi is likely to serve his third term as the Prime Minister of India. His campaigns are based on populism and religion.
The fintech lending business is increasingly losing steam. Returns continue to decline while fund owners are opting for other investment portfolios.
Tourism and Creative Economy Minister Sandiaga Salahuddin Uno assures that the tourism fee will not be imposed on plane tickets.
The Constitutional Court rejected lawsuits disputing the results of the 2024 presidential election. The option of disqualifying Gibran was discussed in a meeting of the judges.
Foreign Affairs Minister Retno Marsudi explains the Gaza war and the Iran-Israel conflict with its impact on Indonesia’s economy.
Islamic boarding schools (pesantren) cannot be closed even if they do not have a license from the government. There is no protection from the Ministry of Religious Affairs if legal problems arise.
The Rabithah Alawiyah organization is in charge of recording and preserving the line of descent of the Alawiyyin in Indonesia. Seven books from Yemen serve as their guide.
Several companies are applying for permits to utilize sediment, including sea sand. Large corporations use landfills for land reclamation areas.
Indigenous people are taking legal action against the President and the DPR for delaying deliberations of a bill. It has taken second place to the interests of investors.
State banks stop distributing loans to state construction companies. Government assignment projects are burdening banks.
The government opens the option of switching energy subsidies for the free lunch program. This threatens poor households.
The government issues a regulation to develop the game industry. There will be a special funding agency.
Discussions of the Asset Recovery Draft Law is stagnating in the DPR. It is key to preventing money laundering.
TikTok Shop’s acquisition of Tokopedia changes the Indonesian business map. It is not clear how small and medium enterprises will be protected.
The prosecutor persists in filing a cassation against the acquittal of Haris Azhar and Fatia Maulidiyanti. It is a threat to the freedom of expression.
GoTo CEO Patrick Waluyo reveals the story behind the selling of Tokopedia shares to TikTok. How much profit did GoTo get?
The integration of TikTok Shop with Tokopedia will reinforce GoTo’s business. Indonesia’s e-commerce competition landscape is changing.
The presidential and vice-presidential candidates are relying entirely on gimmicks to exploit the emotions of the people. This moves the campaign away from substantive discussions.
Do the presidential candidates succeed in attracting young voters with social media gimmicks?
Budiman Sudjatmiko persuades other activists to support Prabowo Subianto. He claims he is not motivated by money.
How does the Indonesian Solidarity Party get its funding? Is the aid from conglomerate bosses like Djarum’s owner true?
Presidential Chief of Staff Moeldoko is writing regarding his alleged interference in electric vehicle policy over Wuling’s SNI certification.
Post-Firli Bahuri, the Corruption Eradication Commission (KPK) is still walking backward toward its grave. A radical reform is needed.
The presidential candidates’ campaign teams are an illustration of the type of government they would form if elected. Businesspeople have a central role.
The Corruption Eradication Commission is no longer independent ever since it became part of the executive body. The fruit of the revised KPK Law.
In Indonesia, presidential candidate debates are planned as bogus performances. There is no in-depth discussion of the issues.
Yet again, a member of the Supreme Audit Agency is involved in corruption. The system for selecting these state auditors is very poor.
Judicial Commission Chairman Amzulian Rifai explains the boundaries of his authority in dealing with judges, and the Judicial Commission Bill.
Sandiaga Uno and Garibaldi Thohir’s company is in conflict with local miners. The amount of compensation is considered inadequate.
Having no democratic legitimacy, Gibran Rakabuming Raka must withdraw his candidacy for the vice-presidency.
Tempo's special interview with MKMK Chairman Jimly Asshiddiqie regarding the dismissal of Anwar Usman as Chief Justice of the Constitutional Court.
The program to put coal-fired power plants (PLTU) into early retirement is hampered by funding problems. As grants are stuck, the state budget must be disbursed.
Nepotism is the close relative of corruption and dictatorship. The Indonesian Independence Proclamation places nepotism as a threat to independence.
Constitutional Court Chief Justice Anwar Usman is reportedly maneuvering to lower the minimum age limit for presidential and vice-presidential candidates, paving the way for Gibran.
The Constitutional Court reportedly already made a decision in favor of a lawsuit regarding the minimum age requirement for presidential and vice-presidential candidates. The issue is rife with conflicts of interest.
Carbon trading is simply a way to mitigate climate change. The main aims are the energy transition and environmental protection.
The Indonesian Stock Exchange established four carbon trading mechanisms. There were 27 transactions in three schemes in the initial sale.
Presidential candidates’ supporters are creating unfavorable atmosphere in the build-up to the 2024 general elections with them more inclined to speak about rivals’ weaknesses than promoting their champions’ profiles.
The 2024 presidential candidates are competing to garner support from retired generals. This perpetuates the militaristic nature of Indonesian politics.
The plan from the OJK to introduce carbon units as securities could lead to problems. Carbon trading no longer means a reduction in emissions.
The three soldiers who allegedly killed a civilian should be tried in a criminal court. The Military Courts Law needs to be revised.
The OJK regulates carbon exchanges as a securities trading platform. How will the OJK prevent greenwashing in the carbon exchange?
The news in our media is problematic. Why is that?
Voluntary carbon trading has stopped since 2021, due to upside down policies.
Individuals and companies are already implementing carbon trading in the voluntary market. But no price standard has been set.
News summary, from the dismissal on Budiman Sudjatmiko to Food Estate.
The Communication and Digital Affairs Ministry is tidying up house now that 10 of its employees are accused of participating in online gambling. Their flow of cash is being scrutinized.
Ridwan Kamil’s electability remains stagnant in the Jakarta regional head election. His supporting parties are not actively campaigning for him, leaving him hoping for support from Prabowo and Jokowi.
Capital outflow becomes increasingly clear at the outset of Prabowo’s administration. The large cabinet undermines investors’ confidence.
Prabowo Subianto is hoping to erase his sins in relation to the 1998 kidnappings. Gross human rights violations will not be a priority.
President Jokowi entrusted his confidants to join Prabowo’s cabinet. Several ‘volunteers’ also received positions.
Indonesia’s economy and financial markets are once again facing volatility stemming from China and the Middle East, leaving no respite for investors.
Indonesia is poised to fall into the middle-income trap. Only a few people enjoy the economy pie.
Former Governor of the National Resilience Institute and Indonesian Ambassador to the Philippines, Agus Widjojo, on the revision of the Indonesian Military Law.
Optimism is brewing in the financial markets, while the real sector is signaling a slowdown. A heavy burden for the incoming president.
The government plans to liquidate Jiwasraya after the settlement of policyholder claims. A massive deficit still hangs over the company.
Families of children suffering from acute kidney failure still seek justice. The number of children undergoing dialysis is reportedly on the rise.
Prabowo has no room to maneuver with increasing debt. A volatile rupiah would define his presidency.
There is no possibility for Prabowo to go on a spending spree during his presidency. Debt repayment liabilities will shackle him.
What should the government do to prevent the recurrence of bus accidents?
The Middle East conflicts will have a negative impact on the Indonesian economy. The solution is to improve the domestic economy.
Middle-class society is being squeezed. They don't get social assistance. Nor do they have enough savings while they incur the burdening debts.
Indonesia is the world's largest producer of animal torture video content. This is a result of weak law enforcement.
Over the last three years, the police arrested producers of videos depicting the torture of baby monkeys. Their networks spread as far as the United States.
The human remains at Rumoh Geudong are strong evidence of human rights violations. The government has an obligation to uncover the truth and bring justice.
Groups of people have been consistently venerating habibs and sayyids, descendants of the Prophet Muhammad, since the Dutch era. They sought blessings even to their graves.
Part of the public reveres habib and sayyid as a form of adoration for Prophet Muhammad. A controversy arises regarding the lineage of Bani Alawi.
Anies and Ganjar can only rely on a lawsuit to the Constitutional Court because the route of the right of inquiry at the DPR is deadlocked. They are focusing on election interference by President Jokowi.
The presidential election is not over yet. The lawsuit in the Constitutional Court shows that something is wrong in the 2024 presidential election.
The President of Indonesia is mandated as both head of state and head of government. His authority is extensive.
The suspicions of fraud in the presidential election are strong enough for the DPR to exercise its right of inquiry. The party elites will face the test of history.
Prabowo-Gibran is likely to win the presidential election in one round. They were boosted by the ‘Jokowi effect’ and Ganjar-Mahfud’s landslide defeat.
In the corruption case in Sidoarjo, the KPK gives the impression of having become a political tool. A thorough investigation is needed to remove this impression.
Foreign archeologists doubt the site of Gunung Padang as the world’s oldest pyramid. A journal publisher is going to investigate.
Acts of intimidation are being aimed at people critical of the government. Even art events are not exempt from censorship.
Reports on the Presidential Regulation on the Rempang Eco-City and the Jayapura riots.
The KPU is slow in preparing the presidential debates. It is considered to favor the Prabowo-Gibran pair.
The presidential and vice-presidential candidates rebut various issues ahead of the presidential election debate. It is deemed not to affect their electability.
A lot of gimmicks will be used at the presidential debates, as the candidates are trying to attract young voters.
A capsule of weekly news ranging from Supreme Court’s rejection of the President and Environment Minister’s cassation appeal in the air pollution case to the progress of the ITE Law revision.
Erry Riyana Hardjapamekas had a meeting with the President before the Constitutional Court issued a ruling that allowed Gibran Rakabuming Raka to move forward as a vice presidential candidate.
President Jokowi actively supported the Prabowo-Gibran presidential nomination ahead of the Constitutional Court’s decision. A state institution was utilized to support the effort.
Erick Thohir and Airlangga Hartarto are maneuvering to be chosen as Prabowo’s running mate in the 2024 presidential election. They are up against Khofifah Indar Parawansa.
Prabowo Subianto will almost certainly choose Gibran Rakabuming Raka as his vice-presidential running mate. Jokowi supports a Prabowo-Gibran ticket.
How is Arsjad Rasjid polishing Ganjar Pranowo for the upcoming presidential election?
National Police’s Criminal Investigation Department Chief Comr. Gen. Wahyu Widada on Fredy Pratama’s drug cartel and the Operation Escobar that brought it down.
The government fails to pay compensation to the families of children suffering from acute kidney injury. It ends up in court.
Families of victims of acute kidney injury are anticipating compensation from the government. It is the extended impact of poor coordination of government institutions.
The current dispute over the selection of presidential candidates and their running mates stems from the nomination threshold. People do not have much of a choice of potential leaders.
The tug-of-war in the discussion of the draft presidential regulation on places of worship. The position of adherents of traditional beliefs becomes a point of contention.
A Presidential Security Detail (Paspampres) member and two TNI members kidnapped and tortured a cosmetic trader to death. There were presumably eight other victims.
Anies Baswedan choses Muhaimin Iskandar to be his vice-presidential running mate. Agus Harimurti Yudhoyono is eliminated in the final turn.
Muhaimin Iskandar is insistent on becoming the vice-presidential candidate in Prabowo’s coalition. The PPP is considering of withdrawing from Ganjar’s coalition.
Former Director-General of Mineral and Coal, Ridwan Djamaluddin, is named as suspect in the Mandiodo Block nickel corruption case.
The energy transition project plan is challenged by new steam power plant projects, threatening financial aid from developed countries.
Former government employees at the Foreign Affairs Ministry are demanding the disbursement of unpaid wages. How did it come to happen?
Kidney trading on the black market is on the rise. The government should pay compensation to donors.
The government faces difficulties accommodating kidney donors and recipients. The need for kidney donors is high, but the supply is very limited.
A kidney donor says he is having difficulty finding a job. He sold a kidney because of financial troubles.
The lives of kidney donors get worse after having the operation. This does not diminish interest among potential kidney donors.
The police exposes Indonesian kidney trafficking network in Cambodia. The victims are enticed through social media.
The government removed the conditions for electric motorcycle subsidy recipients. It will be made available to everyone.
Several activists remained outside of power after 1998. Some join non-governmental organizations, others pursue music.
A number of activists from the 1998 Reformasi movement have joined the Presidential Palace. They are involved in carrying out government’s agenda.
The government’s promised one-price cooking oil subsidy has not been paid, thanks to late verification and differences in opinion.
Jokowi seeks to determine the candidates who will run in the 2024 General Elections. He encourages Sandiaga Uno and Erick Thohir to become vice-presidential candidates.
Ganjar and other presidential candidates must side with the people. Even if they have to go against the wishes of their parties.
Vice-presidential candidates will determine who will be the 8th President of Indonesia. Why?
Ecocide at the International Criminal Court would be a breakthrough for environmental law. Unfortunately, Indonesia has not ratified the Rome Statute.
Vanuatu's resolution to the United Nations on the obligation of states to preserve the climate will pave the way for ecocide to be brought to the International Criminal Court.
Sukidi, a Harvard graduate and an Islamic thinker, proposes his ideas on reforming Islam such as alternative interpretations of Idul Fitri and even the Holy Qur’an itself, among others.
Goenawan Mohamad wrote the essay After 46 Years, saying goodbye to writing Sidelines.
The KPK may only charge Rafael Alun Trisambodo for accepting gratuities. Those who paid the bribes will remain untouched.
The criminalization of Haris Azhar and Fatia Maulidiyanti is a threat to freedom of expression. Indonesia is not worthy of becoming a member of the United Nations Human Rights Council.
The UN Special Rapporteur Francesca Albanese reveals the situation in Palestine and why she says Israel maintains an apartheid policy in the territory.
Sri Mulyani was included as a candidate for governor of Bank Indonesia. After getting some new whispers, Jokowi chose Perry Warjiyo again.
Changes to Sidelines. Goenawan Mohamad will still contribute to the column, though not on a weekly basis.
Prospective presidential candidates are being pragmatic in choosing their running mates. Electoral interests are the only consideration.
The Indonesian Press Council is formulating a draft presidential regulation aimed at fostering business equality between news media and digital platforms to ensure that business and quality go hand in hand.
The government would only provide subsidies for electric motorcycles, while electric cars would only get tax discounts. A bid to cut down on fuel oil subsidies.
Jokowi seems to be of two minds as the 2024 General Elections approach. He encourages presidential candidates to campaign and does not outright reject the idea of a presidential term extension.
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