politics

Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.

PUPR-MENTERI

Minister reveals update on IKN basic infrastructure development

Minister of Public Works and Housing (PUPR) Basuki Hadimuljono has provided an update on the Nusantara Capital City (IKN) project development throughout 2023 to the Indonesian House of Representatives’ Commission V, highlighting the support for basic infrastructure development for the capital city at Rp24.97 trillion (US$1.7 billion).

PUPR-MENTERI

Basuki's excellent performance could earn him a Cabinet seat again

Minister of Public Works and People's Housing Basuki Hadimuljono has the potential to serve once again in the Cabinet of the next government, says a House of Representatives (DPR) legislator.

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ESDM minister defends Vale Indonesia’s contract extension

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has defended that the granting of permit extension for PT Vale Indonesia’s contract of work and its conversion into special mining business permit (IUPK) until 2035 is meant to give certainty for raw materials availibility for downstream industry. 

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Government debt reaches Rp8,319.2 trillion by February 2024

The government's debt has reached Rp8,319.2 trillion (US$522.3 billion) by February 29, 2024, an increase from the end of January, which amounted to Rp8,253.09 trillion. This government debt is equivalent to approximately 39.06 percent of the gross domestic product (GDP), continuing the all-time high trend.

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Analyst calls for Kaesang’s inquiry over alleged corruption in PT Timah

Muslim Arbi, a political and legal analyst, has asked the Attorney General's Office (AGO) to promptly examine President Joko Widodo's youngest son, Kaesang Pangarep, for allegedly receiving illicit funds related to corruption at State-owned tin mining giant PT Timah.

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AGO: PT Timah corruption costs state US$13.6 billion in losses

The Attorney General's Office is developing the investigation into the alleged corruption at PT Timah, with an alleged state loss of Rp 271 trillion (US$ 13.6 billion). 

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KPK summons former Taspen CEO for questioning in alleged corruption case

The Corruption Eradication Commission (KPK) has called in Iqbal Latanro, CEO of State-owned insurer PT Taspen from 2013 to 2020, as a witness in the investigation of a suspected corruption case involving fictitious investments at the state-owned company. 

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Bahlil dismisses accusation of fraudulent practices  

Minister of Investment Head of Investment Coordinating Board Bahlil Lahadalia has dismissed several accusations made against him of fraudulent practice by setting tarrifs or fees for mining companies seeking reactivation of their rescinded mining business permits. 

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ESDM to reauction 8 blocks of mineral, coal mines

The Ministry of Energy and Mineral Resources (ESDM), through the Directorate General of Mineral and Coal, is embarking on an initiative to reauction eight areas of mineral and coal mining business licenses (WIUP).

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Garuda Indonesia's revenue growth 40 percent in 2023 

National flag carrier PT Garuda Indonesia (IDX: GIAA) has consistently recorded positive performance as reflected in the growth of consolidated operating revenue in the 2023 performance year, which grew by around 40 percent or US$2.94 billion compared to the previous year's operating revenue of US$2.1 billion. This is one of the indicators of the business performance restructuring steps that continue to run on the track.

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AGO probes into Refined Bangka Tin and the Harvey Moeis Saga

The recent probe conducted by the Attorney General's Office (AGO) into PT Refined Bangka Tin (RBT) and its commissioner, AGR, sheds light on the intricate web of corruption allegations surrounding Indonesia's tin industry. Amidst allegations of illicit activities within the Mining Business License (IUP) at PT Timah from 2015 to 2022, the AGO's investigation has unearthed compelling evidence implicating key players, including Harvey Moeis, husband of renowned actress Sandra Dewi.

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Constitutional Court begins hearing of 2024 election lawsuits

The Constitutional Court began on Wednesday, March 27, 2024, the hearings of the lawsuits filed by presdential-vice presidential candidates pair number 1 Anies Baswedan-Muhaimin Islandar and pair number 3 Ganjar Pranowo-Mahfud MD.

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