Month: January 2024

Time Extension for Satgas BLBI

President Joko “Jokowi” Widodo has officially extended the term of office of the Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI) through a Presidential Decree (Keppres). This decision is not surprising considering that the Satgas, even though it has worked well, has not succeeded in achieving the specified target within the specified time period. Of the more than Rp110 trillion in receivables that had to be settled, the Satgas only managed to “collect” around Rp30 trillion. With additional time until the end of 2024, can the Satgas improve its performance?

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The AdaKami Effect: Development

The Business Competition Supervisory Commission (KPPU) is still continuing to carry out investigations into alleged violations in information technology-based money lending and borrowing services. Since the investigation was carried out starting Oct. 25, 2023 until now, the investigation task force has sent written requests for data and documents to all peer to peer (P2P) lending companies that have permission from the Financial Services Authority and have received responses from 48 P2Ps.

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The Next Presidential Debate

This weekend, the three presidential candidates will engage in the third presidential debate of the 2024 presidential election. Let’s talk a bit about this upcoming debate.

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2024 Political Outlook (3)

We have talked about the ruling party PDIP and PKB in the previous installments of the article. Now let’s talk about Golkar and Nasdem that will also hold a chairmanship congress this year after the 2024 simultaneous presidential and legislative elections.

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