The current electricity crisis in South Sulawesi is a typical example of how crony capitalism is still alive and well in post Suharto Indonesia. Every year for the last 15 years there has been a shortage of electricity when the dam which feeds the Bakaru hydro-electric plant gets low on water before the wet season [...]
A report from the Jakarta Post shows a complete lack of journalistic professionalism. The report stated the following regarding an increase in the prices of Pertamax and Pertamax Plus. “The price adjustment was made due to the strengthening of the rupiah against the US dollar,” Pertamina’s spokesman Basuki Trikora Putra said. I’m no economist but [...]
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