The Indonesian government must strengthen economic structure to realize more stable growth in the face of global upheavals. It was stated by Indonesian Finance Minister Sri Mulyani. As quoted by Tempo, the minister remarked that the government must have knowledge of technology to strengthen the economic structure in order to optimally capitalize on them and make Indonesia a competitive and productive nation.One of the aspects capable of making Indonesia a competitive and productive nation is quality, innovation, and creative human resources, she pointed out.Hence, the government has made various new breakthroughs to improve the quality of human resources by issuing pre-employment cards.Sufficient infrastructure also plays a significant role in creating quality human resources, so the government continues to build and develop the aspect.Sri Mulyani further noted that the bureaucratic system also has an impact on the creation of a productive and competitive Indonesian economy. (Tempo)
University of Indonesia’s (UI) management institute's managing director, Toto Pranoto, said the State-owned Enterprises (SOEs), Minister Erick Thohir must come up with a grand strategy for the next five years.He also argues that Erick Thohir has not made it clear yet, whether he would continue the holding company concept carried by the previous SOEs minister Rini Soemarno or whether he plans to establish an entirely new strategy. However, Toto Pranoto expressed appreciation towards the minister’s commendable short term policies which coincide with President Jokowi’s first 100-days in office. He highlighted several attempts by Erick Thohir in fixing a number of problems embedded in Indonesia’s state-owned enterprises, through reconstituting good corporate governance. (Tempo)
Indonesian President Joko Widodo attended a state lunch hosted by Australian Governor-General David Hurley at the Government House in Canberra, Australia on Sunday (Feb/9). The state banquet was part of the welcoming ceremony agenda for the Indonesian president. The state lunch was also attended by Australian Prime Minister Scott Morrison. In his state visit, President Joko Widodo said that it is his first visit to Canberra. His visit to the state is also in conjunction with the 70th anniversary of diplomatic relations between Indonesia and Australia. During his visit to to Canberra, the President said, the world has been facing various complexities such as the novel coronavirus outbreak in Wuhan Province, China as well as the land and forest fires in Australia. President Joko Widodo said that the Indonesian Government is committed to maintaining good relations with its neighbouring countries including Australia. Meanwhile, Australian Governor-General David Hurley extended his appreciation to the Indonesian Government for helping Australia overcome land and forest fires. (Ant/Trs.AL)
Bank Mandiri's Director of Finance and Strategy, Silvano Rumantir assessed that Indonesia has large capital, a stable economy to attract Foreign Direct Investment (FDI). During a press conference in Jakarta, Wednesday (5/2), Silvano said that one of the factors that may drive the economy is investment growth. He added that in 2018, investment grew strong at 6.64 percent. Although in 2019, it slowed down, as the political year ends, economic and political stability would improve. The Central Statistics Agency (BPS) noted that Indonesia's economy in 2019 grew 5.02 percent. This achievement slowed slightly compared to the economic growth in the 2018 period of 5.17 percent and in 2017 of 5.07 percent. In 2019 Gross Fixed Investment grew 4.45 percent lower than the previous year. (Ant)