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23
January

HEADLINES

Published in Feature

 

Here is Kompas Newspaper with its headline entitled, “Referral Hospital on Standby.”

At least, 100 referral hospitals for emergency infection were on standby to anticipate the new corona virus infection spread from Wuhan, China. Monitoring state’s entrances was also tightened, mainly regions with direct flights from China. Health Service Directorate General Secretary of Health Ministry Agus Hadian Rahim said, 100 hospitals across 31 provinces on standby were hospitals that used to handle avian influenza in 2007.

Moving on to Republika with, “Aircraft Passenger from China Monitored.”

The new corona virus from Wuhan (2019-nCoV) spread wider in China and her neighboring countries. Indonesian government then from central and regional tightened monitoring to anticipate the virus that had killed nine. Indonesian Health Minister Terawan Agus Putranto claimed that his ministry had carried out optimal prevention effort. Government also had tightened health examination at all airports in Indonesia.

The Headlines ends with Bisnis Indonesia entitled, “New Wage Boosts Competitiveness.”

New wage scheme that will adjust to average consumption and provincial economic growth possibly will provide flexibility for businesspeople in recruiting workers and boost national competitiveness. Based on Employment Omnibus Law discussion documents received from a source by Bisnis Indonesia, the provincial minimum wage formula will be calculated from the current year Minimum Working Needs with economic growth per provinces. The minimum working needs calculation was based on city population consumption average gathered by Central Statistics Agency BPS. On the other hand, the regulation applies for worker with working period under one year, while above it will not experience minimum wage reduction.

23
January

Malang is one of the leading tourism destinations in East Java. Nestled in the South of Java, the city has beach tourism sites extending all the way from the West to the East. Out of the many beautiful beaches that can be visited, today we are going to talk about Gatra beach. The beach is very interesting to visit because it is surrounded by forest, hills and also coral islands. Gatra Beach is located at Tambakrejo village, Sumbermanjing Wetan, Malang regency in East java province. It stretches for 73 kms and takes around 2 until 3 hours from Malang to Gatra Beach. Gatra Beach prioritizes natural conservation and cleanliness. That’s why when entering the beach, you not only buy entrance tickets but also have your bags checked by officers. The officers select the items which have the potential to produce waste. Likewise, at the exit gate if it is found that you have violated the rules, you will be fined 10,000 rupiah. The entrance ticket to Gatra Beach is Rp 10,000 per person, while for parking it is only Rp 3,000 for motorcycle and Rp 4,000 for four-wheeled vehicles. From the entry point to the beach, you have trek for about 1 to 1.5 kilometer.  Along the trip, you can enjoy the sights of the mangrove conservation forest. Gatra Beach boasts white and soft sand, rocks at the middle of the sea which form small islands, calm sea water and clean beach. On the beach, you can not only play in the water or on the sand, but you can also rent a canoe to go around the beach. For those who want to go camping, the managers provide tents which can be rented for Rp 25,000 per unit. Moreover, Gatra beach also offers many spots for taking the perfect selfie. So do not miss out. On the beach area, there are no shops or stalls; this is to keep its commitment to cleanliness and sustainability of the beach.

23
January

 

While accompanying Indonesian President Joko Widodo during his visit to Labuan Bajo, East Nusa Tenggara province -NTT, Minister of Environment and Forestry, Siti Nurbaya had the opportunity to visit the Village Seedling Gardens and prospective nursery locations for Labuan Bajo, West Manggarai, East Nusa Tenggara, on Sunday, Jan 19. Minister Siti Nurbaya said that the Labuan Bajo Village Seedling Garden was one of the results of the 1,000 village nursery program being carried out by the Ministry throughout Indonesia.

On the same occasion, Siti Nurbaya, also conducted a survey of prospective modern nursery sites in Labuan Bajo. The area of the modern nursery is around 30 hectares, located in Satar Kodi village, Nggorang, Komodo subdistrict, West Manggarai Regency. A number of endemic plants will be provided in this modern nursery and it is estimated that each year it can produce 1 million seedlings.

The development of the modern nursery of Labuan Bajo is an effort to overcome the condition of critical and unproductive land which is still widely available in the province of East Nusa Tenggara, including Labuan Bajo tourism area. With the availability of plant seedlings in modern nurseries, it will support planting efforts to create a green and beautiful environment, clean and fresh air, productive land and shady and comfortable microclimate, so that creating a positive image and increasing tourists to coming to the region.

The Village Seedlings Garden is also aimed to guarantee the need for quality seeds in large quantities quickly and sustainably in the context of planting. The modern nursery of Labuan Bajo is planned to be integrated with seed sources, arboretum, urban forests and parks as eco-edu forests. This nursery development is also in the context of supporting Labuan Bajo as one of the five super priority tourism destinations. The Indonesian government is currently developing super priority tourism destinations namely Lake Toba in North Sumatra, Borobudur in Central Java, Mandalika in West Nusa Tenggara (NTB), Likupang in North Sulawesi, and Labuan Bajo in East Nusa Tenggara (NTT).

23
January

 

 

The Financial Services Authority (OJK) was established in 2011 through Law No. 21/2011. The OJK is an independent financial institution that seeks to replace the role of the Capital Market and Financial Institution Supervisory Agency (Bapepam-LK). With the establishment of the OJK, the regulation and supervision of the Capital Market and Non-Bank Financial Industry automatically switches to the OJK. The people of Indonesia expect the OJK to be able to oversee the financial and banking sector in Indonesia. Unfortunately, this hope has lately been tarnished after PT Asuransi Jiwasraya failed to pay its customers. As a result of this, discourse arises whether OJK is still needed to oversee various financial institutions. The discourse about the dissolution of the OJK emerged from the parliament. Deputy Speaker of the Indonesian House of Representatives, Sufmi Dasco Ahmad acknowledged that the OJK discourse was dissolved and that the OJK's duty and authority may be returned to Bank Indonesia (BI). The OJK which has the authority to oversee banks, capital markets and non-bank financial institutions such as insurance companies is deemed to have failed to carry out its supervisory duties. This is proven by PT Asuransi Jiwasraya's failure to pay its customers. But the question arises whether OJK needs to be dissolved (?)

Other countries also have supervisory institutions such as the OJK. Some financial supervision institutions that have been operating successfully until now are the BaFin in Germany and the Japan Financial Services Agency (JFSA) in Japan. However, some were disbanded after failing to carry out their supervisory duties, for example, the Financial Services Authority (FSA) in The United Kingdom. Seeing the experience of other countries such as Britain, the discourse to dissolve the OJK could be a reality. However, even though there is a possibility of dissolving, it is expected that the OJK will not be dissolved.

There are two main reasons why OJK may not be dissolved. The first reason is that the OJK has been existing for eight years and has some achievements. So far, the regulation and supervision conducted by the OJK in the banking sector has been quite adequate. There are weaknesses in the non-bank financial industry, as recognized by Chairman of the OJK Board of Commissioner, Wimboh Santoso, during a working meeting with the House of Representatives (DPR) at the Parliamentary Complex in Jakarta, Wednesday (1/22/2020). The OJK has admitted that it is carrying out reforms in the non-bank financial industry. These reforms have been carried out by the OJK since 2018. Now, with the problem of PT Asuransi Jiwasraya's failure to pay, the reform efforts in the non-bank financial industry needs to be accelerated. The second reason is that the development of the financial industry in Indonesia is quite rapid and complex. Thus, the presence of an institution such as the OJK is indispensable to the rapid development of the financial industry.