VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Finance minister Sri Mulyani Indrawati said Indonesia must prepare a clear stance, materials and capable negotiators to meet current bilateral trade war and weak mechanism for multilateral solutions which are more complex.

In the official social media account monitored in Jakarta on Sunday, Mulyani said the preparation was needed because economic recovery had not been evenly spread while economic policies among countries grew unsynchronized and worsened by trade confrontation policies.

"The trade war has led G20 to conduct multilateral reform of the World Trade Organization," she said.

In view of that she really hoped the G20 Summit in Buenor Aires, Argentina, could really produce a decision that would determine the direction and management of global economy.

She reminded that threats and opportunities caused by digital economy on opportunities and kinds of employment must continue to be paid attention to by G20 in the future becuase it would affect manpower policy, social safety net and taxation.

"The world will be more complex and globalization as well as technolgical progress would provide more opportunities to advance and catch up backwardness while at the same time provide complexity in the economic and social management of a country. Indonesia must work even harder and be smarter in developing its economy," she said.

The minister said President Joko Widodo`s focus on human resource and infrastructure development was right as it would be useful for economic distribution and improvement of productivity as well as the country`s competitiveness.

"Indonesia needs to continue to build the capacity of its children to understand and meet economic globalization, technological changes and more complicated and challenging geo-political dynamic. These are the challenges that will be met and overcome by our next generation," she said.

On a separate occasion IMF Managing Director Christine Lagarde said that pressure from the threat of trade war has already affected developing countries and thus correct policy would be needed to overcome the problem.

IMF predicts hike of import tariffs could threaten international trade and reduce by three fourths percent of global growth in 2020 and so efforts are needed to reduce tension to cut tariff hike and boost multilateral cooperation.

Other risks which are no less important and have taken the attention of IMF in the G20 forum was the increasing global debts reaching US$182 trillion in a number of developing countries and countries with medium to low income.

In view of that IMF has suggested a cushion or a fiscal policy as well as action to increase transparency on debts especially regarding their value and terms as part of efforts to maintain sustainability of debt management.

In all Lagarde gave recommedations on policies for G20 to overcome the various global challenges including improvement of trade performance to boost growth and employment and for normalization of monetary policy based on good and gradual communication based on data as an anticipation against the impact that follows and micro-and macro-prudential policies to overcome crisis risk and credit-based financing problems.

Other recommendations include flexibility in exchange rate as part of efforts to mitigate external pressure, reduction of import tariff and other policies that could weaken financial market players’ confidence.

"Finally, wiping out hurdles to increase women`s participation in the economic sector. This is the key to overcoming persistent and high gap problem and it may be a potential source of growth for G20 countries," she said. (ANTARA)

Provincial government of West Java offered a number of investment opportunities to American businesses based in Houston, Texas.

Provincial Secretary Iwa Karniwa was sent by Governor Ridwan Kamil to attend the Indonesia Business Forum, held by the Indonesian Consulate General in Houston and the Capital Investment Board in in Houston, Texas.

"This is a routine agenda held by the Indonesian Consulate General in Houston and is attended by businesses under the Houston Chambers of Commerce," said Iwa Karniwa in a statement received in Bandung, Sunday.

The provincial government of West Java, he continued, was given the opportunity to give presentations on the potential sectors that can be explored by the businesses in Houston.

Karniwa explained that the projects presented include the International Airport of West Java and the Airport`s Aerocity in the sub-district of Majalengka, as well as the Bandung Metropolitan Urban Railways in Bandung Raya.

"The accessibility project to the International Airport include the construction of Railways and Toll Road; there is also the Regional Waste Management Project in Bandung sub-district and the construction of Minihydro Power Plant in Pasir Jambu and Kertamukti," he said.

There are also other projects in the tourism sector, including Panganfaran, Geopark Ciletuh, Pelabuhanratu and a number of other spots that were highlighted.

He believed that there some participants showed interests in reponse to the presentation that was given.

"This forum successfully attracted interests in infrastructure and tourism. It will surely need to still be explored," he continued.

The Provincial government believed that the event provided an opportunity for West Java to give information on the development plans prepared by governor Ridwan Kalim and deputy governor Uu Ruzhanul for the next five years of their administration.

"Aside from attracting interests, our aim is to also introduce West Java to American businesses," he said.

The efforts to introduce West Java`s potentials were also displayed in the Indonesia Festival event by introducing the potentials of Java Preanger coffee in the event. (ANTARA)

Attended by about three million participants, the implementation of the 212 Alumni Reunion at the National Monument Square (Monas) on Sunday lasted safely and peacefully in an orderly manner.

The orderly implementation of the event was lauded by the National Police, the Speaker of the People’s Consultative Assembly (MPR) and the Jakarta Governor.

National Police Spokesman Brig. Gen. Dedi Prasetyo said his side appreciated the peaceful implementation of the rally which proceeded in an orderly manner. "It is very conducive. This is the success of the cooperation between the Indonesian National Police and the Indonesian Defense Forces (TNI) that secured the activity, so that it is running very conducive," Brig. Gen Prasetyo said on Sunday.

He said that the conducive situation could not be separated from the role of the 212 Reunion participants who helped maintain order during the event. "Communities are increasingly aware and smart that security has become their shared responsibility," he said.

Appreciation of the peaceful and orderly implementation of the gathering also came from the MPR Speaker, Zulkifli Hasan. "Thank God, it went in an orderly manner, we appreciate it," Hasan said.

He called on the reunion participants and organizers to pioneer such an orderly manner for the April, 2019 presidential elections.

"I invite all of you that in this political year all would help create a conducive condition for a peaceful election and friendly competition. The presidential election is for us to be sovereign, and united. I hope that it is friendly and it can be pioneered by the 212 (alumni)," he said.

The Jakarta regional government also lauded the implementation of the 212 gathering as very orderly event. Jakarta Governor Anies Baswedan said the important reunion of the 212 alumni program was organized neatly.

Baswedan said the 212 Alumni Reunion event provided tremendous economic benefits for Jakarta residents. "Jakarta received the arrival of people who helped drive the economy. Many hotels are full, culinary stalls get extraordinary benefit, so this gathering is a lot of blessings for the economy," the governor said.

The 212 Reunion event suddenly sent a lot of customers to food and beverage businesses, so for small and micro businesses, the movement was extraordinary, he said.

In addition to MPR Speaker Zulkifli Hasan, there were a number of other figures who also attended the 212 reunion, including Jakarta Governor Anies Baswedan, Chair of the Honorary Council of the National Mandate Party Amien Rais, Deputy Speaker of the MPR Hidayat Nur Wahid and Presidential Candidate No. 02 Prabowo Subianto.

The 212 Alumni Rally was established to gather people who were involved in the rally on Dec 2, 2016 which called for the prosecution of then-Jakarta governor Basuki Tjahaja Purnama or Ahok for blasphemy. When the rally was held for the first time, it was attended by about seven million.

This time, the organizers have estimated that some three million participants took part in the Sunday gathering. "We estimate that three million are taking part in this morning 212 Alumni Reunion, or the same number as that last year," Novel Bamukmin, the event chief organizer, said.

Bamukmin explained that participants had been arriving since Saturday (Dec 1) from a number of regions. The organizers had prepared command posts to accommodate them at a number of mosques around Monas. "This a momentum of togetherness and peace," he remarked.

Participants came from Jakarta and its satellite towns (Jabodetabek). They thronged the rally places at Monas square and packed thoroughfares of Jl HM Thamrin and others roads leading to Monas.

Clad in white clothes, the rally participants came to Monas by public transportation and KRL commuter trains. On a number of thoroughfares, some participants who took part in the rally came using motorcycles. They flew flags with tawheed word.

According to Chief organizer Bamukmin, the gathering this time was an event of togetherness and was very important to be attended by Muslims. It is also related to the commitment of Muslims to keep the 2019 Presidential Election full of peace.

However, Bamukmin said there was no political agenda in this rally. "There can be no flags other than the Red and White flag and the `Tawheed` flag," he stressed.

The absence of political agenda was also pointed out by Prabowo Subianto when addressing the rally.

"As you know, I have received the mandate as a presidential candidate, and therefore I must obey and follow all regulations, I may not speak politics on this occasion, I may not campaign. So I just want to say thank you for the invitation. I was invited today by the organizing committee," said Prabowo.

"I am proud of you all for this orderly and peaceful gathering," he said.

The presence in the event of Prabowo Subianto, the presidential candidate number 02 in next April presidential race, attracted the attention and enthusiasm of the 212 alumni reunion masses.

The participants of the gathering raised their thumbs and index fingers up to form number two as if they wanted to show political support as Prabowo arrived at in the location.

The masses who had thronged the Monas areas since the wee hours on Sunday yelled uninterruptedly "Long Live" Prabowo as the presidential candidate entered the Monas area.

Prabowo was accompanied by a number of political leaders and the organizers of the 212 Alumni Reunion rally.

In the meantime, Deputy Secretary General of the Indonesia Ulema Council (MUI) Tengku Zulkarnain called on younger generation who attended the 212 alumni to help protect the Unitary State of Indonesia (NKRI).

"It is you all who will have the task of protecting the NKRI in the future. We do not want the country to become depraved that justifies homosexuality. We want Indonesia to become a peaceful and prosperous country blessed by God," Zulkarnain said.

He said the Unitary State of Indonesia is based on the `Belief in One God` philosophy. Therefore, state policies or those of individuals should not be against religion, including justifying brothels.

The crowed began to slowly disperse shortly after Probowo delivered his speech and left Monas. (ANTARA)

Indonesia has called for the strengthening of multilateralism at the G20 Summit in Buenos Aires, Argentina, from November 30 to December 1.

Vice President Jusuf Kalla made the call when he spoke after being appointed as a key speaker on "Building Consensus" on the second day of the meeting, according to a press statement received in Jakarta on Sunday.

"Sustainable development and climate change are two closely-linked global issues that need to be overcome together," he said in the statement.

The G20 Summit that ended on December 1 reached an agreement on G20 Leaders’ Declaration on Building Consensus for Fair and Sustainable Development.

The agreement that was reached following tough negotiations that had been done marathon and intensively since a week ago contains important issues needing immediate action at global level.

The important issues include international trade that could affect global econmic growth, multilateral cooperation based on international rules, stable international financial system, migration and refugees, climate change, energy and agricultural resilience, economic digitalization that could support distribution of development and inclusive financr, corruption and efforts to stop funding related to terrorism and other crimes.

Indonesia has been able to include issues about financial innovation development through business model with economic digitalization and renewable energy.

Vice President Jusuf Kalla who spoke on the theme of "Embracing the Opportunities" said Indonesia urged G20 countries to strengthen partnership in mobilizing private sector`s investment, innovation and technology transfer.

The conclusion of G20 Summit ended Argentina`s G20 presidency in 2018 which will later be taken ovet by Japan.

G20 is a cooperation forum of big economies in the world comprising 85 percent of the world`s gross domestic producy, 75 percent world trade and two thirds of global population.

It has 19 countries as members including the US, South Africa, Argentina, Australia, Brazil, China, Canada, Japan, Germany, India, Indonesia, Italy, South Korea, Mexico, France, Russia, Saudi Arabia, Turkey and one regional group, the European Union. (ANTARA)