Saturday, May 11, 2024 | 23:16 WIB

OPINION

Anti-money laundering law and penalization

It has been thirteen years since Law 8/2010 on Countermeasure and Eradication of Money Laundering Crimes (TPPU Law) came into effect. Recently, a discourse about a suspicious transaction report (STR) of IDR 349 trillion came to light at the Ministry of Finance (MoF), particularly the Directorate-General of Taxes and the Directorate-General of Customs and Excise. 

Wealth Inequality a Stumbling Block in Indonesia’s March to Prosperity

In 1900, during the Dutch colonial rule, the top 10 percent of families held 43 percent of the total wealth, while the bottom 50 percent of families held just 18 percent. Before Indonesia gained its independence, during the second World War in early 1940s, income inequality was getting sharper.

Implications for ASEAN of a closer association between China and Russia

As if all things were planned previously, the visit of China’s President Xi Jinping to Moscow and meeting with his counterpart the Russian President’s Vladimir Putin was recently followed by the visit of the US President Joe Biden and First Lady Jill Biden to Canada, visiting PM Justin Trudeau and First Lady Sophie Gregoire Trudeau.

Food industry Halal certification for micro and small enterprises

Halal certification in Indonesia has been showing positive yet sluggish development. Over the past five years, since the establishment of the Halal Certification Agency (BPJPH) in October 2017, roughly 750 thousand products have been halal-certified. Every year, an average of 250 thousand products, food particularly, have been halal-certified. This is a significant leap compared to 100 thousand products per year before 2017. 

The SOES Minister loses focus on managing SOEs:Pertamina’s fuel depot fire is a slap in the face

State-Owned Enterprises (SOEs) Minister Erick Thohir came under a spotlight after a massive fire broke out at the Pertamina Plumpang fuel depot. The Minister is said to have too many activities irrelevant to his duties as the SOEs Minister. 

Challenges in boosting rice production

The characteristics of rice production in the past 50 years have not changed much. Even if there was a change, it was insignificant. First, rice farming is cultivated by farmers on small plot of land. In the 1970s, two-thirds of rice farmers cultivated less than half a hectare of land (Geertz 1963, Timmer 1975). Currently, according to the 2018 Inter-Census Agricultural Survey, 9.8 million (75 percent) of the 13.1 million rice farming households own less than 0.5 hectares of land. They are known as smallholder farmers.

A “Champion of electricity”

PT Wijaya Karya has finally been announced as Indonesia’s most reliable EPC (Engineering Procurement Construction) company for electrical installation. Wika was named the “Best of the Best” EPC company last week. 

In Protest Against Conferring Honorary Professor

A few days ago, there was a report in CNN Indonesia, revealing that a total of 353 lecturers of Gajah Mada University, Yogyakarta, representing 14 Faculties, have signed a letter of protest to its President, objecting to the proposed conferring of an “Honorary Professor” to someone lacking a university degree. 

The Morass of the Job Creation Perppu

On December 30, 2022, President Joko Widodo issued Government Regulation in Lieu of Law No. 2 of 2022 (Perppu 2/2022) regarding Job Creation. This stirred up public controversy since the Constitutional Court, in Decision No. 109/PUU-XVIII/2020, instructed the legislators (the House of Representatives and the President) to amend the Job Creation Law within two years from the time the decision was announced by the MK. 

74 years of Garuda Indonesia: victorious, precarious and now zealous for a new beginning

January 26, 2023, marks the 74th year of Indonesia’s national pride, Garuda Indonesia. Founded on January 26, 1949, the airline was inaugurated by the proclaimer of Indonesia’s independence and first president, Sukarno. 

Natural disaster and Challenging Tasks to Earth-Protecting Measures in international and national level

If we just limit the period from the year of 2004 until this 6 February 2023, various regions in Indonesia and in the world are experiencing a series of natural disaster events that have caused various victims and material losses. The incidents ranged from small, medium to large scale natural disasters. 

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