OPINION

IO - Indonesia is in fact the world’s biggest importer of garlic, compris­ing 17.6% of the world’s import market in 2016. That signified a foreign currency outflow of USD 674 million, or about IDR 9.5 tril­lion using the...

IO - Quite a few Indonesian economists are focusing on foreign debt as the most influential factor in attempting to kick-start the sickly national econ­omy. This ambitious attitude encour­ages the Government to load up...

IO - There are two types of levies that the government applies to its citizens. Tax and retribution. According to Law No. 28 of 2007 concerning General Provisions and Procedures for Taxation, tax­es are...

IO - President Jokowi has expressed his disappointment in his econom­ic team: Out of the 33 companies migrating from China between June-August 2019, only one chose to move to Indonesia; 23 others went to Vietnam. Indonesia is clear­ly...

IO - Every year, the Ministry of Fi­nance, as the designated manager of State finances, is assigned to create a State Budget as a national financial plan. When the House of Represen­tatives (Dewan Perwakilan Rakyat – “DPR”) approves...

IO - For the years following the cata­strophic Global Financial Crisis (GFC) of 2008, when the world economy fell into a prolonged recession, economists coined the term ‘The Great Recession’. With the deleterious effects of this pe­riod lingering longer...

IO - Not long ago I was invited by the Bogor State Health Polytechnic, to de­liver a public lecture with the theme “Strengthening Pancasila as the Na­tion’s Ideology”. For some reason, for the last few days, I have...

IO - Exactly 20 years ago, in 1999, In­donesia experienced an extraordinary event: the Province of East Timor separated from the Republic of Indo­nesia, following a poll conducted by the United Nations. The disintegra­tion of East Timor was accompanied...

The Minister of Finance’s deci­sion to increase leave allowance for Directors and the supervisory board of the Health and Manpower Social Security Organizing Agency (BPJS) certainly came under the public spot­light recently, considering problems...

IO - Quick-hurry up to the venue. And fast-hurry back to work. Although have today off – Indepen­dence Day of the Republic of Indone­sia. What I do not forget: it is the 74th. Almost all...

IO - A Case Story In the early 2000’s, we were shocked and angered when we heard that Nir­mala Bonat, an Indonesian citizen from the East Nusa Tenggara Province, had been savagely tortured by her employer when...