Friday, April 19, 2024 | 15:37 WIB

OPINION

Turning back state and economic system to Pancasila and the 1945 Constitution

Don’t Forget History IO - “Jasmerah - don’t ever forget his­tory” Bung Karno said. History is not just a memory of the past, it is not just a series of events, it is the heart of our...

Sengon: 1 Trillion

IO - Trivial once. Looks. Just because A sengon tree. Electricity outages across Jakarta. Also Jabar. And part of Central Java. Sunday-Monday. Sengonnya tree in the village of Malon. Far away in Gunung Pati, 28 km south of...

Boris Johnson an enigma wrapped in a mystery: The Brexit saga continues as the world watches in fascination

IO - The latest joke doing the rounds in ASEAN and India is that between Boris Johnson, as Prime Minister of the UK and Donald Trump as Presi­dent of America on either side of the Atlantic, a new...

2019 economy remains weak: Trade Balance / State Budget downtrend persists

IO - Indonesia’s economy remains under pressure as of the first se­mester of 2019. Export and import downtrends endure as our trade balance deficit swells. Exports in Semester I of 2018 stood at USD 87.86 billion, slipping 8.57%...

Garuda profit

IO - I differentiate between ‘financial attitudes’ and ‘financial expert’. The person who has financial ex­pertise is not necessarily a ‘financial character’. It is not necessary to hold a ‘financial attitude’ or be a ‘financial expert’. Best is...

Failure to pay debts: Beginning of a crisis?

IO -  In many countries, economic crisis’ begins with failures to pay debt, whether it is government or private debt. In Indonesia, the worry has been that government debt, specifically foreign exchange debt which...

Champion the four pillars of corruption eradication

IO - President Jokowi’s “victory address” in Sentul on 14 July 2019 neglected to mention the issue of corruption eradication. He did however state that building a clean and dignified Government would be a...

Anomalies and controversies in Indonesian investments

IO - The Government of In­donesia is reportedly anxious about the downward trend of investments in Indonesia over the past several years. Such anxiety is understandable, as investments form the backbone of the economy. In other words, with­out...

Completing his homework in the second period

IO - Politically, the meeting of Jokowi and Prabowo was informal, but nev­ertheless carries great significance as a political reconciliation, impacting on the economy, economic policy, and fu­ture Indonesian stability. In a political economy, the elector­al process that...

Samsung heel

IO - Because there is this one. That will complicate East Asia. What I also wonder: where our opportunities are. “War exploded trade between Japan and South Korea”. Fellow chum United States. Samsung, LG and SK Hynix...

President Jokowi vs. Pertamina’s President Director: which one is correct about oil & gas imports?

IO - President Jokowi is fretting as he ponders recent economic devel­opments. The President’s cabinet received a strong reprimand and instruction to immediately improve. Why not! The current account deficit is increasing from year to...

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Rupiah breaches Rp16,000 per US dollar