OPINION

IO - The world of Indonesian aeronautics has undergone such prideful progress lately. Passenger growth rate spikes every year, at 10%-15%. Assessment of flight safety standards in Indonesia shows that we have exceeded the world’s...

IO - Highly irregular and abrupt, on 28 May 2018 the Minister of Finance and Coordinating Minister of the Economy, BI (Central Bank), OJK (Financial Service Authority), and LPS (Indonesia Deposit Insurance Corporation) issued...

IO - In the aftermath of the Asian Financial Crisis (AFC) of 1997/98, Martin Feldstein, Harvard Professor and Chairman of President Reagan’s Council of Economic Advisors, wrote an article defining a “rule of thumb”...

IO - In 2007, due to the high number of airplane accidents in Indonesia, the Federal Aviation Adminis­tration (FAA) dropped its Flight Ranking to Category 2. Thankfully, we are now back in Flight Category...

IO - By mid-May 2018 the Indonesian Rupiah had already depreciated 3.7% since the beginning of the year, fluctuating around 14,000-14,150 / USD. The Government and Bank Indonesia simply put the blame on “global...

IO - I find it very difficult to accept the lies repeatedly stated by official economists: Indonesia’s economic fundamentals is strong; Indonesia’s economy is healthy and on the right track; and Indonesia is soon...

IO - The Jokowi administration often boasts about its progress in deregulating the economy.  True, the process for obtaining business permits and licenses has been streamlined and many approvals previously required by the government,...

IO - The Government’s debts within the 3 (three) years of Jokowi’s rule increased more than Rp 1200 trillion, far exceeding the increase of the currently stagnant tax revenue that usually serves as an...

IO - May 21 marked twenty years since General Mohammad Soeharto, often referred to as the Smiling General, stepped down from power after more than thirty years of rule.  Most Indonesians celebrated in the...

IO - The recent string of near-simultaneous terrorist attacks on three churches in Surabaya followed by another bombing at the city’s police headquarters and an explosion that rocked an apartment block in Sidoarjo are believed...

IO - If you were to believe members of Jokowi’s economics cabinet, the Indonesian economy is in great shape.  Over the past week alone, we have heard the president himself talk incessantly about the...