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THE prestige of President Joko Widodo, which soared at the Asia Pacific Economic Cooperation Summit in Beijing, China must not be squandered. This moment should not end merely with memoranda of understanding between Indonesia and prospective investors, but must be followed up with concrete measures.
Jokowi was a star in Beijing. Heads of state and business figures all wanted to meet the former furniture entrepreneur. His speech was uploaded to YouTube, and was watched more than 210,000 times, more than the speech by US President Barack Obama. Speaking in simple English, Jokowi explained about Indonesia's plans for the next five years: construction of roads, ports, agricultural facilities and other infrastructure. At the end of his speech he urged international businesspeople to invest in Indonesia.
USING anonymous accountsconcealing their identities to cover their crimesthey take advantage when information comes like a flood, inundating social media sites. Using the microblogging site Twitter, they spread controversial stories to attract attention. Although these stories are often a mix of fact and fantasy, some followers actually believe them.
Twitter, which only allows postings of up to 140 characters, has significant power. Besides being a social network, it can be used for social movementsfor example when it was used to mobilize people to defend the Corruption Eradication Commission (KPK) when it fought the police in 2012. Information on Twitter is often referred to by the 'conventional' media.
SETYA knows when he needs to serve the powerful, when to lobby, to make friends, to appease his political foes or to share his gain with others. He is a prototype of today's politicians, when politics means a way of getting to the top, not a way to serve the people.
Setya, 59, left his hometown of Bandung to become a businessman but eventually ended up in politics. He is said to own no fewer than 14 companiesfrom real estate to cafeterias. In 2009, his recorded financial assets totaled Rp73.79 billion and US$17,781more than double the figure for the previous year.
MICRO loans (KUR) are a noble initiative. The program helps farmers and small businesses who find it difficult to qualify for regular bank loans. Unfortunately the KUR program is hamstrung by irregularities that have resulted in non-performing loans.
The KUR program seems to have lost its initial enthusiasm when President Susilo Bambang Yudhoyono launched it in 2007. The program, run by Asuransi Kredit Indonesia (Askrindo)a state-owned microcredit insurance company now on the brink of collapsehas paid out Rp160 trillion in various forms of assistance. But the program has only reached 9 million people, less than 5 percent of Indonesia's population.
THE Financial Services Authority (FSA) is to be commended for limiting credit interest rates. The FSA's policy should have brought down interest rates and as such, the banks' interest rates would go back to being a conducive factor for business and the national economy.
Interest rates today only benefit the 'money raisers' who deposit their money at banks. As a result, there is no incentive for those with money to invest in the real sector. Moreover, the interest rates have reached dangerous levels by exceeding the lending rate of 7.75 percent set by the Savings Guarantee Board (LPS).
LEONARDUS Benjamin (Benny) Moerdani was a chapter in the history of modern Indonesia. He appeared at the beginning of the 'times of change', in an era the Republic's founder was preparing to step down and be replaced-not without injury-by a regime that would govern Indonesia for more than three decades.
No discussion on what became known as the New Order would be complete without a mention of Benny Moerdani. His name emerged when diplomatic relations with Malaysia were being restored, along with other figures such as Ali Moertopo and Des Alwi. Diplomatic ties with Malaysia had been severed dramatically with the proclamation of the 'People's Two Commands' (Dwikora) by President Sukarno in 1963. Sukarno viewed 'Malaysia' as a project of 'Imperialist Britain', and therefore it had to be 'crushed'.
THERE is an unhealthy rivalry between the Indonesian Military (TNI) and the National Police (Polri). In recent years, there have been many clashes between the two law and order enforcers. The shooting of four TNI members during the search of an illegal fuel storage facility in Batam last Sunday added to the long list of TNI-Polri battles.
The leaders of both institutions have provided their own accounts, but something seems to be being kept under wraps during explanation time. The two organizations should work together to find the root cause, instead of rushing to defend their personnel.
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