March 15, 2016 edition
The Internet and the information technology revolution have made the world economy increasingly borderless with numerous online cross-border business transactions taking place on a daily basis.
The government has taken a right step with the plan to launch the national payment gateway (NPG). The system that is aimed to facilitate online payments to and from across the world is now a pressing necessity.
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More Opinion articles in other editions
March 8, 2016 edition
THE two-page official memo represents nothing less than a death sentence for foreign and ex-foreign ships operating in Indonesian waters. Signed by Ministry of Marine Affairs and Fisheries Secretary-General Sjarief Widjaja on February 11, the memos have closed all the chances of these ships' owners to resume operations. They must now undergo mandatory deregistration.
This is not unreasonable if the government intends to allow only local fishing vessels to exploit our maritime resources. So far, ex-foreign and foreign boats have been free to aroam our seas, particularly the open sea, trenches and the borders. These boats, weighing more than 30 gross tons, operate freely despite their disregard of the law. The ministry notes that the Rp30 quintillion losses annually incurred by the state was due to illegal fishing.
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March 1, 2016 edition
The recent anti-LGBT (lesbian, gay, bisexual and transgender) ruckus should not be taken lightly. Debates surrounding the issue have not only turned absurd but also become hotbeds of hate speech and intimidation.
It all began with a community poster from University of Indonesia's Support Group and Resource Center on Sexuality Studies. The poster offering counseling for LGBT teens triggered outrage on the Internet. Some feel that the campus should not disgrace itself through such a forum. The debates became hostile as some formal media accommodated anti-LGBT slurs.
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February 23, 2016 edition
Think like an investor. That is what the government should do when it comes to the shares of Freeport Indonesia. Good investors carefully calculate prices offered to them.
Last month, in fulfilling the obligation to divest itself, the US mining giant Freeport offered the government 10.64 percent of its shares at a whopping US$1.7 billion (Rp22.9 trillion) price. This exorbitant price is the consequence of the contract between the government and Freeport. There is no rule governing pricing.
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February 16, 2016 edition
Skyrocketing prices of poultry in recent weeks is a clear indication that the government is powerless against the cartel. A handful of poultry breeders have deliberately controlled supply to rake in more profits, without considering the effects on consumers.
Ironically, the state even helped facilitate this shameful practice. The directorate-general of livestock and animal health openly supported the agreement among 12 poultry breeders to cull 6 million parent stock broilers. In the deal signed on September 14 last year, the breeders also agreed to destroy 40 percent of hatching eggs.
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February 9, 2016 edition
President Jokowi may have taken a wrong and dangerous path when he signed, in quick succession, two contradictory regulations that will impact the Jakarta-Bandung rapid rail project.
The first, Presidential Regulation No. 107/2015 on the acceleration of infrastructure and facilities, stipulates that the Rp74 trillion project will be entirely funded by the private sector, in other words by the Indonesia-China Fast Railway Consortium. The government will not provide any guarantees, the clause that assured the Chinese consortium's victory over its rival Japanese bidder.
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February 2, 2016 edition