Luhut Pandjaitan: Do not continue to be afraid of Covid-19

TEMPO.CO, JakartaMaritime Affairs and Investment Coordination Minister Luhut Pandjaitan said the Covid-19 pandemic would prompt Indonesia to innovate and reform in various ways.

By doing this, the country could get out of the page block situation so that it could be stronger and more competitive. “We must not continue to be afraid of Covid-19,” Luhut said at a video conference on Sunday, August 30, 2020.

He also said that this world has changed a lot with the pandemic. It is very likely that many things that were not previously done will be implemented. “We must make innovations and reforms here and there, and make this beloved republic even more effective.”

This transformation, Luhut said, requires solidarity for the cooperation of different parties. “We can’t do anything without teamwork,” he said. According to him, teamwork is important to be able to take advantage of Covid-19 as an opportunity, not just a challenge. He said that the possibilities due to the existence of Covid-19 were very many. For example, reforming and digitizing different things in life.

BRI succeeded with Banpres for productive micro-enterprises in Yogyakarta

BigBussiness – President Joko Widodo handed over Banpres on Productive Micro Business (BPUM) in Yogyakarta, Friday (28/8/2020). Previously, BRI was appointed by the government through the Ministry of Cooperation and SMEs to become one of the channeling agencies for Banpres BPUM in Indonesia.

Jokowi, who was present at the Productive Micro Business Banpres ceremony in Yogyakarta, invited BPUM recipients to be used as business capital.

“We are all in a difficult situation because of Covid-19. Difficult conditions like this have an impact on the economy and are experienced by countries in the world. We have to keep our spirits up and work hard because conditions are not easy,” he said.

The President added, this productive path award is given to micro-entrepreneurs for all business areas. They are the ones who sell drinks, peyek production, placemats, laundry, bakpia, batik, street snacks, all kinds of things.

“Ladies and gentlemen, we will receive business capital assistance of NOK 2.4 million, which will be given directly to 12 million business players until around September. But remember that this must be used for business capital,” Jokowi explained.

To date, BRI has distributed to more than 83 percent of Micro Business Actors (PUM) from a total of 1.8 million recipients. Nationally, the productive ban press that has been distributed more than IDR 4.4 trillion since it was announced on August 15, 2020, including the recipients of the productive ban press in the Yogyakarta region.

“During the payout, BRI officers also train BPUM recipients, so that this productive Banpres is used for business development of recipient customers,” said Priyastomo, director of small, retail and medium-sized businesses, who also attended the event.

Suyono, a soup seller in Yogyakarta, one of the BPUM recipients from BRI Bank who was present at Gedung Agung, Yogyakarta Presidential Palace, said that during the pandemic, his business experienced a significant decline. The business capital was eventually used for living expenses, so it was with a heavy heart to close the business.

However, since receiving BPUM a week ago, Suyono felt he had received help and had the courage to reopen his business. In order to receive BPUM funds, not everyone can receive it.

There are conditions that must be met as written in the regulations from the Minister of Cooperation, Small and Medium-sized Enterprises No. 6 in 2020. First, Indonesian citizens (WNI) have a population identification number (NIK). Secondly, to own a micro business, which is stated in a proposal from BPUM candidate candidate from BPUM. Third, non-state civilian apparatus, members of the Indonesian National Army, members of the Indonesian National Police, BUMN or BUMD employees. Fourth, does not currently receive credit or financing from banks.

Trending Business: The closure of IKEA in Sentul to Pertamina loses less

TEMPO.CO, JakartaThe most popular financial and business news through Saturday, August 29, 2020, based on the concerns of creditors who are potential residents of Antasari Apartment 45, is the temporary closure of IKEA Alam Sutera and Pertamina’s loss claims less than other oil and gas companies.

In addition, there is also news that Jasa Marga is closing the Jakarta – Cikampek toll road and the withdrawal of the substantive lawsuit over the Covid law. The five topics attracted the most attention among readers of Bisnis’ Tempo.co channel. Here are five trending news in their entirety:

The Association of Victims of Antasari 45 smells of cheating

The creditors who are potential residents of the Antasari 45 apartment are currently feeling anxious and confused. How could they not, the apartment unit they actually received in 2017, has not yet been implemented. Even if they have fulfilled the obligation to deposit a down payment of 30 percent, creditors must accept the fact that the physical building that has been implemented so far is only a parking space (basement).

Just a note, since it was launched in 2014, as far as 591 billion rupiah of buyer money has been paid to the developer.

In the middle of the process of waiting for six years, the apartment unit was not achieved, but the harsh reality in the PKPU report (deferral of debt payment) against PT Prospek Duta Sukses (PDS) as developer or developer with a total claim of Rp 2 billion from the reporter on behalf of Eko Aji Saputra.

Manpower Minister hopes that DPR will soon adopt the law on job creation

BigBussiness – Minister of Manpower Ida Fauziyah said that the government hopes that the DPR can immediately lead the law on job creation to a law that is able to form a better working ecosystem. This was conveyed by the Minister of Labor when he became the keynote speaker in a webinar with the topic Opportunities and challenges in the job creation proposal held by Injabar and Padjajaran University, Friday (28/8/2020).

The Manpower Minister also emphasized that it was not true that the law on job creation was only intended to create greater job opportunities by facilitating investments.

Because the law on job creation also accepts work continuity, increased protection of workers and sustainable business continuity.

“The interest of this law is to meet the need for greater employment opportunities, but there we must maintain continuity of work and increase the protection of workers and workers, as well as sustainable business continuity. The three must be done in a balanced way,” said Ida Fauziyah.

In his presentation, the Manpower Minister explained that the law on job creation was part of the efforts made by the government to realize Indonesia’s vision of becoming a developed and prosperous country.

The government sees a number of opportunities and challenges that exist at a time, including low economic growth, high unemployment, the need for quality development of human resources, challenges with digital economic development and technological trends that change the business landscape going forward, thus affecting the map of labor demand and change. more dynamic and flexible working patterns.

In addition to the need to increase investment competitiveness through easy-to-do business and structure overlapping regulations that affect the speed of capturing investment opportunities for job creation and MSME development.

The need for a job creation law is increasingly felt when faced with the Covid 19 pandemic, which not only has an impact on health but also economic aspects such as reduced economic growth, hampered production and marketing of production products due to large-scale social restraint policies and lockdowns in several countries, reduced number of companies capable of conducting business and fulfilling employee rights, which in turn has an impact on redundancies, as well as obstruction of economic activities to MSME.

The presence of the law on job creation is expected to be the basis for state institutions and create jobs that experience shock supply after the pandemic, which results in an increase in the number of unemployed.

“The job creation proposal is expected to bring about changes in the economic structure that can move all sectors to increase investment and quality employment,” Fauziyah concluded.