Omnibus Law Polemic, Luhut: I want to withdraw a little

BigBussiness – Luhut Binsar Pandjaitan, Minister of Coordination for Maritime Affairs and Investment, confirmed that the Job Creation Act or the Omnibus Act was not made in a hurry.

According to Luhut, the initiation of the Omnibus Act has been carried out since he became Minister of Coordination for Political, Legal and Security Affairs in 2015.

“Do not say it is hasty. I want to retire a little. Since I was the Coordinating Minister for Political, Legal and Security Affairs, the President has ordered it. He saw why it was chaotic. Finally we looked for the form and found what is called this. Omnibus, “he said in a one-year interview with Jokowi’s administration. -Ma’ruf Amin, broadcast by a private TV channel, Thursday night (15.10.2020).

Luhut said he was gathering legal experts at the inauguration of the Omnibus law at the time. However, the discussion was not really carried out until after the 2019 presidential election.

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“So nothing is hidden. Everything is open, everyone is invited to speak. But not everyone can also be invited to speak. There are limitations,” he said.

Luhut said in the discussion that not all parties agreed. He also acknowledged that this is a hallmark of democracy that is never unanimous. He also admitted that Omnibus Law Cipta’s work was imperfect.

However, he ensured that any deficiencies would later be regulated in derived regulations in the form of Presidential Regulations (Perpres), Government Regulations (PP) and Ministerial Regulations (Permen).

“If it is necessary to address shortages here and there,” he said.

Earlier, Crew Minister Ida Fauziyah said he was preparing a government ordinance (PP) as a derivative of the law to create employment clusters.

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According to Menaker Ida, the plan is scheduled for completion by the end of October, and its design will involve various stakeholders in the labor sector, including unions and entrepreneurs.

Ida Fauziyah also said that before it was sent to the People’s Representative Council (DPR) for ratification, the discussion on the draft law on job creation had been conducted with public participation involving unions, employers and academics.

“The government emphasizes once again that the process of drafting legislation on job creation has involved public participation. For the labor cluster, the Ministry of Labor invites workers’ stakeholders if it is a trade union, employers even invite academics from universities and listen to the ambitions of the International Labor Organization ., “said Menaker Ida. (Blant)

Luhut admits that there are shortcomings in the law on job creation and will be dealt with in its derived regulations

TEMPO.CO, Jakarta – The Minister of Coordination for Maritime Affairs and Investment Luhut Binsar Pandjaitan ensured that the Job Creation Act or the Omnibus Act was not done quickly because the initiation had even been carried out since he served as Coordination Minister for Politics, Law and Security in 2015.

“Do not say it is hasty. I want to retire a little. Since I was the Coordinating Minister for Political, Legal and Security Affairs, the President has ordered it. He saw why it was chaotic. Finally we looked for the form and found what is called this. Omnibus, “he said in a one-year interview with Jokowi’s administration. -Ma’ruf Amin, broadcast by a private TV channel, Thursday evening, October 15, 2020.

Luhut said he was gathering legal experts at the inauguration of the Omnibus law at the time. However, the discussion was not really carried out until after the 2019 presidential election.

“So nothing is hidden. Everything is open, everyone is invited to speak. But not everyone can also be invited to speak. There are limitations,” he said.

Luhut said in the discussion that not all parties agreed. He also acknowledged that this is a hallmark of democracy that is never unanimous. He also admitted that Omnibus Law Cipta’s work was imperfect.

However, he ensured that any deficiencies would later be regulated in derived regulations in the form of Presidential Regulations (Perpres), Government Regulations (PP) and Ministerial Regulations (Permen).

“If it is necessary to address shortages here and there,” he said.

Earlier, Crew Minister Ida Fauziyah said he was preparing a government ordinance (PP) as a derivative of the law to create employment clusters.

According to Menaker Ida, the plan is scheduled for completion by the end of October, and its design will involve various stakeholders in the labor sector, including unions and entrepreneurs.

This is why the Kelapa Gading-Pulo Gebang Toll Road Project is delayed

Big Business – Technical general manager for NPT Jakarta Customs Road Development Djadjat Sudradjat said that the delay in completing the toll road project Kelapa Gading-Pulo Gebang has pushed inflation to around five percent of the original price. The project, which started in February 2017 and is aimed at completion in 2019, costs an investment of Rp 20.7 trillion.

“With the postponement of this schedule, there is indeed an increase in prices, but it is calculated,” Djadjat said at the toll road project in section 1A of the Kelapa Gading-Pulo Gebang route, East Jakarta, on Thursday, October 15, 2020.

The construction of the Phase 1 toll road, which is 31.1 kilometers long, consists of Section A, which covers 9.3 kilometers of the Kelapa Gading-Pulo Gebang. Section B of the Semanan-Grogol route is 9.5 kilometers long. Section C of the Grogol-Kelapa Gading Route is 12.4 kilometers long.

It is estimated that toll work in the town of Kelapa Gading-Pulo Gebang route has only reached 70 percent. This lost completion target is scheduled to be completed by mid-2021.

One of the inhibiting factors for the construction of toll road projects is land acquisition in the development area. “We can see, the challenge is land acquisition,” said Endra Saleh Atmawidjaja, head of the Public Communications Bureau of the Ministry of Public Works and Public Housing (PUPR). “We can see the left and right sides of the building.”

Another problem is the Covid-19 pandemic. According to Endra, projects that must involve a hundred people must be reduced to 50 workers. This, he said, aims to reduce the amount. “This is the challenge because of the tolls elevated (high) in the middle of a crowded city, “he said.

Construction of toll roads in the city of Jakarta is said to have adopted an elevated road construction that is integrated with public transport Bus Rapid Transit (BRT). Road construction is expected to help solve the congestion in Jakarta.

Also read: Kelapa Gading Toll Road Never Complete, Hotman Paris protests against PUPR minister

IHSAN RELIUBUN

Media GlobalMarkets honors Indonesia as the best debtor

BigBussiness – GlobalMarkets named Indonesia 2020 as “Best Public Debt Office / Sovereign Debt Management Office in East Asia Pacific” or the best sovereign borrower in responding to the Covid-19 pandemic in East Asia in the Pacific through debt management under the Directorate-General for Finance and Risk Management in Ministry of Finance.

GlobalMarkets is a newspaper published at the annual meetings of the IMF World Bank, the European Bank for Reconstruction and Development, the Asian Development Bank, the Asian Infrastructure Investment Bank and the Inter-American Development Bank.

“This achievement would not have been possible without the guidance of our Minister of Finance, Mrs Sri Mulyani. I award this prize to the team at the Ministry of Finance DJPPR for their hard work and commitment,” said PPR Director General Luky Alfirman, referring to the global capital of Jakarta, Thursday ( 15/10). / 2020).

“This is a huge award especially in this unique and challenging time of year. This award is a testament that we are on the right path. However, our journey to get better will never end. This award will serve as a reminder and motivation for that we can, and must, be better next year and every next year, “Luky added.

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Indonesia has succeeded in achieving excellent results in obtaining funding, both conventional funding as an example of the issuance at the beginning of Covid-19 in April last year of $ 4.3 billion in green funding for sharia-based environments such as Green Sukuk to a worth $ 2.5 billion in June last year, and even funding from the Japanese market, whose investors are known to be very rigid and cautious in 2018 with the issuance of Samurai bonds worth $ 100 billion or $ 943 million.

Indonesia has long been regarded as one of the smartest sovereign borrowers in Asia alongside the Philippines and China.

The Indonesian debt management team also received support from Bank Indonesia as the central bank with burden sharing and bought USD40 billion of government debt securities as the last resource with an effective interest rate of 0 percent.

KSPI is preparing 4 follow-up measures to reject the law on job creation

Big Business – The president of the Confederation of Indonesian Workers’ Unions (KSPI) Said Iqbal stressed that he would not be involved in discussing the derived rules of Job Creation Law. This attitude is in line with the labor union’s obligation, which until now has rejected the omnibus law on Cipta Kerja, especially the labor cluster.

He conveyed that the workers’ action against the omnibus law in the future would be bigger and more bumpy. “Workers reject the omnibus law in Job Creation Law. Thus, it is impossible for workers to accept the derived regulations. Furthermore, they are involved in discussing it,” Iqbal said in a written statement on Thursday, October 15, 2020.

If the government catches up again to make its derived rules, Said Iqbal, there are allegations that unions are only used as stamps or legitimacy.

Said Iqbal said the workers felt betrayed by the House of Representatives. This is because DPR had promised that workers would be involved in the processing of the regulations. But in the end, he felt that the board was chasing deposits.

“Although we have submitted a counter-draft to the career proposal, many of the inputs we have provided have not been met,” he said. He said that DPR’s claim that 80 percent of working life proposals had already been passed in the law on job creation was false.

In the future, there are four steps that workers will take to reject the law on job creation. First, it will prepare follow-up actions in a measured and constitutional way, both in the regions and nationally.

Secondly, to prepare for the Constitutional Court for a formal and judicial review. Thirdly, we ask for a legislative review to the DPR and an executive review to the government. Fourth, carry out socialization or campaigning on the content and reasons for the rejection of the Cipta Kerja omnibus law, especially the workers’ cluster of workers.

Read also: Do ​​not discuss rules for derived omnibus law, KSPI: Workers feel betrayed

CAESAR AKBAR

Corona makes Indonesia’s trade balance A 5 subsequent profit

BigBussiness – The Central Statistics Agency (BPS) noted that Indonesia’s trade balance in September 2020 had a surplus of 2.44 billion US dollars.

This trade balance surplus is due to higher export value compared to import value. In September 2020, Indonesia’s exports reached $ 14.01 billion, while imports were $ 11.57 billion.

This is the fifth trade balance surplus in a row during the coronavirus or Covid-19 pandemic.

“In the five consecutive months since May, Indonesia has experienced a surplus, and this surplus in September is greater than in August last year of 2.35 billion US dollars,” BPS chief Kecuk Suhariyanto said at a virtual press conference on Thursday. (15.10.2020).

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The trade balance surplus in September is also the largest, because it experienced a deficit in the same period last year.

BPS noted that export activities during September 2020 jumped 6.97 percent compared to the previous month.

In that month, Indonesia’s total exports reached 14.01 billion US dollars, this figure increased by around 6.97 percent compared to the previous month which amounted to 13.10 billion US dollars.

“If we compare the position in September with the position in August 2020, it means that our export value has increased quite well, namely by 6.97 percent,” said Kecuk.

Meanwhile, it reached $ 11.57 billion in imports from September 2020, an increase of 7.71 percent compared to August 2020, but compared to September 2019, it fell by 18.88 percent.

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This annual decline in import performance is the result of coronavirus or Covid-19 outbreaks that have hit the world, including Indonesia.

“Imports in September 2020 continued to experience a negative change of 18.8 percent due to a decline in both oil and gas and non-oil and gas,” Kecuk said.

Kecuk explained that September 2020 non-oil and gas imports reached 10.40 billion US dollars or an increase of 6.18 percent compared to August 2020, but compared to September 2019 it fell by 17.94 percent.

Meanwhile, imports of oil and gas in September 2020 were valued at 1.17 billion dollars, up 23.50 percent compared to August 2020, but compared to September 2019, it fell 26.31 percent.

The Minister of Labor said that only 7 percent of the companies paid severance pay under the previous law

TEMPO.CO, Jakarta The Minister for Labor (Menaker), Ida Fauziyah, said that the provisions on severance pay laid down in Act no. 13/2003 on labor are often not implemented. This is because only 7 per cent of the companies pay severance pay in accordance with the stipulated regulations.

“Act 13 of 2003 on the provisions for severance pay is really very good 32 times (severance pay is 32 times the salary). However, only 7 percent comply with the provisions. So the law means that it is not implemented,” said Ida Fauziyah on the official YouTube page of the Indonesian Crew Ministry on Wednesday 14 October 2020.

Ida also said that 27 percent of the companies paid according to the agreement, but according to the law’s provisions. “It should not be,” he said.

According to Ida, this was done because the company did not have the opportunity to pay a large amount of severance pay for workers or workers to resign 32 times the salary. “Because it’s considered too high.”

As I reflected on this fact, Ida said, the severance pay in the Job Creation Act was lowered with the principle of ensuring that severance pay is really a right and can be accepted by workers. “The government does not want that, so it is certainly lowered,” he said.