Trending Ekbis: 8 RCTI facts about the material in the Broadcasting Act to Erick Thohir’s problem

TEMPO.CO, Jakarta – News about financial and business trends through Friday 28. August 2020, with eight facts from RCTI’s legal review of the Broadcasting Act to BUMN Minister Erick Thohir who does not hesitate to replace BUMN directors who accept bribes.

There is also news about Inner City Ring Toll Road Manager supporting DKI Jakarta Governor Anies Baswedan wanting to give motorway access cyclist and Erick Thohir said it had calculated the cost of the Covid-19 vaccine.

1. 8 facts about RCTI’s Broadcasting Act lawsuits, threatening Youtube and IG Live?

Act number 32 from 2002 on broadcasting is now receiving public attention following a judicial review of two television stations under the MNC Group, RCTI and iNewsTV. If the Constitutional Court (MK) approves a judicial review of the Broadcasting Act, internet-based live broadcasts on Instagram (IG Live) and Youtube are said to be threatened.

Tempo summarizes the facts behind this lawsuit or legal assessment, including the following:

Beginning of trials
This lawsuit has actually been filed by RCTI and iNewsTV since two months ago, with case number 39 / PUU-XVIII / 2020. The inauguration meeting was held on 22 June 2020. Not all the provisions of this law were challenged, but only Article 1 no. 2 alone.

The regulations read: “Broadcasting is an activity for broadcasting broadcasting by means of broadcasting and / or transmission on land, at sea or in space by using a radio frequency spectrum with air, cable and / or other media to be received simultaneously and simultaneously by the public. with a transceiver. “

Reasons for the lawsuit
RCTI and iNews TV filed a lawsuit because they believed that the Internet-based broadcasting arrangement in this article was ambiguous and caused legal uncertainty. Thus, they requested that broadcasting service providers via the Internet should be regulated in the Broadcasting Act.

In addition, the statements of the two applicants at the inauguration meeting on 22 June 2020 were also published on the official website of the Constitutional Court. During the hearing, the petitioners argued that the provisions of this article had a constitutional weakening for them due to their existence different treatment.

Read the whole news here.

Tapera Fund Management is guaranteed to be safe

BigBussiness – People’s housing savings (Tapera) are considered a solution for people, especially those from the low-income segment of society (MBR), so that they can own a house.

It is hoped that these savings, which are intended for workers and independent workers to save and invest at the same time, are expected to be managed transparently and responsibly through investment contracts so that they can achieve a fair return.

Based on Act 4 of 2016 and PP25 of 2020 on the implementation of Tapera, Tapera is obliged to appoint an investment manager to perform fertilization.

Apart from investment managers, other institutions that cooperate with BPTapera include Custodian Banks and commercial banks as channeling banks that are professionally supervised by OJK.

Deputy Commissioner of BP Tapera for fertilization of Tapera funds, Gatut Subadio itself ensures that public funds in Tapera will be safe. This is because Tapera Fund Investment Contract is divided into different instruments.

Where 40-60 per cent fertilization allocation is carried out through investment managers to conventional investment contracts or sharia collective investment contracts such as deposits, government securities, regional government securities, securities in the housing and area sector and other forms of profitable investment.

In addition, the distribution of 30-55 per cent in banks and financing companies is utilized through securities for distribution of financing (CPR, mortgage or home renovation loan).

“The Tapera Fund also has a 5 percent reserve allocation for operating accounts to repay participants and deposits (if the funds have not been withdrawn). Reserves must be made. So we need to make sure that the savings can return to savers with the results of fertilization,” said Gatut in a virtual event on InfobankTalkNews. , Friday (28/8/2020).

Institutionally, Gatut continued, this has been arranged in such a way with investment managers, banks and financial institutions, to remove concerns from the public.

“The challenge is how the fertilization results and liquidity conditions are,” he said.

BCA will merge Rabobank with BCA Syariah in early 2021

TEMPO.CO, Jakarta – PT Bank Central Asia Tbk or BCA submitted further plans after acquiring PT Bank Rabobank International Indonesia (Rabobank).

BCA’s CFO Vera Eve Lim said that the company plans to merge Rabobank with PT Bank BCA Syariah in early 2021. This follow-up process is part of the company’s plan to expand the subsidiary’s business, BCA Syariah, through organic and inorganic growth strategies.

He rejected this follow-up plan to compete with SOEs, which also plan to merge Islamic banks, a subsidiary of state-owned banks.

“The moment happened found it too inorganic. This is what we are planning with BCA Syariah, “he said in pubex live ID, Friday 28 August 2020.

Vera added that the company’s focus at the moment is to complete the acquisition process of Bank Rabobank. Following EGMS ‘approval of the plan to acquire Rabobank shares at the end of July, the company is in the process of submitting approval to the regulator, namely the Financial Services Authority.

BCA and its subsidiary PT BCA Finance plan to purchase 3.72 million shares and 1 share, respectively, from Rabobank shareholders, which represent 100 per cent of the total issued and paid-up shares in Rabobank.

If this process goes well, he said, the company hopes that the acquisition can be completed in September 2020 and will be continued for the Rabobank merger process with BCA Syariah.

According to him, if all processes go smoothly, the merger can be completed early next year. Furthermore, after the merger, BCA Syariah capital can reach Rp 2 trillion.

“Rabobank’s capital is in position in June in the region of 384 billion dollars as of June 2020. Earlier this year, we also just added capital to BCA Syariah of one trillion trillion,” he said.


Gojek expands GoSend Service Reach

BigBussiness – Gojekt’s online transport application expands delivery services for intercity. The service is called GoSend Delivery of intercity.

At the same time, the order function, GoSend Web Portal, was launched.

Head of Logistics Gojek Group Junaidi said, GoSend’s latest innovation is a manifestation of all the efforts and technology in the Gojek ecosystem that help MSMEs facilitate the implementation of digitization of business operations.

“We see that logistics is very difficult for MSME players. Firstly, it is difficult for MSMEs to access logistics services. Secondly, the service area is limited. Thirdly, delivery delays and high costs,” Junaidi said in a statement on Friday. (28/8/2020).

According to Junaidi, this latest GoSend innovation is to eradicate the four logistical problems facing MSME.

“MSME players can get Gojek ecosystem solutions that are most appropriate for their business. We offer complete solutions for MSMEs as quickly as possible, so they can go digital,” he explained.

After operating services in Jakarta, Depok, Tangerang, Bekasi (Jadetabek) and Bandung, GoSend collaborates with Paxel, a logistics startup same day delivery service, expand service coverage to Central Java. With this extension, GoSend Delivery between cities now also present in Yogyakarta, Solo and Semarang.

The benefits of the GoSend Intercity Delivery service are felt not only by individual Gojek users, but also by MSME players and the social sales community who continue to strive to increase productivity.

At the same time, an attempt was made to minimize logistical challenges when sending goods to consumers.

Since its launch in April 2020, the GoSend service Delivery of intercity for the Jadetabek and Bandung areas, it has increased in three parts.

Although he lost Rp. 11 trillion in the first semester, the boss of Pertaminina is sure to make a profit in 2020

Big Business – President Director of PT Pertamina (Persero) Nicke Widyawati is optimistic that the company can book profits for the whole of this year, even though the company in the first semester of 2020 lost Rp 11 trillion.

Nicke sees that currently fuel consumption in several regions has begun to increase. In July 2020, turnover increased by 9 percent, and the company had an operating profit of 1.2 billion dollars. Even during this period, the loss was reduced to 4.5 trillion IDR.

“With this positive trend, we are confident that we can improve our performance in the second semester of 2020, and can post profits this year,” Nicke said in a written statement on Friday 28. August 2020.

He hopes that the Covid-19 pandemic can be handled properly so that mobility and economy will be better and can encourage increased fuel consumption.

In the first semester of 2020, Pertamina registered a negative financial performance by registering a loss of IDR 11 trillion. Nicke said there were generally three reasons why the company ended up losing money in the first half of this year.

First, the reduction in fuel consumption due to the Covid-19 pandemic. The decline in consumption has led to revenues from the downstream sector falling by 25 per cent compared with the same period last year.

Meanwhile, the decline in fuel sales in large cities in large-scale social restriction period can reach 40 percent to 50 percent under normal conditions. “Downstream contributes 80 percent of Pertamina’s total revenue. Thus, the decline in sales downstream has a significant impact on the company’s revenue,” said Nicke.

Second, the weakening of the rupee against the US dollar. Nicke said that the loss due to this exchange rate difference reached USD 211 million in the first semester of 2020. This is because 93 percent of the company’s capital expenses and operating expenses use dollars, while 80 percent of turnover is in rupiah.

Third, the decline in world oil prices is due to redundant supply. This factor causes the company’s upstream oil and gas revenues to fall by 20 percent. Meanwhile, exploration and exploitation are relatively constant.

“The upstream sector contributes 80 percent of Pertamina’s total profits, so the decline in profitability from the upstream sector has a major impact on Pertamina’s decline in earnings,” said Nicke.


Tiles and ceramics from India and Vietnam are now taxable

BigBussiness – To support the domestic industry, especially ceramic tiles, the government, through the Ministry of Finance, has made amendments to the Minister of Finance’s regulation number 119 / PMK.010 / 2018 on the imposition of security measures Import Duty (BMTP) on imports of ceramic tiles.

This change is listed in the Minister of Finance Ordinance number 111 / PMK.010 / 2020 on amendments to the Minister of Finance’s regulation number 119 / PMK.010 / 2018 on the imposition of import duties for protective measures (BMTP) on imports of ceramic tiles.

The head of the Fiscal Policy Agency, Febrio Kacaribu, said that the content of PMK number 111 / PMK.010 / 2020 in general is to exclude India and Vietnam from the list of countries that are exempt from the BMTP order on ceramic tiles according to PMK 119 / PMK .010 / 2018

At the time of the entry into force of this amended PMC, India and Vietnam were subject to BMTP on imports of ceramic tiles.

The amount and time period for imposing BMTP on the import of ceramic tiles has not changed from the previous PMK, where BMTP in the first year is imposed by 23 percent, the second year is 21 percent and in the third year is 19 percent with the order period until October 2021 .

Order of BMTP on ceramic tiles from India and Vietnam is based on data on the increase in imports of ceramic tiles from the two countries, after being excluded from order of BMTP in accordance with PMK 119 / PMK.010 / 2018.

“Based on the Ministry of Commerce’s evaluation in December 2019, imports of ceramic tiles from India and Vietnam in the period 2018-2019 jumped by 22.72 percent and 6.58 percent, respectively,” Febrio said.

Based on the import data mentioned above and referring to Article 9.1 WTO Guarantee Agreement, India and Vietnam can be excluded from the list of countries except from the introduction of BMTP.

This is because the share of imports from these countries has exceeded three percent.

In PMK 119 / PMK.010 / 2018, the government has imposed BMTP on ceramic tiles which are quite effective in suppressing imported products, especially ceramic tiles from China, which reduced significantly.

Government issues Sukuk SR013, return 6.05 per cent

TEMPO.CO, Jakarta – The government has officially opened the retail Sukuk series SR013 which offers period for Indonesian citizens individual investors. The offer period will last from 28 August – 23 September 2020. The recently issued retail week has a tenor of 3 years, and offers a fixed rate of return of 6.05 per cent per year.

“Why is the government issuing retail sukuk as part of the funding of our state budget,” Luky Alfirman, director general of finance and risk management at the Ministry of Finance, said at a video conference on Friday 28. August 2020.

Luky said the issuance of retail sukuk is also the government’s effort to diversify state budget financing instruments, expand the investor base in the domestic market, support the development of the Islamic financial market and strengthen the Indonesian capital market.

The presence of Retail State Sukuk, said Luky, can provide a safe investment alternative for society, support the realization of financial inclusion and fulfill part of the funding for the development of various projects / activities in the state budget for 2020.

In addition, Luky said, through SR013, that the government also provides opportunities for every citizen to be able to invest while participating in supporting national development.

The main terms and conditions of SR013 include the form and characteristics of the scripless state sukuk, which can be traded on the secondary market from 11 December 2020 and can only be traded between domestic investors.

The date for determining the sales revenue is 28 September 2020. The settlement date is 30 September 2020 and the due date is 10 September 2023. Everyone, said Luky, can order retail sukuk with a minimum value of 1 million IDR and a maximum order of 3 billion IDR.

Sukuk has underlying asset State Property (BMN) and the 2020 budget project, as well as the asset to be leased ijarah agreement. On the other hand, the payment date for rewards or coupons will be the 10th of each month.

“In case the payment date for the compensation / coupon is not a working day, the payment will be made the next working day. The working day is the day the payment system is operated by Bank Indonesia,” said Luky. The first payout of rewards will be made on November 10, 2020, also called the Long Coupon.

The purchase order process SR013 can be done online Online through four stages, namely registration, ordering, payment and settlement. Purchase orders are sent through an electronic system provided by the distribution partner who owns it interface with the e-SBN system.

“For the issuance of retail sukuk, we work with 31 distribution partners. There are many variants here, we have 16 commercial banks and four Islamic banks. We also work with investment firms and financial technology companies to market these retail sukuk,” he said.

Bank Bukopin’s EGMS was characterized by disruptions and the Bosowa review

BigBussiness – The Extraordinary General Meeting of Shareholders (EGMS) of PT Bank Bukopin Tbk (BBKP) on 25 August 2020 was colored by interruptions and actions to leave the meeting or walkout of PT Bosowa Corporindo (Bosowa) as a 23.4 percent shareholder in Bank Bukopin as did not accept the decision Financial Services Authority (OJK), which resulted in Bosowa’s shares in Bank Bukopin not being counted in the EGMS quorum.

Apart from Bosowa, several other shareholders also participated in the walkout action, and during EGMS there were several interruptions and debates between the EGMS participants and Imran Muntaz from Imran Muntaz & Co.’s law firm, as legal counsel appointed by the bank. Bukopin.

“One of the long debates took place when the second agenda (increase in authorized capital) and the third agenda (approval of additional capital without preferential rights),” said Imran Muntaz when he confirmed BigBussiness, Friday (28) / 8/2020 ).

Imran said that one of the debates that took place was related to the absence of agreement on takeover and quorum.

One of the meeting participants stated that it should be a takeover agreement with a quorum of 3/4 not 2/3 and according to Legal Consultant assesses the condition of Bank Bukopin which requires acceleration in dealing with the bank’s financial problems.

“So OJK has set a policy based on certain considerations as set out in POJK no. 41 from 2019 regarding the takeover of a commercial bank and related to this, the provisions in POJK no. 9 from 2018 on the takeover of a public company are no longer necessary, as “The approval of the general meeting is no longer required. Shareholders and the quorum of the third EGMS agenda are not the quorum of PMTHMETD,” said Imran.

After being colored by various dynamics in EGMS, EGMS finally approved the entire agenda, including PMTHMETD, so that Kookmin Bank (KB) would own 67 percent of Bank Bukopin’s shares and become the sole controlling shareholder.

Previously, Bosowa Corporation wanted to sue OJK regarding the acquisition of Kookmin Bank against PT Bank Bukopin Tbk.

According to Bosowa Presidential Commissioner Erwin Aksa, the lawsuit over the takeover of Bank Bukopin’s shares was filed by the Civil and State Administrative Court (PTUN).

He said that there was an inconsistency in OJK’s correspondence that had the potential to lead to abuse of authority and conspiracy that could lead to crimes.

Residents get double help, Erick Thohir: As long as Nawaitu is not corrupt, it’s okay

TEMPO.CO, Jakarta – The CEO of the Covid-19 recovery group and the Minister for BUMN, Erick Thohir, do not question whether there are people who are less able to receive state aid more than once or twice. He stressed that the most important thing is that officials who distribute aid have no intention of engaging in corruption.

According to Erick, this does not mean that the government is naive. However, direct government assistance to people in need, both poor families and micro-enterprises, can be provided twice.

“I guess just as long nawaitunya no corruption, give someone who is short twice it’s okay. The important thing is that we do not play for the pockets, so it’s okay to be hit twice. But we want to protect the data, “Erick said at the Jakarta Parliament building on Thursday, August 27, 2020.

However, this does not mean that assistance no more than once has no other risks. It may be that development assistance has given other communities in need not even a share. Therefore, the government continues to improve this computer issue.

Bina Marga assesses the need for policies that support the preservation of the budget

BigBussiness – Director General (Dirjen) of Bina Marga, Ministry of Public Works and Public Housing (PUPR), said Hedy Rahadian, conservation of roads and bridges has not provided good service, although in Law (UU) conservation is a priority in road management. He considered that there is a need for policies that are more pro-budgetary conservation and budget policies that are pro-maintenance.

He stated this in the Consultative Meeting (RDP) regarding input regarding the preparation of the amendment to Act No. 38 of 2004 regarding roads in Jakarta, together with Commission V of the Indonesian Parliament, Wednesday (26/8/2020).

“We must continue to encourage innovation in the implementation of the implementation, including through cooperation between the government and business units (PPP),” he said.

Director General (Dirjen) of Bina Marga, Ministry of Public Works and Public Housing (PUPR), Hedy Rahadian. (Doc: PUPR)

According to him, there are currently still disturbances in the road functions, namely high road obstacles, congestion and uncontrolled access to arterial or collector roads. Hedy feels the need for consistent law enforcement.

According to him, to answer the problem of the still high travel time in Indonesia, this is due to the friction on high sides, damaged road conditions and congestion, so it is necessary to be encouraged to rely on highways as the backbone of road traffic.

As a follow-up to the results from the RDP on input related to the preparation of the amendment proposal on the Road Act, Hedy stated that he would wait for related strategic issues to be presented by the DPR, because this was an initiative from the DPR.

“We want to see what the problems are in the inventory, we want to see if the regulatory aspect needs to be strengthened or the implementation aspect. We need to look more closely together between DPR Commission V and our legal team,” Hedy explained to reporters after joining RDP.

Accompanying Hedy in RDP, Secretary of the Directorate-General for Motorways, Abram Elsajaya Barus, Director of Technical Development, Deded Permadi Sjamsudin, Director of Road and Bridge Conservation Region I, Akhmad Cahyadi, Director of Region II Road and Bridge Conservation, Thomas Setiabudi Aden, Director of road development, Herry Vaza, Director of Internal Compliance, Subaiha Kipli and Director of Bridge Construction, Yudha Handita Pandjiriawan.

Prior to the RDP with the Director General of Motorways, Commission V for the DPR had an RDP with a similar agenda as the Director-General for Financial Balance and the Director-General for Budget in the Ministry of Finance and Deputy for Facilities and Infrastructure in Bappenas.