TheJakartaPost
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With markets at a crossroads, investors are now faced with a conundrum. If they sit on the sidelines, they fear missing out on the risk rally when the rebound happens and if they chase this sell-off aggressively, they might be caught with loses if markets correct further.
The Financial Services Authority (OJK) might have the mandate as current laws place nearly all financial entities under its regulatory purview. But to extend a Maiden-Lane-like facility, the OJK needs to swiftly create a massive liquidity cushion for the firm in need.
With Indonesia’s personal data protection bill under deliberation, this is an opportune time for the country to develop a world-class data protection law — one that addresses the gaps in existing regulations and builds a comprehensive and interoperable framework to raise its position as an attractive investment destination.
The misconception that electric cars are close to taking over and will solve climate change is dangerous, because it directs our attention away from the technological breakthroughs in green energy generation needed to reduce rising temperatures — and away from innovations needed to cut air pollution.
