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View all search resultsThe change will grant greater authority to BKPM head Bahlil Lahadalia, who was also assigned to simplify the licensing process so that Indonesia could improve its Ease of Doing Business (EODB) ranking. On top of these efforts, Jokowi has targeted 40 ministerial regulations thought to hamper investment to be revoked by December.
Recently sworn-in Law and Human Rights Minister Yasonna Laoly and Coordinating Economic Minister Airlangga Hartarto said President Joko "Jokowi" Widodo had briefed them to go full-throttle in preparing the laws.
The plan to use unmanned aerial vehicles (UAVs), widely known as drones, for cargo delivery in Indonesia’s airspace has raised safety concerns as their operation can disrupt air traffic near airports.
A September World Bank report on Indonesia cites bureaucratic red tape, inertia, overlapping regulations, too many discretionary decisions by ministers and regional government rules that contradict Jokowi’s policies and excessive import and export administrative procedures. All these problems have cut Indonesia off from the global supply chain, consequently making it unattractive to foreign direct investment (FDI).
In line with the President’s idea of forming a national legislation center, the Organization of Economic Cooperation and Development in its 2012 report recommended that Indonesia establish a special body to conduct regulatory reform. One of the goals is to foster regulatory quality by evaluating a number of laws and regulations.
According to RISED, 75 percent of users of ride-hailing applications earn below Rp 3.5 million a month -- which is less than most drivers earn. This further accentuates the developer’s dilemma: in trying to cater to driver-partners, it is the service’s low-income users that could be harmed the most.
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