26November2014

Home News ASEAN Economic Community (AEC) 2015, a challenge for local workers

ASEAN Economic Community (AEC) 2015, a challenge for local workers

VOI NEWS 20.00 WIB, GMT+7, 04-03-2013

The single, integrated economic community of ASEAN countries that is intended to be come into being in 2015 will pose a great challenge both for the Balinese and other residents of the island, Bali Governor Made Mangku Pastika stated on Sunday (3/3). Speaking in front of hundreds of students from Udayana University’s School of Medicine, Pastika warned the future physicians about the challenges that the liberalization of the ASEAN labor market would throw in their direction. ASEAN is attempting to achieve comprehensive regional economic integration through its economic community scheme, the ASEAN Economic Community (AEC) 2015. As envisioned by the AEC 2015 blueprint, the community will be supported by four pillars: a single market and production base, a highly competitive economic region, a region with equitable economic development and a region fully integrated into the global economy. The economic community will include the free flow of goods, investment integration, service sector liberalization, and the free flow of people. As an international tourist destination, he added, Bali would become a big market for foreign products and workers.// Voi.Bali Daily



DPR immediately specify the replacement of Mahfud MD
Commission III of the House of Representatives will set on Monday (4/3) the replacement of Mahfud MD as the Constitutional Judge who ends his term of office on April 1, 2013. The House member, Indra, said in Jakarta on Monday (4/3) that Commission III will hold fit and proper test to three candidates. The three candidates will undergo tests alternately,and will be continued by the selection and determination of the candidate of Constitutional Judges. Previously, there were 5 candidates to replace Mahfud MD, but former minister of Justice and Human Right, Patrialis Akbar and DR Lodewijk Gultom  resigned from the selection // (trans)Ant


Lawmakers to Rule on Finance Minister’s Eligibility for Central Bank Job

Indonesia’s legislature will decide on Tuesday (5/3) whether Finance Minister Agus Martowardojo is an eligible candidate for thegovernorship of the country’s central bank, or to reject the president’s nominee at the first hurdle. President Susilo Bambang Yudhoyono last month sprang a surprise by nominating the career banker to take over Bank Indonesia from May, rather than give the current governor, Darmin Nasution, a second term. Harry Azhar Azis, deputy chairman of financial commission, told the press on Monday (4/3) that the commission will meet on Tuesday evening, a day later than had been expected, to determine Martowardojo’s eligibility. He was rejected once before for the position, back in 2008. His rejection, at that time, was seen more as parliament flexing its political muscles in competition with the presidential palace rather than anything specifically against Martowardojo. If Martowardojo is declared eligible on Tuesday, the commission will then set a date for a “fit and proper test” and vote whether to approve his appointment //Voi.JG



Anticorruption is taught to students at all schools and universities
Sumaryati, a program director for the Pancasila and citizenship subject at the university of Ahmad Dahlan, Yogyakarta said she planned to incorporate anticorruption values in her teaching of the subject, which is taught to students at all schools and universities in Indonesia. Sumaryati also said that her school will also formulate anticorruption training for students in elementary, junior and senior high schools, and explain to educators how to incorporate them into curriculums. While Indonesia has long struggled against corruption, few efforts have so far been focused on the classroom. Authorities have sought to prosecute several high-profile cases and put corrupt senior government officials behind bars, but efforts to reform the graft-prone bureaucracy has been criticized as little more than lip service. Calls for antigraft studies to be incorporated into the school curriculum are not new //Voi.JG





Indonesia - Germany push for implementation of the Jakarta Declaration

Indonesian President Susilo Bambang Yudhoyono said in Jakarta on Sunday (3/3) before going to Germany and Hungary for a working visit to the end next week, that the governments of Indonesia and Germany will keep pushing implementation of the comprehensive cooperation agreement of the two countries which is set forth in the Jakarta Declaration. Jakarta Declaration has been signed by German Chancellor, Angela Merkel and Indonesian President Susilo Bambang Yudhoyono when the German Chancellor visited Indonesia in July 2012. Head of State added that cooperation between the two countries have important meaning and opportunity remembering economic capacity of the two countries. There are many fields which will be realized in accordance with Jakarta declaration 2012, such as economy, education, research and technology, heatlh and defence industry as well as food, energy and transportation //  Voi.trans



Democratic Party Says It Will Elect a New Chairman by Election Registration Deadline

The Democratic Party said on Monday it would elect a new chairman before the April registration deadline for the legislative election. The deputy secretary general of Democratic Party, Saan Mustofa, said Monday (4/3) that the party initially planned to appoint a temporary chairman to enable the party to submit the list of legislative candidates. However, if the General Election Commission (KPU) did not approve the plan, he also said, the party would hold an extraordinary congress to officially elect a new chairman to replace former chairman Anas Urbaningrum. Senior Democratic Party politician Amir Syamsuddin, who is also the Minister of Justice and Human Rights, said the party might ask the KPU for exception to the chairman requirement because Anas’ resignation happened before a temporary list of legislative candidates was made. However, Saan argued that a dispensation from the rule was not actually necessary because the party would have a new chairman immediately //  Voi.JG


The Existence of Investor Protection Funds Welcomed Positively

Investor Protection is an effort to provide security for investors who invest through the purchase of securities or shares. The Executive Director of Association of Indonesian Listed Company Isokayoga, when contacted in Jakarta, on Sunday (3/3), welcomed positively presence of Investor Protection Fund for Indonesia capital market. It is aimed to provide protection for investors, especially the domestic one. Isakayoga said, the protection is in form of transfer investment fund from the banking sector into capital market. The are countries that apply it as the independent institution which is regulated by the legislation, such as the United States, Canada, China and the Philippine. In addition, there are also countries that apply this policy as part of capital market so the setting  is simply through the regulation level of Securities Exchange Commission like Hong Kong //  (trans)Metronews

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