BKPM Says Job Creation Law Prevents Corruption

Translator

Dewi Elvia Muthiariny

Editor

Petir Garda Bhwana

Kamis, 8 Oktober 2020 09:42 WIB

TEMPO.CO, Jakarta - The Investment Coordinating Board (BKPM) Head Bahlil Lahadalia claimed the Omnibus Law on Job Creation would be effective to prevent corruption practices as it minimized the space for applicants and license issuers to directly meet.

“This law prevents corruption, narrows the chances of people to have direct contact. This is likely the most patent regulation,” said Bahlil in a virtual press conference on Wednesday, October 7, 2020.

Bahlil explained that through the jobs law, all business permits would be processed through online single submission or OSS. Other than preventing graft action, he believed the system would simplify the licensing process and optimize the business climate.

Potential investors, he claimed, complained about facing difficulties in obtaining a business permit in Indonesia that was attributable to sectoral egos of each ministry and agency. Thus, the newly-enacted law could be the answer to the issues, Bahlil added.

He was optimistic that the investment climate in Indonesia would grow better, claiming 103 investors have entered the country. The increase in investment would then create wider job opportunities.

“There are seven million people who are looking for a job. As many as 2.9 million vocational school graduates and 6 million others are laid off due to the pandemic. So this law is for the future,” Bahlil remarked.

The House of Representatives (DPR) enacted the contentious omnibus bill on Job Creation into law on October 5, 2020. Six factions, namely PDIP, Gerindra, PKB, Golkar, PPP, and NasDem, approved the ratification. One faction PAN agreed with notes, while two other factions, Democrats and PKS, conveyed their objections to the law.

Read also: DPR Deputy Speaker: 18 Legislators Tested Positive for COVID-19

FRANCISCA CHRISTY ROSANA

Related News

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

5 jam lalu

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

Bahlil will accelerate the facilitation of investment to achieve sugar and bioethanol self-sufficiency

Read More

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

5 jam lalu

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

IKN Authority deputy head claims that investment opportunities in IKN are attracting European attention.

Read More

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

1 hari lalu

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

IKN Authority said it had received three letters of intent (Lol) from three Malaysian private companies.

Read More

1,000 Workers Laid Off Amid Tin Corruption Case, Bangka Belitung Govovernor Says

1 hari lalu

1,000 Workers Laid Off Amid Tin Corruption Case, Bangka Belitung Govovernor Says

Acting Governor of Bangka Belitung says five smelters involved in the tin corruption case have laid off 1,000 workers.

Read More

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

1 hari lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.

Read More

Microsoft's Promises Behind Jumbo Investments for Indonesia

2 hari lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Read More

KPK Searches DPR Secretary General's Office

3 hari lalu

KPK Searches DPR Secretary General's Office

The Corruption Eradication Commission (KPK) investigators conducted a search of the House of Representatives (DPR) Secretariat General's office today.

Read More

The Import Restrictions Boomerang

3 hari lalu

The Import Restrictions Boomerang

The restrictions on the imports of goods caused problems for many industries. They could become an opportunity for bribery and corruption.

Read More

Jokowi Discusses Huge Investments in AI with Microsoft CEO

3 hari lalu

Jokowi Discusses Huge Investments in AI with Microsoft CEO

President Jokowi received a working visit from Microsoft CEO Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30.

Read More

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

3 hari lalu

Jokowi to Meet Microsoft Boss, Discusses Investment Plan

Jokowi received a working visit from Microsoft Chief Executive Officer Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30, 2024.

Read More