Education Ministry’s partnership with Netflix draws criticism from House Commission XThursday, 18 Jun 2020
GENERAL NEWS AND HEADLINES
House of Representatives Commission X chairman Syaiful Huda criticized the Education and Culture Ministry’s move to partner with Netflix. The partnership is aimed at airing documentaries on television, as a majority of students are still likely to continue studying from home. Huda considered that documentaries, which will be screened through public broadcaster TVRI, will not provide space for the growth of Indonesian children’s creativity.
“Why must the Education and Culture Ministry, as the country’s powerhouse for education, partner with foreign streaming service providers to merely provide documentary films?” Huda asserted on Thursday.
Huda acknowledged that students did need quality entertainment that includes elements of education during the study from home period. However, he said, local production houses should be able to meet those needs.
The Jakarta administration is set to resume the weekly Car Free Day (CFD) on Jl. Sudirman and Jl. MH Thamrin this coming Sunday, but activities will be restricted to bicycle riding and outdoor exercise, with street vendors prohibited from operating.
Jakarta Transportation Agency head Syafrin Liputo said that residents must comply with COVID-19 health protocols, such as wearing masks and maintaining social distance, throughout CFD. Meanwhile, those who feel unwell must not attend.
“CFD will resume [this Sunday]. Of course, this will be a trial during the transition period and we will conduct an evaluation afterwards,” Syafrin said.
The Defense Ministry plans to improve food security in order to anticipate the emergence of future disease outbreaks.
“The WHO [World Health Organization] has stated that new viruses will continue to emerge. Even once the COVID-19 pandemic is over, our futures are not guaranteed to be free of new disease outbreaks. Therefore, we must improve the indicators of food security in the future to anticipate such circumstances,” said Deputy Defense Minister Sakti Wahyu Trenggono on Thursday, in a webinar held by alumni of Bandung Institute of Technology (IA ITB), titled “Strengthening Food & Public Health as a Basis for Post-Pandemic State Resilience”.
According to Trenggono, a pandemic threatened three important areas related to the resilience and sovereignty of the country as a whole, namely the employment sector, food availability and health security.
BUSINESS AND ECONOMICS NEWS AND HEADLINES
Govt raises $2.5 B through global sukuk offering
The Jakarta Post, (https://tinyurl.com/y9khxuh3)
Indonesia has raised US$2.5 billion from a three-tranche global sukuk (sharia-compliant bond) offering to help the government fund the battle against the coronavirus pandemic, the Finance Ministry announced on Wednesday. The sukuk were offered on the Singapore stock exchange and NASDAQ Dubai in the United Arab Emirates on Wednesday. The 10-year maturity sukuk brought in $1 billion, and the five-year and 30-year maturities amounted to $750 million each.
The sukuk offering was Indonesia’s third global debt issuance this year. In January, the country raised more than $3 billion from dollar- and euro-denominated bonds, followed by a $4.3 billion triple-tranched bond offering in April to help fund coronavirus relief.
The issuance was oversubscribed by $16.66 billion, or 6.7 times its target, reflecting a relatively strong international investor appetite for the instruments. More than half of the sukuk’s value was backed by state assets in the form of land and buildings as underlying assets, while 49 percent of the sukuk’s value was backed by government projects.
Angkasa Pura’s loses 12.7 million travelers from January to May
State-owned airport operator PT Angkasa Pura I recorded 12.7 million reduction in total number of travellers at its 15 airports from January to May, or 40.36 percent year-on-year (yoy), to 18.7 million. PT Angkasa Pura I president director Faik Fahmi said the lowest number of travellers was recorded in May at 76,841. “This happened due to the government’s transport restriction policy, particularly during the Lebaran exodus season,” he explained. Moreover, the number of travellers at I Gusti Ngurah Rai airport in Bali, a major tourist destination, shrank by 47.13 percent yoy to 4.77 million compared to same period last year.
State-owned plantation company PT Perkebunan Nusantara (PTPN) III overhauled the executive position at its 10 non-PTPN subsidiaries. The subsidiaries are PT Kharisma Pemasaran Bersama Nusantara (KPBN), PT Riset Perkebunan Nusantara (RPN), PT Industri Karet Nusantara (IKN), PT ESW Nusa Tiga, PT Kawasan Industri Nusantara (KINRA), PT RS Sri Pamela Medika Nusantara (SPMN), PT Industri Nabati Lestari (INL), PT LPP Agro Nusantara (LPPAN), PT Bio Industri Nusantara (Bionusa), and PT Sarana Agro Nusantara (SAN). PTPN III president director Muhammad Abdul Gani said the overhaul is in line with the company’s policy to improve operations.Download PDF