The Financial Service Authority (OJK) has just issued a regulation on Financial Conglomerate. Regulation No. 45/2020 redefines financial conglomeration, which is needed in line with the rapid development of domestic financial conglomerate groups.
The government scrapped the plan to hold the COVID-19 vaccination plan in November this year after receiving several warnings from various parties, including epidemiologists and doctors.
The Omnibus Law on Job Creation has been challenged to the Constitutional Court even before it is officially enforced. As of last week, three lawsuits were filed: two judicial reviews and one formal lawsuit.
The social restriction policy in Jakarta has reaped condemnation from central government officials. The main concern of the central government is that social restrictions will further suppress economic growth.
Even though the pandemic has escalated, the Indonesian government still does not want to re-implement social restrictions for fear of its impact on the economy. For this reason, presenting COVID-19 vaccines and drugs is the only option.