New Regulation on Financial Conglomerate Issued as Risks Increase

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 Politics of Lockdown: Lives vs Livelihoods

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.

Behind the Controversial Local Experiments of COVID-19 Drugs

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.