{
    "success": true,
    "data": {
        "id": 1487061,
        "msgid": "bad-regulations-must-be-revised-andung-1447893297",
        "date": "2004-10-22 00:00:00",
        "title": "Bad regulations must be revised: Andung",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Bad regulations must be revised: Andung The Jakarta Post, Jakarta Newly appointed Minister of Industry Andung A. Nitimihardja said on Thursday that one of his immediate priorities was to review existing regulations that have hampered the performance of the country's manufacturing sector. \"Not only regulations under my ministry, but also those of other ministries that have affected the manufacturing sector,\" he said.",
        "content": "<p>Bad regulations must be revised: Andung<\/p>\n<p>The Jakarta Post, Jakarta<\/p>\n<p>Newly appointed Minister of Industry Andung A. Nitimihardja<br>\nsaid on Thursday that one of his immediate priorities was to<br>\nreview existing regulations that have hampered the performance of<br>\nthe country's manufacturing sector.<\/p>\n<p>\"Not only regulations under my ministry, but also those of<br>\nother ministries that have affected the manufacturing sector,\" he<br>\nsaid.<\/p>\n<p>He said that this was expected to help attract new investment<br>\nin the sector, and eventually push the industry to expand and<br>\nbecome stronger.<\/p>\n<p>\"In the future, we must have a strong industry from upstream<br>\nto downstream,\" he said after the swearing-in ceremony.<\/p>\n<p>Industry players have long complained that the current<br>\ndomestic investment climate is not conducive for doing business<br>\nin the country, and asked the government to scrap red tape,<br>\nimplement tax reform, and improve infrastructure.<\/p>\n<p>According to the Indonesian Chamber of Commerce and Industry<br>\n(Kadin), the role of the manufacturing sector over the years had<br>\nweakened due to various problems.  While the sector contributed<br>\nbetween 10.8 percent to 12 percent to the gross domestic product<br>\nbetween 1995 and 1996, it has only contributed an average 3.9<br>\npercent to the GDP since the 1997 financial crisis.<\/p>\n<p>Elsewhere, Andung, who was previously a senior official of the<br>\nInvestment Coordinating Board (BKPM), said that he would spend<br>\nhis first days in office meeting the business community,<br>\nincluding Kadin, associations and foreign chambers of commerce.<\/p>\n<p>\"We will try to attract foreign investors while maintaining<br>\nexisting investment,\" he said.<\/p>\n<p>Separately, Indonesian Metalwork and Machinery Industries<br>\nAssociation (GAMMA) chairman Safiun said that the Ministry of<br>\nIndustry needs to strengthen its role in facilitating and setting<br>\nthe course of the manufacturing sector.<\/p>\n<p>Safiun said that the ministry must work closely, not only with<br>\nthe Ministry of Trade, but also with other ministries, regarding<br>\nthe improvement of infrastructure and the taxation system.<\/p>\n<p>\"Building infrastructure would first create new jobs and later<br>\nserve as a main attraction to lure investors. Only then could the<br>\nmanufacturing sector grow,\" he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bad-regulations-must-be-revised-andung-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}