{
    "success": true,
    "data": {
        "id": 1397079,
        "msgid": "small-is-beautiful-1447893297",
        "date": "1998-10-27 00:00:00",
        "title": "Small is beautiful",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Small is beautiful Credits appear to have become available at almost bargain rates for small and medium-scale businesses lately. Last Friday, for example, the government launched 14 new credit schemes for these two particular business sectors. The government obviously has its reasons for \"spoiling\" small and medium-scale businesses. This policy, however, should be taken to mean that the government is disallowing big business conglomerations.",
        "content": "<p>Small is beautiful<\/p>\n<p>Credits appear to have become available at almost bargain<br>\nrates for small and medium-scale businesses lately. Last Friday,<br>\nfor example, the government launched 14 new credit schemes for<br>\nthese two particular business sectors.<\/p>\n<p>The government obviously has its reasons for &quot;spoiling&quot; small<br>\nand medium-scale businesses. This policy, however, should be<br>\ntaken to mean that the government is disallowing big business<br>\nconglomerations. The small-scale business sector, which during<br>\nthe New Order era was regarded as a burden for the economy, is<br>\nnow seen instead as a savior since it is capable of absorbing<br>\nclose to 90 percent of the Indonesian workforce. Small and<br>\nmedium-scale businesses are taking the place of big business as<br>\nthe engine that drives economic growth.<\/p>\n<p>The preferential treatment that is at present being given to<br>\nsmall and medium-scale business cooperatives cannot be separated<br>\nfrom the personality of Adi Sasono, who is known as a champion to<br>\nthese two groups. Irrespective of who leads the ministry in<br>\ncharge of these two business sectors, however, we should give our<br>\nsupport to any effort that is made to promote them.<\/p>\n<p>One major reason already mentioned is that they are capable of<br>\nabsorbing great numbers of workers. Another is that they are more<br>\nresilient in the face of economic crises. Actually, more could be<br>\ndone to help them, for instance by reviewing the tax regulations.<\/p>\n<p>It was decided lately that small businesses in the services<br>\nsector would be required to pay 10 percent in value-added taxes<br>\nas soon as their turnover reaches a minimum of Rp 120 million a<br>\nyear. The limit is Rp 240 million for businesses in the<br>\nproduction and supply sectors. Raising those limits would<br>\ncertainly further help our small businesses.<\/p>\n<p>-- Bisnis Indonesia, Jakarta<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/small-is-beautiful-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}