The President Post English Edition February 2018

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February, 2018 | Vol. 8 No. 02

INTERNATIONAL

INFRASTRUCTURE

TOURISM

Handover of Trade Attaché Post at Indonesian Embassy in Paris

42% Complete, Pandaan-Malang Toll Road to Operate Late 2018

To Boost Tourism, Bantaeng Regency Cooperates with PATA Page A8

Page A5

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Young Investors Dominate Capital Market PT Kustodian Sentral Efek Indonesia (KSEI) has recorded the number of investors in the capital market reaching 1,118,913. The record is based on the Single Investor Identification (SID) data on December 20, 2017. KSEI President Director Friderica Widyasari Dewi said the data came from the C-BEST, SBN, EBAE and SINVEST systems. The four systems generate data that easily to know which ones are investors of stocks, mutual funds, and government securities (SBN). “To reach 1 million investors is very difficult. In the past it was also difficult to count the number of investors of mutual funds, for example, but now with SInvest system it’s easy to know,” she said at the Pacific Place, Jakarta, on Wednesday (12/27/2017). neraca.co.id

It is also easy to know the gender of the investors, of which currently is dominated by men at 59.3% and women at 40.7%. In the age category, the biggest group is 21-30 years old at 26.24%, followed by the group of 31-40 years old at 25.12%, group of 41-50 years old 23.02%, group of 51-60 years old at 13.95%, group of 61-70 years old at 5.81%, below 20 years old at 3.82%, group of 71-80 years old at 1.71% and the rest is above 80 years old. “It’s interesting that most of the investors are much younger now,” said the woman who is familiarly called Kiki. In the education category, most of Indonesian investors have S1 (university) degree as many as 51.21%, then high school (SMA) at 27.42%, D3 (college) at 9.53%, and S2 (master) degree at 6.21%. “The ones who are currently recorded as SMA actually most of them are still studying in the college/university,” she said. (DTK/TPP)

Quote Of The Month

“I am optimistic that ASEAN and India will be the backbone of IndoPacific cooperation” President Joko Widodo

ASEAN-India Partnership Creates Stability in Indo-Pacific Region A peaceful, stable, and prosperous ecosystem must be created in the Indo-Pacific region, said President Joko Widodo when speaking at the ASEAN - India Summit, Session of India Prime Minister Retreat with Heads ASEAN member countries at the Rasthrapati Bhawan on Thursday (1/25). “I believe through the ASEAN-India partnership, a peaceful, stable and prosperous IndoPacific region will be achieved,” said the president. He further said the Indo-Pacific concept can be developed based on the Treaty of Amity and Cooperation of ASEAN where all the key countries have become parties to the treaty. “The development of the Indo-Pacific concept should also be carried out openly, transpa­ rently, inclusively based on the dialogue, the desire to cooperate and uphold international law,” said the president, adding that

with a such concept, unhealthy rivalry that may lead to ‘power projection’ can be avoided. The concept would be good if carried out through building block approach, among others through strengthening bilate­ ral and plural-lateral cooperation such as ASEAN-India; strengthening regional mechanisms such as IORA in the Indian Ocean and ASEAN-led mechanism, especially East Asia Summit (EAS) Pacific Ocean; linkage and integration of the mechanisms of cooperation among countries in Indian and Pacific Oceans. “By building a block, it will

create an Indo-Pacific region that can become one of the main sources of economic growth, or trade and industry center of the world,” said the president. He underlined the maritime cooperation as a key in the development of Indo-Pacific region and Indonesia has a strong commitment in enhancing maritime cooperation through IORA and EAS. “I want to take this opportunity to express my appreciation for India’s support for ASEAN’s centrality. I am optimistic that ASEAN and India will be the backbone of Indo-Pacific cooperation,” said the president.

Last year ASEAN celebrated its 50th anniversary, while the ASEAN-India partnership reached 25 years. “If for the past 50 years, ASEAN has succeeded in creating a peace and welfare ecosystem in Southeast Asia, then the ASEAN-India partnership should also be able to contribute equally to the wider region,” the president added. Prior to joining the retreat, President and First Lady Iriana Joko Widodo attended a luncheon for the heads of ASEAN member countries with Indian President Ram Nath Kovind and

Ms. Savita Kovind, ended with group photos. After the retreat, President Jokowi along with other heads of ASEAN member countries and Indian Prime Minister Narendra Modi walked to the Mughal Gardens for group pictures again, where President Jokowi stood bet­ ween Cambodian Prime Minister and Laos PM. In the afternoon, the president attended the ASEAN-India Commemorative Summit and the launch of the ASEAN-India Commemorative Stamps at the Taj Diplomatic Enclave Hotel, New Delhi. (KEMLU/TPP)

President Jokowi Targets Indonesia to Become Largest Digital Economic Power in ASEAN The demand for manpower in the data technology sector is expected to increase significantly in the future. The data from LinkedIn as of January 2018, there were 251 vacancies for data scientists and 4,281 job openings related to the data technology, including data engineer, data analyst and business intelligence in Indonesia. Deputy II of the Presidential Chief of Staff, Yanuar Nugroho, said that the administration of President Joko Widodo has a great vision in the digital economy sector. President Jokowi has targeted Indonesia to become the

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largest digital economic power in ASEAN in 2020 with a projected value of e-commerce transactions to reach US$130 million. To achieve the target, the government is processing every online transaction into informative data. “Therefore, the country will need many experts in data technology,” said Yanuar in a written statement on Thursday (1/18). According to Yanuar, the demand for workforce in the digital economy sector is still difficult to meet completely, because the data science needs

other sciences. The candidates who want to work in the data technology have to understand the business and also its technological approach. The teaching methods are more realistic for practical learning and are divided into 4 scientific areas, namely data science, data engineering, business intelligence and business analytics. “So, the combination of the 4 scientific areas will form a more effective team in running data technology applications in the business world,” Yanuar said. (TPP)


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