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Trends And Issues of The Investment Legal Revolution Evidence of The Omnibus Law Job Creation Atikasari, Hartini
Journal of Private and Commercial Law Vol 5, No 1 (2021): VOLUME 5 NUMBER 1, MAY 2021
Publisher : Faculty of Law, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jpcl.v5i1.29884

Abstract

The multidimensional crisis due to the COVID-19 pandemic has implications for the country's economy. Foreign investors are sought to help extinguish the threat of a deficit in state finances through foreign investment (FI). Access to investment, which was initially limited in nature, has become quite flexible due to the promulgation of the Omnibus Law on Job Creation. Legislative reform which was colored by intrigue and controversy was packaged as a way out for national development and economy, especially as a response to the prevention of the country's financial crisis. This research examines the implementation of FI regulations on the investment climate in Indonesia, especially during the period of COVID-19 pandemic and a critical narrative towards the Omnibus Law on Job Creation which represents the investment legal revolution. By using normative legal research methods, this research is expected to be able to answer the above legal issues through a statutory approach and literature law materials which include scientific works and research results. The results show that the implementation of FI regulations in Indonesia is still classified as complicated so that the effect is the low interest of foreign investors to invest their capital in Indonesia. Although the government through the Capital Investment Coordinating Board has attempted to overcome this problem by pioneering the establishment of the One Stop Integrated Service and Investment Service, the COVID-19 pandemic has made it more difficult for the realization of foreign investment in Indonesia. On the other hand, Government policy in reforming investment law in Indonesia through the Omnibus Law on Job Creation too prioritizing economic targets that are not proportional to the threat of state sovereignty and guarantee of people's welfare.
Law Enforcement in the Practice of Bribery in Business and Trade in Indonesia: Between Theory and Practice Atikasari, Hartini; Amira, Btari; Arifin, Ridwan
Asy-Syir'ah: Jurnal Ilmu Syari'ah dan Hukum Vol 54 No 2 (2020)
Publisher : UINSunan Kalijaga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14421/ajish.v54i2.579

Abstract

Abstract: Abuse of power for the sake of business and trade profit has become an increasingly average occurrence in the practice of public procurement in this era of moral disruption. It is commonplace that government officials make an illicit arrangement with companies through bribery scheme to win tenders in the procurement of goods and services. This practice resulted in a shift of ideology and abuse of authority by government officials. This practice is contrary to the professional code of ethics, so it is necessary to settle such cases through juridical channels. The intervention of public officials in determining the award of contracts of government projects to certain parties has resulted in a crisis of public trust in law enforcement in Indonesia. This article reviews the basic principles of the criminal act of corruption and the commitment and integrity of government officials in implementing the professional code of ethics, and upholding honesty in order to achieve equitable law enforcement. This paper proves and confirms that the abuse of power by government officials for the sake of business profit in the public procurement has weakened Indonesia’s investment sector. In many cases, these activities may even lead to unfair competition in the trade and business sectors.Abstrak: Memperdagangkan otoritas guna melancarkan praktik bisnis dan perdagangan merupakan hal yang banyak terjadi di era disrupsi moral ini. Para pejabat pemerintah sering kali bekerja sama dengan para pengusaha dengan cara membantu memberikan stimulus berupa kemenangan tender dalam pengadaan barang dan jasa. Praktik tersebut mengakibatkan terjadinya penyalahgunaan wewenang oleh para pejabat pemerintah. Hal ini bertentangan dengan kode etik profesi, sehingga diperlukan penyelesaian perkara melalui jalur yuridis. Adanya intervensi pejabat publik dalam penetapan pihak yang menangani proyek pemerintah menyebabkan terjadinya krisis kepercayaan publik terhadap penegakan hukum di Indonesia. Artikel ini menelaah ulang dasar pokok aturan-aturan tentang tindak pidana korupsi serta bagaimana komitmen dan integritas para pejabat pemerintah dalam melaksanakan kode etik profesi, menjunjung tinggi kejujuran guna mewujudkan penegakan hukum yang adil. Tulisan ini membuktikan dan menegaskan bahwa perdagangan otoritas dalam praktik bisnis melemahkan sektor investasi Indonesia. Pada banyak kasus, kegiatan ini bahkan cenderung memperkuat kondisi persaingan tidak sehat dalam sektor perdagangan dan bisnis.