The Covid-19 pandemic has almost a year and a half paralyzing people's mobility.

Almost all companies are under pressure, and many have even gone out of business. Likewise, people who are squeezed economically during the pandemic. Even in the midst of difficult conditions, a number of corporations have worked hand in hand to assist the government in raising aid to ease the burden on the community. One of the major conglomerates in Indonesia, Sinar Mas, has also invited various parties to distribute assistance in handling the pandemic. The assistance provided starts from providing products needed by the community, supporting vaccination programs to distributing oxygen which is a vital need for Covid-19 patients. Recently, for example, Sinar Mas through the non-profit organization Eka Tjipta Foundation (ETF) in collaboration with Kanisius College alumni held a mass vaccination on 5-18 July 2021. It is planned that the Canisius Vaccination will be held again in the first week of August 2021. Deputy Chairperson of the ETF Hong Tjhin said the Canisius Vaccination is one of the efforts to expand the reach of vaccinations to the public outside Sinar Mas' internal scope. In addition to adults, this vaccination is also intended for students over the age of 12.

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The Minister of Communication and Information (Menkominfo) of the Republic of Indonesia, Johnny G. Plate, continues to show consistency and firm attitude in implementing the rules.

Recently, this attitude was shown by the sending of a second warning letter from the Ministry of Communication and Information of the Republic of Indonesia to PT. Sampoerna Telekomunikasi Indonesia (STI). It is known that this warning letter was given for the arrears of the bill of Rights to Use (BHP) of the Radio Frequency Spectrum for the License of the 450 MHz Radio Frequency Band which has been used by PT STI. Kominfo has sent a warning letter to STI to pay Rp 442 billion consisting of arrears on the Radio Frequency Spectrum BHP bill and fines. In the letter, it is said that if STI does not make payments until July 31, 2021, then Kominfo threatens the operational use of the radio frequency spectrum that they have been using will be temporarily suspended on August 1, 2021. The Minister of Communication and Informatics' firm stance received a positive assessment from a public policy observer, Alamsyah Saragih . The man, who is the Ombudsman Commissioner for the 2016-2021 period, assessed that if there are 'bad' operators who do not want to pay arrears of frequency BHP, the government can immediately revoke their telecommunications operating license.

|•SOURCE•| Image :CNN |

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Improved sales do not necessarily boost the rate of property shares that are listed on the Indonesia Stock Exchange (IDX).

Which issuers can investors still consider collecting? Based on data from the Indonesia Stock Exchange (IDX), the property and real estate index was corrected by 15.95 percent. The record was the worst compared to other stock sectors. The property and real estate index also lags far behind the Composite Stock Price Index (JCI) which rose 1.49 percent year to date (ytd). The technology sector index became the motor of movement, rising 873.28 percent. Through research published through Bloomberg, MNC Sekuritas analyst Muhamad Rudy Setiawan reviews some of the latest news from the property sector. Rudy noted that property issuers were able to record strong pre-sales income or marketing sales in the first quarter of 2021. PT Ciputra Development Tbk. (CTRA) posted growth of 67 percent year on year (yoy), followed by PT Bumi Serpong Damai Tbk. (BSDE) 40 percent yoy, PT Summarecon Agung Tbk. (SMRA) 50 percent yoy, and PT Pakuwon Jati Tbk. (PWON) 17 percent yoy. "Sales of the lower-middle segment are one of the triggers for marketing sales growth, continuing the trend in the third quarter of 2020 and the fourth quarter of 2020 which also experienced a positive trend," he explained.

|•SOURCE•| Image :OBLIGASI |

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Issuance of debt securities by financial institutions in the non-bank financial industry sector has the potential to increase.

The company will be busy releasing debt securities in the second quarter of 2021 and the third quarter of 2021. Pefindo's Financial Services Rating Division (Fi Ratings) analyst Danan Dito said that the financing sector in general will move in a positive direction in line with the opportunities for post-pandemic economic recovery. "5 months running, the trend of issuing debt securities in the financing and multi-finance industry is already visible and is indeed higher than 2020. These are signs of recovery," Dito explained that in January-May 2020 the financing industry only issued Rp. 1.19 trillion, now as of January-May 2021 has reached IDR 6.92 trillion. Likewise with multi-finance, in the period January-May 2020 issuing IDR4.04 trillion, now as of January-May 2021 it has reached IDR6.59 trillion. For your information, the financing industry includes state-owned companies in the field of microfinance, unsecured, pawnshops, or investment financing. Meanwhile, multi-finance companies are dominated by non-state-owned companies engaged in consumer financing and automotive financing. Dito revealed that the high number of debt securities issuance from the financing sector was driven by the refinancing of maturing debt securities, as well as the trend of cost of funds to issue cheaper bonds considering interest rates were still low.

|•SOURCE•| Image :INDIA FILINGS |

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The implementation of 5G telecommunications technology is a step to realize more equitable telecommunications access and strengthen national economic growth.

The Minister of Communications and Information, Johnny G. Plate, stated that the implementation of 5G telecommunications technology also bridges the digital divide, increasing people's ability and literacy to use technology more adaptively. "Of course it will also encourage more productive use of the internet and strengthen national economic growth," he said at the press conference on the results of the Indosat Ooredoo 5G Feasibility Test which took place virtually from the Media Center Kominfo, Jakarta, Monday (14/06/2021). Minister Johnny stated that Indonesia had entered the 5G era some time ago, “We have both witnessed the commercialization carried out by PT. telkomsel. Today, Indosat has also succeeded in becoming the next telecommunications operator to receive a Certificate of Operation Eligibility or SKLO for the commercialization of 5G services," he said.

|•SOURCE•| Image :DETIK |

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Director General of Public Works and Housing Infrastructure Financing,

Ministry of PUPR Eko D Heripoerwanto in a webinar discussion organized by the Public Housing Journalists Forum, stated that his party identified a number of problems in the subsidized housing program, both in terms of location and building quality. There are still many subsidized housing locations that do not refer to spatial and regional layouts, and the quality of housing does not meet functional standards. He gave an example, there is a subsidized housing project in Papua which is located in an ex-flood location whose handling has not been completed. This condition causes the fate of consumers to be in limbo because they cannot occupy houses that have been paid in installments through subsidized housing loans (KPR). There is also subsidized housing where the facilities and infrastructure are not yet complete, the electricity network is not yet available, and there is no public transportation. As a result, houses cannot be lived in. In addition, there are also cases where a number of subsidized houses have not been occupied for more than 1 year, rented out, and transferred before 5 years. This indicates that the subsidized housing program has not yet been targeted. To improve supervision, the government implements a digital-based information system application. The Main Director of the Center for the Management of Housing Financing Funds (PPDPP) of the PUPR Ministry, Arief Sabaruddin, added that low-income people have not fully become the subject of housing development and tend to be objects. The targeting of subsidized housing still needs to be improved. "It's right on target not only in terms of its designation, but also the quality of subsidized housing that must meet the eligibility standards," said Arief.

|•SOURCE•| Image :MERDEKA |

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