Towards Reviewing an Immediate Impact of COVID-19 on the integrative world economy- An Evolving perspective

The coronavirus (CoV) belongs to Severe Acute Respiratory Syndrome (SARS) species that lead to infection, causing illness, starting from common cold to some serious sickness. Finally, on 11 March 2020, the WHO Director-General Dr. Tedros Adhanom Ghebreyesus announced the outbreak as a pandemic. As the fear and ambiguity rose among companies and firms, the profit rate seemed to be lower due to the Covid-19 global impact, say nearly US$6 trillion in wealth from 24th to 28 February 2020 of the stock market has been wiped out. There was a great decrease in value over the S&P index, which abolished over $5 trillion in the same week. However, the largest ten companies of S&P faced a loss of $1.4 trillion. The investors make an analytical prediction that firms' profits may drop in response to the impact of coronavirus. Our prime focus is on the importance of digital business practices and how different sectors have been affected in terms of economic loss during this pandemic outbreak in this paper.

Towards Reviewing an Immediate Impact of COVID-19 on the Integrative World Economy

The coronavirus (CoV) belongs to Severe Acute Respiratory Syndrome (SARS) species that lead to infection, causing illness, starting from common cold to some serious sickness. Finally, on 11 March 2020, the WHO Director-General Dr. Tedros Adhanom Ghebreyesus announced the outbreak as a pandemic. As the fear and ambiguity rose among companies and firms, the profit rate seemed to be lower due to the Covid-19 global impact, say nearly US$6 trillion in wealth from 24th to 28 February 2020 of the stock market has been wiped out. There was a great decrease in value over the S&P index, which abolished over $5 trillion in the same week. However, the largest ten companies of S&P faced a loss of $1.4 trillion. The investors make an analytical prediction that firms' profits may drop in response to the impact of coronavirus. Our prime focus is on the importance of digital business practices and how different sectors have been affected in terms of economic loss during this pandemic outbreak in this paper.

Towards Reviewing an Immediate Impact of COVID-19 on the Integrative World Economy

The coronavirus (CoV) belongs to Severe Acute Respiratory Syndrome (SARS) species that lead to infection, causing illness, starting from common cold to some serious sickness. Finally, on 11 March 2020, the WHO Director-General Dr. Tedros Adhanom Ghebreyesus announced the outbreak as a pandemic. As the fear and ambiguity rose among companies and firms, the profit rate seemed to be lower due to the Covid-19 global impact, say nearly US$6 trillion in wealth from 24th to 28 February 2020 of the stock market has been wiped out. There was a great decrease in value over the S&P index, which abolished over $5 trillion in the same week. However, the largest ten companies of S&P faced a loss of $1.4 trillion. The investors make an analytical prediction that firms' profits may drop in response to the impact of coronavirus. Our prime focus is on the importance of digital business practices and how different sectors have been affected in terms of economic loss during this pandemic outbreak in this paper.

ANALISIS PENANGANAN DETENI SAAT PANDEMI DI RUANG DETENSI IMIGRASI (STUDI KASUS KANTOR IMIGRASI KELAS I KHUSUS NON TPI JAKARTA SELATAN)

In preventing the Covid-19 pandemic, immigration has a security function which is carried out by selecting the intentions and objectives of foreign nationals to Indonesian territory by examining visa applications, including in handling detainees in the detention room. The problem in this study is whether the arrangements for handling detainees in the detention room of the Class 1 Immigration Office for Non TPI, South Jakarta can be implemented during the covid-19 pandemic. How to optimize the handling of detainees during the covid-19 pandemic in the detention room of the Class 1 Immigration Office for Non TPI, South Jakarta. This research method is empirical normative using primary data and secondary data. The results of the study stated that the arrangements for handling detainees in the detention room of the Class 1 Immigration Office for Non TPI, South Jakarta, could not be fully implemented during the Covid-19 pandemic. This is because until now there is no regulation specifically for the Class I Immigration Office for Non TPI related to the handling of detainees in the detention room, thus causing the absence of standard operating procedures for officers. Optimization of the handling of detainees during a pandemic in the detention room of the Class 1 Immigration Office for Non TPI Special South Jakarta is through the issuance of the Regulation of the Director General of Immigration regarding the handling of detainees during a pandemic in the detention room at the Immigration Office Class 1 Special for Non TPI South Jakarta.

Accountability answers company insurance life based investing against the risk of failure to pay for policyholders

The problem of this research is how to regulate investment-based life insurance in Indonesia and the liability of investment-based life insurance companies against the risk of default by policyholders. This study uses a research method that has an empirical juridical type. The study results explain that the regulation of investment-based life insurance in Indonesia is regulated in Law Number 40 of 2014 concerning Business Per Insurance, OJK Regulation Number 23/POJK.05/2015 concerning Insurance Products and Marketing and Decree of the Chairman of BPPM and Financial Institutions Number KEP-104/ BL/2006 concerning Investment-based life insurance products. PP Number 87 of 2019 concerning insurance companies in the form of joint ventures, RI's Financial Decree Number 422/KMK.06/2003 and Director General of Financial Institutions Decree Number 2475/LK concerning investment insurance products and forms of liability of default insurance companies must fulfill the contents of the agreement insurance that gives rise to the rights and obligations of the insured reciprocally. However, Law Number 40 of 2014 concerning Insurance Business does not fully regulate violations in the insurance business and does not regulate how the insurance company is responsible for the company's inability to fulfill insurance claims.

The future: towards agenda 2063.

This chapter discusses the foreseeable future of agriculture in Africa, which has a major contribution to make in terms of food security, and also in terms of economic, social and environmental development. The changing climate in Africa already calls for the adoption of the best alternative agricultural production strategy that can deliver both productivity and ecosystem services. This chapter also highlights important findings from the book such as the new expertise and experience in Conservation Agriculture (CA) that has been gained, especially during the last decade. Research, training, farmer innovation and the increasing agricultural investments in institution building mean that CA now holds greater promise of serving as a sustainable pillar in the implementation of Agenda 2063. Also included in this chapter is a transcription of the speech of the Director General of the Department of Agriculture, Forestry and Fisheries (DAFF), Mr Mzamo Michael Mlenganaduring during the official opening of the Congress, wherein he called for a greater contribution by CA and the multi-stakeholder CA community of practice towards Agenda 2063.

Desempeño financiero de empresas familiares en Chile.

La participación de una familia en la propiedad de una empresa es factor clave de su desempeño. En este contexto, se comparan las empresas chilenas familiares con las no familiares entre 2013 y 2017. Se identifican 80 empresas, analizando su desempeño financiero bajo los indicadores de rentabilidad: sobre los activos (ROA), sobre el capital (ROE) y sobre el valor de mercado (QTobin). Metodológicamente, se realizó una regresión de efecto fijo a partir de variables explicativas. Se evidenció que la participación de una familia en la propiedad tiene un impacto positivo en su desempeño, especialmente cuando existe mayor participación en el directorio, en cargos de presidente de la compañía y cuando el director general es parte de la familia.

The Standings of Tax Receivables in Bankruptcy Cases : A Study on Managing and Settling Assets

The state's privilege right to tax receivables in bankruptcy cases is regulated differently under various laws and court decisions in Indonesia. In general, tax receivables in bankruptcy have privilege position over other creditors, including secured creditors such as banks, mortgage holders, fiduciary guarantees and finance companies, preferential creditors and concurrent creditors. The creditor’s tax debt to the state should be paid first before any payment to other creditors. However, the Director General of Tax under the Ministry of Finance of the Republic of Indonesia often faces problems in claiming the payment as the Ministry claims for the payment are always rejected by the Court. Each of the existing legal rules and decisions provides different answers to this problem, resulting in legal uncertainties. This research is conducted using the normative juridical approach and supported by the empirical analysis. The data collection is conducted by document studies and supported by court decisions. This research aims to inquire and analyse the position of tax receivables in the distribution of bankruptcy estate of debtors among other creditors, the role of the curators, both state and private curators, in the bankruptcy estate distribution in order to find a legal solution to the aforementioned issue according to the normative legal provisions that apply.

Indonesian Defense Economy in the Industrial Revolution Era 4.0

The defense economy as an economy that has an important role, of course, in its journey faces challenges, especially the low national Research and Development budget of <1% of GDP/Per Capita. Director-General of Research and Development (R&D) Kemenristekdikti Muhammad Dimyati previously said that Indonesia's research growth in the last four years had grown rapidly. Based on 2017 data from the Ministry of Research, Technology and Higher Education, Indonesia's research budget is only 0.25 percent of total GDP, if converted into IDR 30.78 trillion. The second challenge is the entry of the digital era which must be responded wisely and anticipated as the 4.0 industrial revolution in the development of science. The purpose of this study is to describe more about how research & development and the industrial revolution 4.0 are in building a defense economy. In this study, the authors used data analysis techniques with a qualitative descriptive analysis strategy model. The results of the research show that the results of research and development funds are used to innovate to support increased productivity. As a result, the country's production performance has improved and boosted economic growth. The Industrial Revolution 4.0 makes work done by individuals or companies more effective and efficient. With this efficiency and effectiveness, the economy will increase and automatically the defense will also increase. So research & development and industrial revolution 4.0 in practice can build and strengthen the existing defense economy in a country.

Indonesian Defense Economy in the Industrial Revolution Era 4.0

The defense economy as an economy that has an important role, of course, in its journey faces challenges, especially the low national Research and Development budget of &lt;1% of GDP/Per Capita. Director-General of Research and Development (R&amp;D) Kemenristekdikti Muhammad Dimyati previously said that Indonesia's research growth in the last four years had grown rapidly. Based on 2017 data from the Ministry of Research, Technology and Higher Education, Indonesia's research budget is only 0.25 percent of total GDP, if converted into IDR 30.78 trillion. The second challenge is the entry of the digital era which must be responded wisely and anticipated as the 4.0 industrial revolution in the development of science. The purpose of this study is to describe more about how research &amp; development and the industrial revolution 4.0 are in building a defense economy. In this study, the authors used data analysis techniques with a qualitative descriptive analysis strategy model. The results of the research show that the results of research and development funds are used to innovate to support increased productivity. As a result, the country's production performance has improved and boosted economic growth. The Industrial Revolution 4.0 makes work done by individuals or companies more effective and efficient. With this efficiency and effectiveness, the economy will increase and automatically the defense will also increase. So research &amp; development and industrial revolution 4.0 in practice can build and strengthen the existing defense economy in a country.