Govt to strengthen business supervision: official

The government will strengthen business supervision even though the licensing process has been simplified with the enforcement of the Job Creation Law, an official from the Coordinating Ministry for Economic Affairs has said.

“We will strengthen surveillance. So permits are made easier, but supervision is strengthened,” expert staff for economic productivity and competitiveness development at the Coordinating Ministry for Economic Affairs, Lestari Indah, said at a webinar in Jakarta on Friday.

Business supervision will also be better than before the Job Creation Act was implemented, she added. At that time, business actors were regulated by more than one ministry and institution so their supervision was not well-scheduled, she explained.

“Sporadic, unclear, unscheduled surveillance or inspections make business actors afraid and become mental barriers for start-ups. It becomes unattractive for investment because it is monitored a lot,” Indah said.

The government will encourage compliance with the application of standard rules in the future, she added.

The government will also open opportunities for third parties to supervise a business, she informed.

Currently, the government has made the Online Single Submission (OSS), the only portal for business actors to apply for business licenses, she said.

The OSS has now been improved to divide applications for business licenses based on risk, she informed. This is expected to make the OSS adapt to dynamic business risks, she said.

“One of the most important, this RBA (risk-based approach) is dynamic. Risks will always change, but they can be mitigated with technological developments so that we can continue to adapt to technology,” she added.

 

Source: Antara News

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