{"id":174807,"date":"2016-05-18T08:52:16","date_gmt":"2016-05-18T08:52:16","guid":{"rendered":"https:\/\/www.uph.edu\/2016\/05\/18\/dr-hc-mochtar-riady-high-cost-economy-the-obstacle-to-investors-entry-to-indonesia\/"},"modified":"2016-05-18T08:52:16","modified_gmt":"2016-05-18T08:52:16","slug":"dr-hc-mochtar-riady-high-cost-economy-the-obstacle-to-investors-entry-to-indonesia","status":"publish","type":"post","link":"https:\/\/www.uph.edu\/id\/2016\/05\/18\/dr-hc-mochtar-riady-high-cost-economy-the-obstacle-to-investors-entry-to-indonesia\/","title":{"rendered":"Dr. HC Mochtar Riady: ?High Cost Economy, The Obstacle to Investor?s Entry to Indonesia?"},"content":{"rendered":"

Dr. (HC) Mochtar Riady was present as a keynote speaker at the opening of the ‘Dr. Mochtar Riady Legal Fair (DMRLF) 2016’ which took place on Thursday, April 28, 2016, at UPH campus, Lippo Village, Tangerang. <\/p>\n\n\n\n\n\n
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The participants when listening to Dr. (HC) Mochtar Riady as a Keynote Speaker in the Opening of ?Dr. Mochtar Riady Legal Fair 2016?<\/span><\/p>\n<\/p><\/div>\n<\/td>\n<\/tr>\n

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Dr. (HC) Mochtar Riady was present as a keynote speaker at the opening of the ‘Dr. Mochtar Riady Legal Fair (DMRLF) 2016 ‘ which took place on Thursday, April 28, 2016, at UPH campus, Lippo Village, Tangerang. In his speech, Dr. Mochtar conveyed a message related to the economies of Indonesia and that Indonesia should be prepared to compete in the era of Asean Economic Community (AEC).<\/span><\/p>\n

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In his presentation, he delivered the situation of intense competition among ASEAN country members in order to attract investors to their respective countries. One strategy to attract investors which is mostly done by country members of ASEAN is to loosen several investment requirements.<\/span><\/p>\n

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Unfortunately, Dr. Mochtar has a certain view that Indonesia it is still unable to embrace the entry of investors because there are still many individuals who misuse their authorities, causing the existence of additional costs which must be incurred to realize an investment in Indonesia. This resulted in higt-cost economy which actually makes the company or investor unable to suppress the level of efficiency.<\/span><\/p>\n

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“Indonesia experiences a ‘high cost economy’ because it is caused by the presence of parties who monopolize and do not behave properly,” Dr. Mochtar explained.<\/span><\/p>\n

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To that end, Dr. Mochtar asserted that if we want to compete in this AEC, we must overcome the ‘high cost economy’. As an example, he explained that China is heavily focused in infrastructure development to keep pace with economic growth, especially among ASEAN country members.<\/span>
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Dr. (HC) Mochtar Riady<\/span><\/div>\n<\/td>\n
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“But what is important to be acknowledged is that the basis of all of this is the law. In my opinion, people are poor not because they lack money but because they lack idea. Corruption exists not because there is no law, but because there is no moral. So if we are to speak about law, we have to discuss moral as well. Therefore, I hope that in this debate competition, everyone should think about how to build moral. Educated to be an intelligent, it should be complemented with moral. Without morality, we are nothing,? Dr. Mochtar said, ending his speech.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/td>\n<\/tr>\n

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The message from Dr. Mochtar was warmly welcomed by all participants in the opening of DMRLF series consisting of university leaders, Dean and lecturers of UPH Faculty of Law, students, participants of the national level debate competition, as well as representatives of various legal institutions.<\/span><\/p>\n

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‘Dr. Mochtar Riady Legal Fair (DMRLF) 2016’ itself is a biannual event organized by the Student Association of UPH Faculty of Law (HMFH) as an appreciation or tribute to Dr. (H.C.) Mochtar Riady as initiator of the establishment of Universitas Pelita Harapan?s Faculty of Law in 1996.<\/span><\/p>\n

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On the occasion, Prof. Dr. Bintan R. Saragih S.H, Dean of UPH Faculty of Law mentioned his appreciation on Dr. Mochtar thinking and efforts in the birth of UPH Faculty of Law.<\/span><\/p>\n

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“Acknowledging the establishment year, UPH Faculty of Law will be 20 years old this upcoming September, and this DMRLF event serves as an introduction to it. As information for the participants from newly-joined university this year, this is the fourth DMRLF, and it has been held for eight years. For this year, there are 19 teams from 17 universities who join the competition. They are not only from Java island, but also from a variety of other areas. Related to the theme, hopefully these activities will further remind us to constantly prepare in competitions as law practitioners who are able to compete with the law practitioners from other countries in this Southeast Asia,? Prof. Bintan said. (Mt \/ rh).<\/span><\/p>\n<\/td>\n

\"prof._bintan.JPG\" Prof. Dr. Bintan R. Saragih, S.H.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
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Dr. (HC) Mochtar Riady executing Gong Beating as an Official Sign of DMRLF 2016 Series Opening<\/span><\/p>\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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UPH Media Relations<\/div>\n","protected":false},"excerpt":{"rendered":"

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