Lion Air Handed Over CVR to NTSC and National Police - Photo: Special

JAKARTA (TheInsiderStories) — Good Morning! Lion Air Group officially handed over the Cockpit Voice Recorder (CVR) relating to the JT-610 flight to the National Transportation Safety Committee (NTSC) and objects suspected of being body parts to the National Police Disaster Victim Identification (DVI) Team for further processing.

The flight carrier also received a confirmation that it was found in the form of another object suspected to be part of the body. As we know, after searching for months, the Indonesian Navy and National Committee for Transportation Safety founded the Lion Air JT-610‘ CVR which crashed in Ujung Karawang sea, West Java on Oct. 29, 2018 and part of the body.

The team managed to evacuate CVR from the seabed that was hit by mud as deep as 8 meters in a depth of 30 meters. The device was discovered by a team of Indonesia frog command divers and underwater diver service I today at 09.10 a.m local time, the official team reported on Monday (01/14).
Meanwhile, Indonesian government’s plan to impose tax for e-commerce has created a squabble for market players. Indonesia E-Commerce Association (idEa) asked for postponement, due to there was no discussion and communication to industry before the regulation release.
The association has also send a letter to Finance Ministry over the issue. Chairmanf of idEa Ignatius Untung considered that the regulation will impact e-commerce business. But so far, there is no calculation yet over the risks.
Finance Minister Sri Mulyani Indrawati responded the implementation of the policy followed the international community acted and to maintain investment climate. She added that the regulation number 210/PMK.010/2018 about Tax Practice of Trade Transactions through Electronic Systems, also aims to develop and manage Indonesia taxation system.
Furthermore, Financial Services Authority (FSA) plan to determine zero percent down payment for vehicles, received objection from Transportation Minister Budi Karya Sumadi caused has default risk.
At the same time, Indonesian Consumers Foundation also threatened to sue FSA Regulation Number 35 Year 2018 about Financing Company Business Management, if the authority does not revoke the regulation.
The regulation is regarded as inappropriately applied to fossil fuel-based vehicles. Especially, most of Indonesian vehicles use premium-type fuel which very badly impacts the environment. Not only contributes to air pollution, but ease of buying vehicles also generates noise pollution.
From global side, China released its December 2018’s import export data which is worse than expectation, impacted by the trade war with United States. China export decreased by 4.4 percent to US$221.25 billion, compared to the previous year.
Meanwhile, the import slumped by 7.6 percent to $164.19 billion. Amid the lower export and import, China’s trade surplus rose to $57.06 billion.
Yesterday, Indonesian Rupiah closed raising by 0.17 percent to 14,054 compared to US dollar and the Jakarta Composite Index slashed by 0.39 percent to 6,336.11, although there was Rp496.52 billion (US$34.24 million) foreign inflow.
May you have a profitable day!
US$1: Rp14,500
Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia