Business News
Indonesia Looks to Ease Foreign Investment Rules on Startups
Indonesia is looking to ease rules on foreign investment in some of its startups by exempting them from minimum investment requirements, as the country aims to continue spearheading the growth of the digital economy in Southeast Asia. The plan is being floated in a draft presidential regulation as a supplement…
Ease of Licensing the Mainstay In Accordance with the Mandate of the Job Creation Law
The Ministry of Transportation (Kemenhub) through the Directorate General of Land Transportation launched an online Traffic Impact Analysis (Andalalin) Licensing Management named Si Andalan. For people who will take care of Andalalin licensing, they can now access the Si Reli.dephub.go.id website. Minister of Transportation Budi Karya Sumadi said online Andalalin…
Expanded, Hang Nadim Airport is Prepared as a Hub-Logistics Area
Hang Nadim Airport, which is managed by the Batam Concession Agency (BP), has a very strategic value as a gateway for air transportation in the business and trade sectors. This is because the Batam region is a free trade zone (Free Trade Zone). Head of BP Batam Muhammad Rudi said…
To Stimulate the Upstream Industry, SKK Migas Prepares 1,481 Procurement Packages
The Special Task Force for Upstream Oil and Gas Business Activities aka SKK Migas has prepared a number of procurement packages for upstream oil and gas projects this year. There are 1,481 packages prepared with a procurement value of US $ 6,085 billion or around Rp. 85.5 trillion. Acting Head…
