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Wed, 30 Sep 2015
President Urges to Cut Investment Bureaucracy
President Joko Widodo has urged the ministries and institutions to cut down on time-consuming bureaucratic procedures and facilitate grant of permits, licenses and certificates to make it easier to do business.
Mon, 28 Sep 2015
Foreign Firms Fret at Obstacles in Indonesia
U.S. jeans and clothing maker Levi Strauss & Co. has big ambitions for Indonesia. The nation of 250 million is the company’s fastest-growing market in Asia, and Levi’s wants to invest and expand aggressively.
Mon, 21 Sep 2015
Burnt by Jakarta authorities, Uber moves to legalise itself
HAVING seen cars operated by its drivers seized by Jakarta’s transport authority, ride-sharing startup Uber Technologies Inc is taking steps to legalise its operations in Indonesia, while saying that it has been having difficulty trying to engage with said authority.
Sat, 19 Sep 2015
Government to ease permits required for exports-imports
In following up on the issuance of the government’s economic policy package last week, the Trade Ministry will ease export and import regulations to improve the business climate and ensure national stocks of basic commodities, an official has said.
Fri, 18 Sep 2015
Haze a blight on Indonesia's standing
Indonesia and the region must be prepared, both materially and psychologically, for a possible worsening of the haze situation, given both the persistence of burning practices and the blight of climate change.
Fri, 18 Sep 2015
Indonesia Economic Policy Package Confirms Reliance on Property Sector
On September 9th, President Joko Widodo announced the first of three Indonesia economic policy packages to bolster economic growth amid prolonged economic slowdown and continued depreciation of the rupiah.
Sun, 13 Sep 2015
Jokowi takes his first shot at economic reform
Indonesian President Joko Widodo (Jokowi) has announced a comprehensive package of reforms aimed at reducing inflation and stabilising the exchange rate, stimulating demand through ‘deregulation’ and direct support, with a special focus on creating more jobs in small and medium enterprises...
Sat, 12 Sep 2015
BKPM’s New Regulation: Tax Holiday Must be Processed Within 65 Working Days
Indonesia’s Investment Coordinating Body, or BKPM, has issued a new regulation that clarifies that a request by companies to get a tax holiday must be processed within 65 working days after it is filed.
Sat, 12 Sep 2015
Jakarta planners could look to Singpore
Singapore's experiences in urban planning could offer Indonesia a few lessons in unlocking its own metropolitan potential, according to a new report. The report from Goldman Sachs called for a re-thinking of Indonesia's urban planning policies while making a case for a US$70 billion (S$99 billion)...
Fri, 11 Sep 2015
Uber on the Defensive After Ban From Bandung Streets
San Francisco-based ride-sharing app developer Uber Technologies says that it is "disappointed" by Bandung Mayor Ridwan Kamil's recent decision to ban the service in the city, blaming the company's latest speed bump on misinformation and "lies.
Fri, 11 Sep 2015
Indonesia to survive current global economic slowdown: President
President Joko Widodo said here Thursday that Indonesia would be able to overcome the challenge of the current global economic slowdown. He expressed the conviction because "despite the impact of global economic slowdown political and security situation in Indonesia are conducive.
Thu, 10 Sep 2015
Indonesian Government unveils stimulus to bolster economy currency
Indonesian president Joko Widodo has unveiled a series of stimulus measures to lift slowing growth in South-East Asia's top economy and shore up the country's plunging currency. In a televised address, Mr Widodo was joined by key policymakers to announce a broad range of measures including the...
Thu, 10 Sep 2015
Labor Rules Muddle New Indonesian Investment Push
A new Indonesian push to attract foreign investors was generally welcomed on Thursday, though one particular irritant to them remains: rules aimed at curbing the foreign workforce to protect local jobs.
Wed, 09 Sep 2015
Indonesia to unveil "massive" deregulation as part of stimulus package
Indonesia is set to announce what President Joko Widodo called a "massive" deregulation package on Wednesday, aimed at luring more investment and supporting a currency that has weakened to 17-year lows.
Fri, 04 Sep 2015
Is Indonesia finally getting serious about boosting FDI?
Indonesia's President Joko Widodo is hoping to attract much-needed foreign capital through measures such as a new tax holiday scheme and plans for a "massive deregulation" of key industries. But will they be enough to lure tetchy foreign investors? Late Wednesday, the government promised quick and...
Thu, 03 Sep 2015
Batam is ASEAN's potential industrial zone
In the framework of boosting the countrys economic growth, Batam in Riau Islands Province can become a potential business and industrial zone in Southeast Asia, according to the Batam Management Board (BP Batam).
Wed, 02 Sep 2015
Jokowi orders speedy amendments in existing regulations related to business
President Joko Widodo (Jokowi) has discovered more than 100 regulations that could be considered unfavorable for businesses in Indonesia. These regulations must be addressed within this week, President Jokowi said while chairing a plenary cabinet meeting on Wednesday.