In order to give business development legibility for investment, as well as to give legal certainty  to the business doers, the Government through the Ministry of Finance exempted duty of imported machines, goods, and materials for industrial construction and development for the investment. The provision of the exemption is stated in Finance Minister Regulation (PMK) […]

Along with the launching of the Third Economy Package at the Presidential Office, Jakarta, on Wednesday (7/10), the Chairman of Financial Services Authority (OJK) Muliaman D. Hadad also announced Six Deregulation Policy Package on Finance Service Sector. According to Muliaman, the six Deregulation Policy Package on Finance Service Sector are: 1. related to easing business […]

President Joko Widodo (Jokowi) said that the handling of the smog in Sumatra and other regions is still ongoing. The President said the government will continue to mobilize all capabilities to be able to quickly extinguish forest fires in Indonesia. “After this, we are going to Riau, Jambi, West Sumatra, also to South Sumatra, that […]

Bank Indonesia appreciates the Economic Policy Package has been launched in three stages, namely the Policy Package for Phase I, II, and III. “We greatly appreciate the government’s commitment to continue reforms in structural reform, and we also look at the second policy package that to increase the supply of currency in the spot market […]

Although it was launched three (3) Economic Policy Package, the first of 9 September,  second 29 September, and the third Wednesday (7/10), the government in the near future will still be reissued Economic Policy Package. “Earlier President entrusts to us that there will be a fourth package policy. It later was assigned to the Coordinating […]

In the Third Policy Package announced by Coordinating Minister for Economy Darmin Nasution, at the Presidential Office, Jakarta, Wednesday (7/10), the government is also expanding the scope of the distribution People’s Business Credit (KUR), that interest has been lowered from 22 percent to 12 percent per year. In the Third Policy Package, the families that […]

With consideration to improve the national economy in general, and the increased number of tourist visits in particular, Joko Widodo President on September 18, 2015 and, has signed Presidential Regulation No. 104 Year 2015 on Amendment of Presidential Decree No. 69 Year 2015 on the Visits Visa Free. Through regulation, the government increased the number […]

Governor of Bank Indonesia (BI) Agus Martowardojo straighten out the news about his statement concerning the request of the President Joko Widodo (Jokowi) that the Minister of Energy and Mineral Resources and Pertamina review the price of fuel oil (BBM), which according to Agus much misinterpreted by some media as if he did not support […]

The Government plans to announce the Economic Policy Package Phase III on Thursday (8/10). Cabinet Secretary Pramono Anung explained that the economic package is about the anticipation of the Government not only to make the business world friendlier, but also to protect business, like the previous one that was related to Smallholder Business Credit (KUR). […]

President Joko Widodo appreciated Labor Intensive Investments which are conducted by 16 foreign investment (PMA) companies and domestic investment companies (PMDN). These companies will recruit 121,285 labors in a period of 2015-2019. “From 16 companies, there will be 26,780 labors to be recruited this year and another 47,000 will be recruited in 2016. I only […]