Business News
Ministry of Industry: Companies in Industrial Estates Do not Need to Prepare Environmental Permits
Director General of Resilience, Territory and International Industrial Access (KPAII) of the Ministry of Industry, Dody Widodo, said companies in Industrial Estates do not need to prepare environmental permits. This step is contained in Government Regulation Number 24 of 2018 concerning Electronically Integrated Business Licensing Services. "This regulation has implications…
Ministry Proposes Five New Toll Road Projects in Strategic Project List
The Public Works and Housing Ministry has proposed the addition of five new toll road projects in the National Strategic Projects (PSN) list, as it aims to achieve its road development target and cut down Indonesia’s staggeringly high logistics costs. The new toll road projects include the 37.7-kilometer Patimban seaport…
Govt Dispenses Special Tourism Grants to Revive Tourism Industry
The Indonesian government disbursed special tourism grants worth Rp3.3 trillion as a form of assistance for regional governments and business agents to revive the tourism industry, Tourism and Creative Economy Minister Wishnutama Kusubandio stated. "To curtail the impact of the COVID-19 pandemic and maintain continuation of economic activities, particularly in…
Rebooting Indonesia’s Economy in Post-Pandemic World
In every crisis, new opportunities emerge. The global COVID-19 pandemic has had a strong impact on global trade networks and shipping routes with logistics suppliers grappling with disruptions and economic slowdowns. The pre-COVID-19 globalized world has come to a halt. The question facing governments and corporations alike is what comes…
