Integrated licensing Service Moves to BKPM Building

Integrated licensing Service Moves to BKPM Building

The Offices of the Investment Coordinating Board (BKPM) are located on Jl. Gatot Subroto in Jakarta. (kontan.co.id/Achmad Fauzi)The office for the online single submission system (OSS), an integrated government licensing service, was moved to the Investment...
Integrated licensing Service Moves to BKPM Building

Internal Reforms Sought to Boost Investment

The office of the Investment Coordinating Board (BKPM) in Jakarta. (kontan.co.id/Achmad Fauzi) Stakeholders are looking for domestic solutions to securing investments this year after global disruptions led to a weak inflow of foreign investment in 2018. The Investment...
Fintech Companies Raised a Record $39.6 Billion in 2018

Fintech Companies Raised a Record $39.6 Billion in 2018

Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year. According to research by data provider CB Insights.Funding was raised through 1,707 deals, up from 1,480 in...
E-commerce Responsible For Worsening Trade Deficit

E-commerce Responsible For Worsening Trade Deficit

A small shopping cart sits atop a keyboard. (Shutterstock/File)E-commerce is like a double-edged sword for the Indonesian economy. On the one hand, it has contributed significantly to the country’s state revenue, on the other hand, it has contributed to the country’s...