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The compilation and integration of data for the One Map Policy is nearly complete, however it is missing data from the Defense Ministry as it has not provided it to the Geospatial Information Agency (BIG), an official has said.
Coordinating Economic Minister Darmin Nasution has warned that Indonesia relied very much on foreign capital because of the low savings rate among Indonesians. He considered it to be a factor of a weak fundamental economy.
Coordinating Economic Minister Darmin Nasution has said the government has completed drafting a new presidential regulation (Perpres) on expanding the mandatory use of 20 percent biodiesel blend (B20) fuel and that President Joko “Jokowi” Widodo is expected to sign it soon.
The government still has a long way to go in its plan to expand the use of crude palm oil (CPO) as a transportation and industrial feedstock. So far, research into the use of B20 biodiesel, or fuel with a 20 percent biodiesel content, has produced few results.
The government’s online single submission (OSS) system, which aims to cut red tape surrounding the business licensing process in Indonesia, has piqued the interest of a lot of investors, says Coordinating Economic Minister Darmin Nasution.
Coordinating Economic Minister Darmin Nasution has estimated that inflation will reach 0.20 to 0.25 percent in June, due to controllable prices of staple foods during the Ramadhan fasting month and ahead of the Idul Fitri holiday.
Coordinating Economic Minister Darmin Nasution said under the online single submission (OSS) system, investors do not need to apply for fiscal incentives because the system would automatically verify those who deserved it.
