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View all search resultsDarminNasution
Business 7 years ago
Businesses see more uncertainty in Batam leadership change
When the government announced late last year its plan to place the Batam Industrial Development Authority (BP Batam) under the Batam administration, businesspeople welcomed it as an effort to cut down on red tape and end the dualism in the island’s leadership.
Business 7 years ago
Nothing to worry about current account deficit: Coordinating Economic Minister
Coordinating Economic Minister Darmin Nasution said on Friday that the current account deficit would reach 3 percent of gross domestic product (GDP) by the end of 2018, but stressed that there was nothing to worry about.
Business 7 years ago
Rice stock sufficient to meet demand until early 2019: Minister
Coordinating Economic Affairs Minister Darmin Nasution has given an assurance that the country’s rice stock of 2.2 million tons is sufficient ahead of the seasonal holidays, the stockpile is enough to meet market demand until early next year.
Business 7 years ago
Batam authority merger to accelerate move: Economy chief
Coordinating Economic Minister Darmin Nasution has said the government’s move to merge the leadership of the Batam Industrial Development Authority (BP Batam) with the Batam city administration was done to de-bottleneck business licensing issuance in the area.
Business 7 years ago
No detail information yet about new authority status: Batam Mayor
The central government has made a change to the status of the Batam Industrial Development Authority (BP Batam) that has sparked speculation about a disbandment of the authority, which Coordinating Economic Minister Darmin Nasution denied.
Business 7 years ago
Govt halts CPO export levy amid declining price
The recent slump in the crude palm oil (CPO) price has prompted the government to temporary remove the export levy charged by the Indonesian Oil Palm Estate Fund (BPDP-KS) for replanting as well as to incentivize the 20 percent blended biodiesel (B20) program
Business 7 years ago
Foreign investors allowed to own 100% shares in 25 business units
The government will allow foreign investors to have full ownership in 25 business units, among the 54 business units that were removed from the Negative Investment List (DNI) stipulated in the 16th economic policy package announced earlier this week.
