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Business 5 years ago
PLN to give small businesses free electricity for six months
State-owned electricity firm PLN has announced its intention to supply small-scale businesses and industries on 450-volt ampere (VA) contracts with six months of free electricity as part of the government’s latest expansion of social aid.
Business 5 years ago
Lack of data hinders government’s plan to help ultra-micro enterprises
The government’s plan to provide social assistance for ultra-micro enterprises affected by the COVID-19 pandemic has been hindered by a lack of data, Cooperatives and Small and Medium Enterprises Minister Teten Masduki has said.
Business 5 years ago
Govt to provide interest subsidy for small borrowers as COVID-19 hits hard
The subsidy will be designed for individuals as well as micro, small and medium enterprises (MSMEs) with the financing capped at Rp 500 million (US$32,269), which is the credit limit in the government’s microcredit program (KUR).
