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View all search resultsInvestment Coordinating Board (BKPM) head Thomas Lembong says the government has lost its focus in the effort to improve its ranking in the World Bank’s Ease of Doing Business Index, having slid one spot to 73rdplace from last year.
Investment Coordinating Board (BKPM) head Thomas Lembong stressed that renegotiations for a joint jet fighter development project with South Korea were aimed at easing the burden on the state budget amid uncertainty in the global economy.
Investment Coordinating Board (BKPM) head Thomas Trikasih "Tom" Lembong said the board was now busy with international work to prepare for the takeover of the Online Single Submission (OSS) system, while the external affairs are entrusted to the Trade Ministry.
The chairman of the Investment Coordinating Board (BKPM), Thomas Trikasih Lembong, has said that several investors had informed the board that they would be postponing their investment plans because of the rupiah depreciation.
The government is preparing a regulation on incentive packages for investors of small and medium enterprises (SMEs), as investments of this nature were not covered in the newly introduced policy on tax holidays.
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