THE INDONESIAN Ministry of Tourism has required foreign Online Travel Agent (OTA) platforms operating in Indonesia to fulfill business licensing requirements, including obtaining a Business Identification Number (NIB)...
Business
ERINDONESIA, SOUTH KOREA BUILD SMART CITY CENTER IN NUSANTARA CAPITAL
INDONESIA and South Korea are cooperating to develop a Smart City Cooperation Center (SCCC) in Nusantara, Indonesia’s future capital in East Kalimantan. According to Head of the Nusantara Capital Authority (OIKN)...
INDONESIAN HERBAL PRODUCTS SECURE IDR2.5 BILLION BUSINESS DEAL
THE MINISTRY of Trade announced that Indonesian herbal products have secured a business deal for their first shipment to Saudi Arabia, worth IDR2.5 billion. The business agreement was formalized in the signing of a...
PRESIDENT PRABOWO URGES HIMBARA TO LOWER MSME LOAN INTEREST RATES
PRESIDENT Prabowo Subianto has asked the top brass of Himbara, which includes Bank Mandiri, BNI, BTN, BRI, and BSI, to ensure that loan interest rates for micro, small, and medium enterprises (MSMEs) are lower than...
GOVERNMENT UTILIZES FORMER HOTEL SULTAN ASSETS FOR PUBLIC WELFARE
DEPUTY Minister of State Secretary, Bambang Eko Suhariyanto, stated that the government is preparing to utilize the former Hotel Sultan assets for the greatest prosperity and welfare of the people. “These assets...
