Friday, June 19, 2009
BKPM's 10 Days Policy - Major Step for Investments
Current BKPM Chairman, Muhammad Luthfi introduced the 10 days policy to overcome the slow bureaucracy that is labelled to the Indonesian investment. Under this policy investors are able to obtain their approvals within 10 working days after their applications are complete. This major step should be followed by other Government institutions to form a complete bureaucracy reformation. for further information please contact us at archipelago.consultants@gmail.com
Trade Representative Office - Explore your Market
Indonesia provides a way for investors to explore market opportunities in Indonesia by setting up a Trade Representative Office either under the Department of Trade or the Capital Investment Coordinating Board (BKPM). Please note however, that this Representative Office cannot be applied for financial/banking and securities sector. Since the Representative Office is intended to do market researches/exploration therefore, it is prohibited to carry out commercial activities. After the investors are certain about their market opportunities then start establishing your full-fledge companies! For further information please contact us at archipelago.consultants@gmail.com
Tuesday, May 26, 2009
New Import Restrictions
In 2008 Indonesia introduces new Import restrictions for specific products e.g. electronics, textiles, food and beverages and require the importers of these products to be registered at the Department of Trade. This new policy creates problems in the field from the existing importers and attract attention from the World Trade Organization (WTO) which questioned reason behind implementation of this Policy by Indonesia.
For more information on this issue please e-mail us at archipelago.consultants@gmail.com
For more information on this issue please e-mail us at archipelago.consultants@gmail.com
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