Govt Must Focus on Improving EODB: BKPM

Translator

Editor

Selasa, 9 Juni 2015 18:30 WIB

TEMPO/Dasril Roszandi

TEMPO.CO, Jakarta - According to the World Bank, Indonesia sits on number 114 out of 189 countries in term of ease of doing business, the rank is three spots higher compared to last year. Although improving, Indonesia remains below its neighboring countries, such as Malaysia and the Philippines.


"I hope that the government would focus on improving the ease of doing business," Farah Ratnadewi Indriani, deputy of investment climate development at the Investment Coordinating Board (BKPM), said at her office on Tuesday, June 9, 2015.


Farah expected that cooperation between government institutions could be focused on improving ten ease of doing business (EODB) indicators. According to Farah, Malaysia has employed a special staff who focused on the development of ten EODB indicators that would help the Malaysian Prime Minister to grant business license. Farah hoped that Indonesia would learn from Malaysia in improving its investment climate.


Farah admitted that efforts to improve investment climate in Indonesia would not be easy becuase the country has a much different geographical condition compared to Malaysia.


The BKPM has initiated improvements in several indicators, such as simplifying the procedures by establishing the one-stop integrated service (PTSP) system in January.


URSULA FLORENE SONIA

Related News

Indonesia's North Kalimantan Actively Offering Maritime Investment

3 jam lalu

Indonesia's North Kalimantan Actively Offering Maritime Investment

Indonesia's North Kalimantan provincial government is actively offering investment opportunities to local and foreign investors to invest.

Read More

CIMB Niaga Partners with Principal Indonesia to Launch USD-Denominated Sharia-Based Equity Fund

18 jam lalu

CIMB Niaga Partners with Principal Indonesia to Launch USD-Denominated Sharia-Based Equity Fund

CIMB Niaga in partnership with PT Principal Asset Management or Principal Indonesia launched the Principal Islamic ASEAN Equity Syariah Mutual Fund.

Read More

Amazon to Spend Nearly $9bn to Expand Cloud Infra in Singapore

18 jam lalu

Amazon to Spend Nearly $9bn to Expand Cloud Infra in Singapore

Amazon.com (AMZN.O) plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore,

Read More

Luhut Reveals Updates on Tesla's Investment Plan in Indonesia

1 hari lalu

Luhut Reveals Updates on Tesla's Investment Plan in Indonesia

Indonesian Coordinating Minister Luhut Binsar Pandjaitan disclosed the latest updates on Tesla's investment plans in Indonesia.

Read More

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

4 hari lalu

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

Bahlil will accelerate the facilitation of investment to achieve sugar and bioethanol self-sufficiency

Read More

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

4 hari lalu

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

IKN Authority deputy head claims that investment opportunities in IKN are attracting European attention.

Read More

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

5 hari lalu

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

IKN Authority said it had received three letters of intent (Lol) from three Malaysian private companies.

Read More

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

6 hari lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.

Read More

Microsoft's Promises Behind Jumbo Investments for Indonesia

6 hari lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Read More

Jokowi Discusses Huge Investments in AI with Microsoft CEO

7 hari lalu

Jokowi Discusses Huge Investments in AI with Microsoft CEO

President Jokowi received a working visit from Microsoft CEO Satya Nadella at the Presidential Palace in Jakarta on Tuesday, April 30.

Read More