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10 hours ago · Step 5: Open a bank account. Opening a corporate bank account in Indonesia is a straightforward yet vital step when doing business in Indonesia. You will need to present your company’s legal documents, including the NPWP and the approval from BKPM. A local bank account is necessary for conducting business transactions, paying employees, and ...
10 hours ago · In continuance to our earlier article on General Overview of Business Entities in Indonesia (link: Vol. 1), we provide the second volume of the series, with the summary and general overview of non-legal business entities in Indonesia.
10 hours ago · A state-owned enterprise is an entity which is owned by the state and mandated to deliver essential services which will, in turn, contribute to the economy. Any corporate entity which is recognised by national law as an enterprise, wherein government exercises ownership, is regarded as an SOE (OECD, 2015b ).
10 hours ago · JAKARTA - The DKI Jakarta Chamber of Commerce and Industry (Kadin) has prepared the business world so that it can appear global with local strength.
10 hours ago · The change of status is stipulated in Article 2(1) of the law. Nevertheless, Jakarta will remain an important role as Indonesia’s financial capital, the country’s economic, commercial and entertainment nerve center and a global city to support sustainable national development. (un)
10 hours ago · COLOMBO (News1st); The government said the calling of proposals with regard to the restructuring of seven State-Owned Enterprises (SOEs) has been - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
10 hours ago · Dar es Salaam. Seven State-owned enterprises collectively incurred a loss of nearly Sh400 billion in 2022/23, according to the latest report by the Controller and Auditor General (CAG). However, there seems to be light at the end of the tunnel as losses registered by some of the entities went down sharply compared the preceding financial year.