Archive - June 2018
At the of last year, the Indonesian government issued Regulation 91/2017 through which an online single submission (OSS) system for company registration would be launched this year. The system is now up and only needs to be updated; also, personnel is to be hired. One thing is for sure, though: the OSS has raised the interest of foreign investors who want to come to Indonesia.
At the beginning of June, the World Bank released its report on Indonesia’s economy during the first months of this year, a report which brings good news for the country’s economic results. The first quarter of the year was very good for Indonesia with a year-on-year increase of 5.1%.