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The government said it would ease procedures to boost exports, with the aim of bolstering the country’s current account, as the trade deficit was recorded at US$ 8.57 billion in 2018, the largest deficit since 1975. Statistics Indonesia (BPS) recorded that the country had a $11.4 billion trade surplus in 2017. Coordinating Economic Minister Darmin…

The office for the online single submission system (OSS), an integrated government licensing service, was moved to the Investment Coordinating Board (BKPM) on Wednesday from the Office of the Coordinating Economic Minister, where it had been since the OSS was established in July. The office is tasked with running the web-based system to apply for…

The government is in the process of issuing a new regulation on coal miners, which is aimed at strengthening the position of the government. Under the planned regulation, contracts of work (PKP2B) will be replaced by the special mining permit (IUPK).