BPM igas was established in 2002 to take over the authority of managing and supervising the upstream oil and gas industry from the state oil company, Pertamina. On November 13, 2012 the Constitutional Court issued Ruling No. 36/PUU-XI/2012, which declared that select articles of Law No. 22/2001 that were the foundation for the creation of BPM igas...
ETIQUETTE: A handshake is usually the first introduction in a business setting and is used as a greeting and farewell. It is recommended to address men as pak (equivalent to Mr) and women as ibu(equivalent to Mrs).
Under the Indonesian Investment Coordinating Board’s (BKPM’s) regional development competition, the province of West Kalimantan was declared the best performing region in 2011. This was after the Bornean contender achieved some impressive GDP growth figures, while also making an important impact on its citizens’ earnings and employment prospects....
The provision of infrastructure is an important issue in the effort to support economic activity in many countries, including Indonesia. In order to drive the wheels of the economy and spur economic growth, adequate infrastructure is an absolute necessity.
In May 2011 the Indonesian government announced its new master plan for the country’s economic development, from an emerging to an advanced economy.
Back in May 2011, the Indonesian government unveiled its new development programme for the 2011-25 period. Known as the Master Plan for Acceleration and Expansion of Indonesia Economic Development 2011-25 (MP3EI), the ambitious scheme aims to boost the nation’s economic growth through the creation of six economic corridors, one of which includes...
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