Badung Takes Aim at Illegal Nominees
The ongoing debate of borrowing local names (nominees) for land transactions and company setups appears to have taken a more serious turn since the Regent of Badung, Nyoman Giri Prasta, announced on Monday (18/12/23,) during the socialization of Law Number 1 of 2022, that the Badung Regency Government plans to target the practice of nomiees
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Dishub Prepares for Traffic Jams Over the Holidays
According to Antara News, Bali’s Transportation Department (Dishub) is mapping tourist attractions and areas most prone to traffic jams during the Christmas and New Year holidays, and in these areas, they are deploying personnel and opening transportation posts. Head of Dishub’s Road Traffic Division, I Putu Sutaryana, said on Thursday (21/12/23,) that tourist attractions included
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BI: Domestic Demand Supports Economic Growth
Speaking at the Announcement of the Results of the Monthly Board of Governors’ Meeting for December 2023, Governor of Bank Indonesia (BI) Perry Warjiyo said that Indonesia’s economy continues to grow well with support from domestic demand, and economic growth in 2023 is estimated at around 4.5 to 5.3-percent, according to reporting from Antara News.
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Deutsche Bank Increases Investment in Indonesia
NS Banking has published a company press release to announce that Deutsche Bank has announced an increase that doubles its total local capital to IDR 10-trillion (€600-million) for its business in Indonesia. The additional investment will support the bank’s growth in the country and allow it to undertake more activity for clients. This is Deutsche
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Blue Bird Invests in Eco-friendly Transport for IKN
President Jokowi launched the eco-friendly public transportation project in the new capital of Nusantara (IKN), East Kalimantan, on Thursday (21/12/23,) with the support of Blue Bird, the country’s leading transport company, according to reporting from Tempo. “The launch of environmentally friendly transportation will help speed up the development of an electricity-based public transportation system in
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