The governments of Indonesia and Switzerland encourage cooperation between Indonesian jewelry & ornament companies and Swiss watch makers. This commitment was reached during a meeting between Indonesian Industry Minister Airlangga Hartarto and Swiss Head of the Department of Economic Affairs, Education and Research Johann Schneider-Ammann, together with a Swiss watchmaker association delegacy. Watchmakers are in need of the supply of stones and precious metals. Indonesia can deliver these materials.
The Business Columns section of Indonesia Investments provides in-depth columns that exhibit an analysis regarding subjects that are both important for understanding the Indonesian business climate and have high news value in the current state of Indonesia's economy. As a whole these columns should provide the reader a thorough and detailed picture of multiple Indonesian business sectors and be a source of ideas or inspiration to invest - or not to invest - in specific sectors of the Indonesian economy.
Recently, the Ministry of Internal Affairs (Ministry) issued Regulation number 19 of 2017 (New Regulation) regarding the Revocation of Ministry of Interior Affairs Regulation Number 27 Of 2009 and its amendment (Regulation 2009). Regulation 2009 had set guidelines for regional governments to issue regional regulation in relation to the Nuisance Permits (Izin Gangguan). These guidelines have now been revoked, leaving the local governments free to decide on how to regulate the Nuisance Permit within their Region, provided that they remain in compliance with other existing laws and regulations.
A new player in Indonesia's automotive industry - backed by big carmakers from China and the USA - is eager to compete for market share in Indonesia. On Tuesday (11/07) SGMW Motor Indonesia inaugurated its first manufacturing facility in Cikarang (West Java). This local company is a joint venture between (1) SAIC Motor Corporation Ltd, a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai, (2) General Motors Company (GM), a US multinational automotive corporation headquartered in Detroit, and (3) Liuzhou Wuling Automobile Industry Co Ltd, a China-based car manufacturer.
Angkasa Pura I, the state-owned firm that provides airport management services in the central and eastern region of Indonesia, offers foreign and domestic private investors the opportunity to operate and develop several airports (in cooperation with Angkasa Pura I) across Indonesia: the Sultan Aji Muhammad Sulaiman Airport in Sepinggan (Balikpapan, Kalimantan), Lombok Praya Airport on Lombok, and - in the pipeline - Kulon Progo Airport in Yogyakarta (Java).
The views expressed in these business columns are the views of the authors or the interviewed persons only and therefore do not necessarily reflect the views of Indonesia Investments. The authors are free to ventilate their opinions about the Indonesian business climate. Facts presented in these columns are the result of the author's own research or indicated sources, read disclaimer.