This document analyzes the feasibility of investing in a Kanepackage business in Indonesia. It provides an overview of the Indonesian economy and business environment, outlining considerations such as the types of companies that can be formed, minimum capital requirements, taxes, and costs of operating a business. The document recommends developing a business model that takes into account factors like location, costs, supply and demand based on the feasibility study. Some elements require further examination as estimates may differ from exact costs or current conditions. Overall, the study evaluates both financial and non-financial factors to determine the potential success of investing in Indonesia.
Coffee as a product in Malaysian market Ankana Gupta
This document provides an analysis of the coffee market in Malaysia. It begins with background information on Malaysia, including demographics, culture, religion, and economy. It then discusses Malaysian business culture, including communication styles, etiquette, and Hofstede's cultural dimensions. Power distance is high in Malaysian culture, and there is a collective rather than individualistic society. The document also summarizes Malaysia's political system and important natural resources like palm oil.
Thailand is a constitutional monarchy headed by King Rama X. The economy relies heavily on international trade, with key exports including vehicles, electronics, and rubber. The population is diverse and predominantly Buddhist. Traditional Thai culture is expressed through dances, martial arts like Muay Thai, and cuisine such as tom yum soup. The government promotes science and technology research to support economic growth while addressing environmental challenges like pollution and climate change impacts.
The document provides 10 key insights about the Asia Pacific region for global business executives. It summarizes that the Asia Pacific region is incredibly diverse with no common culture, language, or consistent business practices. Executives should not assume anything is consistent across the region and need to understand each market individually. Some of the insights include the large distances and travel times required, the long histories and cultural diversity, and rising consumerism in some areas coupled with internal political tensions. The region also lacks a common definition, though it generally includes East Asia, South Asia, Southeast Asia, and Oceania.
Bangkok is the capital and largest city of Thailand, with over 8 million residents. It has a tropical climate with hot and rainy seasons. The cost of living is reasonably low compared to other Asian cities and the UK. Rent for a one-bedroom apartment ranges from £400-600 per month. Healthcare is available but international hospitals are recommended. Bangkok has many attractions for expats including shopping malls, markets, nightlife and excellent food.
The traditional Lao economy was based on agriculture, trade, and handicrafts. Today, a majority of Lao people still engage in subsistence agriculture. Industry is limited and the government relies on foreign aid. The economy has grown since opening to foreign investment in the late 1980s, but remains dependent on agriculture, timber, and tourism. Poverty and unemployment remain challenges.
AN OVERVIEW OF LARGE-SCALE INVESTMENTS IN THE MEKONG REGIO (2016)MaxCho
This document provides an overview of large-scale investments in the Mekong region. It discusses how the governments of Cambodia, Laos, Myanmar and Vietnam are actively pursuing foreign direct investment and changing policies and regulations to attract investors. Large investments are occurring in many sectors such as agriculture, manufacturing, mining and hydropower. However, these investments often negatively impact local communities by displacing them from their land or failing to protect workers' rights.
This document provides an overview of investment opportunities in Turkey. It discusses Turkey's location and climate, population and political divisions, legal system, and economic environment. Key points include:
- Turkey is located at the crossroads of Europe and Asia and has a diverse landscape and climate.
- It has a population of over 72 million people and a young and growing workforce. The government is a parliamentary democracy.
- The legal system was influenced by European codes and protects foreign investors' rights.
- Turkey has a large, growing economy and aims to join the EU. It has liberalized international trade and privatized state enterprises. Major industries include manufacturing, services, and tourism.
- The document outlines
Coffee as a product in Malaysian market Ankana Gupta
This document provides an analysis of the coffee market in Malaysia. It begins with background information on Malaysia, including demographics, culture, religion, and economy. It then discusses Malaysian business culture, including communication styles, etiquette, and Hofstede's cultural dimensions. Power distance is high in Malaysian culture, and there is a collective rather than individualistic society. The document also summarizes Malaysia's political system and important natural resources like palm oil.
Thailand is a constitutional monarchy headed by King Rama X. The economy relies heavily on international trade, with key exports including vehicles, electronics, and rubber. The population is diverse and predominantly Buddhist. Traditional Thai culture is expressed through dances, martial arts like Muay Thai, and cuisine such as tom yum soup. The government promotes science and technology research to support economic growth while addressing environmental challenges like pollution and climate change impacts.
The document provides 10 key insights about the Asia Pacific region for global business executives. It summarizes that the Asia Pacific region is incredibly diverse with no common culture, language, or consistent business practices. Executives should not assume anything is consistent across the region and need to understand each market individually. Some of the insights include the large distances and travel times required, the long histories and cultural diversity, and rising consumerism in some areas coupled with internal political tensions. The region also lacks a common definition, though it generally includes East Asia, South Asia, Southeast Asia, and Oceania.
Bangkok is the capital and largest city of Thailand, with over 8 million residents. It has a tropical climate with hot and rainy seasons. The cost of living is reasonably low compared to other Asian cities and the UK. Rent for a one-bedroom apartment ranges from £400-600 per month. Healthcare is available but international hospitals are recommended. Bangkok has many attractions for expats including shopping malls, markets, nightlife and excellent food.
The traditional Lao economy was based on agriculture, trade, and handicrafts. Today, a majority of Lao people still engage in subsistence agriculture. Industry is limited and the government relies on foreign aid. The economy has grown since opening to foreign investment in the late 1980s, but remains dependent on agriculture, timber, and tourism. Poverty and unemployment remain challenges.
AN OVERVIEW OF LARGE-SCALE INVESTMENTS IN THE MEKONG REGIO (2016)MaxCho
This document provides an overview of large-scale investments in the Mekong region. It discusses how the governments of Cambodia, Laos, Myanmar and Vietnam are actively pursuing foreign direct investment and changing policies and regulations to attract investors. Large investments are occurring in many sectors such as agriculture, manufacturing, mining and hydropower. However, these investments often negatively impact local communities by displacing them from their land or failing to protect workers' rights.
This document provides an overview of investment opportunities in Turkey. It discusses Turkey's location and climate, population and political divisions, legal system, and economic environment. Key points include:
- Turkey is located at the crossroads of Europe and Asia and has a diverse landscape and climate.
- It has a population of over 72 million people and a young and growing workforce. The government is a parliamentary democracy.
- The legal system was influenced by European codes and protects foreign investors' rights.
- Turkey has a large, growing economy and aims to join the EU. It has liberalized international trade and privatized state enterprises. Major industries include manufacturing, services, and tourism.
- The document outlines
Sri Lanka is an island country located in the Indian Ocean with a population of over 20 million people. The main traditional industries are tea, rubber, coconuts, and spices, though the economy has shifted to include textiles, apparel, and financial services. Some challenges to Sri Lanka's development include maintaining economic growth rates, reducing the trade deficit, and increasing infrastructure development and exports. The government is working to support research and development, attract foreign investment, and grow the tourism industry to further develop the economy.
This document discusses Indonesia's experience with the 1997 Asian Financial Crisis and the current global financial crisis. [1] Indonesia was severely impacted by the 1997 crisis, with its GDP dropping by 13.5% and inflation reaching 77%. [2] However, Indonesia recovered well and saw strong economic growth and stock market performance in the early 2000s. [3] The global financial crisis has again impacted Indonesia through declining commodity prices and trade, but the government has implemented stimulus measures and monetary policy to reduce inflation and support domestic demand.
Paper on Emerging Economies by Abhishek PandeAbhishek Pande
1. The document discusses financial reforms in emerging Asian economies. It analyzes policies around fiscal consolidation, sustainable growth, and increased economic cooperation within Asia.
2. Key points include the importance of resolving policy uncertainty in advanced economies to support Asian growth, deeper fiscal and financial integration in Europe, and opportunities for greater trade and financial integration within Asia.
3. The paper recommends setting up financial oversight agencies in emerging Asian nations to coordinate regulation and support sustainable development goals in the region.
The US Federal Reserve raised interest rates in December 2015 for the first time in nearly a decade. This rate hike is expected to have significant impacts on emerging economies. Emerging economies had benefited from large capital inflows as investors sought higher yields, but now rates are rising in the US. The higher US rates will strengthen the dollar and make dollar-denominated debt more expensive to pay back, potentially causing volatility in emerging market currencies and stock markets. The Federal Reserve decided to raise rates as unemployment has fallen to 5% and inflation is near the Fed's 2% target, indicating the US economy has recovered sufficiently from the financial crisis.
Peru has experienced strong economic growth driven by mining investments and exports. It is expected to see record mining investments of $14 billion in 2014, up from $10 billion in 2013, funded by large projects expanding copper, gold, and iron ore production. While lower commodity prices may impact growth, Peru's economy remains resilient due to reforms and capital inflows. With over $50 billion in planned mining projects through 2020, Peru is positioning itself as the dominant mining economy in Latin America.
Foreign capital flows depends on the prevailing monetary forces as supported by capital flows
theory and the mechanism linking these two variables is that contraction of net domestic assets through an
open market sale of bonds will place upward pressure on domestic interest rates. Higher interest rates attract
foreign funds, generating a capital inflow which relieves the pressure on domestic interest rates. Has this
actually happened? It is against this backdrop that the present study investigated the impact of monetary policy
on international capital inflows in Nigeria for a period of 22 years (1994-2015) using time series data. The
autoregressive distributed lag technique revealed that the short-run and long-run significant determinants of
foreign capital inflows are largely from broad money supply, nominal exchange rate, inflation rate and interest
rates spread except inflation rate that is insignificant in the long-run. This outcome upholds theoretical
prediction. Long-run equilibrium relationship was found between the dependent variable and the regressors.
Further examination of the short run dynamics of the model showed that the speed of adjustment coefficients
ECM (-1) to restore equilibrium have a negative sign and statistically significant at 1% level, ensuring that
long-run equilibrium can be attained and about 89% of the short-run deviation from the equilibrium (long-run)
position is corrected annually to maintain the equilibrium. Since the empirical evidence revealed that monetary
aggregates such as broad money supply, nominal exchange rate, inflation rate and interest rates spread
influence foreign capital inflows, it is therefore recommended that government should continue to pursue
expansionary monetary policy and foreign exchange policies that would ensure competitiveness of the
economy in order to attract the much needed foreign capital inflows that would engender economic growth.
The document provides an analysis of the Indonesian market for Carbon, an Indiana-based company that produces waffle mixes. It finds that Bali and Jakarta are prime target locations due to their large tourism industries and number of 4-5 star hotels catering to foreign visitors. The analysis recommends partnering with freight and distribution companies to transport Carbon's premium waffle mixes to hotels in these areas, with an initial focus on Bali. It estimates annual sales potential of $3 million in Bali and $1.3 million in Jakarta if the product is successfully introduced.
Singapore is an island country located in Southeast Asia between Malaysia and Indonesia. It has a population of over 4.6 million people and became an independent republic in 1965. Singapore has a highly developed market economy based around its port and is consistently ranked as one of the top trading hubs and financial centers in the world. The country has a diverse population with the main ethnic groups being Chinese, Malay, and Indian. English is the primary language of business and government.
The Business Tycoons’ is one of the top business world magazines which comprises of giving sector reviews . Along with this, there are sector blogs to give a brief insight into the various sectors of the business world. It also features inspiring success stories of established Businessmen , as well as young entrepreneurs making huge waves in the business world and women entrepreneurs breaking the glass ceiling with their astounding success. It is the best digital business magazine for advertising new entrepreneurs and their out-of-the-box business ideas.
The document summarizes key information about attracting foreign direct investment to Indonesia's tourism industry. It provides details on Indonesia's diverse tourism attractions and cultural aspects. It also outlines the government's foreign investment policies and incentives to attract more capital, as well as some risks and recommendations to further develop the tourism sector.
ASEAN Please like and share it as possible!! want some more ppts contact me @ puskarkandel2012@gmail.com for relevant purposes. BBA students specially :) please comment in the box for suggestions and feedbacks..
Our company wants to expand its dairy business to Singapore. It will target Singapore's affluent consumer market, focusing on dairy products like milk powder, cheese, yogurt and ice cream. To enter the Singapore market, the company will directly export products, form strategic alliances with local distributors, and use promotional strategies like advertising and consumer sales promotions to raise brand awareness.
South-East Asia and Pacific Regional Fisheries Summit Digital BrochureThe Economist Events
The South-East Asia and Pacific Regional Fisheries Summit, part of The Economist Events’ World Ocean Initiative, will bring together government, industry, the financial sector and scientists for a broad discussion on fisheries reform across South-East Asia and the adjacent Pacific. Working groups will be encouraged to report their progress at the World Ocean Summit in Bali in February 2017.
This document discusses factors affecting Nepal's economic development. It identifies both economic factors such as natural resources, infrastructure, agriculture and industry development, monetary and fiscal policy, as well as non-economic factors including human resources, public administration, entrepreneurship, technology, geographical conditions, and social values and attitudes. Some key constraints to Nepal's development mentioned are underutilization of natural resources, low capital formation and savings rates, a small domestic market, inadequate infrastructure, lack of industrial and agricultural modernization, and weaknesses in education and vocational training systems. Overall the document analyzes how a variety of interconnected economic and non-economic factors influence a country's development process.
This document provides an overview of setting up a business in Indonesia. It discusses Indonesia's geography, political institutions, economy, and key business entities under Indonesian law. The main business structures available for foreign investors are representative offices, limited liability companies (PTs), and foreign direct investment through a PMA company. It also covers important considerations like employment laws, the banking and finance system, and insolvency regulations. The document aims to help foreign businesses understand Indonesia's legal framework for investment and establishing operations.
This document provides an overview of investment opportunities in Indonesia's fisheries sector. It notes that Indonesia is currently the world's largest fisheries producer and source of seaweed. The document outlines key market opportunities in tuna, shrimp, crab, and seaweed production. It also describes Indonesia's existing capabilities and government provisions to support investments in aquaculture, seaweed processing, and shipbuilding/cold storage facilities. Overall, the fisheries sector contributes approximately 7% to Indonesia's economy and there remains significant potential for growth to meet rising global demand for seafood and meet government targets.
Indonesia is located in Southeast Asia between countries like Thailand, Philippines, Papua New Guinea, and Australia. It has a hot, humid climate around 80 degrees Fahrenheit. One of the natural wonders found in Indonesia is the Rafflesia Arnoldii flower, which is the largest flower on Earth. While the Indonesian constitution protects religious freedom, some restrictions exist on certain religious activities and unrecognized religions. Traditional arts in Indonesia include wayang puppet shows that are used for both entertainment and religious purposes. While international fast food chains are present, traditional Indonesian food consists of fresh vegetables and spicy dishes. About 7.7% of the population lives on less than $1 per day and 55.3% lives on less
This document provides an overview of Mongolia including its flag, national emblem, geography, climate, natural resources, agriculture sector, livestock numbers, and the role of the National Agricultural Extension Center.
The National Agricultural Extension Center was established in 1996 to provide technical and business advice to agricultural producers. It conducts trainings, disseminates information, and acts as a liaison between researchers and producers to transfer new technologies. The Center aims to strengthen the agricultural extension network across Mongolia's 21 provinces and 166 districts.
Mongolia has a semi-arid continental climate with low precipitation. Its economy relies heavily on agriculture and livestock production, which employs around 40% of the workforce. Livestock numbers have increased in
Tripura is a state in Northeast India with four districts. Agartala is the capital and largest city. The main rivers are the Gomati, Manu, Khowai, Feni, Doloi, Muhuri and Haora. Tripura is bounded by Bangladesh to the north, west, south and southeast, and shares borders with Assam and Mizoram. Bengali and Kokborok are the official languages. The document provides an introduction to Tripura's geography, demographics, economy, agriculture and investment climate.
This document provides an overview of Indonesia's fishery industry and its relationship with India. It discusses Indonesia's demography, economy, and key economic sectors. The fishery industry plays an important role in Indonesia's economy, providing millions of jobs and contributing to rural development. Indonesia has a large fishing industry but still has potential for increased fish production. The document also examines India's position in fisheries and outlines opportunities for growing trade between the two countries in the fishery sector, such as Indonesia exporting tuna to meet demand in India. It concludes that as Indonesia has access to different fish species than India, there is potential for India to import more seafood varieties from Indonesia.
Sri Lanka is an island country located in the Indian Ocean with a population of over 20 million people. The main traditional industries are tea, rubber, coconuts, and spices, though the economy has shifted to include textiles, apparel, and financial services. Some challenges to Sri Lanka's development include maintaining economic growth rates, reducing the trade deficit, and increasing infrastructure development and exports. The government is working to support research and development, attract foreign investment, and grow the tourism industry to further develop the economy.
This document discusses Indonesia's experience with the 1997 Asian Financial Crisis and the current global financial crisis. [1] Indonesia was severely impacted by the 1997 crisis, with its GDP dropping by 13.5% and inflation reaching 77%. [2] However, Indonesia recovered well and saw strong economic growth and stock market performance in the early 2000s. [3] The global financial crisis has again impacted Indonesia through declining commodity prices and trade, but the government has implemented stimulus measures and monetary policy to reduce inflation and support domestic demand.
Paper on Emerging Economies by Abhishek PandeAbhishek Pande
1. The document discusses financial reforms in emerging Asian economies. It analyzes policies around fiscal consolidation, sustainable growth, and increased economic cooperation within Asia.
2. Key points include the importance of resolving policy uncertainty in advanced economies to support Asian growth, deeper fiscal and financial integration in Europe, and opportunities for greater trade and financial integration within Asia.
3. The paper recommends setting up financial oversight agencies in emerging Asian nations to coordinate regulation and support sustainable development goals in the region.
The US Federal Reserve raised interest rates in December 2015 for the first time in nearly a decade. This rate hike is expected to have significant impacts on emerging economies. Emerging economies had benefited from large capital inflows as investors sought higher yields, but now rates are rising in the US. The higher US rates will strengthen the dollar and make dollar-denominated debt more expensive to pay back, potentially causing volatility in emerging market currencies and stock markets. The Federal Reserve decided to raise rates as unemployment has fallen to 5% and inflation is near the Fed's 2% target, indicating the US economy has recovered sufficiently from the financial crisis.
Peru has experienced strong economic growth driven by mining investments and exports. It is expected to see record mining investments of $14 billion in 2014, up from $10 billion in 2013, funded by large projects expanding copper, gold, and iron ore production. While lower commodity prices may impact growth, Peru's economy remains resilient due to reforms and capital inflows. With over $50 billion in planned mining projects through 2020, Peru is positioning itself as the dominant mining economy in Latin America.
Foreign capital flows depends on the prevailing monetary forces as supported by capital flows
theory and the mechanism linking these two variables is that contraction of net domestic assets through an
open market sale of bonds will place upward pressure on domestic interest rates. Higher interest rates attract
foreign funds, generating a capital inflow which relieves the pressure on domestic interest rates. Has this
actually happened? It is against this backdrop that the present study investigated the impact of monetary policy
on international capital inflows in Nigeria for a period of 22 years (1994-2015) using time series data. The
autoregressive distributed lag technique revealed that the short-run and long-run significant determinants of
foreign capital inflows are largely from broad money supply, nominal exchange rate, inflation rate and interest
rates spread except inflation rate that is insignificant in the long-run. This outcome upholds theoretical
prediction. Long-run equilibrium relationship was found between the dependent variable and the regressors.
Further examination of the short run dynamics of the model showed that the speed of adjustment coefficients
ECM (-1) to restore equilibrium have a negative sign and statistically significant at 1% level, ensuring that
long-run equilibrium can be attained and about 89% of the short-run deviation from the equilibrium (long-run)
position is corrected annually to maintain the equilibrium. Since the empirical evidence revealed that monetary
aggregates such as broad money supply, nominal exchange rate, inflation rate and interest rates spread
influence foreign capital inflows, it is therefore recommended that government should continue to pursue
expansionary monetary policy and foreign exchange policies that would ensure competitiveness of the
economy in order to attract the much needed foreign capital inflows that would engender economic growth.
The document provides an analysis of the Indonesian market for Carbon, an Indiana-based company that produces waffle mixes. It finds that Bali and Jakarta are prime target locations due to their large tourism industries and number of 4-5 star hotels catering to foreign visitors. The analysis recommends partnering with freight and distribution companies to transport Carbon's premium waffle mixes to hotels in these areas, with an initial focus on Bali. It estimates annual sales potential of $3 million in Bali and $1.3 million in Jakarta if the product is successfully introduced.
Singapore is an island country located in Southeast Asia between Malaysia and Indonesia. It has a population of over 4.6 million people and became an independent republic in 1965. Singapore has a highly developed market economy based around its port and is consistently ranked as one of the top trading hubs and financial centers in the world. The country has a diverse population with the main ethnic groups being Chinese, Malay, and Indian. English is the primary language of business and government.
The Business Tycoons’ is one of the top business world magazines which comprises of giving sector reviews . Along with this, there are sector blogs to give a brief insight into the various sectors of the business world. It also features inspiring success stories of established Businessmen , as well as young entrepreneurs making huge waves in the business world and women entrepreneurs breaking the glass ceiling with their astounding success. It is the best digital business magazine for advertising new entrepreneurs and their out-of-the-box business ideas.
The document summarizes key information about attracting foreign direct investment to Indonesia's tourism industry. It provides details on Indonesia's diverse tourism attractions and cultural aspects. It also outlines the government's foreign investment policies and incentives to attract more capital, as well as some risks and recommendations to further develop the tourism sector.
ASEAN Please like and share it as possible!! want some more ppts contact me @ puskarkandel2012@gmail.com for relevant purposes. BBA students specially :) please comment in the box for suggestions and feedbacks..
Our company wants to expand its dairy business to Singapore. It will target Singapore's affluent consumer market, focusing on dairy products like milk powder, cheese, yogurt and ice cream. To enter the Singapore market, the company will directly export products, form strategic alliances with local distributors, and use promotional strategies like advertising and consumer sales promotions to raise brand awareness.
South-East Asia and Pacific Regional Fisheries Summit Digital BrochureThe Economist Events
The South-East Asia and Pacific Regional Fisheries Summit, part of The Economist Events’ World Ocean Initiative, will bring together government, industry, the financial sector and scientists for a broad discussion on fisheries reform across South-East Asia and the adjacent Pacific. Working groups will be encouraged to report their progress at the World Ocean Summit in Bali in February 2017.
This document discusses factors affecting Nepal's economic development. It identifies both economic factors such as natural resources, infrastructure, agriculture and industry development, monetary and fiscal policy, as well as non-economic factors including human resources, public administration, entrepreneurship, technology, geographical conditions, and social values and attitudes. Some key constraints to Nepal's development mentioned are underutilization of natural resources, low capital formation and savings rates, a small domestic market, inadequate infrastructure, lack of industrial and agricultural modernization, and weaknesses in education and vocational training systems. Overall the document analyzes how a variety of interconnected economic and non-economic factors influence a country's development process.
This document provides an overview of setting up a business in Indonesia. It discusses Indonesia's geography, political institutions, economy, and key business entities under Indonesian law. The main business structures available for foreign investors are representative offices, limited liability companies (PTs), and foreign direct investment through a PMA company. It also covers important considerations like employment laws, the banking and finance system, and insolvency regulations. The document aims to help foreign businesses understand Indonesia's legal framework for investment and establishing operations.
This document provides an overview of investment opportunities in Indonesia's fisheries sector. It notes that Indonesia is currently the world's largest fisheries producer and source of seaweed. The document outlines key market opportunities in tuna, shrimp, crab, and seaweed production. It also describes Indonesia's existing capabilities and government provisions to support investments in aquaculture, seaweed processing, and shipbuilding/cold storage facilities. Overall, the fisheries sector contributes approximately 7% to Indonesia's economy and there remains significant potential for growth to meet rising global demand for seafood and meet government targets.
Indonesia is located in Southeast Asia between countries like Thailand, Philippines, Papua New Guinea, and Australia. It has a hot, humid climate around 80 degrees Fahrenheit. One of the natural wonders found in Indonesia is the Rafflesia Arnoldii flower, which is the largest flower on Earth. While the Indonesian constitution protects religious freedom, some restrictions exist on certain religious activities and unrecognized religions. Traditional arts in Indonesia include wayang puppet shows that are used for both entertainment and religious purposes. While international fast food chains are present, traditional Indonesian food consists of fresh vegetables and spicy dishes. About 7.7% of the population lives on less than $1 per day and 55.3% lives on less
This document provides an overview of Mongolia including its flag, national emblem, geography, climate, natural resources, agriculture sector, livestock numbers, and the role of the National Agricultural Extension Center.
The National Agricultural Extension Center was established in 1996 to provide technical and business advice to agricultural producers. It conducts trainings, disseminates information, and acts as a liaison between researchers and producers to transfer new technologies. The Center aims to strengthen the agricultural extension network across Mongolia's 21 provinces and 166 districts.
Mongolia has a semi-arid continental climate with low precipitation. Its economy relies heavily on agriculture and livestock production, which employs around 40% of the workforce. Livestock numbers have increased in
Tripura is a state in Northeast India with four districts. Agartala is the capital and largest city. The main rivers are the Gomati, Manu, Khowai, Feni, Doloi, Muhuri and Haora. Tripura is bounded by Bangladesh to the north, west, south and southeast, and shares borders with Assam and Mizoram. Bengali and Kokborok are the official languages. The document provides an introduction to Tripura's geography, demographics, economy, agriculture and investment climate.
This document provides an overview of Indonesia's fishery industry and its relationship with India. It discusses Indonesia's demography, economy, and key economic sectors. The fishery industry plays an important role in Indonesia's economy, providing millions of jobs and contributing to rural development. Indonesia has a large fishing industry but still has potential for increased fish production. The document also examines India's position in fisheries and outlines opportunities for growing trade between the two countries in the fishery sector, such as Indonesia exporting tuna to meet demand in India. It concludes that as Indonesia has access to different fish species than India, there is potential for India to import more seafood varieties from Indonesia.
Indonesia is an archipelago country located in Southeast Asia and Oceania, consisting of over 17,000 islands. It has a population of over 251 million people, making it the fourth most populous country. The economy focuses on infrastructure development, healthcare, education, and innovation, with key industries being palm oil, textiles, electronics, and rubber products. Indonesia has experienced steady economic growth of around 6% annually and a rapidly expanding middle class.
Here are the key causes of poverty in the Philippines based on the document:
1. Lack of education - This includes lack of school facilities, poorly prepared teachers, and lack of educational resources.
2. Unemployment - The unemployment rate in January 2013 was 7.1% according to NSO survey data. Nearly half of the unemployed were aged 15-24.
3. Overpopulation - The population growth rate in the Philippines is 1.873% per year, which puts pressure on resources.
4. Environmental problems like overfishing, pollution, and deforestation.
5. Changing economy - Shift away from agriculture/fisheries to services has impacted some communities.
International business in asia workshop - lecture 2Mohd Faizol Musa
Indonesia has the largest economy in Southeast Asia and a population of over 248 million people. It has a diverse culture with over 300 ethnic groups and 700 languages, though Bahasa Indonesia is the official language. The economy has grown steadily in recent years with GDP growth around 5-6% annually. Key opportunities for foreign investment and trade include infrastructure, consumer goods, agriculture, automotive, and ICT, as Indonesia's large and growing middle class increases domestic consumption. While corruption and strained political relations sometimes challenge foreign businesses, Indonesia overall remains an attractive emerging market.
Sri Lanka is an island country located off the southern coast of India with a population of around 20 million people. The majority of Sri Lankans are Buddhist, while there are also significant populations of Hindus, Muslims, and Christians. Sri Lanka has a literacy rate of 92% and the economy has grown in recent years, though it still faces challenges from political violence and the effects of the 2004 tsunami.
1. The document discusses tourism as a potential frontier for Nepal's experience economy. It argues that tourism could be a more feasible sector for Nepal to develop compared to industry or manufacturing, given its natural advantages and gifts in tourism.
2. It reviews the evolution of the experience economy concept and how tourism is a dominant frontier within the experience economy. Principles of appreciative inquiry, participatory planning and action, and sustainable tourism development are discussed as important approaches.
3. Tourism is described as offering memorable experiences and defying traditional commodity exchanges. Models are presented for how adventure tourism could spatially and economically integrate remote areas in Nepal into the global tourism economy.
This document provides a summary of GAIL (India) Limited, including its vision, mission, objectives, and key business areas. It discusses GAIL's natural gas marketing and transmission activities through its extensive pipeline network. It also summarizes GAIL's involvement in other businesses like petrochemicals, liquefied natural gas, city gas distribution, power generation, and exploration and production. The document reviews GAIL's approach and methodology for analyzing its existing marketing practices and strategies. It provides an overview of GAIL's customers, contracts, and competition in the Indian natural gas market.
JDR, a 22-year-old male college student, was referred for psychological evaluation due to obsessive behaviors around cleanliness and orderliness. Testing confirmed he has above average intelligence and obsessive compulsive disorder. Specifically, he experiences severe distress when things are not clean, organized or properly aligned. His rituals interfere with daily activities and social relationships. It is believed his OCD developed from trauma experienced from his strict father. Treatment involving exposure response prevention therapy is recommended to help reduce his compulsions and anxiety.
This document provides an overview and analysis of how emergencies impact federal systems of government based on a study of various constitutions. It begins with an introduction to federalism and discusses how war powers expand during times of emergency. It then analyzes the impact of external emergencies on federal structures in the US, India, and other countries. In India, the constitution allows for a proclamation of emergency that temporarily centralizes power in the union government and erodes state powers. The document aims to compare how different constitutions balance federalism during emergencies.
This document is the summary of a court case regarding a petition filed by Jose A. Angara seeking a writ of prohibition to prevent the Electoral Commission from considering a protest filed against his election as a member of the National Assembly. The key details are:
1) Jose A. Angara and Pedro Ynsua were candidates for the position and Angara was proclaimed the winner.
2) On December 3rd, the National Assembly passed a resolution confirming the elections of representatives where no protests were filed.
3) On December 8th, Pedro Ynsua filed a protest against Angara's election, which was the only protest filed after the resolution.
4) Angara argued the protest was
This document is a summary of a court case regarding a land registration dispute between Flordeliza and Honorio Valisno (petitioners) and Vicencio Cayaba (private respondent). The petitioners opposed Cayaba's application to register title to the land in question. The lower court dismissed the opposition based on res judicata, citing a previous court decision in favor of Cayaba. The petitioners appealed, arguing the lower court erred in several ways. The key issues discussed are whether res judicata can be invoked in a land registration case, and whether the elements of res judicata are met based on the previous court decision.
1) In the case of PT&T vs. Grace de Guzman, the Supreme Court ruled that PT&T's policy of not hiring married women was invalid and discriminatory, and that Grace's dismissal based on this policy was illegal.
2) In Estrada vs. Escritor, the Supreme Court ruled that Escritor could not be penalized for living with her partner without marriage, as her religious beliefs as a Jehovah's Witness allowed such arrangements.
3) In Balogbog vs. CA, the Supreme Court upheld the legitimacy of private respondents as the children of Gavino, even though there was no marriage certificate, as testimonial evidence proved Gav
How to Manage Reception Report in Odoo 17Celine George
A business may deal with both sales and purchases occasionally. They buy things from vendors and then sell them to their customers. Such dealings can be confusing at times. Because multiple clients may inquire about the same product at the same time, after purchasing those products, customers must be assigned to them. Odoo has a tool called Reception Report that can be used to complete this assignment. By enabling this, a reception report comes automatically after confirming a receipt, from which we can assign products to orders.
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.pptHenry Hollis
The History of NZ 1870-1900.
Making of a Nation.
From the NZ Wars to Liberals,
Richard Seddon, George Grey,
Social Laboratory, New Zealand,
Confiscations, Kotahitanga, Kingitanga, Parliament, Suffrage, Repudiation, Economic Change, Agriculture, Gold Mining, Timber, Flax, Sheep, Dairying,
How to Setup Default Value for a Field in Odoo 17Celine George
In Odoo, we can set a default value for a field during the creation of a record for a model. We have many methods in odoo for setting a default value to the field.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
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𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
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𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
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60169700 study-on-indonesia-2011
1. STUDY ON THE FEASIBILITY
OF A KANEPACKAGE
INVESTMENT IN INDONESIA
Dennis R. Tapay
March 2011
2. Table of Contents
Executive Summary
General Information
The Indonesian Economy
Feasibility Components
Marketing
Methods of Incorporation
Business Structure
Minimum Capital Requirement
Normal Length of setting up a Company
Employment
Tax, Taxpayers and Taxable Income
Accounting Rules and Regulations
Type of Company and Requirement for Directors and Officers
Environmental
Human resources
Land price, Office Rents
Car Rental Cost and Toll fee’s
Utilities, Power, Water, Communications and Internet
Apartments and Accommodation
Business Models
Available Business Models
Recommended Business Model
References
3. Executive Summary
In all our feasibility studies we give high priority to a thorough analysis of the market and the
development of a provisional marketing and sales strategy. Local circumstances, business
environment, consumer culture and product appreciation are as vital as the volume of the
market, pricing, margins and mark-ups and analysis of the competition. For Kanepackage,
this study is a pre-requisite for a more intensive detailing of the feasibility of a business
investment in Indonesia, that this study is geared, primarily, on scanning for possible points of
market, supply chain and the possibility of success.
There are some areas stated in this document that required first-hand experience, some,
through interviews, while some, through the documents referred to by authorized government
agencies and/or experienced business entities in Indonesia
This document is divided into four major sections:
(1) General Information, which introduces Indonesia, in general, and the selected locations of
study, in particular;
(2) The Indonesian Economy, which covers a birds’ eye view of the current economic
indications of the country, in general, and the selected locations of study, in particular;
(3) Feasibility Components, that ranges from the cost of operating to cost of living, with
particular limitations on the selected locations of study, the amount of
persons/agencies/companies interviewed and the documents referred to; and
(4) Business Model, that aims to present ideas for business in Indonesia in a way that costs,
location, supply, demand, ease of doing business, among others, are taken into
consideration.
Some of the elements presented in this document may require further examination, as there
is a qualified difference between a general estimation and exact quotation, or between a
current and a past estimation. However, this study on the feasibility of a business investment
measures not only the tangible financial qualification, but also the intangible benefit of future
success, if at all, feasible.
4. Introduction
The country is rich in natural resources. While 90% of the population is engaged in agriculture, oil and gas
contribute 70% of total export earnings and 60% of the government revenues. However, fluctuations in world
prices of traditional export commodities have led to a change in recent years in the structure of the economy.
Tourism is gaining a more important sector as a foreign exchange earner.
To production and growth in the industry, the government has formulated new policies and improved facilities.
Significant progress has been made in communications and transportation and since 1976, Indonesia has had
its own communications satellite system which has enabled rapid expansion of telephone, television and
broadcast facilities to all 27 provinces.
Air and sea ports are being extended to cater to the growing traffic on both domestic and international sectors,
of passengers as well as freight. Besides oil and liquefied natural gas (LNG), forestry products, rubber, coffee,
tea, tin, nickel, coper, palm products and fish make important contributions to export earnings.
In recent years a number of steps have been taken to promote and stimulate non-oil exports which include
handicrafts, textiles, precious metals, tea, tobacco, cement, fertilizers as well as manufactured goods.
EENI -The Global Business School
5. General Information – INDONESIA
Indonesia is a nation of islands. According to the country's Naval Hydro-Oceanographic Office, it
contains some 17,508 islands, although only about 6,000 are inhabited. In fact, the country's island
identity is part of its name. "Indonesia" has its roots in two Greek words: Indos meaning "Indian" and
Nesos which means "islands."
Across the country, the land is generally covered by thick tropical rain forests, where fertile soil is
continuously replenished by volcanic eruptions like those on the island of Java . But Indonesia is also
mountainous, with some 400 volcanoes, of which 100 are still active.
Climate
Tropical climate with Dry season (Jun-Sep) and Rainy season (Dec-Mar). Indonesia 's monsoon-type
climate changes approximately every six months, although, in recent years, global warming has
somewhat disrupted weather patterns. The dry season for the west part of Indonesia is from May to
October and the wet season is from November to April. The dry and wet seasons in eastern Indonesia
are the opposite.
Due to the large number of islands and mountains in the country, temperatures vary. Along the coastal
plains, the average is 28°C (82°F); for inland and mountain areas, it is 26°C (79°F); and, in the higher
mountain areas, the average is around 23°C (73°F). Like other tropical countries, Indonesia has a high
average relative humidity, usually between 73 and 87 percent.
Language
There are more than 700 languages and dialects spoken in the archipelago. They normally belong to the
different ethnic groups of the population. Some of the distinctly different local languages are:
Acehnese, Batak, Sundanese, Javanese, Sasak, Tetum of Timor, Dayak, Minahasa, Toraja, Buginese,
Halmahera, Ambonese, Ceramese, and several Irianese languages. To make the picture even more
colorful, these languages are also spoken in different dialects.
Bahasa Indonesia is the national language. It is similar to Malay and written in Roman script based on
European orthography. English is the most prevalent foreign language. Also, some Dutch is still spoken
and understood in the bigger cities and French increasing in its popularity at the better hotels and
restaurants.
Government Policy
Under President Susilo Bambang Yudhoyono, the Government of Indonesia has adopted a
"Pro-growth, pro-poor, pro-employment" economy policy. The plan involves a number of
specific initiatives, including a vigorous "100-Day Agenda," reforming the country's regulatory
framework, attracting continued foreign investment, tackling corruption, and removing artificial
6. economic distortions like the recently rescinded oil subsidy.
Currency
The official currency of Indonesia is Rupiah (Rp). The currency in the country is issued and
controlled by the Bank of Indonesia. The ISO 4217 currency code for the currency of the
nation is IDR and the symbol on all the bank notes and coins of Indonesia is Rp.
Religion
Islam (88.6%), Protestant (5.8%), Catholic (3.1%), Hindu (1.7%), Buddhism (0.6%), Confucianism
(0.1%), Others (0.1%) (Statistics from Central Bureau of Statistics, Indonesia)
Culture
Indonesia's active history has encouraged the growth of many unique cultures. On Java, the Javanese of
Central and East Java are known for having several layers of formality in their language. In Javanese,
to speak to a boss and then to a child is like speaking two different languages. The Toraja of Sulawesi
are famous for their elaborate funeral ceremonies. Often several days long, these ceremonies bring the
whole village together in a feast, a procession, and a hillside burial. And the Minangkabau of Sumatra
still maintain a matrilineal society. Everything from houses to animals is inherited from mother to
daughter.
General Information – JAKARTA
Jakarta is located on the northwest coast of Java, at the mouth of the Ciliwung River on Jakarta Bay, which is an
inlet of the Java Sea. Officially, the area of the Jakarta Special District is 662 km2
of land area and 6,977 km2
of
sea area. Jakarta lies in a low, flat basin, averaging 7 metres. (23 ft) above sea level;40% of Jakarta, particularly
the northern areas, is below sea level, while the southern parts are comparatively hilly. Rivers flow from the
Puncak highlands to the south of the city, across the city northwards towards the Java Sea; the most important is
the Ciliwung River, which divides the city into the western and eastern principalities. Other rivers include the
Pesanggrahan, and Sunter.
7. Area & Location: Lies on the northwest coast of the island of Java, Jakarta is located at
6.1333° Latitude North and 106.75° Longitude East. The city, which covers a total area
of 661.52 sq. km, has a population of 8,792,000 making it the ninth densest city in the
world.
Climate : Jakarta has a hot and humid tropical wet and dry climate (Aw) according to the Köppen
climate classification system. Despite being located relatively close to the equator, the city has
distinct wet and dry seasons. Wet seasons in Jakarta cover the majority of the year, running from
November through June. The remaining four months forms the city’s dry season. Located in the
western-part of Indonesia, Jakarta's wet season rainfall peak is January with average monthly
rainfall of 385 millimetres (15.2 in), and its dry season low point is July with a monthly average
of 31 millimetres (1.2 in).
ECONOMY: Jakarta's economy depends heavily on financial service, trade, and
manufacturing. Industry includes electronics, automotive, chemicals, mechanical engineering
and biomedical sciences manufacturing. In 2009, 13% of the population had an income per
capita in excess of US$ 10,000 (Rp 108,000,000).
Transportation : Jakarta is strained by transportation problems. The city still suffers
a lack of urban public transport services due to the prioritized development of
road networks, which mostly accommodate private vehicles. Most trips, however,
are undertaken by non-motorized transportation (particularly walking) and
numerous modes of public or demand-responsive transportation services.
Bright orange and noisy ... easily describes a bajaj. These traditional transportation vehicles became
popular in India where they were developed with Vespa and later imported to and built in Indonesia.
Similar vehicles are known as rickshaw in Africa, Tuk-Tuk in Thailand and MotoTaxi in Peru. With an
estimated 20,000 bajaj in Jakarta.
Air: Soekarno-Hatta International Airport (CGK) is the main airport serving the greater
Jakarta area. The airport is named after the first President of Indonesia, Soekarno, and the
first vice-president, Mohammad Hatta. The airport is often called Cengkareng by Indonesians.
The airport's IATA code, CGK, originates from the name of the Cengkareng locality, a district
situated to the northwest of the city. It is Indonesia's busiest airport handling nearly 40 million
8. passengers annually. A second airport, Halim Perdanakusuma International Airport (HLP)
serves mostly private and VIP/presidential flights. Other airports in the Jabotabek
metropolitan area include Pondok Cabe Airport and an airfield on Pulau Panjang, part of the
Thousand Island archipelago.
Sea : Jakarta's main seaport Tanjung Priok serves many ferry connections to different parts
of Indonesia.
Major Industries : It is the country's administrative, commercial, industrial, and transportation
center, with food-processing plants, ironworks, automobile-assembly plants, textile
mills, chemical factories, tanneries, sawmills, electronics plants, and printing
establishments.
GDP per Capita: $3,800
Major Exports: Textile, Apparel, Fuels, Electrical Appliances, Pulp, Paper & Plywood
Major Foreign Exchange Counters: American Express & Standard Chartered
Major Industrial Areas: Cilandak, Pulogadung, Jababeka & Cakung-Cilincing
Major Business Hubs: Jakarta Stock Exchange, Bidakara Convention Centre, Jakarta
International Exhibition Center, Balai Sidang Jakarta Convention Center, Kartika Expo Center,
Jakarta World Trade Center, Semanggi Flyover, Jenderal Sudirman & MH Thamrin Streets,
Jenderal Gatot Subroto, Letjen S. Parman Streets & Kuningan Complex
The Indonesian Economy
The Economy of Indonesia is the largest economy in Southeast Asia, is one of the emerging
market economies of the world, and also the member of G-20 major economies. It has a
market economy in which the government plays a significant role by owning more than 164
state-owned enterprises and administers prices on several basic goods, including fuel, rice,
and electricity. In the aftermath of the financial and economic crisis that began in mid-1997,
the government took custody of a significant portion of private sector assets through
acquisition of nonperforming bank loans and corporate assets through the debt restructuring
process. Since 2004, the national economy has recovered and undergone another period of
rapid economic growth.
There are different factors affecting the Indonesian economy recently. These are, but not
limited to:
・ Political instability
・ The rising cost of labor
・ The general inefficiency of public administration
・ The judicial costs of doing business in the country
・ The uncertainty in rules, responsibilities, and resources of the sub-national governments
9. caused by decentralization
Indonesia Economic Structure: Major Sectors
The major economic sectors of Indonesia are as follows:
Primary Sector: While being the biggest employment sector of the country, agriculture
includes three types of farming. These include smallholder farming, irrigated rice terraces and
smallholder cash cropping. Some of the major produce of Indonesia includes rice, tea, coffee,
cocoa, spices, rubber, copra, peanuts, eggs, pork, poultry and palm oil. Some crops are
cultivated mainly due to the even distribution of rainfall and consistent monsoon climate in
Indonesia. The country is the fourth largest producer of rice and coffee in the world. It
exported 271,000 tons of coffee in 2007.
Secondary Sector : The manufacturing sector of Indonesia contributes 27.9% to the country’s
GDP. The industrial production rate in the country stood at 2% as of 2009.
Tertiary Sector : With 38.5% contribution to the country’s GDP, the services sector remains a
Pillar of Indonesia’s economy. The value of the country’s banking system stood at $220-billion
As of 2008. The growing IT services sector was impacted to some extent by the global
economic downturn in the late 2000s. However, there are expectations of about 15%
compound annual growth rate (CAGR) during the period of 2010-2014, The country’s
hospitality industry is a big booster of the economy. According to the Tourism and Culture
Ministry, there were 493,799 tourist visits in September 2009 alone, despite the recession.
IMPORTS-EXPORTS:
Foreign Trade Indicators 2005 2006 2007 2008 2009
Imports of Goods (million USD) 75,533 80,346 92,777 126,950 91,749
Exports of Goods (million USD) 86,996 103,527 118,013 139,606 119,481
Imports of Services (million USD) 21,836 21,175 24,075 27,994 27,626
Exports of Services (million USD) 12,571 11,093 12,074 14,731 13,242
Source: WTO - World Trade Organization
Major Exports: Animal & vegetables oils , Electrical Appliances , Plywood, Textiles, Rubber ,
Foodstuffs & live animals, Beverages & tobacco, Raw materials, inedible , Minerals fuels,
lubricants & related materials, Chemicals.
Major Imports : Machinery & Equipment, Chemicals, Fuels, Foodstuffs & live animals,
Beverages & tobacco, Raw materials, inedible, Minerals fuels, lubricants & related
Materials, Animal & vegetable oils & fats.
10. Feasibility Components
1) Marketing
Customers in Cikarang Bekasi (Jakarta Province)
Biggest Targets : PT Indonesia Epson Industry
PT Toshiba Consumer Prod. Ind.
PT Shindengen Indonesia
PT Panasonic Shikoku Electronics
East Jakarta Industrial Park (EJIP)
(Japanese Manufacturing )
- PT Fuji Presisi-Tool Indonesia
- PT Japan AE Power Systems
- PT Katolec Indonesia
- PT Kyowa Indonesia
- PT Muramoto Eletronika Indonesia
- PT Omron MFG of Indonesia
- PT Sansyu Electronics Indonesia
- PT Sanyo Indonesia
- PT SMEP Pacific
- PT SMT Indonesia
- PT Space Indonesia
- PT Standard Indonesia Industry
- PT Sumitronics Indonesia
- PT Tsukasa Manufacturing of Indonesia
- PT Yamani Spring Indonesia
MM2100 Industrial Town
- PT Enomoto Srikandi
- PT Asahi Best Base Indonesia
- PT Denso Indonesia
- PT M.A.S. Indonesia
- PT NOK Indonesia
- PT Yutaka Manufacturing Indonesia
- PT Progress Toyo (Indonesia)
- PT Higashifuji Indonesia
- PT Shimei Electric Indonesia
- PT Bando Electronics
- PT Astra Honda Motor
- PT Yutaka Manufacturing Indonesia
- PT Yamaha Music Manufacturing Asia
- PT Asmo Indonesia
- PT J.S.T. Indonesia
11. - PT Yamaha Indonesia Motor Manufacturing
- PT Shinsei Denshi Indonesia
Suppliers in Jakarta
• Global Print (Printing Company/Percentakan) – Offset Printing and packaging
• Otani Paper Kertas Fax – Offset Printing
• Percentakan Murah – Packaging and Offset Printing
• Pura Packaging – Packaging
• Bukit Agung Printing & Packaging – Offset and Packaging
• PT. Guru Indonesia – Offset Printing , Styrofoam and Packaging
• Hari Suya Mandiri Printing – Offset Printing and Packaging
• Balicitra Inti, PT – Offset Printing and Packaging
• Tigamutiara Grafikapratama, PT – Offset Printing, Laminating and Packaging
• Tiki Kencana Sakti, PT – Offset Printing and Packaging
• Delta Utama Boxindo, PT – Packaging , Corrugated carton boxes
• Pancasari, PT (Jakarta Branch) – Corrugated boxes , paper and board , packaging and
printing
• PT D&D Packaging Indonesia – Packaging
• PT Crestec Indonesia – Offset and Packaging
• PT Oriental Asahi JP Carton Box – Manufacturing of High Quality Corrugated carton
boxes
2) Incorporation method
The Investment Coordinating Board (BKPM), the government body which processes and
handles FDI companies, issued an important deregulation package on PMA
(Penanaman Modal Asing) in May 1994 referred to as PP-20/1994. It was seen as a very
significant step toward a much more conducive and attractive investment environment in
Indonesia. The regulation:
1. Allows 100% FDI investment in selected areas of business
2. Limits foreign direct investment to 95%, with a minimum of 5% ownership by an Indonesian
3. Allows FDI investment with certain conditions
4. Stipulates the sectors which are closed to FDI investment
5. Registration of company address with local council (domicile)
6. IRD registration (NPWP + PKP)
7. Registration with the Department of Industry and Trade (TDP)
Manufacturing and other sector
Foreign direct investment in the manufacturing, industrial or non-financial services sector is
licensed by BKPM. The Investment Coordinating Board (BKPM) is responsible for promoting
foreign and domestic investment and approving most project proposals in Indonesia.
Investment in the areas of banking, insurance, general mining, oil and natural exploration,
production and related activities are licensed by other regulatory bodies.
12. 3) Business Structure
A. Companies
(Limited Liability Company or Perusahaan Terbatas (“PT”) - Limited Liability under Indonesian
Law is a legal person with a fixed capital divided into shares and with the liability of each shareholder
limited to the extent of the par value of the shares held.
A.1. GOVERNING DOCUMENTS
A.2. DIRECTORS
A.3. AUDIT REQUIREMENTS AND PRACTICES
A.4. SHAREHOLDINGS BY NON-RESIDENTS
A.5. FORMING A COMPANY
BKPM is an investment service agency of the Indonesian Government created with the purpose to
effectively implement the enactment of law on foreign as well as domestic investment. At the time,
BKPM, chaired by Head of BKPM, is a non-departmental government agency serving under and
directly responsible to the President of the Republic of Indonesia. An approval in investment stage
can be categorized in two main types: approval for domestic investment and approval for foreign
investment. Below is the flow chart of approval in investment stage.
B. Foreign Companies and Branches
The investment law requires that a foreign owned enterprise operating wholly or mostly in Indonesia
as a separate business unit must be organized under Indonesian law and domiciled in Indonesia.
Branches are not normally permitted, except for foreign banks and oil and gas companies.
B1.Starting a Business in Indonesia – It requires 9 procedures, takes 47 days , and costs
22.34% GNI per capita to start a business in Indonesia ( 593.99 total costs in USD).
B2.The steps to building a warehouse in Indonesia – It requires 14 days procedures, takes
160 days, and costs 173.27 % GNI per capita to build a warehouse in Indonesia
13. (USD4,686.73 total costs).
C. Partnerships
There is a collection of recognized legal entities for setting up a business in Indonesia :
a. Persekutuan Perdata (PP)
b. Firma (Fa)
c. Persekutuan Komanditer ( Commanditaire Vennootschap – CV )
D. Types of business organizations in Indonesia
Perseroan Terbatas (PT)
Limited Liability Companies (PT) can include, and are classified as private and public companies.
They are governed by the 1996 Corporation Law. PTs are managed by a Board of Directors. Non-
Indonesian citizens may not be directors or foreign investment commissioners in a PT.
Representative Offices
Foreign representative offices are typically formed to facilitate transactions between local and foreign
buyers and suppliers. A Representative Office facilitates making such transactions easier but a
Representative Office cannot perform operating activities characterized by a PT.
Joint Ventures
Foreign direct investment companies may be in the form of Joint Ventures between foreign and
domestic capital owned by Indonesian citizens or organizations, or through straight investment.
Badan Usaha Milik Negara (BUMN) These are companies owned by the government.
Perusahaan Dagang (PD) These entities are known as private trading companies, most of which are
sole proprietorships.
Limited Liability Partnerships (CV) This legal designation only applies to the silent partners in a
given partnership.
Firma These are unlimited liability partnerships, more commonly known as disclosed partnerships.
General Rule
Approval/Clearances Required for New Projects
• Representative Office from Ministry of Industry & Trade - for bilateral trade
• Representative Office from Ministry of Public Work - for consultant or
contractor
• Representative Office from Ministry of Mining - for mining activities
• Representative Office from Ministry of Finance - for banking
• Representative Office from Investment Board (BKPM) - regional
representative
To establish a Representative Office with permission from the Ministry of Industry and Trade,
the company's head office needs to issue three letters:
Letter of Intent - stating the intention of the company to establish a
representative office
14. Letter of Appointment - stating the appointment of the chief representative
Letter of Statement - stating that the Chief Representative will follow
Indonesian regulations.
4) Requirement of minimum capital
BKPM has not set a minimum amount of total investment, capital or equity necessary for a foreign
investment project to be approved. BKPM will consider the likely capital requirements for investments
in the business sector applied for in determining whether a proposed investment is adequately
capitalized. Generally, investments in the service sectors are approved at much lower levels of
investment than investments in manufacturing or other industries with high equipment needs.
5) Normal length of setting up a company
Between 2 to 4 months upon completion of application documents at the Ministry of
Commerce, depending on the complexity of manufacturing process and environmental
compliance.
6) Employment
Minimum number of employees
The ideal number is 10, so that protection from law is at maximum. Less than 10 can
be approved, depending on the presented business plan to the FDI Approval Board
via Automatic Route.
Average wages and salary (basic)
Operations:
Legal minimum wage : USD121.5 (RP 1,118,009/month)
1. Unskilled – RP 1,045,000 (USD 113.53),-up to RP 1,110,000 (USD 120.58) per month
2. Skilled – RP 1,200,650 (USD 130.43),-up to RP 1,947,000 (USD211.52 ) per month
3. Clerical Staff– RP 1,200,650 (USD 130.43),-up to RP 1,947,000 (USD 211.52 ) per month
4. Supervisor – RP 1,947,000 (USD211.52),-up to RP4,543,000(USD 493.53) per month
5. Senior English – RP1,947,000 (USD211.52),-up to RP3,894,000(USD 423.03) per month
Speaking Secretary
6. Senior – RP 7,788,000 (USD846.06),-up to RP20,768,000(USD 2,256) per month
Manager
7. Production – RP 11,682,000 (USD1269),-up to RP15,576,000(USD 1,692) per month
Manager
Probationary period and regular employment
Probation period is normally three (3) months. Contractual period may be three (3) to
six (6) months, depending on the nature of work.
Regularization is automatic after the release of evaluation and the end of the
probation period. Everything should be done in paper, because every employee is a
member of the trade union automatically.
15. Labor Mandates
Trade Unions – necessary (at the start of the company’s operations)
Working hours – 8 hours per day (maximum of 40 hrs per week)
Overtime – limited to 50 hours per quarter
Overtime Pay – twice the regular pay
Paid Leaves – National Holidays, Festival Holidays, Annual Leave
Provident Fund – employer’s contribution is 12% of salary
Gratuity Pay – equivalent to 15 days for every year of service
Effective Salary Amount
Since there are a number of mandatory benefits that are needed to be given to the
employees, the actual and effective salary is around 20%-22% more of the basic
salary stated above. In comparison, the Philippines has around 22%-23% effective
salary rate, while Vietnam has between 15%-17%, depending on the industry
standard.
7) Tax, Taxpayers and Taxable income
General Tax
Income tax : The financial year for the purpose of income tax is from 1st
April to 31st
March each year. Any shortfall of tax should be settled by the 25th day of the
third month following the end of the book year. Overpayments of tax may be recovered, but only after
a tax audit has been completed.The monthly tax period is similar as monthly calendar. The monthly
tax is due on the 10th
day of the following month of the monthly tax period for most types of taxes, and
on the 15th of the following month of the monthly tax period for Value Added Tax. While monthly tax
returns must be filed by the 20th of month following the monthly tax period.
Taxpayers
The tax law defines a tax subject to include:
a. an individual
b. an undivided estate as a unit
c. a corporation, including a limited liability corporation, a limited partnership, other forms of limited
liability entity, a state-owned or regional enterprise in whatever name and form, a partnership, an
association, a firm ,a cooperative, a foundation or similar organization, an institution, a pension
fund and other forms of business entity
d. a permanent establishment is any establishment that is regularly used to carry on
business in Indonesia by an organization not set up or domiciled in Indonesia.
Taxable income
Taxable income is calculated after allowable deductions. For individuals there are income tax
exclusions which are set at relatively low income levels. Individuals are broadly liable to income tax
on cash income. Benefits in kind provided by employers to employees are not taxable to individuals
but are non-deductible against corporate taxable income. Employers are required to withhold income
tax from employees and deposit each month with the State Treasury.
On the average, VAT for consumer products, services and other necessities range
from 1% to 12.5%. There are other goods and services, however, which are taxed
from 20% to 33%.
16. Importation Tax
Since different states have different tax code, we used the average import tax on:
Paper (rolls, boards, etc.) – 24%
Plastics (olefins, polymers, styrene) – 25.5%
8) Accounting rules and regulation
The overall standard used in recording is International Standard.
Definitive Indian Standards are as follow:
Income tax : The financial year for the purpose of income tax is from 1st
April to 31st
March each year.
Sales tax : Both Central Sales Tax Registration number as well as the Local Sales
Tax Registration number must be obtained.
Profession tax : Such payments are one-time payments to be made on or before
a specified date. An application must be made to obtain the Profession Tax
Registration Number.
9) Type of Company and Requirement for a director and number of officers
General Rule
Minimum of two (2) directors
Both foreigners as directors is legal.
Registration to Foreign Regional Registration Office (for stay more than 6 months)
Joint-Venture Company
• A Deed of Partnership in writing paper must be made that clearly specifies the
name of the partnership firm, the names of the partners, the capital to be
contributed by each partner, the profit or loss sharing ratio between partners, the
duties, rights, powers and obligations of each partner and other relevant details.
• The maximum number of partners which are permissible in the company is 20.
• A partnership firm must be registered with the Registrar of Firms.
Corporation
• A private limited company can be formed with a minimum of 2 members.
• A private limited company can have a maximum of 50 members excluding
employee-members.
• A Memorandum of Association and Articles of Association have to be filed with
the Registrar of Companies in order to incorporate a company.
• Members can become directors; outsiders can be appointed as directors.
• The funding may be provided by the investor-members and the management
may be in the hands of the promoter-members.
10) Environmental
17. Environmental Laws
Act Regarding Waste Management 2008
Environmental Management, Law Concerning (Law No.23,1997)
Law No. 41/1999 on Forestry
11) Human Resources
• Worker’s Social Security Program
JAMSOSTEK (JAMINAN SOSIAL TENAGAKERJA) / Indonesian Worker Social Security
Employee’s Social Security means the protection for the employee in the form of cash benefits,
for partial replacement of the loss or the reduction of income and services, as a results of
circumstances suffered by the employee due to employment accident , sickness, maternity,
childbirth , old age and death.
Jamsostek (Worker’s Social Security Program) have 4 programs besides member prosperity
improvement fund, are:
a. Employment Accident Insurance – assurance must be paid ranging from 0.24% - 1.74%.
(Refer to Government Regulation, Peraturan Pemerintah (PP) no 64 years 2005.
Employment Accident Benefit :
• The cost of transportation :
*Land (RP400,000) USD 43.45
*Sea (RP750,000) USD 81.47
* Air (RP 1,500,000) USD 162.95
• The cost of medical examination, treatment and/or hospital car max of RP 12,000,000
(USD1303.63)
• The cost of rehabilitation, max of RP 2,000,000 (USD217.27)
• Cash allowance consist of :
*Temporary disability allowance
* Permanent-partial disability allowance
* Permanent total disability allowance
* Disability allowance
(Refer to Government Regulation, Peraturan Pemerintah (PP) No.76 year 2007
b. Death Insurance - The employee who died not as a result of employment accident ,
his/her family is entitled the death benefits. The company must pay death for worker 0.3%
and payment maximum RP 12,000,000 (USD1303.63) – consisting of RP10,000,000
(USD1086.36),- death endowment and RP12,000,000 (USD1303.63)-funeral expenses and
regular endowment.
c. Retirement Insurance – amount payable for the program is mentioned in the following :
• Paid by company
• Paid by worker
Withholding Tax – retirement benefits is payable in lump-sum, or periodical, or partly
lump-sum and periodical, to the employee in cases of:
• Attaining the age of 55 years old
• Total and permanent disability establishment by medical doctor
18. • Able to pay after 5 years of membership and 1(one) grace period.
d. Health Care Insurance – company is required to provide every worker with health
insurance by marital status :
• Single employees : 3% from wage (maximum RP 1,000,000 (USD108.6) )
• Married employees : 6% from wage (maximum RP 1,000,000 (USD108.6) )
The employees, the spouse ,and three children are entitled to the health care benefits.
The Health Care Benefits include :
• Outpatient primary care
• Outpatient specialist care
• Inpatient hospital care
• Maternity and delivery care
• Diagnostic support
• Special care
• Emergency care
12) Land price, office rents, etc.
Store / Showroom rent in the city center – the monthly per sq.meter is between USD60.8
(RP560,000) to USD71.7 (660,000).
Facility : Grand Indonesia , maintenance fee included, tax not included
13) Car Rental cost and Toll fees
Car Rental (with driver and fuel not included)
Per Day (8 hours) – USD 39.55 (plus USD 3.8 / 1 hour overtime )
Per Month – from USD 988.75 to USD 1186.5 (depending on the car)
Toll Fee (minimum-average)
Truck – USD 3 to USD 5
Car – USD 1 to USD 3
Transport Companies
Continental Duta International, PT.- Grand Pluit Mall Blok B-6, Jl.Raya Pluit Selatan No.1
Jakarta 14440, Indonesia
SBA Transport PT-Gading Kirana Timur Blk A10 No. 25 Kelapa Gading, Jakarta Indonesia
PT.Alantik Multitrans Utama - 6th Floor, Plaza Summarecon, JLN. Perintis
Kemerdekaan, NO. 42 ,Jakarta 13210 Indonesia
Gantara Freight & Logistics - Jl.Kwitang Raya 35-36 Jakarta , 10420
Indonesia
Angkutan Container Wishnulintas -Jl. Ende No. 42 Tanjung Priok Jakarta, 14310 Indonesia
Indo Honey Well Indo PT.-JL.Mangga Besar 4R/no.12 Jakarta barat, Jakarta barat 11160
Indonesia
14) Utilities (Power, Water, Communications, Internet)
Electricity - basic monthly charge is USD3.2 (RP29,500) and rate per kWh is USD0.05(RP475)
19. for Business use.
- basic monthly charge between USD0.53 to 2.73(RP30,500) rate per kWh between
USD0.03 to 0.34 (RP530) for General use.
Source : PLN(charges based on current regulations) Tax not included, over 20kVA
Water - basic monthly charge is USD12.2 (RP112,065) and rate per cu.m USD01.4
(RP12,550) for Business use.
Source : water authority (charges based on current regulations) Tax not included
Group 4B , Basic monthly charges charge: for 1.5-inch meter category, meter
maintenance charge of RP22,000 plus fixed charge RP90,065. Charge per cu.m is
morethan 20cu.m
- basic monthly charge is USD 1.1(RP10,440) and rate per cu.m is USD1.1
(RP9,800) for General use.
Source : water authority (charges based on current regulations) Tax not included
Group 4A , Basic monthly charges for 0.5-inch meter category, meter maintenance
charge of RP3,800 plus fixed charge RP6,640. Charge per cu.m is morethan
20cu.m
Communications - basic monthly charge is USD6.3(RP57,600) and call charge per min .is
USD0.01 (RP125) for Business use.
- basic monthly charge is USD3.5(RP32,600) and call charge per min .is
USD0.01 (RP125) for General use.
Source : Telecom ,Basic charges is 10 % , VAT not included , Toll per minute is
Charge for call up to 20km 9:00am-3:00pm( toll per 2 min.converted to toll per
min.)
Internet Connection fee ( Broadband)– is USD32 (RP295,000)
Source : Fastnet 768 kbps , Initial contract charge of RP430000(USD46.71)
(RP100,000 (USD10.86) installation charge , RP330,000 (USD35.85) modem
charge, tax included) required separately, 10% VAT not
included ,Basic charges is 10 % , VAT not included .
15) Apartments/Accommodations in Jakarta
BetweenUSD1,800 to 3,675 – RP16,569,000 to 33,828,375
Area : Sudirman, Pondok Indah Condominium with swimming pool 150-220 sq.m
Maintenance fee included, tax not included