VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

President Joko Widodo (Jokowi) has instructed Investment Coordinating Board (BKPM) Head Bahlil Lahadalia to leave no stone unturned in catering to all requirements of investors in Indonesia.

"If the (process to obtain) permit is difficult, I will order the head of BKPM to handle it from A to Z and complete all necessary requirements, so that investors feel they are served well. This is very important," President Jokowi stated at the integrated industrial zone of Batang, Central Java, on Tuesday（6/30）

In addition to reviewing the venue, President Jokowi is scheduled to witness a presentation on redirecting foreign investment to Indonesia.

"I have ordered the minister and the head of BKPM to offer the best possible services to industries that will relocate from China to Indonesia, as well as from Japan, Korea, Taiwan, and the US," he noted.

Jokowi especially laid emphasis on two types of services, notably those concerning permits and land availability.

According to the head of state, of the total four-thousand-hectare Batang industrial area, work on 450 hectares was already complete.

The best services are crucial since the projects will create job opportunities, he noted.

Minister of State Enterprises (SOEs) Erick Thohir noted that the Batang industrial zone entirely came under state-owned plantation company PT Perkebunan Nusantara (PTPN) IX.

"Hence, no problems should be encountered concerning relocation and the licensing process, as everything comes under the authority of PTPN IX. Moreover, we are keen to integrate the Brebes, Kendal industrial area, and no less important the Borobodur tourism area. The Batang industrial zone is part of the efforts to develop manufacturing centers of industrial zones on Java Island that include Cikarang-West Java, Gresik-East Java, and the consolidation of three industrial areas in Central Java as a hub," Thohir explained.

Seven companies have, until now, confirmed to relocate to and join the Batang Industrial zone.

The seven companies are PT Meiloon Technology Indonesia from Suzhou, China; PT Sagami Indonesia from Shenzhen, China; PT CDS Asia (Alpan) from Xiamen, China; PT Kenda Rubber Indonesia from Shenzen; PT Denso Indonesia from Japan; PT Panasonic Manufacturing Indonesia from China; and PT LG Electronics Indonesia from South Korea.

In addition to the seven companies, other 17 firms intend to relocate their industries to Indonesia, with investment totaling US$37 billion and would provide employment to an estimated 112 thousand people. (Antara)

Jakarta (VOI News) - The International Monetary Fund-IMF predicts that world’s economic growth will be negative by almost 5 percent. The IMF also predicts that the Indonesian economy in June is in a negative position. It was stated by Prof. Roy Sembel, Consultant and professional in financial economics, to Voice of Indonesia in Jakarta, Monday (29/6). According to Roy Sembel, to make companies able to continue their business, they need to prepare a strategy of realigning and adapting in a new era after the pandemic.

"In addition, it is necessary for companies and their industries to conduct rescue and restructuring in the short term, and in the medium to the long term, which can be realigned. So they need to modify the business to adjust to the times, although they should not change everything, there is something that remains, for example the basic principles of company management, there must be cash flow, there must be a profit margin, there must be a good biz turnover, healthy growth and they should pay attention to customer development. Those are 5 things that are mandatory. But other than that, the methods must be adjusted according to the times," said Roy Sembel.

Roy Sembel added that emergency measures to save the companies from financial pressures due to the crisis must be done quickly and accurately. Furthermore, emergency measures must be followed by a proactive financial restructuring strategy. To inform business actors and legal aspects related to emergency rescue and corporate restructuring, on Tuesday, June 30, there was a Webinar "Financial and Legal Aspects of Rescuing, Restructuring, and Realigning Companies Facing Pandemic Crisis" in Jakarta, with Prof. Roy Sembel and Ibrahim Sjarief Assegaf. (VOI / TGH/FAISAL/AHM)

Efforts to restore the confidence of tourists is considered a key for the success of the country's tourism sector recovery, according to an official.

"Indonesia is experiencing a lack of trusted destinations from foreign and domestic tourists. Hence, we must work together to gain the tourists' confidence ," Deputy of Marketing Division of the Ministry of Tourism and Creative Economy Nia Niscaya said in a statement in Jakarta on Sunday.

In fact, all countries have lost tourists' confidence owing to the COVID-19, Nia Niscaya said while speaking in ASITA's online business discussion on "Synergy of ASITA and the Government to Respond to the New Normal policy in the Indonesian Tourism".

She is upbeat that the tourists' confidence is restoring as Indonesia has managed to record positive growth and come out of the red zone.

The discussion was participated in by Indonesian Ambassador to Singapore Ngurah Swajaya, Indonesian Ambassador to Laos Pratito Soeharyo, and Kosmas Harefa from the office of the Coordinating Minister for Maritime Affairs and Investment, among others.

As parts of the efforts to regain the tourists' confidence, the Tourism and Creative Economy Ministry has formulated and socializing health protocols dubbed Cleanliness, Health and Safety (CHS) protocols.

"This is the main issue when it comes to tourists. Indonesia's success in handling COVID-19 can be a consideration in building the nation branding. Hence, a synergy between ASITA and representatives of market countries is needed to boost tourist confidence," she said.

Learning from several countries that have been able to recover from the COVID-19 outbreak, the ministry will first focus on domestic market .

The ministry will carry out a strategy by launching a campaign dubbed #DiIndonesiaAja (#JustStayInIndonesia) targeting the market segmentation of families, couples, individual tourists or fully independent travelers (FIT), and the government.

Likewise for the international tourist market, the ministry is preparing a strategy by launching a #DreamNowTravelTomorrow campaign for its CHS protocol branding.

"The point is we have to be able to be present in the market by displaying contents that inspire tourists," Nia Niscaya said.(ANTARA)

The Yogyakarta provincial government has permitted a number of tourism sites to open its doors for tourists, in what is now deemed a trial period, despite the region’s COVID-19 emergency period up to July 31.