Weekly Business

BKPM's Role Slashed

THE role of the Investment Coordinating Board (BKPM) will shrink in the future. President Susilo Bambang Yudhoyono's government will reportedly slash its role as the one-roof institution for processing investment licensing in the country. In the future, licensing will be returned to the associated technical department. According to plan, the BKPM will be transformed into a mere promotional body. The president has appoi

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