By Ryan Mandela and Alda Humaira Razzak A Background In order to increase the investment and boosting up the national economy, the government is providing exemption from import duty on import of machinery, goods and materials for industrial development in relation to the investment. The granting of import duty facilities on new imported machinery…
PT Garuda Indonesia Tbk (GIAA) revealed a debt restructuring agenda with a number of creditors as a follow-up to the decision on temporary suspension of debt payment obligations (PKPU). Citing the information disclosed by Indonesia Stock Exchange (IDX), Wednesday (15/12/2021), the result of GIAA’s PKPU was related to the Commercial Court’s Decision at the Central…
Ministry of Public Works and Human Settlements is currently developing Drinking Water Supply System (SPAM) for regional scale in North Sumatera namely in Medan, Binjai and Deli Serdang (Mebidang). Mebidang Region SPAM is planning on serving drinking water needs for 80,000 House Connections or equal to 400.000 lives. The Minister of Public Works and Human…