Important Government Agencies in Indonesia
Indonesia is home to a great many government agencies. Although all play important roles in helping the country’s mechanisms operate well, some are nevertheless more important than others. Some of the most important government agencies in Indonesia include the Investment Coordinating Board (BKPM), the Indonesia Stock Exchange, the Directorate General of Customs and Excise, the National Agency of Drug and Food Control, the National Standardization Agency, the Agency for the Assessment and Application of Technology, and the Indonesia Central Bureau of Statistics (BPS).
These government agencies help people living in Indonesia in many different ways. The Indonesia Investment Coordinating Board, also known as BKPM, is a non-ministerial government agency which is in charge of implementing policy and service coordination in investment in accordance with the provisions of the regulations. As the primary method of communication between businesses and government, BKPM is tasked with boosting domestic and foreign direct investment through creating a conducive investment climate. Restored to ministry level status in 2009, BKPM reports directly to the President of the Republic of Indonesia. BKPM’s goal is not only to seek more domestic and foreign investment but also seek quality investments that may drive the Indonesian economy and absorb much employment. BKPM’s primary goal is to create many job opportunities for the people of Indonesia.
The Indonesia Stock Exchange works for the good of the economy of the country so that benefits will be provided to the people of Indonesia. When the economy of the country is better, the prices of different products of all types will be reduced. This leads to less of a financial strain being imposed on the people living in Indonesia.
There are many companies which comprise the Indonesia Stock Exchange. Of course, every company needs an owner; perhaps you would like to be one. If such is the case, contact us at Paul Hype Page & Co. We will help you set up a company in Indonesia in accordance with all the laws of the country. When you are done working with us, you will find that we have enabled you to have your own company in Indonesia and run it in any way you deem to be suitable.
The Directorate General of Customs and Excise serves the community in the fields of customs and excise, while the National Agency of Drug and Food Control is a government agency which is responsible for protecting public health through the control and supervision of prescription and over–the–counter pharmaceutical drugs, vaccines, bio pharmaceuticals, dietary supplements, food safety, and cosmetics.
The National Standardization Agency is responsible for improving levels of quality, efficiency of production, national competitiveness, fair competition and transparency in trade affairs, business competitiveness, and technological innovation. It improves protection of consumers, businesses, employers, and other members of the business community. It also serves the country by improving levels of safety, security, health, and environmental welfare across the country. It increases smoothness and efficiency of trading goods or services, whether such trade takes place in the country or abroad.