BATAM NEWS TODAY

World Bank: In the Last Year, Indonesia Has Performed 5 Reforms for Ease of Business

The Doing Business 2020 report released by the World Bank said that Indonesia was ranked 73 out of 190 countries about the ease of doing business.

World Bank: In the Last Year, Indonesia Has Performed 5 Reforms for Ease of Business
kompas.com
Indonesian map 

TRIBUNBATAM.id -  The Doing Business 2020 report released by the World Bank said that Indonesia was ranked 73 out of 190 countries about the ease of doing business.

The ranking has made Indonesia stagnant since last year. Although stagnant, Indonesia recorded an increase in scores on the index, from 67.96 last year to 69.6 in 2018-2019.

World Bank Senior Economist, Arvind Jain said, Indonesia itself has carried out 5 updates or reforms in the ease of doing business, call it the matter of construction licensing and licensing to start a business. 

The Majority of BUMN Shares getting Strengthen, Is that because of Erick Thohir?

Indonesia also uses an online system for tax matters so that payment and archiving is much easier.

Furthermore, cross-border trading has also become easier with the online system. Because, Indonesia has increased online customs processing in Surabaya and Jakarta. The result, can save time from 63 hours to 56 hours.

Get to Know John Wempi Wetipo, Son of Papua, the Candidate of Deputy Minister of PUPR

Specifically, Indonesia ranks 140th for starting a business, 110th for construction permits, 33rd for electrification, and 106th for property registration.

The 73rd place puts Indonesia far higher than the Philippines in 95th place. While Vietnam is ranked 70th, Thailand is 21st, Malaysia is 12th, and Singapore is 2nd. 

Singapore continues to be the second-ranked economy based on ease of Doing Business ranking for four consecutive years.

Meanwhile, the lowest ranked economies in the East Asia and Pacific Region are Kiribati (164), Myanmar (165) and Timor-Leste (181). (*) 

 

Get to Know John Wempi Wetipo, Son of Papua, the Candidate of Deputy Minister of PUPR

Setelah Tim Saber Pungli, Anggota DPRD Batam Juga Warning OPD Agar Jauhi Pungli

Ramalan Zodiak Besok, Sabtu 26 Oktober 2019, Gemini Dapat Rezeki Nomplok, Aquarius Kerja Keras

DITOLAK Daftar ke PDIP Kepri, Huzrin Hood Curhat Soal Statusnya Sebagai Mantan Napi

Penulis: Lia Sisvita Dinatri
Editor: Lia Sisvita Dinatri
Ikuti kami di
KOMENTAR

BERITA TERKINI

© 2019 TRIBUNnews.com Network,a subsidiary of KG Media.
All Right Reserved