BKPM Asks Talk Fusion to Stop Product Sales

By : Herry Barus And Aldo Bella Putra | Friday, October 06 2017 - 21:00 IWST

Talk Fusion (Foto Ist)
Talk Fusion (Foto Ist)

INDUSTRY.co.id - Jakarta - The Investment Coordinating Board (BKPM) has asked PT Talk Fusion Indonesia to immediately stop all sales activities because the product does not have a business license.

The new company has a permit of the principle of Foreign Capital Investment (PMA) with non-store retail business, kiosk, street vendors and other market stalls through direct sales scheme through direct selling / multilevel marketing.

BKPM Azhar Lubis, Deputy for Investment Implementation Control of BKPM Azhar Lubis stated in written statement in Jakarta, Friday (6/10/2017) said that the principle permit is an initial agreement from the government for investors to invest in Indonesia.

"They only have a Foreign Investment Principle License No. 1399/1 / IP / PMA / 2017 dated April 7, 2017 but in order to start the implementation of production / operation activities, the investment company must have a business license," he said.

According to Azhar, to date, PT Talk Fusion Indonesia does not have a Business License / License of Direct Sales Enterprises (SIUPL).

Thus, the Florida-based company, the United States cannot perform commercial production activities in the form of product sales in Indonesia to obtain business licenses such as SIUPL.

"It turns out they have done various business activities without business permit," he explained.

Therefore, Azhar reminded people to be more careful about the product offerings from companies that do not have business license from the relevant ministries / institutions.

"People should be more careful about the mechanisms of this investment lure, if in doubt should not join the company," he concluded.

News Comment

Today's Industry

Frans Kaisiepo Airport Terminal Biak Numfor District

Minggu, 25 Februari 2018 - 22:01 WIB

Frans Kaisiepo Airport Passenger Terminal Completed in March

The renovation of passenger terminal and cargo terminal of Frans Kaisiepo Airport, Biak Numfor District, Papua is targeted to be completed in March 2018 so as to improve the air service convenience…

Green Pramuka City's "Meet the Legend" Event (Photo: Ridwan / INDUSTRY.co.id)

Minggu, 25 Februari 2018 - 21:59 WIB

Welcoming the 2018 Asian Games, Green Pramuka City Holds Meet The Legend Event

Green Pramuka City as a credible and trusted developer wants to appreciate the services of badminton athletes who have managed to scent the name of Indonesia through an event titled "Meet The…

APP Sustainability Manager Sera Noviany when receiving Special Award for Early Application of GRI Standard (Photo: PR)

Minggu, 25 Februari 2018 - 20:18 WIB

APP is the Leader in Implementing Global Sustainability Reporting Standards in Indonesia

Asia Pulp & Paper (APP), which is part of Sinarmas received a Special Award for the Early Application of GRI Standards at the Sustainability Reporting Awards (SRA) in Solo, Indonesia.

Siasat Industri Ritel Melawan Kelesuan (Majalah INDUSTRY)

Minggu, 25 Februari 2018 - 19:30 WIB

Retail Industry Strategy Against Sluggishness

In recent years, many retailers are depressed. Visitors who come to the mall start to decline. Shop nbsp; shops are also quiet buyers.

Director General of ILMATE Kemenperin Harjanto with PT Inalum Budi Gunadi Sadikin (Photo: Humas)

Minggu, 25 Februari 2018 - 19:11 WIB

Build Factory in Tanah Kuning Industrial Estate, PT Inalum Wait for Certainty on Electricity Supply

PT Inalum is still waiting for the certainty of electricity supply related to the plan to build aluminum factory in Tanah Kuning Industrial Estate, North Kalimantan.