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)
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.
Read Also
Ministry of Foreign Affairs and Supreme Court Optimize Digitalization…
Meeting PM Støre, President Jokowi discusses environmental cooperation…
Nawawi Pomolango Appointed as Interim Chairperson of KPK
President Jokowi: OIC must unite and be at the forefront of resolving…
President Jokowi Attends the Oath Ceremony of the Chief and Deputy…
Today's Industry

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

Jumat, 28 Maret 2025 - 22:21 WIB
SUNeVision Initiates MEGA IDC Phase Two Development
SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…
News Comment