Ultra-micro holding company to spur new entrepreneurs: Kadin
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Illustration - An integrated state enterprises ecosystem is expected to expedite the recovery of micro, small and medium-scale enterprises (MSME) as well as ultra-micro businesses and improve their access to low-interest loans. (ANTARA PHOTO/Irwansyah Putra/wsj)
The ultra-micro holding firm will become a joint umbrella of Bank BRI, Pegadaian, and PNM to accommodate MSMEs and ultra-micro businesses to get funding access and increase the population of national businesses Jakarta (ANTARA) - The government’s plan to form a state-owned ultra-micro holding company is expected to increase the number of new entrepreneurs in Indonesia, according to the Indonesian Chamber of Commerce and Industry (Kadin).