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Provinces have a local government, consisting of a governor (Gubernur) and a regional legislative body (Dewan Perwakilan Rakyat Provinsi). The governor and members of local representative bodies are elected by popular vote for five-year terms, but governors can only serve for two terms.
Each province has its own regional assembly, called Dewan Perwakilan Rakyat Daerah (DPRD, lit. ' Regional People's Representative Council '). Governors and representative members are elected by popular vote for five-year terms. Provinces were formerly also known as Daerah Tingkat I (Level I Regions). Indonesia is divided into 38 provinces. [4]
In addition, some regional banks have subsidiaries in forms of BPRs (Bank Perkreditan Rakyat, or People's Credit Banks) which are usually owned and operated by governments of regencies or cities, acting as municipally owned corporations.
GRP Nominal is the regional or provincial counterpart of the national gross domestic product, the most comprehensive measure of national economic activity.The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market.
Riau and Bintan also attracted British, Chinese, Dutch, Arab and Indian traders. The Dutch however started to look upon Riau and the Bugis as a dangerous rival to Dutch trade in the region, drawing away trade from their ports in Malacca and Batavia (Jakarta). A Dutch fleet attacked Riau in 1784 but failed to hold the islands.
The scheme has a long history in Indonesia, where it is commonly known as Inti-Plasma farming, Inti being the nucleus and plasma the smallholdings. It has been implemented in different ways since 1978. The first model was called PIR Lokal (Perkebunan Inti Rakyat Lokal) and was designed for local populations.
GRP Nominal is the regional or provincial counterpart of the national gross domestic product, the most comprehensive measure of national economic activity.The Statistics Indonesia (Badan Pusat Statistik) derives GRP for a province as the sum of the GRP Nominal originating in all the industries in the province at current prices market.
When Jambi Province was created in 1957, it comprised three regencies - Kerinci (renamed from South Pesisir Regency on 19 March 1956), Batanghari and Bungo Tebo - as well as the independent city of Jambi City.