Alibaba in talks to pick up stake in Indonesia’s e-commerce major PT Tokopedia China’s e-commerce giant Alibaba Group Holding Ltd is in talks to make a significant investment in one of Indonesia’s largest online retailers, […]
Finance Ministry advised to reconsider plan to adjust untaxed income The Indonesian Finance Ministry should reconsider its plan to adjust the limit of non-taxable income as the proposed threshold is too high, an observer said. […]
Exemption of Oil & Gas Exploration Tax for Those Wanting to Invest in Indonesia The Ministry of Energy and Mineral Resources exempts oil and gas exploration taxes for those who want to invest in Indonesia. […]
Indonesia Struggles to Fire Up Its Economy Indonesia is at an impasse with the central bank and the government running out of policy space to fire up the economy. — Bloomberg BNI Syariah disburses Rp […]
Indonesia shrugs off China’s protest over North Natuna Sea’s name Indonesian Maritime Affairs and Fisheries Minister Susi Pudjiastuti has given China the cold shoulder over its protest against Indonesia’s move to rename the South China […]
Online Licensing System Applied to Avoid Illegal Levies in Indonesia Transportation Minister Budi Karya Sumadi has launched online transportation licensing system in a bid to improve efficiency and avoid illegal levies. — Netralnews Indonesia’s Parliament […]
Indonesia CB Expects 5.1% Growth in Q2 Bank Indonesia has expressed its confidence that the country’s economy grew by 5.1% year-on-year in the second quarter of this year as retail sales began to recover. — […]
Govt Considers Three Provinces for Next State Capital: Jokowi President Jokowi says that he is currently waiting for results of the assessment of three provinces which will replace Jakarta as the capital of Indonesia. — […]
Mandiri Capital Indonesia invests $2m in payments startup Cashlez Mandiri Capital Indonesia (MCI), the venture capital arm of state-owned Bank Mandiri, has led a $2-million investment into payment startup Cashlez, the company announced on Wednesday. […]
Indonesia to bring home tax money parked in Singapore The government is to hunt down tax money from Indonesians who park their money in Singapore, following an offer from Singapore to allow Indonesia to access […]
Preferring to Neither Sink or Swim Jokowi Pulls the Plug on Jakarta: Asean’s Sinking Cities Last week the head of Indonesia’s National Development Planning Agency (Bappenas), Bambang Brodjonegoro, announced that the government is committed to […]
Marketplace for used automobiles Droom to invest upto $10m in acquisitions, plans Indonesia expansion After closing its $20 million Series C round of funding last week, Droom, an online marketplace for used automobiles, plans to […]