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Indonesia: Salary hikes in digital, tech sectors could reach 50% next year: Report

Indonesia will experience a sizable increase in growth of the digital and technology sectors next year, particularly in financial technology, potentially raising professionals’ salaries by up to 50 percent in the sectors, a new report has shown. The Michael Page Indonesia Salary Benchmark 2020 report has found that professionals who switch jobs within the digital and technology […]

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Thai E-Sports Firm Raises Funds to Expand in Southeast Asia, Laos

Bangkok-based startup Infofed has received JPY 5 million ($45,700) from Japanese gaming media company GameWith, with a plan to expand in several Southeast Asian countries, including Laos. Founded in 2015, Infofed provides a one-stop solution for game providers, consumer brands, and esports communities through its online and offline platforms. The company operates eArena, an online platform for professional […]

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Indonesia plans sweeping tax reforms for ‘expatriate’ income, dividends, penalties

Finance Minister Sri Mulyani Indrawati on Thursday shared the government’s planned tax reforms, which includes relaxing income tax for Indonesian and foreign expatriates as well as eliminating dividend tax in addition to reduced corporate income tax and a new digital economy tax. Sri Mulyani said that the sweeping reforms, intended to boost investment and stoke growth in the the sluggish economy, would be part of the […]

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