The upcoming government-initiated landmark bill on taxation is expected to simplify tax regulations and boost investment in Indonesia as it proposes corporate tax cuts and requires internet companies to pay taxes, albeit at the expense of lower tax revenue. The bill, a draft of which was obtained by The Jakarta Post, will introduce several major changes […]
Read MoreJAKARTA: Indonesian coal exports are being disrupted because the government has not issued technical guidance on the implementation of new shipping rules, an industry group said on Thursday. Indonesia, the world’s biggest thermal coal exporter, in 2018 issued regulations requiring its coal and palm oilexporters to use domestic insurance and shipping companies. The insurance requirement […]
Read MorePT Mandiri Sekuritas, a subsidiary of state-owned Bank Mandiri, is aiming to further improve its online stock trading platform to attract more retail investors using its brokerage services. With the improved online trading application, called MOST, the company hopes to have 148,000 users by the end of this year or a 25 percent increase from […]
Read MoreIndia has issued import licenses for 1.1 million tons of refined palmolein from Indonesia, government and trade sources told Reuters, a move that has surprised the industry as only last month New Delhi restricted imports of the commodity. A resumption in refined palmolein buying by India, the world’s biggest palm oil importer, could lift its […]
Read MoreBank Indonesia (BI) decided on Thursday to cut its benchmark interest rate to help mitigate the potential impacts of the coronavirus outbreak on the country’s economic growth. During a two-day board of governors meeting, the central bank decided to slash its benchmark interest rate, the BI seven-day reverse repo rate, by 25 basis points to […]
Read MorePresident Joko “Jokowi” Widodo has said investment is the key to accelerating economic growth amid a slowing global economy. As the global economy is expected to continue growing at snail’s pace this year, Jokowi said investment would be the only thing that could improve the country’s economic growth. “There’s no way we can boost exports because […]
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Thailand
