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Go-Jek confirms expansion to Singapore

Go-Jek spokesman Michael Reza Say says the homegrown ride-hailing app will expand its business to Singapore this year, following moves to Vietnam and Thailand. “We will [expand to Singapore] this year, but we can’t give any details about it yet,” he said on Friday as quoted by Tempo. According to its website, the Indonesian ride-hailing […]

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Indonesia: Government to impose 57 percent e-cigarette tax

The government will impose a 57 percent tax on electronic cigarettes, but its implementation has been postponed from July 1 to Oct. 1. The Finance Ministry’s technical and excise director, Nugroho Wahyu, said selling e-liquid without the additional tax was still allowed until Oct. 1. “We cannot implement the regulation starting on July 1 because […]

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Indonesia to review capital imports

JAKARTA: Indonesia will review imports of capital goods to help rein in the current-account deficit and stem a deepening currency rout. Finance Minister Sri Mulyani Indrawati said major government projects could be shelved as authorities widen the scope of their efforts to stabilise the currency. The rupiah has slumped more than 5% against the dollar […]

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