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Indonesia eases entry of Philippine agriculture products

MANILA, Philippines — The Indonesian government is easing restrictions on Philippine agricultural exports as both countries seek to strengthen bilateral relations. Agriculture Secretary Emmanuel Piñol said Indonesia has officially lifted restrictions on local fruit exports. “They already issued the certificates today, removing all the restrictions for the export of banana and other fruits because their […]

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Indonesia: Tax office receives 70.15 percent of all taxes by Saturday

The Directorate General of Taxation has announced that 10.93 million taxpayers, or 70.15 percent of its target of 15.58 million taxpayers, had filed their annual tax returns (SPTs) by Saturday night, one day before the March 31 deadline. Earlier, Finance Minister Sri Mulyani Indrawati announced that 10,051,101 individual taxpayers had filed their taxes by Saturday morning. “The 10.93 million taxpayers that submitted their SPTs […]

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Indonesia issues two new regulations on airfares

The Transportation Ministry has issued two new regulations on airline tickets that will determine the calculation of airfares and price ceilings. The two regulations are in the form of Transportation Ministerial Regulation No. 20/2019 on airfares for domestic commercial airlines and Ministerial Decree No. 72/2019 on airfare ceilings, which is a derivative regulation of the former. According to Nur Isnin Istiarto, secretary to […]

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Indonesia records 0.11 percent inflation in March

Indonesia recorded 0.11 percent month-to-month inflation in March, driven by price increases in the manufactured food, beverage and cigarette category, as foodstuff prices remained relatively stable, Statistics Indonesia (BPS) announced on Monday. Year-to-date inflation stood at 0.35 percent, while year-on-year (yoy) inflation was recorded at 2.48 percent. In the first quarter of this year, yoy inflation […]

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Indonesia, Malaysia Thailand agree to cut rubber exports

Indonesia, along with two other members of the International Tripartite RubberCouncil (ITRC) — Malaysia and Thailand – will cut the export of natural rubberin an attempt to stabilize the commodity’s global price. Starting April 1, Indonesia will cut rubber exports by 98,160 tons over the next four months, while Malaysia will cut the export by 15,600 tons and Thailand, the largest rubber producer, will cut […]

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Indonesia: Rules unclear days prior to implementation of e-commerce taxation

The government is yet to issue a technical regulation on e-commerce taxationwith only several days left before the new policy is scheduled to take effect on April. 1. The expected technical regulation will be a taxation director general regulation(Perdirjen) to support Finance Ministerial Regulation No. 210/2018 on e-commerce taxation. Head of the Indonesian E-Commerce Association (iDEA) digital economy division Bima Laga said he was involved in […]

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