Indonesia’s plan to lower corporate tax rates to 20 per cent from 25 per cent is positive for earnings of most listed companies, say analysts from Maybank Kim Eng. The objective of lowering its corporate income taxes is to make Indonesia competitive with neighbouring countries, which the analysts believe will indeed help Indonesia improve its […]
Read MoreThe Public Works and Housing Ministry will auction nine water reservoir projects this year that are among 65 reservoirs in the 2015 to 2019 National Medium-Term Development Plan (RPJMN). The ministry’s water resources director general, Hari Suprayogi, said in Jakarta over the weekend that the nine the irrigation projects were the last that would be […]
Read MoreThe Cambodia – Indonesia Friendship Trade Fair will be held this weekend in Siem Reap, with Indonesia hoping it will serve to boost trade between the two nations. For in depth analysis of Cambodian Business, visit Capital Cambodia Speaking in a press conference Friday, Indonesian Ambassador Sudirman Haseng said the upcoming trade fair will “boost economic […]
Read MoreThe development of the Masela block in the Arafura Sea has entered the final investment decision (FID) stage after the government approved the latest revision of the development plan for the gas-rich block. Upstream Oil and Gas Regulatory Task Force (SKK Migas) chairman Dwi Soetjipto said Friday that Energy and Mineral Resources Minister Ignasius Jonan had […]
Read MoreThe government is offering SBR007 retail savings bonds until July 25, through which it aims to collect Rp 2 trillion (US$141.99 billion). The Finance Ministry’s financing and risk management director general, Lucky Alfirman, expressed his optimism that the indicative target of Rp 2 trillion could be achieved as the market had been expanding, in line with […]
Read MoreThe partnership between Siam Commercial Bank (SCB) and Indonesian unicorn startup Go-Jek will heat up competition in ride hailing and delivery in Thailand and provide opportunities for the bank to acquire more customers. SCB’s investment in the ride-hailing app Go-Jek is in line with the bank’s inorganic growth strategy and digital banking expansion. Go-Jek is […]
Read More
Thailand
