The tax authority has been lauded for sending out emails, reminding millions of taxpayers to submit their annual tax returns (SPTs) before the designated deadline. For people who were preoccupied with work and, therefore, needed someone to remind them about their tax obligation, the email was very helpful, said Jakarta resident Amalia Rochimah Putri. “For […]
Read MoreCoal miners are looking to boost coking coal production in line with projected growth in the steel industry and the construction and manufacturing sectors, which require the substance as an energy source. “We project that steel production will grow moderately this year in line with global economic growth,” said coal miner PT Adaro Energy spokeswoman […]
Read MoreShip manufacturers in Batam, Riau Islands, are urging the government to revise an antidumping regulation as it is could affect the competitiveness of local companies. The controversial regulation in question is Finance Minister Regulation No. 120/2017 on the mechanism of antidumping duties. Since Jan. 25, the customs authority in Batam has been collecting levies from […]
Read MoreThe Indonesian General Insurance Association (AAUI) is reporting that the ratio of health insurance premiums to the premiums for other insurance products declined to only 2.3 percent in 2018 because of the state-sponsored Health Care and Social Security Agency (BPJS Kesehatan). AAUI executive director Dody Ahmad Sudiyar said on Sunday that it was a continuing decline from the previous year. […]
Read MoreThe Directorate General of Taxation will seriously investigate Indonesian assets that are not reported through the annual tax return form (SPT), and is preparing punishment for non-compliant taxpayers, Finance Minister Sri Mulyani Indrawati said over the weekend. She said the first step would be for the Directorate General of Taxation to check the status of any Indonesian wealth parked […]
Read MoreIndustry Minister Airlangga Hartarto is optimistic the exports of footwear products will increase to US$6.5 billion this year and reach $10 billion in the next four years. “Moreover, Indonesia has signed the CEPA with Australia and the European Free Trade Association [EFTA]. This has the potential to expand the export market for our manufactured products,” […]
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