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Indonesia: Government to offer tax incentives for capital market instruments

The government plans to launch a financial deepening program comprising tax incentives for several investment instruments to attract more long-term investors and increase activity in the country’s capital market. The incentives will be available for collective investment instruments, such as infrastructure funds (DINFRA), asset-backed securities (KIK-EBA) and limited participation mutual funds (RDPT). The tax authority […]

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Indonesia: BPS records deflation in February

Indonesia recorded the year’s first deflation of 0.08 percent in February, compared to the 0.32 percent inflation it recorded in January, Statistics Indonesia (BPS) announced on Friday.  The figure brings year-to-date (ytd) and year-on-year (yoy) inflation rates to 0.24 percent and 2.57 percent, respectively. Bloomberg reported that Indonesia’s yoy inflation rate was the lowest since November 2009, and lower […]

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Thai start-up GET ties up with Indonesia’s Go-Jek

GET, an on-demand multi-service platform supported by the Indonesian Unicorn start-up Go-Jek, was officially launched in Bangkok yesterday after a two-month trial. Over the trial period, GET completed 2 million transactions covering 80 per cent of Bangkok and aims to cover the entire city soon.  Pinya Nittayakasetwat, co-founder and chief executive officer of GET, said […]

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