Indonesia’s digital trade is expected to be the biggest support for the country’s economy by 2030, by helping commodities and manufacturing goods as well as services gain greater online market access. The research was jointly conducted by AlphaBeta, the Hinrich Foundation and the Centre for Strategic and International Studies (CSIS), titled the Digital Komodo Dragon: […]
Read MoreIndonesia is the fastest-growing country in the Asia-Pacific region when it comes to the digitization of financial services, but its penetration remains the lowest in the area. A recent report by global consulting firm McKinsey titled Digital Banking in Indonesia: Building Loyalty and Generating Growth, shows digital banking penetration has increased significantly. In 2017, the number of […]
Read MoreFarida is a batik enthusiast. So strong is her fondness for batik that the resident of Yala in southern Thailand, visited the Indonesia Pavilion and bought batik every day during the sixth edition of the annual Melayu Day @Yala. The Malay cultural festival, which ran from Feb. 8 to 10, featured participants from Brunei Darussalam, Malaysia, Indonesia and Thailand. The […]
Read MoreThe cryptocurrency industry has entered the early phases of recognition from the government after the Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) issued Ministerial Regulation No. 5/2019 on the implementation of physical markets for crypto assets in futures exchanges. The regulation focuses among other things on good governance principles for crypto asset traders, legal certainty, […]
Read MoreThe government issued a regulation late last year to make more investors eligible for tax holidays, but applicants are unable to avail themselves of the incentive as the online single submission (OSS) system is not ready to accommodate their request. The Investment Coordinating Board’s (BKPM) official for investment services, Husen Maulana, said a number of […]
Read MoreEnergy and Mineral Resources Ministry Oil and Gas Director General Djoko Siswanto has said the government’s decision to lower fuel prices is part of the implementation of a new fuel price formula that has been effective since Feb. 1. He gave an assurance that the formula stated in Energy and Natural Resources Ministerial Decree No […]
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Thailand
