TEMPO.CO, Jakarta – The Creative Economy Agency (BEKRAF), the Indonesian Chamber of Commerce (KADIN), the Indonesian Blockchain Association, and startup company HARA launched the Indonesia Blockchain Hub; the first of its kind in Indonesia. HARA chief Reggy Wahyu said that the establishment of the Blockchain Hub is expected to create a meeting facility for blockchain actors, a […]
Read MoreBusinesspeople have called on the government to involve them in drafting a regulation on import limitation of raw materials to ease the country’s current account deficit (CAD) because many of their factories still rely on imported raw materials. In an effort to curb imports, the government plans to issue a regulation that among others will […]
Read MoreThe Finance Ministry recorded Rp 4.25 quadrillion (US$290.33 billion) of government debt in July, slightly higher than the figure in the previous month, said Finance Ministry financing and risk director general Luky Alfirman on Tuesday. He said the figure was equal to 29.74 percent of the country’s gross domestic product (GDP), lower than 29.79 percent […]
Read MoreThe compilation and integration of data for the One Map Policy is nearly complete, however it is missing data from the Defense Ministry as it has not provided it to the Geospatial Information Agency (BIG), an official has said. BIG head Hasanuddin Zainal Abidin said on Monday that the Defense Ministry had a large amount […]
Read MoreThe Finance Ministry is accelerating the ongoing revision of the value-added tax (VA) refund for tourists to gain benefit from the visit of foreign athletes, officials and spectators of the Asian Games 2018, which will take place from Aug. 18 to Sept. 2 in Jakarta and Palembang. “We want to complete the revision as soon […]
Read MoreSales purchase agreements between domestic oil contractors and foreign firms may hamper the government’s effort to reduce oil import by requiring state-owned oil and gas holding Pertamina to buy all oil lifting produced by the contractors, an official says. Previously, President Joko “Jokowi” Widodo told Pertamina to buy all oil lifting, the colloquial term for […]
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