TEMPO.CO, Jakarta – Grab is projected to strengthen after taking over Uber`s assets in Southeast Asia. The lower number in the market of online-based transportation service which left only Grab and Go-Jek might spark market control domination or oligopoly following the acquisition of Grab to Uber in Southeast Asia. Institute for Development of Economics and Finance (Indef) expert Bhima […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati had just stated debt as a sexy issue because when she posted an explanation of the state debt in her official account on the Facebook platform, the topic attracted 100,000 public response via the comment sections. “Debt is a sexy issue. I have posted about it on Facebook and less than […]
Read MoreIndonesian low-cost carrier Lion Air will soon commence direct flights to Cambodia in order to boost business, trade and investment between the two Asean member states. During a meeting with the between both countries, Indonesia’s Coordinating Minister for Maritime Affairs, Luhut Binsar Pandjaitan told Prime Minister Hun Sen that Cambodia has been developing stronger economic […]
Read MoreThe government plans to introduce an excise on plastic in May to reduce the use of the material. The Finance Ministry’s customs and excise director general, Heru Pambudi, said in Jakarta on Monday that a draft of a government regulation was being discussed by the relevant government agencies. “An interministerial committee tasked with drafting the […]
Read MoreTEMPO.CO, Jakarta – The government denied a statement from The Institute for Development of Economics and Finance (Indef) that the government debts, which mostly comes from the issuance of government securities (SBN), is controlled by foreign parties. The Finance Ministry said that government debt is still dominated by domestic investors. “That’s not true. It is still dominated […]
Read MoreState-owned energy company Pertamina increased the price of Pertalite-branded gasoline to Rp 7,800 (55 US cents) per liter on Saturday, Rp 200 higher than the previous price. The 90 RON gasoline has become a widely used alternative for customers typically preferring the subsidized Premium brand, such as drivers of public transportation minivans and motorcyclists, because […]
Read More
Thailand
