415411_620
Read More

Indonesia: Central Bangka in Need of Investors, Regent Says

TEMPO.CO, Jakarta – Central Bangka Regent Ibnu Saleh admitted that investments are needed to develop potentials in a number of sectors. “We welcome investors interested to invest in this region in any sectors. We are ready to accept with open arms,” he said in Koba on Saturday (24/2). He expressed such a statement in response to a number of developments in various sectors […]

Read More
547473_620
Read More

Indonesia, Singapore to Exchange Financial Data in September

TEMPO.CO, Jakarta – Directorate General of Tax stated that financial data exchange and Automatic Exchange of Information (AEOI) for taxation purposes with Singapore will begin in September 2018. “We will begin information exchange with Singapore in September 2018,” said international taxation director at the tax DG John Hutagaol in Jakarta on Friday, Feb. 23. John admitted that the government […]

Read More
653093_620
Read More

Indonesia: Trade Minister Agrees with Proposed 0.5 Percent E-Commerce Tax

TEMPO.CO, Jakarta – Trade Minister Enggartiasto Lukita agrees with the e-commerce tax plan proposed by Industry Minister Airlangga Hartanto. “Yes I concur,” said Enggartiasto, referring to the 0.5 percent tax rate on Thursday, February 22. Enggartiasto argues that it would be the best move to support the small and medium-sized enterprises (SME) and industries (IKM) in the country. “Remember that […]

Read More
logo
Read More

Indonesia first Asian country to sell green bonds

HONG KONG/JAKARTA: Indonesia will become the first Asian country to sell “green” bonds internationally as it looks to tap into growing investor interest in climate-friendly investments. Globally, US$155.5 billion of so-called green bonds were sold last year, according to the London-based Climate Bonds Initiative. But only a handful of governments have themselves sold such deals, […]

Read More
614444_620
Read More

Indonesia – KPK: Boosting Investment by Handling Corruption in Private Sector

TEMPO.CO, Jakarta – Head of the Corruption Eradication Commission (KPK) legal bureau suggested that entrepreneurs would have no reason to worry about KPK’s plan to introduce an anti-corruption policy that would affect the private sector. Head of KPK legal bureau Setiadi said that entrepreneurs should openly welcome the agency’s plan since he claims that it would attract […]

Read More