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Indonesia: Government revises tax incentive regulation

The government is revising a regulation on tax holidays and tax allowances to simplify the procedures to obtain such facilities in hopes of garnering interest from businesspeople. Industry Minister Airlangga Hartarto blamed complicated procedures for the reluctance of businesspeople to apply for the facilities. “Obtaining the incentives is not simple,” said Airlangga in Jakarta on Wednesday as quoted […]

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Indonesians Prefer Online Shopping Through Desktop

TEMPO.CO, Jakarta -IPrice Group’s research noted that Indonesia ranked first as a country in Southeast Asia with the highest percentage of using mobile phones while visiting an online store. In the second quarter of 2017, there was 87 percent of online shoppers recorded that accessed online stores via mobile phones. However, the number of visits to online store […]

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Indonesia records $4.8 billion investment in digital economy

The Investment Coordinating Board (BKPM) recorded foreign investment of US$4.8 billion in the digital economy last year. “The realization, however, may take place over several years,” said BPKM head Thomas  Lembong during a press conference in Jakarta on Tuesday as reported by kontan.co.id. The figure indicates an annual growth of 30 to 50 percent in start-up […]

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Garuda Indonesia Wins Best Asean Airlines Program

TEMPO.CO, Cengkareng – Garuda Indonesia received an international award through the Asean Tourism Awards 2018 in Chiang Mai, Thailand, Friday, January 26. Garuda awarded for the Best Asean Airlines Program category. The award was given by the Minister of Tourism, Arief Yahya, to Director of Marketing and IT Garuda Indonesia, Nina Sulistyowati. Garuda Indonesia won because of the “AyoLiburan” […]

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Indonesia: Inflation recorded at 0.73 percent in January: BI survey

The Month-to-month inflation rate until the fourth week of January stood at 0.73 percent, a survey by Bank Indonesia has found. The figure is slightly higher than 0.71 percent recorded in December. The latest figure brought the year-on-year (yoy) inflation rate projection to 3.36 percent, said Bank Indonesia Governor Agus Martowardojo in Jakarta recently. The yoy inflation rate projection is still within […]

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