TEMPO.CO, Jakarta – Director General of Tax said that, as of September 30, total tax revenues reached Rp770.7 trillion or 60 percent of the target set in the revised 2017 state budget (APBN-P) or Rp1,283.6 trillion. As such, the Tax DG needs to collect Rp513 trillion more to meet the target. “The realization dropped 2.79 percent [year-on-year]…,” […]
Read MoreJAKARTA (AFP) – Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech start-ups in a bid to capitalise on the country’s burgeoning digital economy and potential as Southeast Asia’s largest online market. Indonesia has seen a surge of cash into its technology sector over the past two years, helping support […]
Read MoreTEMPO.CO, Jakarta – Online marketplace or E-commerce owners requested the Indonesian government to offer an equal regulatory treatment regarding taxation once it takes effect. One of the founders of Bukalapak.com Muhamad Fajrin explained that marketplace based e-commerce and social media e-commerce should be treated equally. Fajrin reasons that the current thriving e-commerce businesses are not only participated by businesses […]
Read MoreTEMPO.CO, Jakarta – Director General of Taxation Ken Dwijugiasteadi said that the startup taxing scheme continuous to be progressively discussed and will be arranged according to the principles of justice and will heavily consider the aspect of proportionality. “That is what we are still discussing with numerous people,” said Ken on Friday, October 6. Startup companies will eventually receive […]
Read MoreTEMPO.CO, Jakarta – The Indonesian Government recently recorded a 2.80 percent capital investment increase in the industrial sector. The domestic investment value increased from Rp50.70 trillion on the first semester of 2016 to Rp52.22 trillion at the same semester of 2017. Minister of Industry Airlangga Hartato is optimistic that the growth of the national industry during its […]
Read MoreTEMPO.CO, Jakarta – The research conducted by the Institute of International Finance (IIF) shows that developed countries will attract capital investments exceeding US$1 trillion or Rp13,463.6 trillion in 2017. According to IIF Executive Director Hung Tran, the positive atmosphere first started in 2014 during the improved economy of developing countries. In a report published on Tuesday in […]
Read More
Thailand
