TEMPO.CO, Jakarta – The government continues to prepare for lowering tax charges for micro, small and medium-sized enterprises (SMEs) from 1 percent to 0.25 percent. Suahasil Nazara, head of Fiscal Policy Agency, the Finance Ministry, said that the government will carry out an evaluation to boost tax compliance of small businesses. The Finance Ministry has included the […]
Read MoreTEMPO.CO, Jakarta – The rupiah was trading weaker by 1 point to Rp13,319 per US dollar in Jakarta inter-bank market this morning. Binaartha Sekuritas analyst Reza Priyambada said this morning that negative sentiments following rising tensions in the Korean Peninsula have prompted investors to hold their transactions on assets in developing countries, including Indonesia, halting the currency […]
Read MoreTEMPO.CO, Jakarta – Economist at SKHA Institute for Global Competitiveness, Eric Alexander Sugandi estimated that inflation in August would not be high. According to him, there is even a potential of deflation, albeit small. Eric added that low inflation was triggered by the prices of basic food that have gone back to normal, especially after Eid Day. “Price normalization […]
Read MoreTEMPO.CO, Jakarta – A research conducted by property consultant Savills Indonesia shows that e-commerce and tech companies are now occupying commercial office buildings. The tech companies include fintech companies and software development companies. Savills Indonesia research and consulting department head Anton Sitorus said that most of the companies earlier used houses, house-shops (known as ruko) or small warehouses as […]
Read MoreTEMPO.CO, Jakarta – The Indonesian Retailers Associations (Aprindo) deputy chairman Tutum Rahanata has confirmed the reports on the shutting down of Ramayana supermarkets. Tutum was told that Ramayana closed its supermarkets for layout and formatting changes. “Whether the closing was due to loss or not it cannot be confirmed yet,” he said Thursday, August 31. Tutum said that he […]
Read MoreJAKARTA — Indonesia’s government said on Thursday it aims to slash the time it takes to process investment applications, which can take up to five years in some sectors, to as little as one day as it tries to boost growth in Southeast Asia’s largest economy. “In 2018, we want to be on par with […]
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