JAKARTA – Facebook finally opens its office in Indonesia as the country has 65 million daily users. Social media giant Facebook opened its office in Indonesia on Monday, after years of operating in the country. Facebook Indonesia country director Sri Widowati invited journalists for a tour of the office in South Jakarta. “With the opening of our office here, we want to show our commitment to […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati is optimistic to meet this year’s tax revenue target, provided there are additional efforts in the second semester. Tax revenue i growth in the first half of 2017 reached 12.4 percent, year-on-year. “We continue to work in the second half, by going through state revenue sources,” he said, last weekend. Sri asked the Tax Directorate General to identify sectors with improving commodity prices and business climate, to boost the potential […]
Read MoreTEMPO.CO, Jakarta – Indonesia and Vietnam have agreed to strengthen bilateral ties in order to enhance trade activities at the ASEAN level. “Our strategy is to strengthen Vietnam’s position as Indonesia’s main regional chain of supply in ASEAN,” said Trade Minister Enggartiasto Lukita on Monday, August 14. Enggartiasto said that the strategy is more practical for Indonesia instead of […]
Read MoreTEMPO.CO, Jakarta – Ari Kuncoro, Economy and Business Faculty Dean at the University of Indonesia, appreciates that the government has managed to achieve 5 percent economic growth. However, he said that it would be rather difficult to meet 5.2 percent economic growth set in the revised 2017 state budget (APBN-P). “I foresee a maximum of 5.1 percent growth this year,” he said yesterday, August 10. Ari explained that the economy will come to a standstill since one of the driving forces for […]
Read MoreTEMPO.CO, Jakarta – The Indonesian government will sign a memorandum of understanding on a free trade agreement with the Eurasian countries. Trade Minister Enggartiasto Lukita said that the Comprehensive Economic Partnership Agreement (CEPA) will be executed at the end of 2017. “The prospect of increased trade with Eurasian countries is huge,” he said yesterday, August 10, at the Trade Ministry […]
Read MoreJAKARTA — Indonesian security companies have seen a surge in demand for guards to protect palm oil plantations from fruit thieves and land grabbers, amid a rebound in prices of the commodity used to churn out everything from cooking oil to soap. Palm prices have jumped over 15% in the last few months, boosting the […]
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