TEMPO.CO, Jakarta – Finance Ministry recorded a tax revenue that reached Rp463.5 trillion in May, which is 30.9 percent from the 2017 State Budget target. The government is targeting to achieve Rp1,498.9 trillion of tax revenue by the end of this year. “It’s a positive growth, this is 13.9 percent better than the previous year. Our […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati signed a Minister’s Decree on the government’s access to taxpayers’ financial records as an implementation of Government Regulation No 1/2017 on the access to financial data for taxation purposes. Sri Mulyani explained that the regulation is an implementation of a policy on automatic exchange of information (AEoI) for […]
Read MoreMANILA, Philippines – The Philippines and Indonesia are set to ink an agreement this weekend to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said a letter of intent (LOI) on the […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency (BPS) today announced that the inflation rate in May 2017 stood at 0.39 percent with the Consumer Price Index (IHK) stood at 128.83.BPS head Suhariyanto explained that as many as 70 cities experienced inflation, while 12 others had deflation. “Prices are increasing, and the inflation rate in May […]
Read MoreTEMPO.CO, Jakarta – Energy and Mineral Resources Ministry official Tagih Pamudji said that mining company Freeport Indonesia wants assurance that the government issue a regulation (PP) on investment stability. “Freeport has submitted documents that we will need to study. The first is about IUPK [special mining permit], and the second one is about investment stability, […]
Read MoreTEMPO.CO, Jakarta – Bank Indonesia has predicted the May 2017 inflation rate will stand at 0.37 percent month-to-month. It is due to a rise in the prices of garlic, chicken meat, eggs and transportation tariffs, as well the rising public consumption at the start of the fasting month of Ramadan. “In the run-up to Ramadan, the […]
Read More
Thailand
