Indonesia has jumped to top spot as the most attractive overseas destination for Singapore companies looking to spread their wings. For many companies here, it is a no brainer, given the vast size of the market of 250 million people sitting right at Singapore’s doorstep. Mr Kenny Tan, chief executive of logistics firm Keyfields, said […]
Read MoreJAKARTA: Indonesian business tycoon Tahir is keen to gain control of PT Bank Permata, a larger rival to his PT Bank Mayapada International, as he seeks to put his lender in the ranks of the nation’s biggest banks. Tahir’s Mayapada Group wants to buy the 90% of Permata that is owned by Standard Chartered Plc […]
Read MoreTEMPO.CO, Jakarta – An Expert Staff to the Agriculture Ministry at the trade and international relations sector, Mat Syukur, stated that the government targets this year’s rice export to reach 100,000 tons. This move is a part of the Ministry’s attempt in becoming the world’s rice barn. “This year’s export should be at least 100,000 […]
Read MoreTEMPO.CO, Jakarta – The government has changed the Regulation of the Finance Minister (PMK) No.140/PMK.010/2016 to PMK No. 13/PMK.010/2017 on Export Goods Subject to Export Duty and Export Duty Rate. “The background of the new PMK is to push for the acceleration of improved domestic mineral added value,” the head of Fiscal Policy Agency, the Finance […]
Read MoreTEMPO.CO, Jakarta – Hundreds of regional elections will be held simultaneously in Jakarta and other regions on Wednesday, February 15, 2017. Expert says that the elections, particularly that of Jakarta, would not have a significant impact on the economy. “Jakarta gubernatorial election’s impact on the economy [will be] limited,” SKHA Institute for Global Competitiveness chief economist […]
Read MoreTEMPO.CO, Jakarta – The Presidential chief of staff Teten Masduki said that the government is preparing new economic policies, which include agriculture reforms, to tackle poverty and social inequality. “Poverty and economic inequality in Indonesia have gone worse and they have become the sources of social tensions. The Indonesian government therefore will carry out three […]
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