indo
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Indonesia: Regulation on plastic tax goes no where

The government has targeted Rp 500 billion (US$35.49 million) in revenue from plastic taxes as stated in the 2019 state budget, but the plan to issue a regulation on the issue is still in the early phase despite previous expectations that it would be issued late last year. Customs and Excise Directorate General spokesman Deni […]

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indo01
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Indonesia: Industry associations welcome eased export policy

Exporters have welcomed the government’s short-term policy to boost exports by reducing the number of the commodities requiring surveyor reports (LS’s) and those on the restricted exports list. Indonesian Exporters Association (GPEI) chairman Benny Soetrisno said the government’s plan to ease export procedures was a good step, because the LS process required time and was costly for exporters. Benny believed the […]

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indo01
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Indonesia to further relax export procedures

The government said it would ease procedures to boost exports, with the aim of bolstering the country’s current account, as the trade deficit was recorded at US$ 8.57 billion in 2018, the largest deficit since 1975. Statistics Indonesia (BPS) recorded that the country had a $11.4 billion trade surplus in 2017. Coordinating Economic Minister Darmin […]

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malay02
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Indonesian ride hailing Go-Jek examining whether to come to Malaysia

Indonesia’s ride hailing Go-Jek is examining whether to operate in Malaysia, co-founder Kevin Aluwi said. The firm, which has launched its services in Singapore, Vietnam, and Thailand in 2018, is examining whether to expand to Malaysia, Aluwi said. Ride-hailing services in Southeast Asia are expected to surge to almost $30 billion by 2025 from $7.7 billion in 2018, according to a Google-Temasek report. It is in […]

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