JAKARTA (REUTERS) – Indonesia’s economy grew at its fastest pace in four years in October-December, but sluggish consumption continues to keep the growth rate from moving much above 5.0 per cent, where it has been for years. In the fourth quarter, gross domestic product rose 5.19 per cent from a year earlier, the highest since […]
Read MorePETALING JAYA: Companies that have been slapped with additional taxes by the Inland Revenue Board (IRB) may not be as badly impacted as initially envisaged. According to sources, most of the companies have been negotiating with the IRB and are close to settling the issue and they do not have to pay the high taxes […]
Read MoreYou’re looking to build a place for your business. Perhaps you’re looking into renovating a retail unit you plan on moving into or you’re already occupying. Immediately, the question of what construction permits you’ll need comes to mind. The first thing you will need to know as a business owner is that as part of […]
Read MoreClarks and Kickers are among numerous shoe manufacturers falling prey to online shopping, as their Indonesian distributors have announced plans to close stores in Indonesia. The new shopping habit is hurting all shoe retailers, but none as badly as those selling imported brands, says the chairman of the Indonesian Footwear Association (Aprisindo), Eddy Widjanarko. Clarks […]
Read MoreA law reform panel is to ask the government to vastly curb the amount of paperwork involved in issuing licences to businesses. At the moment there are about 700,000 different kinds of licensing forms circulating nationwide and the panel wants to reduce this number to 1,000 to cut down on local authority budgets and standardise […]
Read MoreBilateral trade between Cambodia and Indonesia amounted to $492.7 million in the first 11 months of last year, a 23 percent increase compared to the same period in 2016, according to a report from an Indonesian state-run news agency. Indonesian Antara reported the growth in bilateral trade on Saturday, noting that Indonesia had invested primarily […]
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Thailand
