TEMPO.CO, Jakarta – Bank Indonesia Governor Agus Martowardojo was present in the annual ASEAN Central Bank Governors and Financial Ministers meeting on April 6, 2018, in Singapore. The meeting highlighted a theme of Resilience and Innovation. “Bank Indonesia supported the strategic action plan to create a stable, integrated, and inclusive regional financial sector,” Agus said in a […]
Read MoreDeputy Energy and Mineral Resources Minister Arcandra Tahar said in Jakarta on Monday that the government would require all fuel retailers to report fuel price increases at gas stations. “Any price increase requires approval from the government,” said Arcandra at the ministry. He said the new policy targeted all gas station operators, including state-owned energy […]
Read MoreDeputy Energy and Mineral Resources Minister Arcandra Tahar said in Jakarta on Monday that there was a shortage of subsidized Premium-brand gasoline in gas stations in many parts of the country, including those in Sabang, Aceh and in Merauke, Papua. “We realize the Premium scarcity. There is a shortage in supply from Pertamina,” Arcandra said […]
Read MoreThe implementation of the odd-even traffic policy has reduced traffic congestion along the Jakarta-Cikampek toll road. But motorists have not shifted to public transportation, preferring to seek alternative routes instead, according to an evaluation following three weeks of the policy’s implementation. Before the policy was enforced, as many as 8,806 vehicles passed through the West and East Bekasi toll road gates. After three weeks […]
Read MoreJAKARTA: Indonesia’s tax office plans to spend hundreds of millions of dollars to update its outdated technology to boost low tax compliance and raise revenue collection in South-East’s largest economy, the country’s tax chief told Reuters. Indonesia completed one of the world’s most successful tax amnesties in 2017, but its very success has created headaches. […]
Read MoreThe Association of Indonesian Retailers (Aprindo) has said last year’s 50 percent drop in profit of PT Sumber Alfaria Trijaya, the operator of Alfamart convenience stores, reflected the current condition of the retail business. Aprindo deputy chairman Tutum Rahanta said in Jakarta on Wednesday Alfamart’s performance indicated the low purchasing power of the people. “The […]
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