Former Malaysian prime minister Datuk Musa Hitam has said Indonesia and Malaysia can fight back against the European Unions that is carrying out negative campaign against palm oil products – the major commodity of the two countries. He said in Jakarta on Tuesday through various researches, both countries could show the world about EU’s false […]
Read MoreBank Indonesia has expressed support for the government’s decision to import rice to push down the price of the commodity, which has retailed above government-set price ceilings since December. According to the central bank’s latest price monitoring survey, monthly inflation reached 0.19 percent as of the third week of February. “I only see the data […]
Read MoreBankers are banking on stronger consumer lending to take the lead in an otherwise slow year, according to a PricewaterhouseCoopers (PwC) Indonesia survey published Tuesday. The PwC survey involved 65 banking executives from 49 banks, and showed that 71 percent of respondents believed consumer lending would grow more than 10 percent, considerably higher than 57 percent of respondents in 2017. Bankers […]
Read MoreTEMPO.CO, Jakarta – International Monetary Fund (IMF) Managing Director Christine Lagarde has praised Indonesia`s strong economy with good prospected in the years to come. “Indonesia`s economy has proven to be strong and performed well with favorable prospects,” she said in a statement received on Monday. Lagarde`s statement after she met with President Joko Widodo to discuss current economic […]
Read MoreTEMPO.CO, Jakarta – The Minister of Industry Airlangga Hartarto said the finalization regulation of the Sales Tax on Luxury Goods or PPnBM on electric cars will soon be issued. The decreasing PPnBM which is being studied are the zero percent and the import duty of five percent. Airlangga said it was intended to encourage the development of the national […]
Read MoreAnalysts are pointing to Finance Ministerial Regulation No. 19/2018, which was recently issued by Finance Minister Sri Mulyani Indrawati, as technical guidance to support global transparency in taxation. Economist Bawono Kristiaji said the regulation supported the implementation of the Automatic Exchange of Information (AEOI) agreement, which was signed by 100 countries, including Indonesia. “This regulation […]
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