TEMPO.CO, Jakarta – US Ambassador to Indonesia Joseph R. Donovan on Thursday, November 2, criticized a number of regulations that are against foreign investors. According to Donovan, the regulations not only hamper foreign investments but also obstruct innovation and development. For instance, Donovan said, the regulation governing local contents would limit consumers’ access to the 4G network. In addition, […]
Read MoreTEMPO.CO, Jakarta – Central Statistics Agency (BPS) head Suhariyanto said that October`s inflation rate stands at 0.01 percent, which is far lower than September`s 0.13 percent. The figure brings the inflation rate 2.67 percent so far this year. “It proves that President Jokowi and Jusuf Kalla’s administration is committed to maintaining the economic stability,” Suhariyanto told journalists at the BPS […]
Read MoreTEMPO.CO, Jakarta – Global power management company Eaton offers to accommodate Indonesia’s emerging data center and energy storage resources industry. Eaton will make Indonesia as one of its priority countries for solutions. The company plans to implement its newest technologies in Indonesia, including managing the data center of the future. This step is in line with the government’s ambition […]
Read MoreTEMPO.CO, Jakarta – The Investment Coordinating Board (BKPM) has reported that that Indonesia saw Rp513.2 trillion investment throughout January to September. BKPM chief Thomas Lembong said that the figure is 75 percent of the full year target. As such, Thomas is confident that the target will be achieved in the next three months. He added that in […]
Read MoreTEMPO.CO, Jakarta – The registration period for prepaid SIM cards has officially commenced today on Tuesday, October 31. According to Noor Iza, the acting head of Communication and Informatics Ministry’s public relations, prepaid SIM card users must register their ID Number (NIK) and family ID (KK) number. The registration period starts today, Oct. 31, and will end on February […]
Read MoreTEMPO.CO, Jakarta – The Directorate General of Tax of the Finance Ministry reports that tax revenue has increased by 25 percent in October compared to the previous month. September saw Rp84.7 trillion in tax revenue, whereas this month it has hit Rp105.87 trillion. “Meaning that the growth is quite significant. Value added tax [PPN] grew 20 percent […]
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