malay02
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Indonesia seeks to boost 2022 revenues with new taxes

JAKARTA: Indonesia’s government proposed to parliament on Thursday a shakeup in tax policy, including introducing new levies, to help it boost next year’s revenues while reducing the budget deficit, the country’s finance minister said. While the proposal brought up at parliament’s plenary meeting lacked details, it was still met with objections from several lawmakers who […]

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indo01
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Virus variants an Indonesia GDP recovery risk

The emergence of new Covid-19 variants is expected to weigh on Indonesia’s economic recovery and may cause the government to miss its target of growth between 4.5 and 5.3 per cent this year. The government reported on May 17 that 24 cases involving new variants, including sub-variants of B.1.617, also known as the Indian variant, […]

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indo01
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Gojek to merge with Tokopedia to create Indonesia tech giant

Indonesia’s ride-hailing and payments giant Gojek agreed to combine with e-commerce pioneer PT Tokopedia to create the largest internet company in the world’s fourth most-populous nation. The combined entity is set to form an Indonesian powerhouse, encompassing businesses from car-sharing and fintech to online shopping and delivery. The two companies said Monday they will form […]

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indo01
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Indonesia’s economic growth headed towards positive growth

Indonesia’s economic growth is already on the right track and is headed towards positive growth, according to Deputy Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for National Entrepreneur Development Arsjad Rasjid. Hanoi (VNA) – Indonesia’s economic growth is already on the right track and is headed towards positive growth, according to Deputy Chairman of […]

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