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Policy Review: Indonesia’s Sea Toll Continues, Logistic Business More Attractive

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo continues to encourage sea toll programs to increase export and logistics  business in Indonesia. Over the last three years, Widodo has...

Daily Business Briefs — Nov 8

JAKARTA (TheInsiderStories) – Good Morning. We provide several important news items that might help your business decisions today, as follows: Bank Mandiri disburses Rp1.4 Trillion...
Indonesia Assesses the Policy of Financial Liquidity Loan Collaboration

Indonesia Keep Pushing Tax Incentives to Attract Capital Inflows

JAKARTA (TheInsiderStories) - The Indonesian government continues to push tax incentives to attract capital inflows enter the country. For an example, the government plans...

World Bank: Indonesia EODB Rank Lowered to 73rd

JAKARTA (TheInsiderStories) - Indonesia's East of Doing Business (EODB) global rank one step lower to 73rd rank compared to last year, says the World Bank Group’s...

Policy Updates: Indonesia Offers New Fiscal Incentives to Improve EODB

JAKARTA (TheInsiderStories) - Indonesia's Ministry of Finance offered some new fiscal incentives to both corporate and individual taxpayers to improve investment climate in the...

Indonesia’s Oil and Gas Exploration Still Competitive, says IPA

JAKARTA (TheInsiderStories) - Indonesia Petroleum Association (IPA) is optimistic that the government can increase the interest and enthusiasm of global oil and gas investors...

Indonesia Wants to Become Manufacturing Hub in ASEAN

JAKARTA (TheInsiderStories) - Indonesia targeting to become a manufacturing hub in Southeast Asian (ASEAN) region with several industrial sectors that have deep structures, ranging from...

Insight: The Geoeconomic Implications of China’s Belt and Road Initiative

JAKARTA (TheInsiderStories) - China hold the Belt and Road Forum for International Cooperation Summit on April 25-27. Around 37 world leaders meet at the...

Garuda Indonesia to Acquires 51% Sriwijaya Air Shares

JAKARTA (TheInsiderStories) - PT Garuda Indonesia Tbk (IDX: GIAA), a state-owned flight carrier, will acquire at least 51 percent shares of private airlines provider PT...

British’s Stanchard Considers to Releases Bank Permata Shares

JAKARTA (TheInsiderStories) - British lender Standard Chartered PLC (Stanchard) has considers to eliminate residual drags on returns from low-returning markets, including India, Korea, the UAE...
Indonesia-Swiss MLA Agreement

Insight: Indonesia Pursues Tax Fraud to Switzerland

JAKARTA (TheInsiderStories) – The Indonesian government continues to ensure that citizens or legal entities comply with tax regulations and not commit to tax evasion or...

Morning Briefing: Tensions over the Brexit Negotiations

JAKARTA (TheInsiderStories) – Good morning! British' Prime Minister Theresa May just finished her negotiation with European Union (EU) officials over the Brexit agreement. As...

Indonesia’s Investment Realization Grow Single Digit in 2018

JAKARTA (TheInsiderStories) – Indonesia' Investment Coordinating Board announced the realization of investment during 2018 only rose four percent compared to previous year worth of Rp721.3...

OSS Permit Shifts to Indonesia’s Investment Coordinating Board

JAKARTA (TheInsiderStories) — The Online Single Submission (OSS) service will be shifted from Coordinating Ministry for Economic Affairs (CMEA) to Investment Coordinating Board starting...

Morning Briefing: Multiple Failures Found Before Lion Air JT-610 Deadly Crash

JAKARTA (TheInsiderStories) — Good Morning! Lion Air JT-610 PK-LQP that crashed and killed 189 people on-board last October, had several failures since three days...

Indonesia Under Widodo-Kalla Four Years Ruling, a Review

JAKARTA (TheInsiderStories) - It has been four years since Joko Widodo and Jusuf Kalla vowed as President and Vice President. Indonesia has both progresses and setbacks. Both...

Eight Companies with a US$11B Investment Granted Tax Holiday from Indonesia

JAKARTA (TheInsiderStories) - Indonesian government granted tax holiday  to eight companies with valued Rp161.3 trillion (US$11.12 billion) investment, said one senior official on Thursday (18/10)....

Moka Raised US$24M Series B Led by Sequoia India

JAKARTA (TheInsiderStories) - Moka, a fast-growing Indonesian cloud-based point-of-sale system, has raised US$24 million Series B round led by Sequoia India. The round included new...

Outdated Power Sector Threatens Indonesia’s Industry 4.0 Aspirations

JAKARTA (TheInsiderStories)--The outdated technology utilised in Indonesia's electricity sector could dent the government's aspiration to kickstart the fourth industrial revolution, also known as Industry...

Morning Briefing: An Optimism Wave on the Global Economic Resilience Emerges

JAKARTA (TheInsiderStories) - A wave of optimism for global economic resilience emerged despite an escalation of United States (U.S) - China trade war and divisions in...

CNOOC’s Gas Pipe Leaks in Bojonegara, Indonesia

JAKARTA (TheInsiderStories)--The gas pipelines owned by the Chinese state-owned oil and gas company, China National Offshore Oil Corporation (CNOOC), leaked in the sea near...

Rush to Launch OSS May Hurt Indonesia’s Investment Climate

JAKARTA (TheInsiderStories)—The Indonesian government’s rush to launch an online single submission (OSS) system pours more uncertainty into the country's investment climate. Indonesian government finally launched...

Indonesia Cuts SMEs Income Tax to 0.5%

JAKARTA (TheInsiderStories)—Indonesia’s President Joko Widodo has released the Government Regulation 23/2018 on the reducing the small medium enterprises (SMEs) income tax rate to 0.5 per...

U.S Overtakes Hong Kong at First Place Ammong World’s Most Competitive Economies

Lausanne, Switzerland –   The top five most competitive economies in the world remain the same as in the previous year, but their order changes,...

Is Indonesia’s Education Budget Keeping Up with Industry 4.0?

JAKARTA (TheInsiderStories)— While the Indonesian government had set a 20 per cent mandatory allocation of the state budget to education, it remains to be...

Going Digital Alone Insufficient to Lure Investment

JAKARTA (TheInsiderStories)— The Indonesian government plans to launch an integrated licensing policy or online single submission (OSS) on May 20, 2018, but it must...

Policy Review: Terror Attacks Have Limited Impact on Investments

JAKARTA (TheInsiderStories)—The terrorist attacks may cause a short-term shock to the stock market, but it has limited impact on the long-term investments. The investors...

Analyzing the Prospects and Challenges of Industry 4.0 Implementation in Indonesia

JAKARTA (TheInsiderStories)—The fourth industrial revolution (Industry 4.0) that refers to process automation and data exchange has prospects for a greater use in manufacturing technologies...

Reynold Wijaya of Modalku: We Only Take the Crumble of the Pie Crust That...

JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally,...

Policy Review: Downstream Industry Urges Incentives

JAKARTA (TheInsiderStories)—Indonesia urges to set up new incentive to boost the mining downstream industries. The country is currently trapped in a stagnation on this sector. Indonesia’s...

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