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Indonesia’s State Budget Deficit Swells to US$7B in April

JAKARTA (TheInsiderStories) — Indonesia state budget deficit swelled to Rp101 trillion (US$7billion) in April, almost twice higher than Rp54.9 trillion in the same period...

Indonesia Fin Min Sees Economic Growth 5.3% in 2019

Bogor (TheInsiderStories) - Indonesian Finance Minister Sri Mulyani Indrawati sees the country's economic growth 5.3 percent in 2019, lowered from this year target 5.4...

Bank Indonesia Sees 5.2%-5.6% GDP Growth in 2019

JAKARTA (TheInsiderStories)—Bank Indonesia (BI) estimated economic growth in the range of 5.2 per cent to 5.6 per cent in 2019, lower than government’s target...

Market Update: Stability Over Economic Growth

JAKARTA (TheInsiderStories) - Indonesian financial regulators have pledged to prioritise stability in the short term over the economic growth target amid a rout in the currency even...

Indonesia to Offer Tax Incentives Next Month

JAKARTA (TheInsiderStories) - Indonesian government has said it will release tax super deduction up to 200 per cent in May for companies carrying out Research...

Indonesian Gov’t to Revise Macro Economics Assumption

JAKARTA (TheInsiderStories) - Indonesia plans to revise the macro assumption in the State Budget of 2018 to better reflect the recent development, Finance Minister Sri...

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...

President Issues Beneficial Ownership Rule to Target Tax Haven

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo on Thursday (1/3) has officially issued a decree to rule 'Beneficial Ownership' to meet on Automatic Exchange of...

Sri Mulyani: Simplify Regulation to Lure Investment

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati says Indonesian Government will simplifying regulations and providing incentives to lure investor come to the country. She promised...

Economic Outlook: Multilateral Agencies Urge Growth in 2018

JAKARTA (TheInsiderStories) - As 2017 winds down, we can study how prospective investors took notice of numerous positive economic signals, which together may have...

Robert Pakpahan Installed as New Director General for Taxation

JAKARTA (TheInsiderStories) - Finance Minister Sri Mulyani Indrawati on Thursday afternoon installed Robert Pakpahan as new Director General for Taxation, replacing Ken Dwijugiasteadi, who...

Financial Sector Reviews: Economy Remains ‘Normal’

JAKARTA (TheInsiderStories) – Indonesia’s economy remains in a ‘normal’ condition as shown by a number of indicators, including low inflation environment, strengthening stock market, modest...

Indonesian Government Looks at US$64b Capital Market Activities, FDI US$60.1b in...

JAKARTA (TheInsiderStories) – The Government expects capital market activity, including initial public offerings and bond issuance, to reach Rp855 trillion (US$64.3 billion) in 2018. While,...