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Indonesia Imposes Sanctions for Un-report Forex Use

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) improves policy regarding foreign exchange (forex) flow. In the new policy, bank and customers who do not report...

Indonesia Hikes Import Value Tax to Reduce CAD

JAKARTA (TheInsiderStories) - The Indonesian government decided to raised the value tax of Article 22 for 1,147 imported commodities to 7.5 percent to 10...