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Thohir Encourages SOEs to Issue Global Bonds

JAKARTA (TheInsiderStories) - Minister of State Own Enterprises (SOEs), Erick Thohir, urged a number of largest state firms to issue global bonds in order to...

Indonesia Eyes Forex Revenues from Tourism US$928M

JAKARTA (TheInsiderStories) - Tourism and creative economy ministry targets to attract foreign exchange (forex) revenues Rp13 trillion (US$928.57 million) from foreign tourists in 2020, said...

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...