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Fed Rate May Hikes Once This Year, says DBS

JAKARTA (TheInsiderStories) – Although the Federal Reserve has signaled that it will hold the key benchmark rate in consonance with market consensus, but the Development...

Indonesia to Stop Importing Over than 500 Items to Stabilise Rupiah

JAKARTA (TheInsiderStories)--Indonesian government will stop importing 500 items for six months in order to stabilise Rupiah against US dollar. Government also considered to give...

Indonesian Rupiah Hits Lowest Since 2015 due to Turkey Crisis

JAKARTA (TheInsiderStories)--Rupiah hit the lowest level since 2015 as fears over the looming economic crisis in Turkey spreads to other emerging economies. Rupiah weakened 0.97...

Criticising Indonesia’s Poverty and Inequality Reduction

JAKARTA (TheInsiderStories)--As Indonesia poverty rate reached a record low, the government wasted time to claim victory while oblivious about the issue of income inequality. Central...

Bank Indonesia Sees 5.2% GDP Growth in Q2/2018

JAKARTA (TheInsiderStories)--Bank Indonesia estimated economic growth might reach 5.2 per cent in the second quarter this year, said Bank Indonesia’s governor Perry Warjiyo on...

Indonesian Govt. will not Revise 2018 State Budget

JAKARTA (TheInsiderStories)--Indonesian government decided not to revise the 2018 state budget although some assumption including rupiah currency against US Dollar and oil price are...

Indrawati Admits 2017’s Growth Could Be below Target

JAKARTA (TheInsiderStories) – With only a couple of days left before the New Year, Finance Minister Sri Mulyani Indrawati expressed her doubt that the...

Indonesia’s Sovereign Bond Attains Best Performance This Year

JAKARTA (TheInsiderStories) - With the growing appetite for emerging market debt and in the hunt for better yields, Indonesian sovereign bonds have been popular...

After Google, Government Now Targeting OTT Tax Collection

JAKARTA (TheInsiderStories) – The Indonesian Finance Minister Sri Mulyani Indrawati has confirmed that after pressuring Google to settle its tax obligation, the government will...

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...

Sri Mulyani Races to Meet the Tax Target

JAKARTA (TheInsiderStories) - Eight months after the government completed an amnesty program that allowed tax-dodging Indonesians an opportunity to come clean on their back...

What’s Next After Tax Amnesty?

JAKARTA (TheInsiderStories) - The Indonesian government has just completed the largest tax amnesty program in the country’s history. The policy was intended to raise...

Minister Sri Mulyani May Lift Ban on JP Morgan

JAKARTA (TheInsiderStories) - Indonesia Minister of Finance Sri Mulyani said that the ministry may soon lift ban on JPMorgan Chase & Co and reinstates...

State Budget Review: Sustaining The Economic Growth momentum

JAKARTA (TheInsiderStories) - Sustaining the momentum of economic growth is the theme of the 2018 state budget, according to Finance Minister Sri Mulyani Indrawati, even as...

State Budget Review: Need Creativity on Revenue’s Sources

JAKARTA (TheInsiderStories) - Over reliance on tax revenue to finance state budget raises question on the President Joko Widodo’s administration to achieve higher economic growth and...

IMF: 35 Members Pledge US$340 Billion to Reserves

JAKARTA (TheInsiderStories) - Twenty-five members of the International Monetary Fund (IMF) have reportedly committed a total of SDR243 billion (US$340 billion) in bilateral borrowed resources, at...

President Widodo’s 3rd Year: Freeport Proofs of Government Negotiation Toughness

JAKARTA (TheInsiderStories) - The Indonesian government and U.S mining giant Freeport-McMoRan Inc. are still facing off, far apart on a mutually-agreeable deal with contract renegotiation ongoing. Likely...

Mysterious Indonesian Jumbo Guernsey-Singapore Transfer Revealed

JAKARTA (TheInsiderStories) - The Indonesia Finance Ministry, through the Directorate General of Tax has revealed the results of an investigation of a ‘mega-transfer’ of US$1.4 billion...