BUSINESS

Indonesia and Japan Discuss Steps Toward Adopting AEOI

The Taxation Directorate General (DJP) of the Finance Ministry  and Japan's National Tax Agency (NTA) discussed steps ...

Ministry Orders 100 Ships from Local Shipyards

Transportation Minister Budi Karya Sumadi disclosed plan to order 100 ships from some local shipyards, including those in ...

Fluctuation of Rupiah Against Foreign Currencies Remains Stable: BI

The fluctuation of the rupiahs exchange rate against foreign currencies remains stable thanks to the countrys strong ...

Indonesian Economy may Grow 5.2 Percent This Year: Finance Minister

The Indonesian economy in 2017 may grow 5.2 percent or above the target of 5.1 percent by strengthening domestic sources of ...

AEOI Regulations To Be Issued, Goodbye To Banking Secrecy: Minister

Indonesia is set to adopt a tough policy against tax evasion after deadline of its tax amnesty program by the end of this ...

Indonesian Government's Debts Rp3,589.12 Trillion

The Directorate General of Financing and Risk Management of the Finance Ministry said by February, 2017, the government had a ...

Biofarma To Produce Breast Cancer Biosimilar At Lower Price

Vaccine producer Bio Farma said it would launch  and sell biosimilar specially for breast cancer at a cheaper price.Senior ...

Gas Supplies to Power Plants Should be Prioritized: President Jokowi

President Joko Widodo (Jokowi) has stated that gas supplies to power plants should be prioritized.The president made the remarks ...

Govt To Revitalize 4,000 Traditional Markets Until 2018

The Indonesian government has set itself the target of revitalizing 4,000 traditional markets across the country until 2018, ...

President Jokowi Optimistic of More Japanese Companies Investing in Indonesia

President Joko Widodo (Jokowi) has expressed hope that more Japanese industries would invest in Indonesia apart from Toyota ...