BUSINESS

Redemption Under Tax Amnesty Program Rises To Rp107 Trillion

Redemption under the tax amnesty program totaled Rp107 trillion until the end of 2016 or the second phase of the program.The ...

Significant Growth Recorded by Indonesian Insurance Industry in 2016

A significant growth was recorded for Indonesia's insurance industry in 2016, the Indonesian Association of Life Insurance ...

Indonesia Prepared to Become Part of Global Supply Chain

Indonesia is committed to integrating its manufacturing sector into the worldwide network of companies producing, handling, and ...

Bappenas Outlines Priority in National Development in 2017

The National Development Planning Board (Bappenas) said the country would focus national development on three main sectors to ...

Indonesia's Economy Grows More Than 5 Percent in 2016

Indonesia is estimated to post a positive growth of more than 5 percent in its macro economy in 2016, an academician has ...

Retail Sales Predicted to Rise 10 Percent in 2017

Retail sales in Indonesia are predicted to grow 10 percent to Rp219 trillion year-on-year in 2017 not including sales of ...

Economic Gap Continues On Economic Risks, Poor Innovation: Minister

Finance Minister Sri Mulyani Indrawati said economic gap in Indonesia has continued to widen on accumulation of factors such as ...

President Says High Electricity Prices Due to Unnecessary Costs

President Joko Widodo (Jokowi) revealed on Tuesday that the price of electricity in Indonesia was higher compared to other ...

New Rupiah Represents Indonesia's Diversity

On December 19, President of the Republic of Indonesia officially launched 11 (eleven) Rupiah banknotes for the 2016 Emission ...

VP Kalla Banks on Google`s Goodwill In Tax Issue

Vice President M. Jusuf Kalla said he hopes the international tech firm Google would pay up advertisement tax as its ...