Indonesia does not collect taxes from rich people optimally: Sri Mulyani
Finance Minister Sri Mulyadi Indrawati has admitted that the Directorate General of Taxation has not been able to optimally collect taxes from rich people because of regulation constraints.
— The Jakarta Post
Whatever happened to Indonesia’s mighty oil and gas industry?
Once a cornerstone of the economy, Indonesia’s oil and gas sector is in a slump, even as the country’s appetite for energy soars.
— Straits Times
Indonesia’s Chinese population fears rising ethnic tensions
Old wounds reopen in Muslim-majority nation as politicians and radicals stoke hostility
— Financial Times
Indonesia plans to cut domestic sedan sales tax, aims to buoy production
Indonesia plans to lower taxes on domestic sedan sales in a bid to promote the country, the biggest car market in Southeast Asia, as a manufacturing hub for sedans, a finance ministry official told Reuters on Monday.
Indonesia’s motorbike sales post record high in July
The figure was rebounded from a fall in June, which contracted 27 percent to 379,467 units from a year ago.
ENMP to construct 600MW combined-cycle power plant in Indonesia
The LNG terminal and power plant are estimated to see a total investment of $980m.
— Energy Business Review
Facebook Launches Its Indonesian Headquarter
Facebook Indonesia declared its local existence today, August 14, during the inauguration of its Indonesian headquarter.
— Tempo (EN)
Indonesia leads VC deals in emerging markets since 2012: CB Insights
Indonesia has accounted for the most venture capital (VC) deals among emerging startup markets since 2012, outpacing rivals such as Poland, Austria, Malaysia, Turkey, and Taiwan, a CB Insights report revealed.
— Deal Street Asia
Minister Says Indonesia Free from Poverty by 2045
The optimism is based on the fact that Indonesia’s economy continues to improve.
— Tempo (EN)
What It Takes for Indonesia to Reap High Economic Growth in Subsequent Decades
The reindustrialization policy must be implemented to achieve high economic growth in the subsequent decades, Head of the National Development Planning Agency, Bambang Brodjonegoro stated.
— Netral News
Korean Consortium Signs Final Contract for Jakarta Light Railroad
The project is the first phase of a light railroad project at the center of Jakarta being pushed forward with by the Jakarta Provincial Government. The first phase (5.8km) of 110km will be completed in August of next year.
— Business Korea
Indonesia, Vietnam to boost trade and investment
Indonesia and Vietnam have given significant attention to increasing bilateral trade and investment and cooperation to improve the quality of pepper and the management of the worlds rubber market
Indonesia to lift ban on import of Pakistani Mango
Indonesia has agreed to lift the ban on import of Pakistani Mango as well as the export of Kinnow for the full season.
— Pakistan Today
55 dead in war on drugs in Indonesia
A total of 55 Indonesian and foreign nationals were killed by law-enforcement agencies without judicial process between January and August this year, according to Amnesty International.
— The Star
About 20 Indonesian domestic workers on Hong Kong police watch list over Islamic State links
Hong Kong police are monitoring about 20 Indonesian domestic workers in the city out of a list of 43 that a think tank said were linked to terror group Islamic State
— South China Morning Post
Indonesia to question 18 citizens who escaped IS in Syria
At least 18 citizens who escaped the Islamic State militant group in Syria will be questioned by the Indonesian counter-terrorism agency BNPT
— Business Standard
Indonesia’s Joko accused of aping Duterte in war on drugs
Human rights activists have accused Indonesian President Joko Widodo of taking cues from Filipino counterpart Rodrigo Duterte’s bloody war on drugs, following a spike in the number of extra-judicial killings of suspected drug dealers.
— The Australian
‘Indonesia 1998’: A satirical illustration of the country’s past
Mice said the 125 pages of Indonesia 1998 were not about politics but “a portrait of events that happened post-reformation.
— The Jakarta Post
KPK Says Death of Witness Will Not Derail Investigation
Indonesia’s anti-corruption commission said on Saturday (14/08) the death of a witness in a graft investigation implicating dozens of politicians will not derail its probe
— Jakarta Globe
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