Children’s Education: Singaporeans Biggest Spenders, But More Indonesians Paying
When it comes to spending on their children’s education Singaporeans are the biggest spenders in Asean according to a recent survey by HSBC, but Indonesia has the highest proportion of parents paying for private tuition.
— AEC News Today
Indonesia raises 17.5 trillion rupiah of bonds, above target
The government sold T-bills maturing in December 2017 with a weighted average yield of 4.53030 percent, lower than 4.90700 percent at the last auction on Sept. 5.
Indonesia to trace and tax assets hidden during amnesty
Indonesia’s government has issued new regulations aimed at tracing and taxing the wealth of taxpayers who were not pardoned in the nine-month tax amnesty that ended in March.
— Straits Times
Indonesia Won’t Cede Asia’s Top Spot for Long
Religious differences this year have held back gains in Asia’s best performing market, but they won’t stifle the country’s long-term growth.
Tech investment value in Indonesia might outgrow its oil & gas investment: Google-A.T. Kearney
Tech investment in the Indonesian market has grown from US$1.4 billion in 2016 to US$3 billion in January-August 2017
Anti-communist mob attacks Indonesia meeting, 22 arrested
A mob opposed to public discussion of Indonesia’s 1965 massacre of communists tried to force its way into a Jakarta building where they believed communists were meeting, injuring five policemen.
— Fox News
Malaysia, Indonesia need to invest more in Islamic finance
MALAYSIA and Indonesia need to invest more in Islamic finance to ensure their offerings are on par with conventional offerings, said HSBC Amanah Malaysia Bhd today.
— The Malaysian Insight
YouTube Go launched in Indonesia
Available for download through the Play Store, the app is said to offer users with a poor internet connection reduced data consumption.
— The Jakarta Post
Nickel prices fall towards one-month lows
However, rising exports of nickel ore from Indonesia, another top producer, are expected to cap prices. To date, Indonesia has issued export permits for 8.2 million tonnes of annual nickel ore exports.
Government mulls increasing ceiling on import taxes
The government is considering to increase the ceiling for import taxes on goods purchased in other countries by travelers, currently US$250 for individuals and $1,000 per family.
— The Jakarta Post
Government deregulates several policies for foreign cruise ships
The government has come up with easier regulations for cruise ships and yachts that wish to enter Indonesia, one of them is online registration
— The Jakarta Post
Container Freight Tariffs for East Indonesia Raised by Shipping Firms
Indonesia’s private shipping companies have raised tariffs for container freight to the eastern region of Indonesia by 25 percent.
— Indonesia Investments
LinkedIn Releases Indonesia’s First Power Profiles List
LinkedIn, a business-oriented social networking service, announced on Tuesday (19/09) the release of the first LinkedIn Power Profiles in Indonesia, listing most-viewed professionals in the technology sector.
— Jakarta Globe
Indonesian startup investment hits US$3bil in 2017: Google – AT Kearney
INVESTOR confidence in Indonesia’s startup market is rising with investment growing 68 times over the past five years to reach US$1.4 billion in 2016 and jumping to US$3 billion in the first eight months of 2017.
— Digital News Asia
Xendit collaborates with CyberSource to simplify payments in Indonesia
One of the world’s largest providers of eCommerce payment management services, has collaborated with Xendit, a fast-growing payment service based in Indonesia.
— Business Insider
Indonesia, Sri Lanka to form parliamentary cooperation group
Indonesia and Sri Lanka will soon set up a parliamentary cooperation group to further strengthen cooperation between the two countries in various fields such as politics, economy, and culture.
Indonesia, US to improve flight safety in Papua
The Air Transportation Directorate General and the Embassy of United States of America to Indonesia will cooperate to improve the flight safety in the latter countrys eastern region, mainly in Papua province.
Indonesian court orders Australia into mediation over children held in adult jails, detention centres
The Central Jakarta District Court has ordered the Australian Government enter mediation in a case involving 115 Indonesians who allege they were juveniles when they were detained in adult jails and detention centres in Australia.
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Indonesia morning news by AEC News Today is your one stop source for Indonesia news on matters of governance and policies affecting Asean business communities and is published M-F by AEC News Today: Governance, not government; policies not politics.