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Indonesia to lower threshold for import taxes on e-commerce goods

PT VUI : Doing Business in Indonesia Posted on December 28, 2019 by Herlina HoDecember 28, 2019

The government will lower the threshold at which it begins to impose import taxes on consumer goods sold via e-commerce to just $3 (about Rp 42,000), from $75, to control purchases of cheap foreign products and protect small domestic firms, … Continue reading →

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Posted in Indonesia Imports | Tagged E-commerce, imports, tax

Government, businesspeople hope omnibus bills passed by April

PT VUI : Doing Business in Indonesia Posted on December 19, 2019 by Herlina HoDecember 19, 2019

The government wants the discussions in the legislature over the drafts of the first two omnibus bills to start by mid-January so they can be passed into law by April. Coordinating Economic Minister Airlangga Hartarto said the omnibus bills on … Continue reading →

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Posted in Real Estate | Tagged Airlangga-Hartarto, job-creation, Kadin, omnibus-bill, omnibus-law, small-and-medium-enterprises, SMEs, taxation

ICT sector gains strength as Indonesia prioritizes digital economy

PT VUI : Doing Business in Indonesia Posted on December 10, 2019 by Herlina HoDecember 10, 2019

A series of new digital infrastructure projects are strengthening Indonesia’s information and communications technology (ICT) sector as the country prioritizes the digital economy as an area of growth. In late September, Japanese telecom giant NTT announced it would invest US$500 … Continue reading →

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Posted in Real Estate | Tagged apps, data-center, Digital Economy, digital-payment, digital-platform, ICT, Industry-4-0, news-analysis

West, Central Java lead efforts to lure investors

PT VUI : Doing Business in Indonesia Posted on December 4, 2019 by Herlina HoDecember 4, 2019

The West Java and Central Java administrations are leading efforts to lure investors with their respective governors touring business forums and investment summits recently as President Joko “Jokowi” Widodo’s administration embarks on regulatory reforms to boost investment. For West Java, … Continue reading →

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Posted in Indonesia Investment | Tagged BKPM, Central-Java, deregulation, FDI, foreign-direct-investment, investment, Minimum Wage, West-Java

Indonesia has to get its act together to benefit from trade war: Fitch

PT VUI : Doing Business in Indonesia Posted on November 26, 2019 by Herlina HoNovember 26, 2019

The trade tensions between the United States and China have dragged down global economic growth and resulted in the relocation of many production facilities. In the financial market, high-yielding emerging market assets have become the destination to invest in for … Continue reading →

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Posted in Indonesia Economy | Tagged Indonesia Economy & Business, Indonesia Investment

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Recent News on Indonesian Business & Investment News

  • Indonesia to lower threshold for import taxes on e-commerce goods December 28, 2019
  • Government, businesspeople hope omnibus bills passed by April December 19, 2019
  • ICT sector gains strength as Indonesia prioritizes digital economy December 10, 2019
  • West, Central Java lead efforts to lure investors December 4, 2019
  • Indonesia has to get its act together to benefit from trade war: Fitch November 26, 2019
  • ‘Stop making new rules and ease investment’, Jokowi tells regional leaders November 14, 2019
  • Asian lenders buy local banks as Indonesia relaxes investment policy November 5, 2019
  • Digital Mediatama shares among foreign investors’ top picks October 30, 2019
  • West Java remains one of Indonesia’s top investment destinations October 22, 2019
  • WhatsApp in talks to bring WhatsApp Pay to Indonesia October 17, 2019
  • Indonesian Eximbank agrees to guarantee Permata’s export loans October 9, 2019
  • Government pushes for diversified agricultural investments away from palm oil September 30, 2019
  • Reasons to Invest in Indonesia September 24, 2019
  • Jokowi ready with bold reform agenda to lure foreign investment September 17, 2019
  • Govt, House agree on 2020 economic growth target of 5.3% September 3, 2019
  • Finding the wise way to reduce plastic waste both for consumers and producers August 22, 2019
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