Lawmakers approved on Wednesday the economic growth target for 2017 with little objection, a signal that lawmakers now see eye-to-eye with the government on next year’s challenging economic situation. The decision was made at the House of Representatives’ Budget Committee … Continue reading →
Waskita Karya Toll Road, a subsidiary of state-controlled construction company Waskita Karya, has given Rp 47.2 billion ($3.6 million) to Ngawi Kertosono Jaya, the company’s joint venture with state toll road operator Jasa Marga, to help finance a section of the … Continue reading →
The Investment Coordinating Board (BKPM) and the National Police signed a work guide to ensure protections and securities for the business sector. BKPM head Thomas Trikasih Lembong said that investment activities must be continuously supported to improve the country’s economy. … Continue reading →
The Communication and Informatics Ministry has urged Google to pay tax in Indonesia and set up a permanent establishment just as the US-based technology provider has done in several other countries. “We have told Google to apply the same norms … Continue reading →
News that Singapore will report tax amnesty participants as criminals is false, Finance Minister Sri Mulyani said. The clarification came after taxpayers voiced concern that Singapore will report them as criminals if they take part in the tax amnesty program … Continue reading →