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 →
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 →
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 →
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 →
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 →