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Category Archives: Indonesia Business

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14th Economic Policy Packages to Regulate E-Commerce

PT VUI : Doing Business in Indonesia Posted on September 28, 2016 by Herlina HoSeptember 28, 2016

The government is currently formulating the 14th economic policy package. Cabinet Secretary Pramono Anung said the policy package will regulate e-commerce and digital economy. “A presidential regulation is being prepared,” Pramono said Tuesday at the compound of the Presidential Palace in Jakarta. … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment | Tagged Economic Packages Indonesia, Indonesia Economic Outlook, Indonesia Investment

BKPM, Police Guarantee Investment Security

PT VUI : Doing Business in Indonesia Posted on September 20, 2016 by Herlina HoSeptember 20, 2016

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 →

Posted in Indonesia Business, Indonesia Investment | Tagged Indonesia Finance, Indonesia Investment

Ministry asks Google to set up permanent establishment and pay tax

PT VUI : Doing Business in Indonesia Posted on September 19, 2016 by Herlina HoSeptember 19, 2016

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 →

Posted in Indonesia Business, Indonesia Investment, Indonesia Taxes | Tagged Indonesia Finance, Indonesia Investment, Indonesia Labor Law, Indonesian Tax System

Finance Ministry projects growth to reach 5 percent this year

PT VUI : Doing Business in Indonesia Posted on September 14, 2016 by Herlina HoSeptember 14, 2016

The Finance Ministry has predicted that Indonesias economic growth will stay at 5.0 percent this year due to several factors including spending cut. “One of the triggering factors is government consumption which falls to 3 percent due to spending cut,” … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia GDP | Tagged Indonesia : Growth potential, Indonesia Economic Outlook, Indonesia Growth

2017 Investments Projected to Grow 6.2%

PT VUI : Doing Business in Indonesia Posted on September 8, 2016 by Herlina HoSeptember 8, 2016

A research by Institute of Chartered Accountants in England and Wales (ICAEW) report titled Economic Insight: Southeast Asia projects Indonesia’s actualized investments to reach 6.2 percent next year. The projection is based on the assumption that the economy will grow … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Investment | Tagged Indonesia : Growth potential, Indonesia Economic Outlook, Indonesia Finance, Indonesia Investment

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