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Category Archives: Indonesia Finance

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Indonesia reaches tax deal with Google: Finance Minister

PT VUI : Doing Business in Indonesia Posted on June 14, 2017 by Herlina HoJune 14, 2017

The government has reached a tax settlement with United States-based tech giant Google for 2016 for an “undisclosed figure” following a long dispute over allegations that the firm had avoided paying adequate taxes. “We already have an agreement with them … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Information Technology, Indonesia Taxes | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesian Tax System

Jakarta, Rotterdam to develop Jakarta Bay

PT VUI : Doing Business in Indonesia Posted on June 14, 2017 by Herlina HoJune 14, 2017

The government of Jakarta Province is cooperating with Rotterdam City, the Netherlands, in connection with a plan to develop Jakarta Bay. The cooperation will be carried out through the signing of a minutes of agreement (MoA) between Jakarta and Rotterdam … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Public Work | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Infrastructure, Indonesia Public Work

Biznet invests $100m for fiber optic expansion this year

PT VUI : Doing Business in Indonesia Posted on June 12, 2017 by Herlina HoJune 12, 2017

Internet service and network provider Biznet is expanding its fiber optic network and customer base. “To help build modern infrastructure to reduce the country’s digital gap, Biznet has prepared US$100 million this year,” it said in a statement on Friday. … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Information Technology, Indonesia Investment | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Information & Technology, Indonesia Investment

Indonesia Offers $30.5b Worth of Infrastructure Projects at Nomura Investment Forum Asia

PT VUI : Doing Business in Indonesia Posted on June 9, 2017 by Herlina HoJune 9, 2017

Indonesia offered investment opportunities in 35 infrastructure projects worth $30.5 billion at this year’s Nomura Investment Forum Asia, which took place in Singapore this week, National Development Planning Minister Bambang Brodjonegoro said in a statement on Wednesday (07/06). “Infrastructure development … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Indonesia State Budget | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Investment, Indonesia Public Housing, Indonesia Public Work, Indonesia State Budget

Indonesia`s forex reserves up $1.7 billion to $124.95 billion as of late May

PT VUI : Doing Business in Indonesia Posted on June 9, 2017 by Herlina HoJune 9, 2017

Indonesias foreign exchange reserves rose by US$1.7 billion to US$124.95 billion as of late May 2017, fueled by a rise in tax receipts and foreign exchange earnings from oil and gas exports, according to Bank Indonesia (BI). Proceeds from the … Continue reading →

Posted in Indonesia Business, Indonesia Economy, Indonesia Finance, Indonesia Foreign Exchange | Tagged Indonesia Economy & Business, Indonesia Finance, Indonesia Forex

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