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Category Archives: Indonesia Investment

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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

Government to build 769 km new roads

PT VUI : Doing Business in Indonesia Posted on September 16, 2016 by Herlina HoSeptember 16, 2016

Minister of Public Works and Public Housing Hadimulyono Basuki said the government is targeting to complete the construction of 769 kilometers (km) of new roads, including the 158 km causeway along the south coast of Java. “Anyway, the pansela (the … Continue reading →

Posted in Indonesia Economy, Indonesia Investment | Tagged Indonesia Economic Outlook, Indonesia Finance, Indonesia Investment, Indonesia Toll Roads Projects

Don`t be pessimistic about growth in 2017: Minister

PT VUI : Doing Business in Indonesia Posted on September 15, 2016 by Herlina HoSeptember 15, 2016

Indonesias Coordinating Minister for Economic Affairs, Darmin Nasution, said there is no need to be overly pessimistic about economic growth, set to grow at 5.1 percent in 2017. “The estimation of a growth rate of 5.1, 5.2 or 5.3 percent … Continue reading →

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

Government to Auction 7 Mini Refinery Clusters

PT VUI : Doing Business in Indonesia Posted on September 13, 2016 by Herlina HoSeptember 13, 2016

The government will auction mini refinery projects in seven clusters that have been established in October or November 2016. According to the Energy and Mineral Resources Ministry, many contractors have expressed interest to build mini refineries. “We will try to … Continue reading →

Posted in Indonesia Economy, Indonesia Investment, Indonesia Oil & Gas | Tagged Indonesia Finance, Indonesia Investment, Indonesia oil & gas

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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