Indonesia economy has huge potency to recover from COVID-19
Luky Eko Wuryanto VIce President of AIIB Jakarta (ANTARA) - The economy of G-20 member Indonesia has huge potency to recover from the impacts of the ongoing COVID-19 pandemic, Asian…
Jakarta city skyline with urban skyscrapers at night. Jakarta, Indonesia
In major change, Indonesia set to relax property rules for foreign buyers
Agrarian and Spatial Planning Minister Sofyan Djalil JAKARTA - Indonesia is set to relax property rules soon to make it easier for foreigners to own homes in the country, a…
Hotel Indonesia Jakarta
Seven companies to relocate facilities to Indonesia, invest $850m
President Joko Widodo President Joko “Jokowi” Widodo announced on Tuesday that seven foreign companies had confirmed plans to relocate production facilities to Indonesia, mostly from China, an encouraging signal for…
World bank loan
World Bank approves $300 million loans for Indonesia’s financial sector
World Bank Group JAKARTA - The World Bank said on Monday it has approved a $300 million loan for Indonesia to assist in financial sector reforms. The loan will provide…
How to Set Up a Representative Office in Indonesia
Establishing a representative office is the fastest and simplest way to establish a legal entity in Indonesia. Representative offices are forbidden to earn any revenue and their activities are limited to…
Government plans a 2020 reform for expat taxation in Indonesia
Finance Minister Sri Mulyani Indrawati on Thursday shared the government’s planned tax reforms, which includes relaxing income tax for Indonesian and foreign expatriates as well as eliminating dividend tax in addition to reduced corporate income tax and…
The U.S. and Indonesian flags fly during a closing ceremony for exercise Cope West 17 at Sam Ratulangi International Airport, Indonesia, Nov. 11, 2016. This fighter-focused, bilateral exercise between the U.S. Marine Corps and Indonesian Air Force is designed to enhance the readiness of combined interoperability between the two nations. Cope West 17 is the first fighter-focused exercise in Indonesia in 19 years involving the U.S. Military and the Indonesian Air Force. (U.S. Marine Corps photo by Cpl. Aaron Henson)
U.S close to get Indonesia Trade Preference agreement talks in place
U.S. Commerce Secretary Wilbur Ross said on Wednesday, Nov. 6, Washington's review of a trade preference facility for Indonesia would conclude soon, and predicted "far more investment" by U.S. companies in Southeast Asia's…
Indonesia’s roads network plan will bring 5000Km in 5 years
Indonesia has announced an ambitious five-year target of building more than 5,000 kilometres of roads across the country. Focus will be on improving connectivity to seaports, industrial zones, tourist destinations…
Foregin Investors flockto indonesia
Foreign investors flock to Indonesia
Indonesia is fast becoming a favourite of foreign investors with the country receiving an all-time record high of US$29.3 billion in new foreign direct investment (FDI) in nearly 22,000 projects…
Pharmaceutical and highway construction the big winners from Jokowi splurge
Indonesian President Joko Widodo pledged to lift spending to a record next year as he sought to cushion the impact of an intensifying global trade war from further weakening growth…
