• State Budget Indonesia: Realization & Performance in Q1-2018

    State Budget Indonesia: Realization & Performance in Q1-2018

    The Indonesian government expects the nation's gross domestic product (GDP) to have expanded 5.2 percent year-on-year (y/y) in the first quarter of 2018. Indonesian Finance Minister Sri Mulyani Indrawati detects a strengthening domestic economy, supported by improved tax income and improved government spending in Q1-2018.

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  • IPO News: Indah Prakasa Sentosa's Debut on the Indonesia Stock Exchange

    IPO News: Indah Prakasa Sentosa's Debut on the Indonesia Stock Exchange

    Indonesia-based trade, transportation and logistics services provider Indah Prakasa Sentosa became the fifth company to complete its initial public offering (IPO) on the Indonesia Stock Exchange in 2018. On Friday (06/04) the company made its trading debut on the local bourse, surging 50 percent to close at IDR 414 per share along the way. After the listing of Indah Prakasa Sentosa there are now 570 publicly-listed companies in Indonesia.

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  • Investment in Indonesia: Investors Await Tax Incentives & Tax Holiday

    Investment in Indonesia: Investors Await Tax Incentives & Tax Holiday

    Investors are awaiting a series of fiscal incentives from the Indonesian government, including a new tax holiday. Meanwhile, investors also urge the government to improve the investment and business climate by simplifying the process and procedures to obtain permits for investment projects. This also includes improving the coordination between central and regional authorities, for example through the integration of the permitting process at both levels.

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  • Views & Background of Bank Indonesia's New Governor Perry Warjiyo

    Views & Background of Bank Indonesia's New Governor Perry Warjiyo

    Chances are big that Perry Warjiyo will become the next governor of Indonesia's central bank (Bank Indonesia). On Wednesday (28/03) Warjiyo, the sole nominee of Indonesian President Joko Widodo to replace incumbent Bank Indonesia Governor Agus Martowardojo after the latter's term ends in May 2018, appeared before the House of Representatives' (DPR) financial commission for a "fit and proper" test.

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