It is assumed by many that the Indonesian government does not make efficient use of the annual state budgets. This is also the reason why Indonesian President Joko Widodo stated recently that one of his key ambitions for the next five years is to make more efficient use of the state budget (“each rupiah of the state budget needs to be used productively”).
Update COVID-19 in Indonesia: 115,056 confirmed infections, 5,388 deaths (4 August 2020)
5 August 2020 (closed)
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The Today's Headlines section of Indonesia Investments is a daily updated section which contains the latest information with regard to topics that are currently causing headlines in Indonesia's media. Most of our headlines will cover political, economic and social matters. As a consequence of their recent nature, these topics may not have crystallized fully yet and can, therefore, lack a profound analysis. For publications with a more in-depth understanding of subjects, we refer you to our News, Financial or Business columns.
For the past couple of years we have often heard high government officials in Indonesia say that the country’s corporate income tax (in Indonesian: Pajak Penghasilan Badan, or PPh badan) is planned to be cut in an effort to attract more direct investment.
Coffee is one of the most popular beverages in the world. Many people start the day with a cup of coffee or have one – or more – cups of coffee at the office as its caffeine content prevents the onset (or continuation) of drowsiness, while other consumers like to enjoy a cup of coffee when relaxing at home, or, with friends in a café or coffee shop.
On Friday (08/11) Indonesia Investments released the October 2019 edition of its monthly research report. The report aims to inform the reader of the key political, economic and social developments that occurred in Indonesia in the month of October 2019 and also touches upon key international developments that impacted on the Indonesian economy.