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Today's Headlines Tahir

  • Three Giant Businessmen Join Indonesia's Tax Amnesty Program

    Three Giant Businessmen Join Indonesia's Tax Amnesty Program

    The ambitious tax amnesty program of the Indonesian government received support from three influential Indonesian businessmen. The first, James Riady, Chief Executive of the Lippo Group (and son of Mochtar Riady, the founding father of this huge conglomerate), joined the program by handing over his tax declaration documents to Indonesia's Tax Office on Friday (02/09). This declaration took place in front of an audience consisting of Indonesian press and therefore may cause some momentum for the controversial program that experienced a sloppy start.

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  • Who Are the Richest Indonesians? Forbes March 2014 Rich List Released

    Who Are the Richest Indonesians? Forbes March 2014 Rich List Released

    Forbes magazine, an American business magazine, released its latest updated 'Indonesian rich list' on Tuesday (04/03), containing the names of those Indonesians that are assessed as the country's wealthiest people. Combined, the top ten of richest Indonesians hold USD $35.5 billion, which is roughly equal to one-third of Indonesia's total foreign exchange reserves at the end of February 2014, or, four percent of the country's gross domestic product (GDP) in 2013 (USD $878 billion).

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