Business

‘No Immediate impact’ from Philippines’ New Coal Tax

The bill, which Duterte is expected to sign within the next few days, stipulates a significant hike in the import...

Dec 15 · 1 min read >

Bank Indonesia Launches National Payment Gateway

Bank Indonesia Launches National Payment Gateway. Meanwhile, four main e-money issuers—PT Bank Mandiri, PT Bank Central Asia (BCA), PT...

Dec 5 · 1 min read >

Four ASEAN Countries to Boost Connectivity Through BIMP-EAGA

During the meeting, the four ASEAN countries agreed to a number of priority infrastructure projects (PIPIs) worth US$21.4 billion...

Dec 5 · 1 min read >

Indonesia to Offer Tax Incentives to Manufacturing Industry: Minister

The government will offer a 200-percent tax allowance for the manufacturing industry, which wants to invest in vocation programs...

Nov 29 · 1 min read >

Meredith Corp to Buy Time Inc. for $2.8 Billion

Time Inc. is selling for $2.8 billion to media conglomerate Meredith Corporation, backed by the billionaire Koch brothers known...

Nov 28 · 1 min read >

German Drug Maker Fresenius Opens Plant in West Java

German Drug Maker Fresenius Opens Plant in West Java. The company invested Rp1 trillion (US$738.9 million) for the plant,...

Nov 26 · 1 min read >

Govt Breaks Ground on Phase 3 of Cisumdawu Toll Road Project

Arie said the project cost Rp2.24 trillion (US$165.6 million), which would be covered by a loan from China. “We still...

Nov 25 · 55 sec read >

East Java Top in Ease of Doing Business

Research conducted by the Asia Competitiveness Institute (ACI) has shown that East Java was top in ease of doing...

Nov 22 · 54 sec read >

Goldman Sachs Ordered to Pay $24 Million to Indonesia Tycoon

The South Jakarta District Court ordered Goldman Sachs Group to pay Rp320.8 billion ($24 million) in damages to the...

Nov 22 · 1 min read >

Jokowi Seeks Advice from World Bank

After the meeting, Chaves said the World Bank’s representatives had discussed details about the domestic and global economy with...

Nov 22 · 56 sec read >

Categories