JAKARTA Indonesia is drafting new rules to impose value added tax to online products and services provided by offshore companies, as authorities target a bigger slice of revenue from the country's fast-growing digital market, a top tax official told Reuters.
JAKARTA, July 12 Indonesian business groups want
the government to hike tariffs on Chinese steel to rein in cheap
imports, as the Southeast Asian country's top steel producer
said its restructuring would bring large layoffs.
JAKARTA Indonesia has asked China to set up a special fund within its Belt and Road Initiative (BRI) for investment in Southeast Asia's largest economy, after offering China projects worth $91 billion (72.41 billion pounds), government officials said on Wednesday.
JAKARTA Indonesia's Constitutional Court on Thursday upheld the victory of President Joko Widodo in April's election, dismissing allegations by the opposition that the vote to lead the world's third-biggest democracy was rigged.
* BI governor says rate cut a "matter of timing and
JAKARTA, May 31 After aggressively hiking rates
six times last year, Bank Indonesia (BI) signalled this month it
could follow other central banks in Asia by easing in a bid to
fire up flatlining growth in Southeast Asia's biggest economy.
JAKARTA Calm returned to the streets of the Indonesian capital on Thursday after a second night of clashes between security forces and protesters angry about the outcome of last month's election, which handed President Joko Widodo a second term.
JAKARTA, May 16 Indonesia's central bank on
Thursday kept its key interest rate unchanged as expected, while
the governor hinted he wants to cut but cannot do it yet given
the country's current account gap and global uncertainties.
JAKARTA Indonesia's economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum.
JAKARTA Indonesia's gross domestic product grew more slowly than expected in the first quarter of this year, as investment dropped and prices of its main commodities softened, data from the statistics bureau showed on Monday.