9:01 pm November 21, 2014 | No Comment
Indonesia is falling behind its peers in helping companies to comply with their tax obligations in the past as it lacks the effort to simplify tax payments, according to the latest report from global consulting company PricewaterhouseCooper and the World Bank Group.
8:28 pm November 20, 2014 | No Comment
Mid-sized Indonesian lender Bank Mayapada Internasional plans to issue Rp 700 billion ($57 million) in subordinate bonds next month to strengthen its capital.
10:05 pm November 19, 2014 | No Comment
New York-based brokerage JPMorgan Chase expects Indonesian stocks to outperform their peers in Asia next year, citing positive sentiment toward the government’s policy of supporting a stable currency and accelerating economic growth.
9:12 pm November 17, 2014 | 6 Comments
[Updated at 10:40 p.m. on Monday, Nov. 17, 2014] Jakarta. Indonesia has raised subsidized fuel prices by an average Rp 2,000 per liter in an attempt to curb fuel usage and narrow the gaps in the current account and the state budget. The price for low-octane gasoline, or Premium, will rise to Rp 8,500 (70 […]
7:26 pm November 17, 2014 | No Comment
Indonesia may see a short-lived decline in car and motorcycle sales from higher subsidized fuel prices because the economy will continue to grow as funds from the subsidy are shifted into other programs, international rating agency Fitch Ratings says.
9:30 pm October 27, 2014 | No Comment
Telekomunikasi Indonesia, the country's largest telecommunications company, posted a 3.5 percent increase in profit for the first nine months of this year, on the back of rising revenue from its Internet and data services.
3:54 pm October 24, 2014 | No Comment
Property developer Agung Podomoro Land’s profit dropped 15 percent in the January-September period as sales declined amid a slowing economy and tight monetary policy.