Imports in September down 8.78 percent: BPS

Jakarta (ANTARA News) – The value of imports in September, which amounted to US$11.30 billion, has dropped by 8.78 percent compared with the previous month, which was US$12.38 billion, the Central Bureau of Statistics (BPS) has said. “Indonesias imports in…

Cost Recovery Bill Provides Fiscal Incentives: Minister Luhut

TEMPO.CO, Jakarta – Coordinating Minsiter for Maritime Affairs Luhut Binsar Pandjaitan said that the draft revision on cost recovery includes a number of fiscal incentives. Luhut added that the Energy and Mineral Resources Ministry can now propose such incentives, not only…

House approves Rp40,7 trillion budget for finance ministry

REPUBLIKA.CO.ID, JAKARTA — Indonesia’s Commission XI on financial affairs of the House of Representatives (DPR) has approved Rp40.7 trillion worth of allocation in the draft 2017 state budget for the Finance Ministry. The budget of Rp40.7 trillion was approved after…

Doubts Cast Over Illegal Levy Taskforce

TEMPO.CO, Jakarta – Ahmad Alamsyah Saragih, a commissioner of the Indonesian Ombudsman expressed his concerns about the effectiveness of the special taskforce on illegal levies in eradicating the illicit practices. Alamsyah asserted that the taskforce will only be effective in three…

Coal stock rally may last until mid-2017

Prima Wirayani The Jakarta Post The ongoing domestic coal stock rally may only last until the middle of next year as the recent surging price of coal is seen as temporary, analysts say. The Chinese government’s recent decision to curb…

Halal Draft Bill Shows No Sign of Completion

TEMPO.CO, Jakarta – Siti Aminah, head of the halal product sub-directorate at the Religious Ministry said that the government regulation on the halal guarantee is nowhere near finalization as not many halal certificates are attached on pharmacy products. “Not all pharmacy…

Indonesian foreign debts US$323 billion

Jakarta (ANTARA News) – Bank Indonesia reported that the Indonesian foreign debts grew 6.3 percent on-year to US$323 billion in August, 2016, slower than last year growth of 6.6 percent. Short term foreign debts and private sector debts declined, but…


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Imports in September down 8.78 percent: BPS

Jakarta (ANTARA News) – The value of imports in September, which amounted to US$11.30 billion, has dropped by 8.78 percent compared with the previous month, which was US$12.38 billion, the Central Bureau of Statistics (BPS) has said. “Indonesias imports in…

Cost Recovery Bill Provides Fiscal Incentives: Minister Luhut

TEMPO.CO, Jakarta – Coordinating Minsiter for Maritime Affairs Luhut Binsar Pandjaitan said that the draft revision on cost recovery includes a number of fiscal incentives. Luhut added that the Energy and Mineral Resources Ministry can now propose such incentives, not only…

House approves Rp40,7 trillion budget for finance ministry

REPUBLIKA.CO.ID, JAKARTA — Indonesia’s Commission XI on financial affairs of the House of Representatives (DPR) has approved Rp40.7 trillion worth of allocation in the draft 2017 state budget for the Finance Ministry. The budget of Rp40.7 trillion was approved after…

Doubts Cast Over Illegal Levy Taskforce

TEMPO.CO, Jakarta – Ahmad Alamsyah Saragih, a commissioner of the Indonesian Ombudsman expressed his concerns about the effectiveness of the special taskforce on illegal levies in eradicating the illicit practices. Alamsyah asserted that the taskforce will only be effective in three…

Coal stock rally may last until mid-2017

Prima Wirayani The Jakarta Post The ongoing domestic coal stock rally may only last until the middle of next year as the recent surging price of coal is seen as temporary, analysts say. The Chinese government’s recent decision to curb…

Halal Draft Bill Shows No Sign of Completion

TEMPO.CO, Jakarta – Siti Aminah, head of the halal product sub-directorate at the Religious Ministry said that the government regulation on the halal guarantee is nowhere near finalization as not many halal certificates are attached on pharmacy products. “Not all pharmacy…

Indonesian foreign debts US$323 billion

Jakarta (ANTARA News) – Bank Indonesia reported that the Indonesian foreign debts grew 6.3 percent on-year to US$323 billion in August, 2016, slower than last year growth of 6.6 percent. Short term foreign debts and private sector debts declined, but…

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