Eastspring Paves Way for Indonesians to Invest in Alibaba, Tencent

Eastspring launched Eastspring Syariah Greater China Equity USD on June 15 to Standard Chartered Bank Customers.

#CORPORATE NEWS

Grab Seeks an Appeal Against Indonesia's Antitrust Decision

KPPU found Grab Indonesia and its car-rental partner guilty for discriminating against some independent drivers.

JULY 04 #CORPORATE NEWS

Air Travel Suffers Steepest Fall Due to Pandemic

International flights were particularly hit by the crisis because many countries had imposed lockdown.

JULY 01 #TRANSPORTATION

Indonesia Welcomes $38b Factories Relocation From China to C. Java

President Joko "Jokowi" Widodo vows not to repeat last year's mistake that saw 33 companies choose neighboring countries over Indonesia. 

JULY 01 #MANUFACTURING

Indonesian Listed Companies to Pay Lowest Tax Rate in Southeast Asia

Some of Indonesia's listed companies will enjoy a lower income tax rate of 19 percent this year and next year, and 16 percent in 2022

JUNE 28 #ECONOMY

Grab Helps Indonesia Economy Become More Resilient, Study Shows

A CSIS study shows that Grab services added $5.45 billion to the Indonesia's economic output in 2019.

JUNE 26 #TRANSPORTATION

Businesses Should Advance Sustainably Toward New Normal: IBCSD

Businesses should implement SDGs in their framework as they transition to a "new normal."

JUNE 26 #ECONOMY

VISION

Local Batik Artisans Turn Masks to Fashionable Gear

Tenants of Marunda Apartment put artistic value on face masks with hand-made Batik patern.

#EYEWITNESS

Indonesian Consumers Prefer Socially Conscious Brands: Study

Study finds that a new segment of 'consciouslites' will dominate future market.

JUNE 25 #ECONOMY

IMF Cuts Indonesia's Growth Projection

The IMF says the largest economy in Southeast Asia would shrink by 0.3 percent in 2020 before growing by 6.1 percent in 2021. 

JUNE 25 #ECONOMY

Indonesia-Turkey in Talks for Infrastructure Cooperation

Future projects might include road construction, clean water and sanitation, water sources and housing.

JUNE 25 #ECONOMY

McKinsey Confident of Major Indonesian Companies' Resilience Against Pandemic

Corporations could adopt initiatives in digital adoption, regionalization of supply chains, and diversification to fix their performance.

JUNE 22 #ECONOMY

Your Covid-19 Donations Now Tax Deductible

The government also grants tax cuts to health supplies makers, health workers, and corporations buying back shares during the pandemic.

JUNE 21 #POLICY

Two Capital Assistance Schemes Available for Tourism and Creative Economy Industry

Game developer, craft, fashion, culinary, film, and homestay and businesses in a tourist area have the best chance to get the loans

JUNE 20 #POLICY

Bank Indonesia Cuts Interest Rate, Eyes More by Year End

The decision came after Indonesia experienced its lowest inflation in almost two decades and foreign capital returned to the country.

JUNE 19 #ECONOMY

Stimulus Spending Faces Delays as Indonesia Braces for Q2 Contraction

The government has allocated $49 billion – 4 percent of the GDP – for a stimulus package under the National Economic Recovery program.

JUNE 17 #ECONOMY

Indonesia Posts More Surplus as Pandemic Curbs Raw Material, Capital Goods Imports

The trade balance swung to a $2.09 billion surplus in May from a $345 million deficit a month earlier.

JUNE 15 #TRADE

Valvoline Announces Long Term Partnership with Sevilla FC

Valvoline logo appears on the sleeve of Sevilla's first team.

JUNE 14 #CORPORATE UPDATES

'She Is Still the Best': Gov't Keeps Nicke Widyawati at Pertamina

Nicke will lead the state energy firm transformation into a holding company of several publicly listed subsidiaries in the next two years. 

JUNE 13 #CORPORATE NEWS

Indonesia Bound for U-Shaped Recovery: Report

Even without a second Covid-19 wave, Indonesia would struggle to reach its pre-pandemic economic trajectory.

JUNE 12 #ECONOMY

Garuda Secures Approval to Extend Bond Payment

Close to 91 percent of the flag carrier's bondholders approve the extension. 

JUNE 11 #CORPORATE NEWS