Indonesia Officially Becomes an Upper Middle Class CountryIndonesia ExpatFebruary 24, 2022 by Indonesia ExpatFebruary 24, 202201332 Indonesia has been classified as an upper-middle-income country, the government has announced. “Today we have officially become a world middle...
Finance Ministry Increase Value Added TaxIndonesia ExpatFebruary 24, 2022 by Indonesia ExpatFebruary 24, 20220780 Finance Minister Sri Mulyani Indrawati has decided to increase Value Added Tax (VAT) from 10 to 11 percent, taking effect...
Indonesia’s Digital Economy Predicted Strongest in ASEANIndonesia ExpatFebruary 7, 2022 by Indonesia ExpatFebruary 7, 20220330 Vice President Ma’ruf Amin is encouraging all stakeholders to improve the digital economy sector so that the Indonesian economy can...
What Are Indonesia’s Biggest Exports?Indonesia ExpatOctober 28, 2021October 28, 2021 by Indonesia ExpatOctober 28, 2021October 28, 20210326 Much has been made of Indonesia’s breakneck economic growth over the past few years. Prior to 2020, Indonesia had been...
Positive Growth of 7.07 Percent, Indonesia Officially Out of RecessionIndonesia ExpatAugust 5, 2021August 5, 2021 by Indonesia ExpatAugust 5, 2021August 5, 20210820 The Indonesian economy has finally exited the recession. The end of the slump occurred as the Indonesian economy grew in...
Luhut: Economy Can Begin to Reopen in SeptemberIndonesia ExpatAugust 3, 2021 by Indonesia ExpatAugust 3, 20210792 Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has discussed the potential for reopening economic activities in September...
Jokowi: Avoid Foreign Products, Love LocalIndonesia ExpatMarch 5, 2021July 9, 2021 by Indonesia ExpatMarch 5, 2021July 9, 20210553 President Joko Widodo has urged Indonesians to avoid foreign products and love local products instead. The president hopes that the...
Minister Invites Entrepreneurs to Work from BaliIndonesia ExpatJanuary 30, 2021July 9, 2021 by Indonesia ExpatJanuary 30, 2021July 9, 202102013 Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno has invited entrepreneurs and professionals living in Indonesia to work from...
Indonesia Opens Opportunities for Foreign BanksIndonesia ExpatAugust 8, 2020July 9, 2021 by Indonesia ExpatAugust 8, 2020July 9, 202101361 According to Morgan Stanley’s research, the recent merger and acquisition trend shows that Indonesia is opening up more opportunities for...
Gojek Supports 120,000 BusinessesIndonesia ExpatAugust 4, 2020July 9, 2021 by Indonesia ExpatAugust 4, 2020July 9, 20210972 The Research Institute of Demography in the Faculty of Economics and Business has stated that micro, small, and medium enterprises...
Indonesia to Make Foreign-Owned Property EasierIndonesia ExpatJuly 24, 2020July 9, 2021 by Indonesia ExpatJuly 24, 2020July 9, 202107558 On Thursday 23rd July, a cabinet minister declared that Indonesia is set to relax property rules for foreign buyers. Foreigners...
Wishnutama: Tourism Industry must Apply Health Protocol in the New Normal EraIndonesia ExpatMay 17, 2020 by Indonesia ExpatMay 17, 202001208 Minister of Tourism and Creative Economy Wishnutama Kusubandio invites the tourism industry to apply health protocols to welcome a new...
COVID-19: Jakarta Closes Entertainment for Two WeeksIndonesia ExpatMarch 22, 2020March 22, 2020 by Indonesia ExpatMarch 22, 2020March 22, 202002134 Now that Jakarta is under emergency restrictions, the Jakarta Provincial Government will temporarily close 17 types of businesses in the...
Antam’s Gold Bars Rose to Rp15,000, Setting a RecordIndonesia ExpatMarch 7, 2020March 25, 2020 by Indonesia ExpatMarch 7, 2020March 25, 202002499 Antam‘s Logam Mulia, also known as precious metals and gold bars, rose Rp15,000 from the previous day, it was noted...
Go-Jek Contributed Rp55trillion to Indonesian EconomyIndonesia ExpatAugust 27, 2019 by Indonesia ExpatAugust 27, 201901655 Shinto Nugroho, Chief of Public Policy and Government Relations of Go-Jek, has said that her company is committed to helping...
An Economy Ripe for DisruptionIndonesia ExpatApril 25, 2018November 10, 2021 by Indonesia ExpatApril 25, 2018November 10, 202101666 Indonesia is undergoing rapid change and the rise of new technopreneurs is accelerating that change. New industries enabled by technology...
Taiwan’s New Southbound Policy for IndonesiaIndonesia ExpatJanuary 31, 2018November 10, 2021 by Indonesia ExpatJanuary 31, 2018November 10, 202101698 Taiwan’s current president Tsai Ing-wen, during her inauguration address in May 2016, revealed her goals for identifying a new direction...
Indonesia Pins Hopes on China for Bali Tourism RevivalSania RasyidJanuary 19, 2018 by Sania RasyidJanuary 19, 201801040 Following Indonesia’s tourism slump caused by the multiple eruptions on Mount Agung in Bali, the government says it is looking...
Indonesia Ranked Lowest Amongst Southeast Asian Neighbours in World Talent CompetitivenessSania RasyidNovember 21, 2017November 21, 2017 by Sania RasyidNovember 21, 2017November 21, 20170917 Indonesia has held its ranking at 47 in the world talent competitiveness index, making it the lowest ranked Southeast Asian...
Bank Danamon Shares Rise as Japanese Bank Eyes 40% StakeSania RasyidNovember 10, 2017November 10, 2017 by Sania RasyidNovember 10, 2017November 10, 201701168 Bank Danamon Indonesia’s shares in the stock exchange have jumped to the highest level in over four years on Thursday...
Indonesia Economy Could Exceed Expectation Next Year, Minister SaysSania RasyidOctober 30, 2017 by Sania RasyidOctober 30, 20170845 Indonesia may witness faster economic growth next year than it initially forecasts, according to Finance Minister Sri Mulyani Indrawati. The...