Energy, Mining, Financial Services Holdings to be Formed First: SOE Minister

With the government set to no longer provide state-capital injections in 2017, state-owned enterprises are going to build holdings to dev...

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Local e-commerce not Fazed by Alibaba Expansion Plan

Local e-commerce company Bukalapak is not worried about Chinese giant Alibaba’s plan to expand into Indonesia as local players can still ...

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Grey Market for iPhone 7 Flourishes Online

A regulation requiring local content for smartphones sold in Indonesia is not stopping domestic sales of Apple’s new iPhone 7. Many loc...

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Trade Activities Remain Weak Despite New Spike in Surplus

Indonesia’s trade surplus hit the highest level in over a year in September due to a “temporary” spike in iron, steel and tin exports. ...

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Indonesia Sees US$1.2 Billion Surplus in September Trade

The Central Statistics Agency (BPS) has revealed that the country’s trade balance reached a US$1.22 billion surplus in September 2016, th...

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Mazda to Leave Indonesia, Hands Distribution to Eurokars

Mazda Motor Corporation has appointed Eurokars Motor Indonesia, a member of Eurokars Group, as the distributor of Mazda vehicles in Indon...

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Zimbabwe Seeks Indonesian Trade Partners

Zimbabwe is looking for Indonesian trade partners to supply goods to the country and develop their small and medium enterprises (SMEs). ...

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Exporters Rack Brains to Keep Business Going

As global trade remains under pressure, Indonesian exporters are being forced to rack their brains to keep their businesses going. Shor...

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Foreign Investors Get Double Gains from Indonesia Market

Indonesia has been one of the most lucrative investment destinations in the Asia-Pacific, given the positive performance of the stock ma...

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Govt Streamlines Regulations to Cut Dwell Times to 2.5 Days

The government is streamlining 14 pre-clearance regulations in a bid to cut Indonesia’s port dwell times to 2.5 days as targeted by Presi...

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ICAO Reaches Historic Aviation Emissions Agreement

Governments around the world reached a crucial climate agreement during an International Civil Aviation Organization (ICAO) meeting held ...

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Next Economic Package About E-Commerce, Digital Economy: Top Officials

The government will include e-commerce development in its 14th economic policy package, top officials said on Tuesday. "That's...

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Oil Regulation to be Revised to Ensure Supplies

The government is looking to increase investment attractiveness in the upstream oil and gas industry by revising a number of regulations de...

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Govt to Hire Private Land Assessors

Coordinating Economic Minister Darmin Nasution has announced that the government will hire private land assessors to speed up the nationw...

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Tax Amnesty Yet to Net Big Fish

The government’s tax amnesty bullets seem to be hitting the wrong targets as most people participating in the program so far are small ta...

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Trade Permit Process will Be Simplified, Minister Says

Trade Minister Enggartiasto Lukita promises to provide a faster system for processing trade licenses and warns to punish any official who...

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Tax Amnesty Realization Below Expectations: Finance Minister

The Finance Ministry has admitted that the realization of the country’s flagship tax amnesty during its first month of implementation was...

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Indonesians Expect Higher Returns but Invest for Shorter Periods

Good things come to those who wait. This old saying needs to be pointed out to local capital market investors as they expect the almost i...

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BI, IDX Close Until Next Monday

Bank Indonesia (BI) and the Indonesia Stock Exchange (IDX) will take a week-long break for the Idul Fitri national holiday and resume ope...

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ASEAN Open Skies Create Huge Market for Aviation Industry

The airline industry expects the Southeast Asian market to become ever more important in the near future with the implementation of the ASE...

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