President Joko ‘Jokowi’ Widodo on Thursday (29/9), at Fairmont Hotel, Jakarta, attended Global Islamic Finance Awards “Exellence In Islamic Finance”. The event, which was hosted by Financial Services Authority (OJK) in a series of  International Conference on Islamic Finance 2016, featured the theme “Revitalising Islamic Finance in the New Normal Era“. In his remarks, President […]

President Joko Widodo admitted that he wants the Palapa Ring project, that will provide the service of optic fiber network connecting all regencies/cities in Indonesia, to finish immediately. If not, the President added, Indonesia would be left behind. According to the President, Indonesia’s digital economy provides huge opportunity. By 2020, it is projected to achieve US$ […]

A high public interest to take part in the Tax Amnesty program is a momentum to reform Indonesia’s taxation system, President Joko ‘Jokowi’ Widodo said. “With enthusiasm as high as this, in which people queued from early morning at 3 a.m or 4 a.m., is a good thing. This is a good momentum to widen […]

Fishing patrol vessels under the control of the Maritime and Fisheries Monitoring Task Force (PSDKP) of the Ministry of Maritime Affairs and Fisheries arrested eight foreign fishing vessels that were allegedly involved in illegal fishing activities in waters in North Sulawesi, Indonesia. “Patrol vessels Hiu Macan Tutul 306 and Hiu Macan 401 have arrested those foreign […]

 President Joko ‘Jokowi’ Widodo on Tuesday (27/9) at the Presidential Office, Jakarta, led a limited cabinet meeting on the Development of Digital Economy. In his introductory remarks, President Jokowi mentioned the trend in developed countries that begin initiating a new industrial revolution based on digital economy. According to President Jokowi, almost all countries are now […]

As a big country, Indonesia should have positive image and reputation in the international community that will not only strengthen the pride of Indonesian national identity, but also enhance its competitiveness among other countries. The statement was made by President Joko ‘Jokowi’ Widodo in a limited meeting on Thursday (27/9), at the Presidential Office, Jakarta. […]

In a bid to provide services and facilities for taxpayers to submit Tax Amnesty Declaration Letter in the last week of the first period, Director General for Taxation Ken Dwijugiasteadi on Monday (26/9) signed a Director General for Taxation Regulation Number PER-13/PJ/2016 on Procedures to Accept Tax Amnesty Declaration Letter in the Last Week of […]

Based on the statistical data released by the Directorate General of Taxes of the Ministry of Finance as of Monday (26/9), it is recorded that 171,592 participants have submitted their Asset Statement Letters (SPH) to take part in the Tax Amnesty program. According to the Directorate, the total asset declaration is recorded at Rp1.869 trillion, […]

The Indonesian Government will revise Government Regulation Number 79 of 2010 on Operating Costs that can be Recovered and Treatment of Income Tax in Upstream Oil and Gas Business Sector. Minister of Finance Sri Mulyani Indrawati in a press conference on Friday (23/9), explained the direction and policies of the Government Regulation Number 79 of […]

To anticipate oil and gas exploration and exploitation activities slowing down, the Government finds it necessary to revise Government Regulation Number 79 of 2010 on Refundable Operating Costs and Income Tax Treatment of Upstream Oil and Natural Gas. Minister of Finance Sri Mulyani Indrawati said that at the moment, exploration activities in Indonesia, from the […]