The Government of the Kingdom of Saudi Arabia has expressed its intention to make a ‘mega investment’ in Indonesia. The intention was delivered by Saudi Arabian Prince Mohammed bin Salman bin Abdul Aziz Al-Saud, who is the Second Deputy Prime Minister and Saudi Arabian Minister of Defense, during a meeting with President Joko ‘Jokowi’ Widodo […]

President Joko ‘Jokowi’ Widodo on the second day of his working visit to the People’s Republic of China, became a keynote speaker in a business forum held on Saturday (3/9), at the Shangri-La Hotel, Shanghai. In the event attended by Chinese business people, President Jokowi conveyed his optimism in Indonesia’s economic development. The President said […]

President Joko ‘Jokowi’ Widodo has sent a letter to the House of Representatives (DPR) proposing Comr. Gen. Budi Gunawan to replace the current Head of National Intelligence Agency (BIN) Sutiyoso. The letter was handed directly by Minister of State Secretary Pratikno to the Speaker of the DPR on Friday (2/9), at the Meeting Room of […]

After six hours flight from Jakarta, Indonesian Presidential Aircraft that brought President Joko Widodo and First Lady Ibu Iriana Joko Widodo landed at Xiaoshan Hangzhou International Airport, the People’s Republic of China (PRC), on Friday (2/9) at 1.15 p.m. local time or 12.15 p.m. Western Indonesia Time. The arrival of the President and his entourage […]

In an effort to improve competitiveness of domestic cellphone, handheld computer, and tablet computer industries, the Indonesian Ministry of Industry on 26 July 2016 issued Regulation of the Minister of Industry Number 65 of 2016 on the Provisions and Procedures of the Calculation of the Value of Domestic Component Level (TKDN) of cellphones, handheld computers,and […]

President Joko ‘Jokowi’ Widodo and First Lady Ibu Iriana Joko Widodo on Friday (2/9) departed from Halim Perdanakusuma Airport, to pay working visits to the People’s Republic of China and Laos. In China, the President is scheduled to attend the G-20 Summit which will be held in Hangzou on 4-5 September 2015. Head of Bureau […]

President Joko Widodo raised the issue of financial inclusion when receiving a courtesy call of the Queen of the Netherlands, Queen Maxima, as the United Nations Secretary- General’s Special Advocate (UNSGSA) for Inclusive Finance for Development, at the Merdeka Palace, on Thursday (1/9) morning. “Since the Queen has a role in the UN, the World […]

Minister of Finance Sri Mulyani Indrawarti said she understands public concerns in the implementation of tax amnesty program. According to her, although the program targets wealthy taxpayers with capital or assets abroad, Law Number 11 of 2016 on Tax Amnesty applies for all Indonesian people. “The spirit is for wealthy taxpayers and to repatriate assets […]

Following the outbreak of Zika in Singapore, Indonesian Ministry of Health has raised alert towards the possibility of the virus reaching Indonesia, considering Singapore’s geographical proximity with Indonesia, especially with the Island of Batam. In addition, there is also a high mobility of people between Singapore and Batam. “To increase awareness to all health officials […]

In order to provide legal certainty for Taxpayers who have indirect assets in form of Special Purpose Vehicles (SPVs) through Law Number 11 of  2016, Minister of Finance Sri Mulyani Indrawati on 23 August 2016 signed Finance Minister Regulation Number 11 of  2016 on Tax Anmesty for Taxpayers with Indirect Assets in form of Special […]