Browsing Tag
Indonesia
6 posts
Indonesia, TikTok’s best market, bans social commerce
Indonesia, the world's fourth-most-populous country, has decided to ban social commerce – the practice of embedding e-commerce facilities in social media platforms. The nation's trade ministry on Tuesday published regulations that limit social media to promoting goods and services and barring them from accepting payments. Trade minister Zulkifli Hasan argued the regulation is needed because
NWP-Backed Indonesia Logistics Platform Breaks Ground on Pair of Projects
The Cella team breaking ground on it Narogong project Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has broken ground on two logistics projects with a planned 165,000 square metres (1.8 million square feet) of net leasable area. The pair of projects — a two-storey facility in East Jakarta’s Cakung
Indonesia to make exporters hold FX earnings onshore for 3 months -media
© Reuters JAKARTA (Reuters) - Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local banking industry for three months, a top government official was cited by media as saying on Wednesday. The government was discussing the plan with the central bank and a review of requirements for
Indonesia Reports Over 1,000 Daily Covid-19 Cases, Highest in 3 Months
Home » News » World » Indonesia Reports Over 1,000 Daily Covid-19 Cases, Highest in 3 Months1-MIN READA mental health officer provides a protective face mask to a patient suffering from mental illness during a vaccination program in Bekasi, on the outskirts of Jakarta, Indonesia. (Reuters/for representation)Indonesia detected its first Covid-19 case of the more…
Indonesia Eyes Top Income Tax Bracket, Raises VAT in New Bill
This advertisement has not loaded yet, but your article continues below. Author of the article: Bloomberg News Arys Aditya, Grace Sihombing and Claire Jiao Article content (Bloomberg) — Indonesia is looking to raise its value-added tax and delay reducing the corporate income levies as part of a package of reforms aimed at raising government revenues…
Indonesia won’t follow China in outright digital currency ban, gov’t official says
Home » Business » Indonesia won’t follow China in outright digital currency ban, gov’t official says China recently reiterated its long-standing opposition to the use of digital currencies, stating that all Bitcoin transactions are illegal. Indonesia, however, will not go down this road, a senior government official has stated. Instead, it will seek to regulate…