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Indonesia records investment of 53.61 billion USD in first half of 2024

Indonesia records investment of 53.61 billion USD in first half of 2024

Wed, Sep 04, 2024

Indonesia recorded an investment realization of 829.9 trillion rupiah (approximately 53.61 billion US dollars) in the first half of this year, with foreign and domestic investments contributing almost equally, according to Investment Minister and Head of the Investment Coordinating Board Rosan Perkasa Roeslani.

Indonesia searches for ways to balance domestic industries with surging Chinese imports

Indonesia searches for ways to balance domestic industries with surging Chinese imports

Wed, Aug 21, 2024

A protest by workers in Jakarta prompted Indonesian Minister of Trade Zulkifli Hasan to announce in July that the government will impose import tariffs of up to 200% on some products from China, particularly textiles, clothing, footwear, electronics, ceramics and cosmetics, to try to protect local businesses and prevent layoffs.

Indonesia and Australia finalise new bilateral defence treaty

Indonesia and Australia finalise new bilateral defence treaty

Tue, Aug 20, 2024

Indonesia and Australia have finalized a groundbreaking defense treaty to enhance military cooperation and interoperability. The agreement, reached during a pivotal meeting between Indonesian President-elect Prabowo Subianto and Australian officials, marks a significant step in strengthening the bilateral relationship amidst growing regional tensions.

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Google may settle to pay five years of back taxes to Indonesian govt

Google may settle to pay five years of back taxes to Indonesian govt

Wed, Nov 23, 2016

The company could end up paying nearly $400 million in back taxes for 2015 alone if it was found to have avoided paying taxes to the government

US presidential election offers little cause for alarm: JPMorgan AM's Michele

US presidential election offers little cause for alarm: JPMorgan AM's Michele

Thu, Nov 03, 2016

The US presidential election is unlikely to be a major risk for financial markets as Congress is likely to put a brake on many policies, whoever wins, the fixed income chief investment officer of JPMorgan Asset Management said on Wednesday.

Indians most confident about jobs, finances in Q3: Nielsen

Indians most confident about jobs, finances in Q3: Nielsen

Tue, Nov 01, 2016

Indians were the most confident globally when it came to job prospects, personal finances and immediate spending intentions in the third quarter (Q3) of 2016, according to global performance management company Nielsen.

Google may have to pay over $400 million in back taxes to Indonesia

Google may have to pay over $400 million in back taxes to Indonesia

Tue, Sep 20, 2016

The tax office alleges PT Google Indonesia paid less than 0.1% of the total income and value-added taxes it owed last year.

Besides gold medals and glory, the money athletes will make at the finish line

Besides gold medals and glory, the money athletes will make at the finish line

Wed, Aug 10, 2016

Athletes receive massive incentives for winning medals during the Olympics, apart from this the bonuses on offer make the games more lucrative.

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