Indonesian government gives tax office access to accounts at financial institutions

Indonesian President Joko Widodo has signed a new regulation giving tax authorities access to information on accounts held at financial institutions, including

Business

US Vice President Pence announces $10 billion in deals on Indonesia trip

Exxon Mobil will sell liquefied natural gas to Indonesian state-owned energy company Pertamina, General Electric will provide technology for Indonesian power plants, while...

US Vice President Pence announces $10 billion in deals on Indonesia trip

Let It Go: Disney officially denies claims of a Disneyland being built in Indonesia

Let it go, let it

Let It Go: Disney officially denies claims of a Disneyland being built in Indonesia

Indonesian official says Rp 6 trillion Disneyland theme park will be built in Boyolali, Central Java

All around Indonesia, one of the things people were talking about over the long weekend was the possibility of spending future long weekends at an actual Disneyland theme park in...

Indonesian official says Rp 6 trillion Disneyland theme park will be built in Boyolali, Central Java

Garuda Indonesia voted one of the Top 10 Best Airlines in the World by Tripadvisor users

Somehow, neither Lion Air or United made the

Garuda Indonesia voted one of the Top 10 Best Airlines in the World by Tripadvisor users

Bank Indonesia shoots down viral posts claiming new rupiah bills are being counterfeited

If you’re like us, you’ve only occasionally came into possession of the slick new rupiah bills that were launched last year, but already there have been claims that there may...

Bank Indonesia shoots down viral posts claiming new rupiah bills are being counterfeited

Indonesia eyes decree on tobacco after bill runs into opposition

The country's tobacco industry contributes almost 10 percent to government revenues through

Indonesia eyes decree on tobacco after bill runs into opposition

Indonesia tax amnesty nets $330 billion – now for reform

Southeast Asia's biggest economy this month is winding up one of the world's most successful tax amnesties, with at least 745,000 taxpayers declaring more than $330 billion of...

Indonesia tax amnesty nets $330 billion – now for reform

Indonesia tobacco bill would fire up output despite health fears

Indonesia's parliament has proposed a draft law that could lead to a sharp increase in tobacco output in a country that is already a top producer with one of the heaviest rates of...

Indonesia tobacco bill would fire up output despite health fears

Bread maker Sari Roti records increase in sales despite religious-fuelled calls for boycott

Sari Roti continues to be the most popular local bread brand in Indonesia, despite some Muslims in the country calling for its boycott late last

Bread maker Sari Roti records increase in sales despite religious-fuelled calls for boycott

Coconuts Jakarta Business

There’s a popular statistic among Indonesians - although its origin is unknown, hence its validity is questionable - that around 60 percent of Indonesia’s money flows through the main business strip of Jalan Sudirman to Jalan MH Thamrin in Jakarta. Whether it’s true or false, it’s certainly the most centralized business district in Indonesia, consisting of many of the world’s leading financial institutions like banks and insurance companies. This is partly the reason why Jakarta keeps on attracting outsiders - either Indonesians or expatriates - to look for jobs or for investment opportunities in Indonesia’s capital city. Indonesia’s not that bad a place to invest in either, as it’s one of the few countries in the world that has experienced a steady economic growth in recent years despite scares of global economic meltdown.