Indonesia’s consumer price index (CPI) increased 3 percent year-on-year (yoy) in November, well within the central bank’s targeted range of between 2.5 percent and 4.5 percent for 2019, Statistics Indonesia (BPS) announced on Monday. Benign inflation has given room for BankRead more..

President Joko "Jokowi" Widodo has officially issued a regulation that streamlines all business licensing toward the Investment Coordinating Board (BKPM) and grants the agency the authority to review policies deemed as unfavorable for investors. Presidential Instruction (Inpres) No. 7/2019 on theRead more..

The Taxation Directorate General will focus on expanding Indonesia’s tax base next year in order to meet a tough revenue target for 2020 amid an economic slowdown. The Finance Ministry’s director general of taxation, Suryo Utomo, said the tax authority would make on-the-grounds efforts to expand theRead more..

Indonesia is among the top five most improved countries in terms of prosperity in the world, with an exceptional ranking in social capital, as the country has the highest levels of civic and social participation in the world, a new report highlights. The Legatum Prosperity Index 2019 published MondayRead more..

Despite being late to the party, Indonesia’s exchange-traded fund (ETF) has seen exponential growth since its launch 12 years ago. The investment instrument’s assets under management (AUM) sharply increased to Rp 15.2 trillion (US$1.08 billion) as of October of this year, up from Rp 557 billion whenRead more..