IBAI News

Indonesia Looks to Simplify Business Licensing With OSS System

July 12 2018 | As part of the push by the administration of President Joko Widodo to improve the ease of doing business in Indonesia and increase investment, the government has issued Government Regulation Number 24 of 2018 regarding Online Business Licensing Services (GR 24), which was signed and came…

Foreign exchange reserves decline to US$119.8 billion in June

Jakarta, Sat, July 7, 2018 | Indonesia’s foreign exchange reserves slid to US$119.8 billion as of June, lower than the $122.9 billion recorded a month earlier as Bank Indonesia (BI) continued to defend the rupiah against a stronger United States dollar. In a statement released on Friday, the central bank…
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