IBAI News

Gov't Cuts Tax for Small and Medium Enterprises

June 23, 2018 | Jakarta. Indonesia will cut the final income tax rate for small and medium-sized enterprises by half, to 0.5 percent of their annual sales, in a move to help businesses manage their cash flow and expansion. President Joko "Jokowi" Widodo announced the cut at the East Java Expo…

Indonesia poised to benefit as China's Belt and Road turns green

Fri, June 22, 2018 | The Belt and Road Initiative (BRI), unveiled by Chinese President Xi Jinping in September 2013 to reawaken and extend the old Silk Road for enhanced international trade, development and cooperation, will account for 30 percent of global gross domestic product. But the BRI will require…
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