Business News

Indonesia plans more tax breaks to lift GDP growth

INDONESIA plans to cut several taxes to boost investment and accelerate economic growth, said the country's finance minister, after noting the government's 2019 growth target may be hard to reach.South-east Asia's largest economy in the first quarter expanded 5.07 per cent from a year earlier, missing market expectations, leading Sri…

Indonesia to put spotlight on global economy at G20 Summit

Indonesia will draw attention to global economic and financial issues at the Group of Twenty (G20) Summit to be held on June 28-29 in Osaka, Japan. "At the G20 Summit in Japan, we will continue to bring up the same issues. The first issue pertains to the global economy and…

The 15th Food and Hotel Indonesia to Promote New Form of Hospitality and Culinary Trends

JAKARTA, Indonesia, June 19, 2019 - The Indonesia's largest food and hospitality exhibition, Food & Hotel Indonesia 2019 will kick off its 15th edition, from July 24, 2019 at JIExpo Kemayoran Jakarta. Organised by Pamerindo Indonesia, the four day biennieal expo will highlight the breakthroughs that are transforming the Indonesia'spreferences…

BKPM projects double-digit investment growth in 2019

Investment Coordinating Agency (BKPM) Head Thomas T. Lembong has forecast that Indonesia's domestic and foreign investment would record double-digit growth, or over 10 percent, by the end of 2019. "My forecast is that domestic and foreign investment growth in 2019 will return to double digits," Lembong, or popularly known as…
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