The recent corruption case involving PT Taspen (Persero) has significant implications for the business environment in Indonesia. Below, we provide an in-depth analysis of the key aspects of this high-profile case. Overview of the Case The Corruption Eradication Commission (KPK) is investigating an alleged fictitious
In a recent development, the Indonesian House of Representatives is considering the passage of the Cash Limitation Bill, proposed by President Joko Widodo. This significant legislative effort aims to reshape the country’s economic landscape by limiting cash transactions to a maximum of IDR 100 million,
In a remarkable stride towards economic transformation, Indonesia’s Downstream Investment has surged, underscoring a pivotal moment in the nation’s industrial landscape. Spearheaded by President Joko Widodo’s visionary initiatives, the Investment Coordinating Board (BKPM) reveals a staggering realization of Rp 375.4 trillion in investments throughout 2023.
In a recent development, the Indonesian government has introduced several tax incentives for investors in the new capital city, Ibu Kota Nusantara (IKN). Among these incentives is a tax holiday, offering exemption from taxes for a specific period. According to Dwi Astuti, Director of Public