Wednesday, September 27, 2023 | 05:50 WIB


Tobacco excise duty increases by 10%, this the latest price list of cigarettes

Finance Minister Sri Mulyani has officially raised the tobacco excise duty effective from January 1, 2023.

Wave of retrenchment to continue in 2023 – Apindo

The Indonesian Employers Association (Apindo) predicts layoffs will continue into 2023. Apindo chairman Hariyadi Sukamdani said this is primarily fuelled by the global recession which reduces demand for exports of labour-intensive industrial products, reported Tempo, Thursday (22/12).

Govt officially band export of bauxite from June 2023

President Joko Widodo personally issued the statement in Jakarta, Wednesday (21/12), reported CNN Indonesia.

Indonesia able to handle Covid-19 pandemic well, says economic minister

Indonesia is considered a success story in the handling of Covid-19 pandemic. For more than two years, all elements have collaborated and managed to keep inflation under control at 5.42 percent, economic growth at 5.72 percent, and daily caseload below 5,000, says Coordinating Economic Minister Airlangga Hartarto on Tuesday (20/12).

Sri Mulyani announces the end of pandemic-induced economic crisis

Finance Minister said the economic crisis fuelled by the Covid-19 pandemic is over. Thus, the management of state budget (APBN) will revert to normality.

Cigarette excise to go up 10% by Jan 1

The government has officially decided to increase cigarette excise tax by 10 percent beginning from January 1, 2023. It will take effect for the next two years, reported Kompas, Monday (19/12).

BPS: Indonesia posts trade surplus 3 years in a row

Statistics Indonesia (BPS) announced that Indonesia posted a trade surplus of US$5.16 billion in November, compared to US$5.67 billion in October.

BDx Indonesia Names Agus Hartono Wijaya as President Director and CEO

BDx Indonesia, a joint venture company of Big Data Exchange (BDx), PT Indosat Tbk (Indosat Ooredoo Hutchison or IOH), and PT Aplikanusa Lintasarta, and the largest wholesale data center and cloud-focused operations creating digital infrastructure in the Indonesian market, is pleased to announce the appointment of Mr. Agus Hartono Wijaya as President Director and CEO of BDx Indonesia. In this role, Agus will play an integral role in leading and executing operations for BDx Indonesia’s multiple expansion initiatives and the substantial growth pipeline the company sees throughout Indonesia.

BI to launch digital rupiah soon

Bank Indonesia (BI) will soon issue a digital currency called “digital rupiah.” Although the official launch date is yet to be confirmed, BI has published a white paper on the mechanism of issuance and distribution of digital rupiah, dubbed the “Garuda Project” on Wednesday (30/11).

CCIIP Commits To Bolster Indonesia-Portugal Economic Cooperation

The Chamber of Commerce and Industry Indonesia - Portugal (CCIIP) President Eng. Ilídio Serôdio mentioned that the presence of CCIIP in Indonesia aims to be strategic interface between the Portugal and Indonesian economies and boost cooperation and business opportunities in both countries.

GoTo lays off 1,300 workers as it braces for a recession

Jakarta, IO - PT GoTo Gojek Tokopedia Tbk (GoTo) officially retrenched 1,300 of its workers on Friday (18/11), citing the need to improve efficiency. GoTo’s management said the decision was taken in a bid to...

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