Insights

Insights

Road to Recovery

COVID-19 has severely impacted Indonesia's hospitality segment in the first half of 2020. With the relaxation of social distancing protocols, what's the next step for hotels?
RY
Robert Yota 3 weeks ago . 7 min read
Insights
Digital tax in Indonesia to be effective starting July
The Ministry of Finance has decided that 10% VAT will be imposed on digital products such as music streaming & film subscription, games, and online services coming from abroad - in order to create a level playing field to all business players.
MP
Marella Putri 5 months ago . 2 min read
Insights
World Bank approved $700 million of financing to help Indonesia fights against COVID-19 pandemic
The financing is divided into two projects, one for Indonesia's Social Assistance Reform Program and the other goes as COVID-19 Supplemental Financing for Indonesia's First Financial Sector Reform Development Policy Loan
MP
Marella Putri 5 months ago . 1 min read
Insights

Global bonds expands FX reserves, more room to protect rupiah amid COVID-19

One of the global bonds issued by the government was Asia's longest-dated dollar bond of $4.3 billion which was issued last month
MP
Marella Putri 5 months ago . 1 min read
Insights
Indonesia's economy grew at its weakest pace since 2001 in 1Q-2020
The 2.97% growth is far lower than many projections, and the slowdown is predicted to drag to the second quarter.
MP
Marella Putri 5 months ago . 1 min read
Insights
Sukuk Market will Drop
By Elisa ValentaThe sharia bond (Sukuk) market will see a significant drop in issuance this year due to lower oil price and coronavirus pandemic. The
EC
Ester Christine Natalia 5 months ago . 2 min read
Insights
Jokowi called for immediate debt relief for developing countries
Jokowi emphasizes to all NAM countries member at the High Level Meeting to solidify unity against COVID-19 pandemic and asks equal access to coronavirus medicine for developing countries.
MP
Marella Putri 5 months ago . 1 min read
Insights
Inflation rate in April stood at 0.08%
BPS noted lower demand for goods and services a result of a slowdown in economic and social activities upon implementation of large-scale social restrictions (PSBB)
MP
Marella Putri 5 months ago . 1 min read
Insights
Tax incentives introduced to mitigate COVID-19 impact
The government has extended tax incentives to help more manufacturing sectors, relieve loans for SMEs and income taxes, and more.
MP
Marella Putri 5 months ago . 1 min read
Insights
Stimulus for power generation industry
By Elisa ValentaTo lower the energy costs, Indonesia's government has added the power generation industry to a list of industries eligible for cheap gas. Through
EC
Ester Christine Natalia 5 months ago . 1 min read
Insights
Discussion on omnibus bill on job creation postponed
The move is meant to avoid workers' mass protest before the May Day amid the Covid-19 pandemic.
MP
Marella Putri 5 months ago . 1 min read