Indonesian Political, Business & Finance News

Archive: 1 July 2015

6 articles found

Reduced 2015 property sales target imminent

JAKARTA -- Indonesian property developer Ciputra Development is planning to reduce its property sales target for the year as the national economic slowdown continues to erode demand. "We thought this year [would] be better, but investment has been weak," Ciputra director Harun Hajadi told reporters...

Indonesia enforces foreign currency rules

Australians holidaying in Indonesia could find themselves short of money from today after the country’s central bank pushed through new legislation prohibiting foreign currencies from being used in domestic transactions.

BPJS Ketenagakerjaan Fully Transformed Into Government Body

Men work at a construction site without proper safety equipment. The government has made it mandatory for companies to register employees to join the universal social security scheme provided by The Social Security Administration Body for Employment, or BPJS Ketenagakerjaan.

Indonesia's PANDI Contributes to Responsive and Resilient Internet with First L-Root Instance

JAKARTA - The first L-Root instance in Indonesia has been successfully installed in Jakarta, increasing the Domain Name System's (DNS) overall fault tolerance and its resilience against certain types of cyber threats, such as Distributed Denial of Service (DDoS) attacks, a press release by ICANN...

Frustrated Indonesian leader launches charm offensive with investors

JAKARTA - Exasperated by the performance of his economics team, Indonesia's president has personally taken on the job of promoting Southeast Asia's largest economy to skeptical investors, said palace officials and economists.

Govt Confident Tax Amnesty for Criminals Will Work

Jakarta. The government says its proposed amnesty for tax evaders will be a success because from 2017 increased exchange of tax-related data between nations will make it harder for criminals to keep money overseas.