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Indonesia Targets Shadow Economy to Lift $145 Billion in 2026 Tax Revenue

Indonesia Targets Shadow Economy to Lift $145 Billion in 2026 Tax Revenue

Jakarta. Indonesia is stepping up efforts to widen its tax base and tap into the shadow economy as it seeks to raise Rp 2,357.7 trillion ($145.6 billion) in tax revenues by 2026. The target marks a 13.5 percent increase -- or Rp 280.8 trillion --...

Indonesia’s aquafarm revamp sparks fears for fate of farmers and mangroves

Indonesia’s aquafarm revamp sparks fears for fate of farmers and mangroves

Indonesia plans to revitalize 78,000 hectares (193,000 acres) of state-owned aquaculture ponds, starting with 20,400 hectares (50,400 acres) in West Java province, aiming to boost yields, create 119,000 jobs and attract investors. Small-scale...

Business News | DKSH Healthcare Establishes Industry Benchmark in Carbon Emissions Tracking in Thailand

Business News | DKSH Healthcare Establishes Industry Benchmark in Carbon Emissions Tracking in Thailand

PRNewswire Bangkok [Thailand], August 20: DKSH Business Unit Healthcare has achieved a significant milestone by successfully measuring Scope 3 carbon emissions within its supply chain in Thailand. This initiative was accomplished through a...

Indonesia’s cattle import quota still clouded by uncertainty

Indonesia’s cattle import quota still clouded by uncertainty

IT has been two months since the Indonesian Government announced the official removal of quotas on live cattle imports. Despite the significance of that announcement from one of Indonesia’s most senior ministers, uncertainty remains over what the...

Indonesia: Proposed merger of reinsurers without fresh capital infusion to stress domestic industry, says Fitch

Indonesia: Proposed merger of reinsurers without fresh capital infusion to stress domestic industry, says Fitch

Fitch Ratings has said that the proposed merger of three Indonesian reinsurers could dilute the capital profile of the domestic reinsurance market in the absence of fresh capital inflows. Fitch believes that the merged entity will reduce domestic...

Indonesia Stock Market Tipped To Open Under Water

Indonesia Stock Market Tipped To Open Under Water

The Indonesia stock market has moved lower in consecutive trading days, falling almost 70 points or 0.9 percent along the way. The Jakarta Composite Index now sits just above the 7,860-point plateau and it's likely to remain stuck in neutral again...

Is Chinese finance enough to feed Indonesia’s clean energy push?

Is Chinese finance enough to feed Indonesia’s clean energy push?

Following the US exit from the Just Energy Transition Partnerships in March, China will likely become Indonesia’s strongest financing partner as the country accelerates towards its renewables targets. But China has its own domestic issues, and...

Baznas, BRIN improve Indonesia's science and technology HR

Baznas, BRIN improve Indonesia's science and technology HR

Jakarta (ANTARA) - The National Alms Agency (Baznas), along with the National Research and Innovation Agency (BRIN), is striving to strengthen Indonesia's human resources in science and technology through the 2025 Research Scholarship. Baznas...

Forbes Global CEO Conference Returns To Jakarta In October

Forbes Global CEO Conference Returns To Jakarta In October

Prabowo Subianto, President of the Republic of Indonesia, leads a distinguished speaker line-up for the 23rd Forbes Global CEO Conference Forbes Global CEO Conference 2025 Forbes Asia JAKARTA (August 20, 2025) – Forbes Media today announced that...

Australia backs Indonesian fight against livestock diseases

Australia backs Indonesian fight against livestock diseases

Katie Hallatt from LiveCorp and Mike Darby from Cattle Australia visited smallholders in Indonesia who were having their cattle vaccinated against foot and mouth disease and lumpy skin disease. They are photographed with the parents of the owner...

Japanese financial services firm buys 30% stake in RCBC unit

Japanese financial services firm buys 30% stake in RCBC unit

MANILA, Philippines — Japan's Sumitomo Mitsui Finance and Leasing Company, Ltd. (SMFL) entered into an agreement to purchase 30 percent equity in RCBC Leasing and Finance Corp. (RLFC) of the Yuchengco-led Rizal Commercial Banking Corp. (RCBC), via...

US demand for RVs fuels deforestation on Indonesia's Borneo: NGOs

US demand for RVs fuels deforestation on Indonesia's Borneo: NGOs

Tropical wood demand from some of America's top RV brands is fuelling deforestation on the Indonesian island of Borneo, home to Asia's last great rainforest, according to a new investigation by environmental NGOs. The recreational vehicle industry...

‘Parasite’ Producer Barunson E&A Partners With Indonesian Horror Master Joko Anwar

‘Parasite’ Producer Barunson E&A Partners With Indonesian Horror Master Joko Anwar

Barunson E&A, the Korean studio behind Bong Joon Ho’s Oscar-winning “Parasite,” will handle worldwide sales for acclaimed Indonesian filmmaker Joko Anwar‘s production company Come and See Pictures under a new two-year exclusive agreement. The...

How 102 Taiwanese Companies are Reshaping Taiwan's Workplaces with Tech, Trust, and Inclusion

How 102 Taiwanese Companies are Reshaping Taiwan's Workplaces with Tech, Trust, and Inclusion

TAIPEI, Aug. 20, 2025 /PRNewswire/ -- HR Asia Best Companies to Work for in Asia organized by Business Media International proudly honours 102 organizations that exemplify excellence in human capital strategy and workplace culture. This year's...

India@79: Rising Economy, Lingering Gaps

India@79: Rising Economy, Lingering Gaps

India is set to become the world's fourth-largest economy in 2025, but slow income growth, lack of structural change, and rising inequality highlight the gap between progress and real transformation. Illustration: Dominic Xavier/Rediff India...

Aussie company’s big call amid tariff chaos

Aussie company’s big call amid tariff chaos

Australian coffee machine manufacturer Breville has confirmed it will move more of its production away from China to Mexico, Indonesia and other zones in a stark example of Donald Trump’s power to reorganise world trade. The ASX-listed $5bn...

Apparel Exports To Surge with UK Trade Overhaul

Apparel Exports To Surge with UK Trade Overhaul

COLOMBO (News 1st); Sri Lanka’s garment sector is set to benefit from sweeping trade reforms under the UK’s Developing Countries Trading Scheme (DCTS), which will come into effect in early 2026. The British High Commission in Colombo has announced...

ASX 200 Austrade expands trade and innovation links across Asia

ASX 200 Austrade expands trade and innovation links across Asia

Highlights,Austrade announces programs in Thailand, Indonesia, and Vietnam to build stronger trade ties in sustainability, technology, and education,Australian companies with expertise in green economy, AI, blockchain, and Edtech are invited to...

Governor at Job Festival: Jakarta Jobs Reserved for Local Residents

Governor at Job Festival: Jakarta Jobs Reserved for Local Residents

TEMPO.CO, Jakarta - Jakarta Governor Pramono Anung emphasized that job opportunities in the capital should be prioritized for Jakarta residents. He delivered this statement while attending the Job Festival Wave III at the Jakarta International...

Maritime border negotiations begin between Timor-Leste and Indonesia

Maritime border negotiations begin between Timor-Leste and Indonesia

The Timorese government announced the launch of formal negotiations with neighbouring Indonesia to delimit the maritime border between the two countries, reports Lusa. The first round started Tuesday, with senior officials from both governments...

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