Indonesia Sets Its Sights On 40% Investment from Southeast Asian Countries Indonesia sets its standards high, aiming for at least 40% foreign direct investment (FDI) from Southeast Asian countries. The Government aims to attract Rp80 billion in FDI. Since Indonesia accounts for 40% of ASEAN’s total economy, the stipulation is that at least 40% of…
To Reach Net Zero Emissions Target Definitely A Possibility for Indonesia Indonesia’s Government is optimistic that it can achieve its aim to reach net zero emissions target before 2050. Achieving this by 2050 means Indonesia would have reached its target before 10 years. The Government firmly believes that decarbonisation of the industry sector is achievable.…
Dear Valued Customers, Welcome to Our September Newsletter Welcome to the September edition of the 3E Accounting newsletter. In this edition, we are going to look at what has been happening across Singapore, Malaysia, Hong Kong, and Indonesia. Singapore Avoids Technical Recession with Sufficient Economic Growth Singapore’s economy grew slightly in the second quarter…
Indonesia and Bangladesh Sign Memorandum of Understanding for Energy and Agricultural Cooperation Indonesia and Bangladesh sign MoU (Memorandum of Understanding) on cooperation in the energy and agricultural sectors. The MoU aims to promote the long-term sale and delivery of conventional energy forms in Bangladesh. It also aims to develop new and renewable energy sources in…
Indonesia Set to Become the World’s Sixth-Largest Economy By 2026 Indonesia is set to become the world’s sixth-largest economy by 2026, surpassing Russia. At least, that is what the International Monetary Fund (IMF) is projecting. The Growing Strength Of the Labour Force Indonesia’s growing labour force is driving its ascent toward becoming the world’s…
Dear Valued Customers, Welcome to the July Newsletter Several eventful things have been happening at our 3E Accounting offices across Asia. 3E Accounting International Achieves 113 Countries Global Milestone 3E Accounting International, headquartered in Singapore, has achieved a remarkable global milestone. It has joined the ranks of the Top 20 Global Accounting Networks. It…
Indonesia Leading Others, Globally, at Economic Recovery Post Pandemic The economic situation globally is striving, with most nations trying to recover from the stresses caused by the pandemic. But, one country is enjoying a favourable economy. Indonesia economy growing has shown how proper management and governance can help a country prosper even during turbulent times.…
Indonesia Conquers the Largest Share of ASEAN’s Digital Market Among Its Neighbours With almost 40% of the overall value of digital market share in ASEAN, Indonesia is leading the ranks with the most digital economy transactions in 2022. With this achievement, Indonesia is paving the way to igniting the digital economy within the country. The…
Driving Change: Indonesia’s Mission to Cut CO2 Emissions by 358 Million Tonnes Indonesia has set a resolution to slash emissions in the energy sector by a significant 358 million tons of carbon dioxide equivalent (CO2) by 2030. To accomplish this, various initiatives have been undertaken, including implementing energy-efficient practices, promoting renewable energy, adopting clean energy…
Five Years Expansion for the Validity of Visa for Indonesian Business Travellers in Australia The Australian government has agreed to enhance the duration of visa for Indonesian Business Travellers, extending them from three to five years, in an effort to foster reciprocal tourism between the two nations. This significant decision was reached after a recent…
