Indonesia Exports and Imports Soar in the First Quarter of 2022 Rising worldwide commodity prices push Indonesia exports to surge. Trade is surging and riding high in Indonesia as commodity prices continue to increase globally. This is due to the world transitioning towards a post-pandemic phase as well as the Russia-Ukraine war. As a result,…
Dear Valued Customers, Highlighting the Importance of Data Protection in Singapore Welcome to the April edition of our newsletter! Just like that, we are already into our fourth month of 2022. We’ve had several things happening in Singapore, Malaysia, Indonesia, and Hong Kong over the last several weeks, and we’re here to share those highlights…
Increase in Indonesia VAT Rate to 11% Effective 1 April 2022 The Indonesian Government plans to increase the VAT rate in the country to 11% effective 1 April 2022. The increase is in accordance with the Harmonisation of Tax Regulations, Law Number 7. The 11% VAT rate increase is reflective of the Indonesian Government’s efforts to…
More Destinations Enter the Quarantine-Free Indonesian Travel List Eligible travellers can enter Bintan and Batam without quarantine for more Indonesian travel. The islands of Bintan and Batam are opening their borders for foreign travellers to enjoy more Indonesian travel. Eligible visitors to these islands will not need to observe quarantine protocols. This new development adds…
Creating Sustainable Futures by Advocating Women’s Empowerment By accelerating the progress of women’s empowerment, a better future awaits the world. From climate change to a global pandemic, humanity is facing extremely challenging times. There is an imperative need for appropriate strategies to bring about a sustainable future. Key amongst these is the need for policies…
How an Effective HR Team is Critical to the Business Interpersonal relationships are very important in business. However, getting along with individuals and being able to manage a wide range of responsibilities at once is quite tricky. This makes the HR Department all the more important. Human Resources seemingly do almost everything when it comes…
Your Essential Guide to Business Insurances Required by Indonesia Companies Business insurance has various advantages, including increased efficiency and protection of the workers. To add to all that, it makes the company seem all the more credible to outsiders. Knowing where to start in terms of business insurances required may be quite tricky, but that’s…
Indonesia’s Ministry of Finance Projects Positive Export Performance Moving Forward Indonesia’s Ministry of Finance anticipates that export performance will continue to grow. Export performance is expected to remain strong in the future, aided by high demand and prices. US$19.16 Billion Export Increase in 2022 Exports increased by 25.31 percent year on year (US$19.16 billion)…
Labour-Intensive Projects Expected to Generate 350,104 New Jobs in Indonesia Indonesia’s Public Works and Public Housing Ministry estimates that the labour-intensive projects in the water resources sector will employ 350,104 people this year. Funding for the labour-intensive programme is expected to reach Rp4.35 trillion in 2022. Water Resources Sector Programme for 2022 The labour-intensive…
Invest in E-commerce: The Next Big Future to Business As technology continues to advance, the only way to go for business is online. E-commerce is a fast-growing industry that more and more buyers (and sellers) prefer. If you’re still worried about the risks that come as you invest in e-commerce, there are a lot of…
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